Prices in the $3-trillion-plus global petrochemicals marketplace fell more than 3% to $1,162 per metric tons (/mt) in November, according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seve
ICRA has revised the long term rating outstanding of the Rs. 2421 crore term loans and the Rs. 600 crore, fund-based facilities of Haldia Petrochemicals Limited (HPL) from [ICRA]BBB+ to [ICRA]BBB-.
The Central Institute of Plastic Engineering and Technology (CIPET) has undertaken a feasibility study on behalf of Department of Chemicals and Petrochemicals (DCPC) with the aim of identifying the gaps in the existing quality standards and for acces
The Linde Group is set to build and operate a new hydrogen plant in the Jilin Chemical Industrial Park (JCIP) in Northeast China. The company will be investing around EUR 42 million in the first phase of this new project.
AkzoNobel has today completed its acquisition of the coatings business of Korean SSCP. SSCP has a strong position in the Korean mobile phone market and also supplies coatings to the wider consumer electronics industry.
The carbon black industry has approached the Department of Chemicals and Petrochemicals (DCPC) seeking some reliefs and save it from heavy losses.
French chemicals major Arkema announced it is selling off its vinyl products business to the Switzerland-based investment firm Klesch Group. The objective is to create a significant new integrated and independent player in the European PVC sector.
Indian Oil Corporation Ltd (IOC), India’s largest refiner, aims to double its crude refining installed capacity from 65.7 to 123 million tonnes per annum (mtpa) in the next 10 years, through expansion and new greenfield units. This was disclose
The Chemicals and Petrochemicals Manufacturers Association (CPMA) will finalise a report of the sub group on petrochemicals under the working group on chemicals and petrochemicals to be adopted for the 12th Five Year Plan.
Various stakeholders have deliberated on the proposal of reconstitution of Plastic Development Council (PDC) and have stressed the need for implementation of quality standards by the industry.
Prices in the $3-trillion-plus global petrochemicals marketplace, fell 9% to $1,200 per metric tons (/mt) in October, according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely-u
Indian Oil Corporation (IndianOil) has posted a loss of Rs. 7,486 crore for the second quarter of 2011-12 as compared to a profit of Rs. 5294 crore for the same quarter of the previous year. The loss is mainly on account of increase in unmet under-re
In order to source natural gas for the Indian market and trading in LNG, petrochemicals and related products, GAIL (India) Limited opened its office in Singapore on Wednesday. The company would be operating in Singapore through its subsidiary GAIL G
Mangalore Refinery and Petrochemicals Ltd, a subsidiary of ONGC, has proposed a 440,000 TPA polypropylene plant and GTG with HRSG units at its phase-III refinery at Mangalore.
CRISIL's ratings on Tecnimont ICB Pvt Ltd's (Tecnimont ICB's) bank facilities continue to reflect Tecnimont ICB's strong business linkages with its parent, Tecnimont SpA of Italy
Andhra Pradesh capital Hyderabad is gearing up to host Poly India 2011, a three-day event from November 9 which will provide much needed impetus to the polymer and plastic industry of the country and help in generating new business opportunities for
Fitch Ratings says in a newly-published report that amid changing global industry dynamics, the credit quality of larger low-cost liquefied natural gas (LNG) producers selling mainly to high-quality customers under long-term oil-linked contracts will
Integrated Pesticides Pvt Ltd has proposed a new unit at Sarigam in Gujarat's Valsad district. In its presentation before the expert committee of the Ministry of Environment and Forests, the company said the unit will produce 50 MT of Methyl Bromi
The Department of Chemicals and Petrochemicals (DCPC) has sought comments from key industry bodies like ICC and CHEMEXCIL on the setting up of a national institute on chemical safety and management.
The Department of Chemicals and Petrochemicals (DCPC) has decided to entrust to CII, ICC and some other bodies to prepare a discussion paper to take stock of the existing domestic legislations like Registration, Evaluation and Authorisation of Chemic
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