Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 985
General
General | 26 November 2020

Koch Fertilizer to invest $140 million on expanding ammonia production capacity at Iowa plant

Construction is scheduled to begin in 2021 and the revamped processes are expected to be fully operational by the fall 2022 season

Chemical
Chemical | 26 November 2020

Flugger acquires majority stake in Sweden-based paint company

The acquisition is awaiting approval by the competition authorities. Full approval is expected to be granted in early 2021

Petrochemical
Petrochemical | 26 November 2020

Iran's largest petchem project inaugurated by President Rouhani

The plant is scheduled for commissioning in March, 2021

General
General | 26 November 2020

IMCD to acquire personal care business of Turkish distributor

Ejder Kimya has a strong position in personal care market in Turkey and closing of the transaction is subject to customary closing conditions and regulatory approval and is expected to take place in early January 2021

People
People | 25 November 2020

Uralkali appoints Vitaly Lauk as its new CEO

Lauk will succeed Dmitry Osipov as CEO on 4 December

Chemical
Chemical | 25 November 2020

Eastman to raise tertiary amines capacity in Belgium

Company will significantly increase its capacity to produce tertiary amines at its Ghent, Belgium, facility by the end of 2021

Sustainability
Sustainability | 25 November 2020

Sinopec targets carbon neutrality by 2030

To strengthen the company’s energy-saving management, Sinopec implements an “energy efficiency improvement” plan that accelerates industrial structure adjustment to phase out the outdated production capacity

Petrochemical
Petrochemical | 25 November 2020

Ineos to acquire Sasol's stake in Gemini HDPE joint venture for $404 million

As per deal, Ineos will purchase Sasol's 50% share of the venture at La Porte, Texas

Chemical
Chemical | 25 November 2020

Solvay to sell barium, strontium and sodium percarbonate businesses to PE firm

Transaction is expected to close in Q1FY21

Chemical
Chemical | 25 November 2020

ACC's chemical activity indicator rises in November

The indicator rose 0.8 percent in November on a three-month moving average (3MMA) basis, following a 1.0 percent gain in October

Petrochemical
Petrochemical | 25 November 2020

Q8Oils to supply lubricants to INNIO

The deal is for supplying lubricants for all Jenbacher gas engines that operate on non-natural gas, including biogas, sewage gas and landfill gas

Chemical
Chemical | 25 November 2020

Nouryon expands its silica product line for the catalyst industry

The products have been developed to address the industry’s need for high purity and consistent quality in order to be able to produce more efficient catalysts that improve yield and performance

Petrochemical
Petrochemical | 25 November 2020

Invista completes nylon 6,6 capacity expansion in Shanghai

This expansion is INVISTA’s fourth continuous polymerization line at SCIP where the company now has 30,000-ton per year autoclaves and 160,000-ton per year continuous process nylon 6,6 polymer capacity

Energy
Energy | 25 November 2020

INEOS, Hyundai join hands to drive hydrogen economy forward in Europe

As per MoU, both companies will jointly investigate opportunities for the production and supply of hydrogen as well as the worldwide deployment of hydrogen applications and technologies.

Chemical
Chemical | 25 November 2020

Sumitomo India to launch one branded molecule every year under CRAMS

Company also plans to launch few combination products going ahead (mix SCC prop products and SCI generic) and has identified nine combination products

Chemical
Chemical | 25 November 2020

Industry leaders to explore role of PSUs in making Indian chemical industry self-reliant

ICN's e-conference on 27th November 2020 will see participation from leading PSU organizations and industry majors as speakers and delegates

Chemical
Chemical | 24 November 2020

Arkema ramps up fluoropolymer capacity for Lithium-ion batteries in China

Driven by strong growth in demand for electric vehicles and consumer electronics devices, as well as energy storage, the global lithium-ion battery market continues to expand at an accelerating pace

Chemical
Chemical | 24 November 2020

Perstorp plans to build sustainable methanol plant in Sweden

The project would support companies downstream in the value chains in their efforts towards renewable/circular materials, reduced carbon footprints, and in their ability to offer sustainable, affordable products

Chemical
Chemical | 24 November 2020

Yokogawa Included for the first time in DJSI World Index

As its three sustainability goals, Yokogawa is working to achieve net-zero emissions, make the transition to a circular economy, and ensure well-being, and has established medium-term targets for each goal that are to be achieved by the years 2020 and 2030

Petrochemical
Petrochemical | 24 November 2020

Indorama gets $300 mn loan for expanding PET recycling

The company is aiming for a minimum of 750,000 metric tons of recycled PET (rPET) globally by 2025

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