Chemical | 04 September 2020
NOVA Chemicals, Merlin Plastics enters into new plastic recycling partnership
Agreement will advance the plastics circular economy with PCR.
Agreement will advance the plastics circular economy with PCR.
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By using recycled feedstock, the company will help promote the circular economy, while also cutting its greenhouse gas emissions per tonne of end products.
The three-year agreement allows Sun Chemical to expand its reach to the biosensor, automotive, white goods, and electronic assembly markets across Mexico using a well-respected and widely known partner.
Company has approved sale of the land and building of the manufacturing unit situated at Village Nimbut in Pune for a consideration of Rs. 12.35 crore and the plant and machinery of the undertaking for a consideration of Rs. 95 lakh to Jubilant Life Sciences Limited (JLL).
Uniyal's revised tenure in the company will last till 15th June, 2021.
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The proposed unit will have a Calcined Needle Coke (CNC) production capacity of 56 KTPA.
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Honeywell will supply its Oleflex technology for a plant with capacity for 750,000 metric tons/year of propylene.
The company may declare force majeure on certain shipments.
With the acquisition of the Brazilian-based company, Sun Chemical will increase its specialty inks and coatings offering in Latin America.
The plant has restarted on a trial basis from 31st August 2020 and will be operating at its full capacity by 10th September, 2020 and is expected to produce approximately 470 MT per day.
Aparna S Sharma is presently Joint Secretary, Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government of India.
The installation is playing a key role in helping Gold Field’s Agnew mine to make the switch from fossil fuels to wind and solar power.
Industrial volumes will come online by the third quarter 2022.
These are the first registrations of inpyrfluxam and inpyrfluxam products outside Japan.
Company's net profit grew by 93.96% YoY and stood at Rs. 130.4 crore
Alliance will center on sales of degassing modules for water treatment with the aim of broadening sales channels in Asia, the United States and Europe.
The manufacturing of four new specialty chemicals is expected to be completed during FY 2020-21.
The new facility will produce Methyl, Butyl, and Octyl Tin Stabilizers, further expanding the global reach of its Mark Tin Stabilizer portfolio.
The company's sales dropped by 29.7% YoY and stood at Rs. 65.40 crores.
The Aspen Unified solution brings planning and scheduling together in one environment to connect and automate isolated processes, maximize the yield of high value products, push closer to limits and drive improved margins.
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