IVL in turn will acquire a 50% stake in a carved out entity, called Haldia, of Dhunseri, with an effective capacity of 480,000 tonnes PET manufacturing located in the eastern state of West Bengal. The JV is subject to regulatory approvals and expecte
The petrochemical industry is facing financial difficulty with pressure on prices and margins, this has discouraged capacity expansion, investment in the sector is severely lagging demand growth. This is making the “Make in India” campaign infructuou
The companies plan to build a pilot plant within the Handa Plant operated by Toyota Tsusho's wholly owned subsidiary Toyota Chemical Engineering.
These new polypropylene composite-based application solutions will be presented for the first time at the upcoming VDI International Conference on Plastics in Automotive Engineering taking place in Mannheim, Germany.
Punj Lloyd has announced winning oil & gas EPC orders worth Rs 2,070 crore from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC)
The success of this innovative undertaking results from a newly-developed process for the on-purpose production of butadiene which uses various types of sugars as feedstock, rather than the traditional use of hydrocarbon feedstocks.
Evonik Group received the European Plastics Innovation Award in the “Material Innovation” category for its use of polyamide 12 (PA 12) VESTAMID
All relevant antitrust authorities have cleared the transaction. Hence, the joint venture will be launched as ARLANXEO on April 1, 2016.
The net sales from petrochemicals business during the nine months of the current financial year decreased by 42 per cent to Rs 2,043crore as against Rs 3,520crore in the corresponding period of previous year
Paradip Refinery is the Vikas Deep for Odisha. The Refinery will contribute to the development of the State and bring new hope for the youth. The people of Odisha know about the importance of the Refinery.
Set up with an investment of approx. Rs. 10,000 crores, the BCPL plant will have the capacity to manufacture 2,80,000 tonnes per annum of polymer products which will result in the growth of new downstream plastic processing industries in the North Ea
The expansion plan calls for additional production capacity of 9,000 tons per year at the plant in Kuantan, Pahang State.
The expansion plan calls for additional production capacity of 9,000 tons per year at the plant in Kuantan, Pahang State.
The net profit for SABIC in 2015 was $5.01 billion, 19.57 percent lower than 2014, when net profit was $6.23 billion.
When the restructuring is completed later this year, Rosneft will become a direct shareholder and increase its shareholding in the Bayernoil refinery from 12.5% to 25%
The target of Modi Government is to achieve an investment of Rs.7,62,000 crores and generate employment for 34 lakh people in PCPIRs in time bound manner.
Reliance Industries Limited (RIL) recently selected Foster Wheeler as an engineering and procurement services contractor for its Paraxylene project.
SABIC expressed its confidence in India’s petrochemical industry growth opportunities, and its commitment to continue strengthening its market presence, at India Chem 2012.
Reliance Industries Ltd has posted an increase of 5.6 per cent in its net profit at Rs 4,473 crore for the first quarter ended 30th June, 2012 as compared to Q4 FY12 and decreased by 21 per cent as compared to Q1 FY12. Turnover increased by 8.1 per c
Indian Oil Corporation\'s net profit has jump in net at Rs 12,670.43 crore in the fiscal fourth quarter against Rs 3,905.16 crore in the year ago period.
Subscribe to our newsletter & stay updated.
