Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 968
Chemical
Chemical | 08 January 2021

Methanex Trinidad facility to remain shut indefinitely

The company has made the decision to restructure its Trinidad operations to support a one-plant operation and reduce its Trinidad workforce by approximately 60 positions filled by employees and long-term contractors.

Energy
Energy | 07 January 2021

Thermax forms a new subsidiary Enernxt

Thermax is a one stop utility partner to both industrial and commercial segments.

Chemical
Chemical | 07 January 2021

Price trend of specialty chemicals in Oct 20: ICICI Securities

MDC (methylene chloride) prices shrunk 8.8% QoQ / 20.0% YoY to Rs30. It was also due to fall in chorine and methanol prices.

Chemical
Chemical | 07 January 2021

SAFCO acquires agri-nutrients business from SABIC

SAFCO company has changed its name to become SABIC Agri-Nutrients Company.

Chemical
Chemical | 07 January 2021

Perstorp Group granted unique RCF backed by the Swedish Export Credit Agency

The RCF is provided by Nordea, Goldman Sachs, SEB and DNB.

Chemical
Chemical | 07 January 2021

VIB acquires CropDesign site from BASF

VIB will establish a plant science and agricultural technology incubator at the CropDesign site.

Petrochemical
Petrochemical | 07 January 2021

Evonik buys polymers business from Durect Corp

The Lactel business will complement Evonik’s own Resomer line of polymers, both being among the most preferred brands of standard and custom PLGA polymers.

Chemical
Chemical | 07 January 2021

Pritzker Private Capital acquires Vertellus

The partnership with Pritzker Private Capital will help to build upon Vertellus’ leading standard of quality, service and safety

Chemical
Chemical | 07 January 2021

OpenGate to buy Solvay subsidiaries in Europe and US

Solvay expects to close the sale by the end of March pending completion of all required social dialogues and regulatory approvals.

Chemical
Chemical | 07 January 2021

USALCO acquires AlChem and CalChem

The combined business is a leading manufacturer of aluminum chemicals used in water and wastewater treatment, refinery catalysts and other industrial application

Technology
Technology | 06 January 2021

Qatargas awards offshore engineering contract to McDermott

The contract scope includes the replication of five offshore wellhead platforms and The FEED contract will be executed from McDermott's Doha office and work will begin immediately

Chemical
Chemical | 06 January 2021

India initiates ADD probe on imports of phenol from European Union and Singapore

The review is initiated on the application filed by Deepak Phenolics Ltd. Hindustan Organics Chemical Ltd.

Energy
Energy | 06 January 2021

Installed renewable energy capacity reaches 89.63 GW

Renewable energy now constitutes over 24 per cent of the country’s installed power capacity and around 11.62% of the electrical energy generation.

Gas
Gas | 06 January 2021

Govt is increasing natural gas share from 6 to 15%: Modi

Dedication of the Kochi-Mangaluru natural gas pipeline of GAIL is part of our journey to move towards One Nation One Gas Grid.

Chemical
Chemical | 06 January 2021

CRISIL revises outlook on the long term bank facilities of Deccan Fine Chemicals India

The group is expected to clock about 10 to 15 percent annual revenue growth over the medium term, backed by steady revenues from existing molecules and commercialization of new molecules.

Petrochemical
Petrochemical | 06 January 2021

India may impose anti-subsidy duty on imports of SBR from South Korea

The Authority concluded that since the SBR exported to India from South Korea is subsidized, the domestic industry has suffered material injury.

Chemical
Chemical | 06 January 2021

Jubilant Life Sciences demerger may complete in FY21

he company had announced this demerger in Oct'19 with the rationale of two separate and focused entities for pharma & LSI segment

Chemical
Chemical | 06 January 2021

CRISIL reaffirms its ratings on Valiant Organics

VOL has achieved revenue of Rs.674.93 crore and profitability of 26.6% in fiscal 2020; further it has reported Rs 314.17 crore in H1 FY2021 while profitability continues to remain healthy at about 30%.

Chemical
Chemical | 06 January 2021

Tata Chemicals terminates its export agreement with ANSAC

Tata Chemicals will focus on developing an integrated world class customer centric global sales organisation, serving customers diverse needs from locations in India, UK, Kenya and USA.

Technology
Technology | 06 January 2021

McDermott raises $560 million for business expansion

As announced on Nov. 18, 2020, the new capital was provided through a series of transactions which was secured through commitments from certain existing lenders and shareholders

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