Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 971
Sustainability
Sustainability | 04 March 2021

LANXESS management makes sustainability its business

All sustainability activities bundled and assigned to Board of Management members’ portfolios

Chemical
Chemical | 04 March 2021

Evonik FY 2020 net income drops to €465 mn

In the first quarter of this year, Evonik expects adjusted EBITDA of at least €550 million.

Energy
Energy | 04 March 2021

Mitsubishi Power to commercialize Carbon-free Power Generation Options by 2025

Commences development of world's first ammonia-fired 40MW class gas turbine system

Chemical
Chemical | 04 March 2021

Nouryon divests its salt specialties business to Salins Group

The deal is expected to close in the second half of 2021, subject to regulatory approvals and customary closing conditions

Chemical
Chemical | 04 March 2021

Pharma 4.0: Pandemic pushed reluctant pharma companies to adopt advanced technologies

Pharma industry is ready to embrace technology platforms with a keen focus on automation in manufacturing and digital health investment.

Chemical
Chemical | 04 March 2021

Tackling hazardous chemical accidents requires a holistic approach, say experts

The well-prepared staff, proper communication with transporters and awareness among people around the chemical plants a need of the hour.

Chemical
Chemical | 04 March 2021

Lupin launches penicillamine tablets USP

Penicillamine Tablets USP, 250 mg (RLD: Depen) had estimated annual sales of USD 5 million in the U.S. (IQVIA MAT December 2020).

Chemical
Chemical | 04 March 2021

COVAXIN demonstrates interim clinical efficacy of 81%

Bharat Biotech expects to share further details of the trial results as additional data become available.

Chemical
Chemical | 04 March 2021

Merck FY20 sales up 8.6% euro 17.5 bn

Merck forecasts organic growth of EBITDA pre in a high single-digit to low teens percentage range in 2021.

Chemical
Chemical | 04 March 2021

Corbion to boost global lactic acid capacity production

Multiple productivity initiatives will increase supply of lactic acid, a nature-based ingredient, for the company's customers in Europe and other regions

Chemical
Chemical | 04 March 2021

ExxonMobil plans capital spending of $16-$19 billion in 2021

The company expects permanent structural savings of $6 billion a year by the end of 2023 versus 2019.

People
People | 04 March 2021

PPG appoints John Stephenson as Director, Acquisition Integration

In his new role, Stephenson is responsible for the overall integration of PPG acquisitions

Petrochemical
Petrochemical | 03 March 2021

Braskem expands solvent portfolio with a new turpentine solution

Braskem Spiria turpentine can be used in the paints, thinners, adhesives, varnishes and cleaning products segments

Gas
Gas | 03 March 2021

Air Liquide joint venture invests in hydrogen and nitrogen production units in Kazakhstan

The joint venture will invest up to 86 million euros to acquire hydrogen and nitrogen production units from Atyrau refinery owned by KazMunayGas and to modernize them

People
People | 03 March 2021

Bruce Chinn named CEO of Chevron Phillips

Chinn, currently President of Chevron Phillips Chemical, will become CEO from April 1, 2021

Petrochemical
Petrochemical | 03 March 2021

Covestro sells stake in Dubai-based polyurethane JV

The sale will generate proceeds in the mid-single-digit million euro range.

Petrochemical
Petrochemical | 03 March 2021

Hempel delivers strong result, announces acquisition of ‘Wattyl’

The company’s strong top line growth in 2020 was primarily driven by strong demand in decorative and marine segments, despite a declining global coatings market.

Technology
Technology | 03 March 2021

Haldor Topsoe collaborates with Mærsk Mc-Kinney Møller for Zero Carbon Shipping

As a strategic partner to the Center, Topsoe will also join the Advisory Board, represented by Chief Strategy & Innovation Officer Kim Grøn Knudsen.

Energy
Energy | 03 March 2021

ExxonMobil announces Singapore workforce reductions

It is anticipated that about 300 positions will be impacted by the end of 2021.

Chemical
Chemical | 03 March 2021

Anupam Rasayan receives SEBI nod for Rs 760 Cr IPO

Funds raised from the net proceeds will be used to repay/prepay Rs 556.19 cr of its debt

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