Petrochemical | 12 May 2022
Ineos Styrolution India to restart Nandesari plant operations
The plant is expected to restart operations from May 12, 2022
The plant is expected to restart operations from May 12, 2022
This plant will be using corn/broken rice as feedstock with eco-friendly technology with a likely production capacity of 500 KLD Bioethanol which will be used for blending in petrol
The transaction enables the Ester Industries’ management to better focus on its core business of developing niche and complex products within its core Polyester Films and Specialty Polymer businesses
Company's PAT for the year was Rs 374.3 Crores, a de-growth of 29.5% over previous year
The potential transaction would allow OMV to expand its chemical portfolio beyond polyolefins
For the full year, the company's total income grew by 33.91% and stood at Rs. 29481.29
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
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