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Petrochemical
Petrochemical | 26 November 2022

EIL bags BDEP, DFR, and pre-project activities for Bio-ATF Plant at MRPL

The bio-ATF plant, having non edible oils and used cooking oil as feedstock, shall be the first of its kind in India and is based on technology developed by CSIR-IIP and EIL

Petrochemical
Petrochemical | 26 November 2022

CPCL-IOCL sign JV agreement for 9 MMTPA Nagapattinam refinery

The Rs. 31,580 crore refinery complex will cater to the petroleum products demand of the Southern region of India and provide impetus for economic development of the region

Petrochemical
Petrochemical | 25 November 2022

Sabic plans new oil-to-chemicals complex in Saudi Arabia

The crude-to chemical at Ras al-Khair will convert 400,000 barrels/day (b/d) of oil into chemicals

Petrochemical
Petrochemical | 24 November 2022

Neste acquires used cooking oil collection and aggregation business in the U.S

The transaction includes shares in SeQuential Environmental Services, LLC, and Pure, LLC, as well as a UCO processing plant in Salem, Oregon

Petrochemical
Petrochemical | 24 November 2022

Aral pilots two new lower carbon fuels in Germany

Both fuels reduce CO2 emissions compared to pure fossil fuels by at least 25% and contain at least 30% of high-quality renewable components, including a significant share of advanced renewable components

Petrochemical
Petrochemical | 21 November 2022

Sirco Paints South India manufacturing facility remains on hold

The demand outlook for the coming quarter remains solid and the company expects to do much better in the H2 FY 23 compared to H1

Petrochemical
Petrochemical | 18 November 2022

LyondellBasell evaluates propylene expansion project in Texas

A final investment decision on this 400 kiloton propylene expansion project is expected towards the end of next year

Petrochemical
Petrochemical | 18 November 2022

Aramco affiliate S-OIL to build world’s largest petrochemical crackers in South Korea

The new plant is planned to have the capacity to produce up to 3.2 million tons of petrochemicals annually and include a facility to produce high-value polymers. The project is expected to start in 2023 and be completed by 2026

Petrochemical
Petrochemical | 18 November 2022

Afryen to provide biobased organic acid to U.S. lubricants maker

AFYREN has now pre-sold more than 75% of its AFYREN NEOXY factory’s targeted production volume of organic acids

Petrochemical
Petrochemical | 17 November 2022

Indorama Ventures signs €275 million ESG-Linked Revolving Credit Facility

The facility is part of IVL’s corporate financing strategy across a range of instruments linked to the company’s ESG and sustainability commitments

Petrochemical
Petrochemical | 17 November 2022

Oil India Plans Capex of Rs. 13,000 - 14,000 Cr for FY 2023-24

The NRL expansion project is Rs. 29,000 crore and is to be completed by the end of FY 2024-25, so in the next two years i.e. FY 2023-24 and FY 2024-25, the entire expenditure hopefully will get invested for the NRL expansion project

Petrochemical
Petrochemical | 17 November 2022

Consortium formed for developing new process technology to produce Sustainable Aviation Fuel

The consortium of the Methanol-to-SAF project “M2SAF” sees five companies from the entire value chain joining forces with the aim of developing a novel process technology to facilitate the selective production of SAF that can be used as a drop-in fuel up to 100%

Petrochemical
Petrochemical | 17 November 2022

Gulshan Polyols to commence Borgaon Ethanol facility from Q4 FY23

The company shall augment operations from 500 KLPD facility at Borgaon, Madhya Pradesh and is further adding another 250 KLPD in Assam where the operations shall commence by FY25

Petrochemical
Petrochemical | 17 November 2022

CPChem and QatarEnergy to construct integrated polymers facility on US Gulf Coast

The plant, expected to begin operations in 2026, will include a 2,080 KTA ethane cracker and two 1,000 KTA high-density polyethylene units

Petrochemical
Petrochemical | 17 November 2022

Invista breaks ground for new nylon polymer plant in South Carolina

The highly anticipated 90,000-square-foot facility is part of a $64 million investment over two years to enhance the site’s polymer and CORDURA fiber spinning production

Petrochemical
Petrochemical | 15 November 2022

Lukoil commissions petroleum residue recycling facility at Nizhny Novgorod refinery

The facility is comprised of a delayed coking unit, diesel fuel and gasoline hydrotreatment unit, fractioning column, hydrogen and sulphur production unit

Petrochemical
Petrochemical | 14 November 2022

Berger Paints India posts Q2FY 23 consolidated profit at Rs. 219.36 Cr

The company has reported total income of Rs. 2683.50 crores during the quarter ended September 30, 2022

Petrochemical
Petrochemical | 11 November 2022

Indorama 3Q22 revenue up 10%

The company posted Core EBITDA of US $606 million in 3Q22, a 39% increase YoY and a decline of 20% QoQ as the strong tailwinds drove record earnings into 2022 began to normalize in the third quarter

Petrochemical
Petrochemical | 11 November 2022

India Chem 2022: Change of mindset necessary to drive growth in petrochemicals

Industry leaders point out the need for policies to accelerate domestic production and incentive support for small petrochemicals players

Petrochemical
Petrochemical | 10 November 2022

Gulshan Polyols Q2 FY23 PAT lower at Rs. 9.08 Cr

The company has reported total income of Rs. 277.73 crores during the period ended September 30, 2022

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