Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 98
Policy
Policy | 12 December 2024

India’s FDI journey hits $1 trillion

First half of FY 2024-25 sees a 26% increase to $42.1 billion

Energy
Energy | 12 December 2024

Technip Energies and GE Vernova bag contract for NZT Power project

The project aims to be the first world’s gas-fired power station with carbon capture and storage

Sustainability
Sustainability | 12 December 2024

Equinor and partners approve execution of UK’s first carbon capture and storage projects

It could transport and store up to 4 million tonnes of captured carbon dioxide emissions per year from three Teesside projects initially

General
General | 12 December 2024

ExxonMobil aims to generate an additional $20 billion in earnings potential by 2030

Investing $27-$29 billion of cash capex in 2025 and $28-$33 billion annually in 2026-2030 to progress attractive long-term opportunities

R&D
R&D | 12 December 2024

BASF inaugurates catalyst development and solids processing center in Ludwigshafen

The new Catalyst Development and Solids Processing Center enables BASF to conduct more focused and rapid development of innovative catalyst and process technologies

Chemical
Chemical | 12 December 2024

GHCL receives environment clearance for Rs. 6,500 crore, 1.1 MMTPA soda ash greenfield plant

India, which aims to reach 500 GW of installed capacity of green energy by 2030, will witness a Soda Ash demand of around 7.0 MTPA

Sustainability
Sustainability | 12 December 2024

Covestro to invest in pilot plant for chemical recycling of elastomers

Technology offers recycling solution and additional carbon footprint reduction for high performance elastomers

Sustainability
Sustainability | 12 December 2024

Hapag-Lloyd signs offtake agreement with Goldwind for green methanol

Savings of up to 400,000 tonnes of CO2e emissions per year

Supply Chain
Supply Chain | 12 December 2024

Odfjell secures attractive financing for seven chemical tankers

Odfjell is set to purchase a total of seven chemical tankers over the next 14 months

R&D
R&D | 12 December 2024

Nufarm collaborates with bp on biomass oil technology for future bioenergy applications

New agreement with bp that aims to accelerate the production of yet another lower-carbon plant-based biofuel feedstock to help meet the growing demand for sustainable aviation fuel (SAF)

Supply Chain
Supply Chain | 12 December 2024

Azelis partners with AAK for personal care in South Korea

Azelis will distribute AAK’s complete range of emollients for Personal Care in South Korea

Opinion
Opinion | 11 December 2024

Industry 4.0 enhancing operational efficiency and carving a path to sustainability: S Sunil Kumar, Country President, Henkel Adhesives Technologies India

Transitioning to a circular model could lead to substantial energy savings and a potential reduction of around 3 billion tons of CO2 emissions annually

Opinion
Opinion | 11 December 2024

Desiccant dehumidifiers: Defying moisture problems in chemical industry

It becomes essential to store all types of chemicals at ambient temperature conditions while maintaining the relative humidity at 40%

Sustainability
Sustainability | 11 December 2024

Environment Ministry facilitates agreements to advance circular economy, waste management

CSIR to partner with Government of Telangana and recyclers to advance sustainable recycling and skill development

Chemical
Chemical | 11 December 2024

BASF increases ammonium chloride production capacity by 50% at Ludwigshafen site

BASF is emphasizing its long-term commitment to remain a reliable and world-leading supplier of ammonium chloride

Sustainability
Sustainability | 11 December 2024

INEOS, partners announce FID for Greensand CO2 storage facility in EU

‘Greensand Future’ will become the EU’s first operational CO2 storage facility intended to mitigate climate change

Energy
Energy | 11 December 2024

Chevron slashes 2025 capital budget by $2 billion

Organic capex budget of $15 billion; affiliate capex budget of $2 billion

R&D
R&D | 11 December 2024

BASF inks agreement with Brazilian INOCAS to develop sustainable Macauba oil supply

BASF reserves right to acquire a stake in INOCAS

Digitization
Digitization | 11 December 2024

ABB launches generative AI solution ‘Genix Copilot’ with Microsoft

Through its ongoing collaboration with Microsoft and leveraging Azure OpenAI Service, ABB has developed multiple use cases based on Genix Copilot that are already seeing early adoption

General
General | 11 December 2024

INEOS Enterprises to sale INEOS Composites to KPS Capital Partners for €1.7bn

The proposed deal is expected to be completed in the first half of 2025 subject to regulatory approvals

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