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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

Petrochemical
Petrochemical | 10 November 2022

Andhra Petrochemicals posts Q2FY23 loss at Rs. 15.80 Cr

The company has reported total income of Rs. 96.87 crores during the quarter ended September 30, 2022

Petrochemical
Petrochemical | 09 November 2022

Gulf Oil Q2 revenue grows 35% at Rs. 719.50 Cr

For the Half Year ended September 30, 2022, the company has achieved Net Revenue of Rs. 1,425.95 crore and PAT of Rs. 107.47 crore as against Net Revenue of Rs. 950.89 crore and PAT of Rs. 89.05 crore respectively

Petrochemical
Petrochemical | 08 November 2022

BPCL Q2 FY22-23 consolidated loss at Rs. 338.49 Cr

The company has reported total income of Rs. 128702.42 crores during the quarter ended September 30, 2022.

Petrochemical
Petrochemical | 08 November 2022

Petrobras on sale of stake in petrochemicals

The main subsequent stages of the project will be informed to the market in due course.

Petrochemical
Petrochemical | 04 November 2022

SPIC registers Q2 FY 2022-23 turnover of Rs. 712.23 Cr

The healthy topline and robust bottomline numbers signify the success of the company's efforts to create sustained and tangible value for India’s farming community

Petrochemical
Petrochemical | 03 November 2022

Manali Petrochemicals posts Q2FY22-23 revenue at Rs. 267 Cr

For the six months period revenue and profits were Rs. 573.67 crore and Rs. 48.85 crore, respectively.

Petrochemical
Petrochemical | 01 November 2022

Supreme Petrochem plans Capex of Rs. 1,200 Cr

The company is undertaking Capex for enhancing Masterbatches and Compounds and XPS capacities at Amdoshi Plant to cater to the additional demand and brownfield expansion at Chennai is nearing completion and the commissioning is likely to take place by end-November ’22

Petrochemical
Petrochemical | 01 November 2022

Tamilnadu PetroProducts posts Q2FY23 consolidated profit at Rs. 27.88 Cr

The company has reported total income of Rs. 609.09 crores during the quarter ended September 30, 2022

Petrochemical
Petrochemical | 29 October 2022

EIL awards Mongol Refinery LOA to MEIL

The refinery having 1.5 MMTPA crude throughput is being set up in Mongolia with the Line of Credit fund by the Government of India

Petrochemical
Petrochemical | 26 October 2022

Asian Paints earmarks total outlay of Rs. 6,750 crore for the next three years, says MD & CEO Amit Syngle

The company is looking at increasing the entire manufacturing capacity for more than 30% to about 22.7 lac KL per annum, which is for its own manufacturing capacity

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