Segment EBITDA for 4Q FY22 improved by 24.8% Y-o-Y to ₹ 14,241 crore ($ 1.9 billion) led by multi-quarter high transportation fuel cracks, partially offset by lower polymer & intermediates margins and higher energy cost
Under the new agreement bp will initially receive the output of Clean Planet Energy’s first facility, currently under construction in Teesside in the north-east of England
The partners will expand the production capacities of propionic acid, propionic aldehyde, ethyleneamines, ethanolamines and purified ethylene oxide, and build a new tert-butyl acrylate plant
The process technology will be used for two 200 kiloton per year (KTA) vinyl acetate copolymer (EVA) lines at the facility located in Lianyungang, Jiangsu Province, P.R. of China
The expo will showcase India as the global hub for sourcing processed items related to plastics
Profit Before Tax for the quarter stood at ₹311 Crores, compared to ₹332 Crores in 1Q 2021
The company registered first quarter 2022 EBITDA at US$2 billion
This transaction marks another important milestone as ADNOC accelerates the delivery of its Downstream and Industrial growth program, further expanding the Company’s long-standing partnership with Borealis
Capacity of the new facility is 5,000 metric tons and will focus exclusively on manufacturing 'amorphous' PHAs (a-PHAs)
As part of partnership, Mitsubishi will convert hydrothermal carbon (HTC) produced by Origin into high-performance analogs of specialty carbon black materials
The company reported total income of Rs. 21010.47 crores during the period ended March 31, 2022
Partnership will accelerate the use of bioethanol for chemicals and plastics, supporting the industry's efforts toward a carbon neutral circular economy
The technology has been optimized to reduce CO2 emissions and operating costs through lower energy consumption by up to 30%, while also reducing investment costs and enabling additional feedstock savings
Q1 net income was $41.5 million as against $15.2 million in Q1 2021
The material is structurally and functionally the same as its fossil-based counterpart and can be used with existing tooling and equipment under the same processing conditions
To help drive efforts to meet Hempel’s sustainability targets, the facility’s interest margin will be adjusted up or down, based on Hempel’s ability to meet its four sustainability goals
New presence in Vietnam expands IVL’s offering to major customers across the region
In addition to creating value from global and regional product and service innovation, the acquisition will enable AkzoNobel to better serve customers across more geographies, as well as accessing new markets
In the interim, the company will continue serving the fuels market, which is expected to remain strong in the near-term, and consider potential transactions and alternatives for the site.
Axens will supply the process design package of the Rewind Mix unit and the corresponding proprietary equipment, catalysts and adsorbents
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