Petrochemical | 14 August 2022
Braskem reports EBITDA of R$3.9 billion in Q2
Net revenue for the quarter was R$25.4 billion
Net revenue for the quarter was R$25.4 billion
The plant is scheduled to be completed in the first half of 2025 to start commercial production with an annual capacity of 40,000 tons
Contract is related to a new 2.5 MMTPA Vacuum Distillation Unit (VDU) in Vadodara, Gujarat, Western India
The scope is focused on the outside battery limit facilities for the ethane cracker and follows the successful completion of front-end engineering design for the facility
Owing to changed market scenario and the resultant lower prices, though total income was higher by 8% compared to the corresponding quarter of the previous year, sales and profitability during the period had been lower
During April-June 2022, HPCL invested Rs 2,809 crores towards upgradation of refinery/marketing infrastructure including equity investment in its JVCs and subsidiaries.
The company has reported total income of Rs. 1179.13 crores during the period ended June 30, 2022.
The company has reported total income of Rs. 249.53 crores during the period ended June 30, 2022.
Restart of work on mega project postponed to allow time for investigation and additional social compliance measures
The expansion program is on due course and will see additional capacity going onstream in batches starting from the second half of 2023 to 2023
The certifications were granted by TÜV Rheinland to SABIC AN, in Jubail, for 37,800 tons of “blue” ammonia and to Aramco’s wholly-owned refinery (SASREF), also in Jubail, for 8,075 tons of “blue” hydrogen
Conventional hydrocarbon resources discovered so far in the country estimated to be approximately 12 Billion Tonnes of oil and oil equivalent of gas
The merger paves the way for unlocking synergies inherent in leveraging the potential of the two companies
Aramco will benefit from VGP’s robust manufacturing and distribution network, significant R&D capabilities, strong partnerships with major OEMs, and a 150-year legacy of global brand recognition as it pursues opportunities to extend the brand globally
Castrol India has reported total income of Rs. 1255.38 crores during the period ended June 30, 2023.
The company’s total capacity at Ambernath site has doubled to 45,600 Metric Tonnes which makes it one of the world’s largest single sites for the manufacture of laminating adhesives
Earnings were $1.1 billion lower compared to second-quarter 2021 on reduced industry margins and unfavorable foreign exchange effects
Acquisition of Walco Foods is subject to the fulfillment of customary closing conditions and regulatory approval
Company's EBITDA totaled EUR 1,085 million as against last year at EUR 377 million in second quarter
These landmark agreements are expected to generate a combined turnover of around $10 billion from 7 million tons of capacity
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