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
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
A final investment decision on this 400 kiloton propylene expansion project is expected towards the end of next year
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
AFYREN has now pre-sold more than 75% of its AFYREN NEOXY factory’s targeted production volume of organic acids
The facility is part of IVL’s corporate financing strategy across a range of instruments linked to the company’s ESG and sustainability commitments
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
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%
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
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
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
The facility is comprised of a delayed coking unit, diesel fuel and gasoline hydrotreatment unit, fractioning column, hydrogen and sulphur production unit
The company has reported total income of Rs. 2683.50 crores during the quarter ended September 30, 2022
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
Industry leaders point out the need for policies to accelerate domestic production and incentive support for small petrochemicals players
The company has reported total income of Rs. 277.73 crores during the period ended September 30, 2022
The company has reported total income of Rs. 96.87 crores during the quarter ended September 30, 2022
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
The company has reported total income of Rs. 128702.42 crores during the quarter ended September 30, 2022.
The main subsequent stages of the project will be informed to the market in due course.
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