Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 966
Gas
Gas | 28 October 2020

Asian Energy Services bags Rs. 68.70 crore order from ONGC

The order is related to 2D Seismic Data Acquisition in PEL, Kangra Mandi, Himachal Pradesh, India.

Digitization
Digitization | 28 October 2020

Shell to deploy AVEVA's digital twin solution

The deployment will help enable a common digital thread across engineering, operations and maintenance and the ability to securely deliver information in context from a single source to decision makers across these critical functions.

Sustainability
Sustainability | 27 October 2020

LanzaTech, Total and L'Oreal produces first plastic bottle from carbon emissions

The partners now intend to continue working together on scaling the production of these sustainable plastics and look forward to working with all those who want to join them in committing to the use of these new sustainable plastics.

Petrochemical
Petrochemical | 27 October 2020

Lucite, Agilyx partners to commercialize PMMA recycling

Following the success of an initial smaller-scale trial using Agilyx’s molecular recycling technology, LI, with the support of parent company, Mitsubishi Chemical Corporation (MCC), will further advance its collaboration with Agilyx to deliver fully circular PMMA.

Chemical
Chemical | 27 October 2020

IIT Guwahati develops economical process to create psychoactive drugs from agricultural resources

The technology was patented and developed by Prof. Mihir Kumar Purkait, Head, Centre for the Environment, and Professor, Department of Chemical Engineering along with his MTech student VL Dhadge.

Chemical
Chemical | 27 October 2020

Brenntag to trim headcount and close sites as part of transformation initiative

The program will help the company deliver a sustainable annual contribution of additional operating EBITDA of 220 million EUR in total.

Chemical
Chemical | 27 October 2020

Covestro income rises in third quarter; raises full year earnings guidance

Company delivered strong growth in APAC, particularly China which helped in driving higher volumes in third quarter.

Digitization
Digitization | 27 October 2020

AVEVA wins best practices award from F&S in APM category

AVEVA’s leading position, growth strategy, and visionary roadmap in APM are honored by Frost Radar, which is a dynamic tracking tool that offers the frequent rating and positioning of companies that are leading the industry in growth and innovation.

Chemical
Chemical | 27 October 2020

Danaher registers strong growth in third quarter sales, profit

Revenues increased 34.5% year-over-year to $5.9 billion, with 14.0% non-GAAP core revenue growth including Cytiva.

Chemical
Chemical | 27 October 2020

Godrej Industries to raise Rs. 750 crore via NCD's

Company's management board has approved the memorandum for issuance of upto 7,500 rated, listed, unsecured, redeemable, Non-Convertible Debentures having face value of Rs. 10,00,000 each.

Chemical
Chemical | 27 October 2020

Atul delivers better results in second quarter

The operating profits for the quarter ended Sep-20 were up by 18.66% at Rs. 227.96 crores while the net profits were down by 16.65% at Rs. 175.06 crores on the back of higher tax charges.

Chemical
Chemical | 27 October 2020

Bhageria Industries bounces back to profit in second quarter

The company posted a net profit of Rs.16.15 crores for the quarter ended Sept 30, 2020 as compared to a net profit of Rs. 5.70 crores for the quarter ended June 30, 2020, reflecting a growth of over 183% YoY.

Chemical
Chemical | 27 October 2020

NACL Industries acquires 19-acre land to set up agrochem project

Company has purchased land in Dahej, Gujarat to set up a green-field project for agro chemicals manufacturing.

Digitization
Digitization | 27 October 2020

Equinor partners with TCS to drive digital transformation

TCS will leverage its deep domain knowledge of the energy sector, expertise and scale in digital technologies and investments in research and innovation, to achieve data democratization across Equinor's core operations and harness the power of machine learning and advanced analytics to help Equinor achieve its growth and transformation objectives.

Petrochemical
Petrochemical | 27 October 2020

Supreme Petrochem swings back to profit in second quarter

Company's net jumped by 139% YoY and stood at Rs.86.15 crores in Q1 FY21.

Energy
Energy | 26 October 2020

Honeywell acquires hydrogen fuel cells manufacturing firm

Acquisition enters Honeywell into the hydrogen fuel cells market for unmanned aerial systems and broader aviation applications.

Chemical
Chemical | 26 October 2020

Sudarshan Chemical profit falls amid flat sales in second quarter

The company posted a near flat growth of 1.03 percent YoY and its total sales stood at Rs. 430.72 crores.

Renewable
Renewable | 26 October 2020

KSB to invest in solar power plant SPV

The new business entity proposes to establish, operate and maintain a solar power plant in the State of Maharashtra.

People
People | 26 October 2020

Rossari Biotech appoints new CFO

Manikantan Viswanathan has been appointed as the Group CFO of Rossari with effect from 26th October, 2020.

Chemical
Chemical | 26 October 2020

GHCL's home textile business grows amid lower second quarter sales

Net Revenue for Q2 FY21 is at Rs. 779 crore as compared to Rs. 826 crore in the corresponding quarter ended Sept 30, 2019.

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