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General
General | 19 February 2021

Baker Hughes to acquire ARMS Reliability

The acquisition is expected to close in the second quarter of 2021 and will be integrated into the Bently Nevada product line within Baker Hughes’ Digital Solutions segment

Chemical
Chemical | 19 February 2021

Repsol posts adjusted net income of €600 million in 2020

The company launched initiatives to move forward towards this goal In 2020.

Chemical
Chemical | 19 February 2021

Birch Hill Equity Partners to buy Superior Plus’s specialty chemicals biz for $725 mn

Proceeds from the ransaction will improve Superior’s financial flexibility and allow the company to accelerate its growth through acquisitions of retail propane distribution businesses.

Petrochemical
Petrochemical | 19 February 2021

ONGC sees muted performance, says HDFC Securities

3Q crude oil realisation was USD 44.2/bbl (USD 59.7/41.4 YoY/QoQ) whereas gas realisation was USD 1.9/mmbtu vs. USD 3.4/2.5 YoY/QoQ

Petrochemical
Petrochemical | 19 February 2021

OIL reeling under stress, says HDFC Securities

Capex target for FY22 is of Rs 4000 crore.

Petrochemical
Petrochemical | 19 February 2021

Petronet LNG faring well, says HDFC Securities

Petronet LNG plans to expand Dahej's capacity to 20 MMTPA in the next three years.

Petrochemical
Petrochemical | 19 February 2021

OIL, EIL to jointly bid for BPCL stake in NRL

The deal is likely to close in March.

Chemical
Chemical | 19 February 2021

Dr. Reddy's Laboratories launches FH Tablets in the U.S. Market

Fluphenazine Hydrochloride Tablets, USP are available in 1 mg, 2.5 mg, 5 mg, and 10 mg tablets in 100 bottle count sizes.

Chemical
Chemical | 19 February 2021

Punjab Chemicals’ Drabassi plant resumes operation

The new building after installation of plant and machinery is now in operation after the trial runs.

Chemical
Chemical | 18 February 2021

Teijin to build new composite compressing molding unit in Czech Republic

Company will invest some EUR 10 million in the new glass-fiber sheet molding compound (GF-SMC) line, which will begin operating in autumn 2022 to help meet strong demand for Teijin’s composite formulations in Europe

Petrochemical
Petrochemical | 18 February 2021

AkzoNobel continues strong momentum in Q4

The company’s ROS excluding unallocated cost increased to 15.3% due to strong margin management and cost savings.

Chemical
Chemical | 18 February 2021

Gowda receives dividend receipt of Rs. 167.16 Cr from RCF

The dividend cheque was presented by Shriniwas C. Mudgerikar, CMD of RCF in presence of R K Chaturvedi, Secretary (Fertilisers) and other senior officers of Department of Fertilisers.

Chemical
Chemical | 18 February 2021

PCBL commissions 2 specialty black lines at Palej

PCBL is India’s largest carbon black manufacturer having 4 plants at strategic locations in India.

Petrochemical
Petrochemical | 18 February 2021

India's Petrochemical Outlook 2021 conference on Feb 19

Indian Chemical News (ICN), an online news media covering the Petrochemical, Chemical, Pharma and Energy sector is organizing an E-conference on “India's Petrochemical Industry Outlook 2021” on 19th February, 2021 from 3 PM – 4:30 PM.

Chemical
Chemical | 18 February 2021

Granules India announces approval of Potassium Chloride ER Capsules

Granules now has a total of 37 ANDA approvals from US FDA (36 Final approvals and 1 tentative approvals).

Petrochemical
Petrochemical | 18 February 2021

CDG Petchem Q3FY21 consolidated PAT at Rs. 0.49 Cr

The company posted net profit of Rs.0.1832 crores for the period ended December 31, 2019.

Chemical
Chemical | 18 February 2021

Lupin launches posaconazole delayed-release tablets

posaconazole delayed-release tablets 100 mg are the generic equivalent of Noxafil.

Petrochemical
Petrochemical | 18 February 2021

PM Modi inaugurates oil and gas sector projects in Tamil Nadu

"We are trying to eliminate the cascading effect of different taxes on natural gas across different states. Uniformity of tax will lead to reduction of cost of natural gas and increase in its usage across industries. We are committed to bringing natural gas under the GST regime,” the PM said.

Technology
Technology | 18 February 2021

Vopak invests in storage capacity for waste based feedstocks in the Port of Rotterdam

In total 16 new tanks with a combined capacity of 64.000 cbm will be built at Vopak Terminal Vlaardingen.

Chemical
Chemical | 18 February 2021

Perstorp Q4 net sales drop by 7%

EBITDA excluding non-recurring items amounted to SEK 257 m (275).

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