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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

Chemical
Chemical | 05 January 2021

New import duties on ‘clear float glass’ to aid domestic players : ICICI Securities

The Government has notified an additional CVD /anti-subsidy duty of ~9.74%-11.15% on imports from Malaysia.

Petrochemical
Petrochemical | 05 January 2021

Uptick in PVC prices continue unabated: ICICI Securities

Global supply shortage pushes PVC prices to new highs with another hike of Rs4/kg.

Chemical
Chemical | 05 January 2021

Tata Chemicals announces Shri Darbari Seth Scholarship to mark the visionary’s birth centenary

Scholarship will provide financial assistance to students of chemistry and chemical engineering

Petrochemical
Petrochemical | 05 January 2021

MRPL increases stake in OMPL to 99.9998%

ONGC transferred 124,66,53,746 shares of OMPL to MRPL's demat Account on 01/01/2021

Petrochemical
Petrochemical | 05 January 2021

Indian Acrylics registers 25% YoY increase in sales during Q3FY21

Sale of fibre and yarn during December 2020 has increased by 19 per cent to around Rs.64.02 crore.

Petrochemical
Petrochemical | 05 January 2021

L&T Hydrocarbon bags Rs 7000 + crore EPCC contract for PFCC unit from HRRL

The PFCC will convert the heavy hydrocarbons from the Vacuum Distillation Unit to produce more valuable gasoline, diesel, propylene and lighter products by the process of catalytic cracking.

Chemical
Chemical | 05 January 2021

Praj ranked as 2nd hottest company in global Bioeconomy for 2021

Praj has also secured 3rd ranking in the newly introduced Biodesign & Engineering category.

Chemical Solutions
Chemical Solutions | 05 January 2021

Pharma FDI stands at Rs. 3,039 cr in H1 FY 2020-21

FDI inflows in pharmaceutical sector (both pharmaceuticals and medical devices) were Rs. 5,846 crore in the FY 2019-20.

Gas
Gas | 05 January 2021

PM to dedicate Rs. 3,000 crore Kochi - Mangaluru natural gas pipeline today

The 450 km long pipeline has been built by GAIL (India).

Digitization
Digitization | 05 January 2021

Aramco leverages digitization to increase its productivity

By extending the strategic alliance with SAP Saudi Arabia, Aramco’s contribution to the in-Kingdom business ecosystem will be enhanced through job creation, training and by localizing supplier services and R&D

General
General | 04 January 2021

IIT Delhi partners with Ayurveda Institute on studying therapeutic benefits of herbal formulations, wellness

The projects emanate from the MoU signed earlier between the two institutions for interdisciplinary research in Ayurveda and applying engineering science principles

Chemical
Chemical | 04 January 2021

CARE reaffirms credit ratings of Bharat Rasayan

CARE has reaffirmed A1+ rating on Commercial Paper (CP) Issue.

Chemical
Chemical | 04 January 2021

Praj Industries bags Rs. 226.90 crore order from IOCL

The order is for execution of zero liquid discharge system - Water Treatment Package and Waste Water Treatment Package of Acrylic/Oxo-Alcohol Project at IOCL Dumad, Gujarat.

Chemical
Chemical | 04 January 2021

Pharma PLI Scheme receives 275 proposals

The PLI Scheme for Medical Devices has received 28 registrations across all four target segments out of which a maximum of 28 applicants will be selected under the Scheme.

Chemical
Chemical | 04 January 2021

N. Suresh Krishnan ceases to be MD of MCFL

N. Suresh Krishnan has completed his tenure of 5 years as Managing Director (MD) of Mangalore Chemicals and Fertilizers Limited (MCFL) as on 31st December 2020.

Petrochemical
Petrochemical | 04 January 2021

Tamot Plastic Park in MP and Paradeep Park in Odisha achieves 100% progress

Under the scheme, the Government of India provides grant funding up to 50% of the project cost, subject to a ceiling of Rs. 40 crore per Plastic Park project.

Petrochemical
Petrochemical | 04 January 2021

Kansai Nerolac Paints to invest Rs. 14.33 cr in Bangladesh

The equity contribution of Kansai Nerolac Paints Limited in the further issue of shares by the Bangladesh subsidiary is BDT 165 million i.e. around Rs. 14.33 crores.

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