Chemical | 19 October 2021
Lone Star completes acquisition of AOC
The acquisition was first announced in July 2021
The acquisition was first announced in July 2021
Total aggregate capacity of the company as whole has been increased from 5.63 lacs TPA to 6.32 lacs TPA
As per the agreement, McDermott will provide complete project management, engineering and procurement services, including field engineering, author supervision and the supply of equipment and materials for a two train ethane cracker unit with combined capacity of 2.8 million tons of ethylene per year and is licensed by Lummus Technology
The pilot project was inaugurated on 17th October 2021 in leased premises at Unnao with an area of 17,500 square feet with an installed capacity of 1,500 MT per annum
The Assembly will deliberate on the key initiatives around the operationalisation of the OSOWOG initiative, the $1 trillion Solar Investment Roadmap for 2030, and approval of a Blended Financial Risk Mitigation Facility
The two-day summit is jointly organised by the Department of Chemicals & Petrochemicals jointly with the Federation of Indian Chambers of Commerce and Industry (FICCI)
Focus will be on topics such as building a sustainable hydrogen economy, establishing a policy framework to promote hydrogen deployment, repurposing value chains, managing supply and demand dynamics, and up-scaling
The first market launch of the easyconnect CTS is expected in Denmark and the Netherlands in 2022, followed by France, Germany and the United Kingdom in 2023
Expansion will help meet growing demand in APAC and further regions
With this acquisition, DSM can further accelerate the growth of First Choice Ingredients by offering their products outside the US to DSM's global customer base
The Asia-Pacific R&D center will complement Neste's already extensive efforts in the area of innovation and R&D, and strengthen Neste’s presence in the Asia-Pacific innovation network
Milliken has acquired Encapsys LLC from Cypress Performance Group LLC
Together, they will develop, produce, market, and sell customer-centric enzyme products and solutions
The financial support is part of the EU’s Common European Interest (IPCEI) programme, in which Solvay has been approved to receive substantial grants to accelerate EV battery innovation in the European Union
Under the agreement, FFI will also purchase 250 megawatts of Plug Power’s electrolyzer solutions, used to create hydrogen and oxygen from water, for its Australian projects
Plans to power the proposed Flotta Hydrogen Hub are being developed by OWPL in partnership with Flotta Terminal’s owner Repsol Sinopec, and Uniper, a leading international energy company and pioneer in the field of hydrogen
Better infrastructure, special incentives, focus on sustainable practices will drive future growth of specialty chemicals business in India
Verax analyzers can measure hydrocarbon composition, vapor pressure, boiling point, flash point, API gravity and other physical properties in seconds
The renewed chairman's mandate is for a period of three years
The first plants will be built in Norway, Germany and Belgium in the next 10 years with investment also planned in the UK and France
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