The company’s envisaged capex plan of Rs. 521 crores for the year, including carried forward commitment of previous year is going smoothly.
The quarter’s operational results include a negative pre-tax impact of approximately $30 million from an extremely sharp rise in European natural gas prices during the latter part of the quarter
The product was shipped from the Yeosu Complex and it will be delivered to the Italian material client, Novaresine, for use as raw materials to coat cans and coils.
59% of Aramco’s spending in 2021 was directed to domestic suppliers
TSPC is scheduled to begin producing AN using biomass propylene in February 2022
Line I is scheduled to go on stream by June 2024 and Line II is planned for completion by March 2025
Asian Paints has posted net profit of Rs.2180.15 crores for the 9 months period ended December 31, 2021
Shell Chemical will continue to operate its 100% owned Deer Park Chemicals facility located adjacent to the site.
The facility includes a 1.8 million metric ton per year ethane steam cracker, two polyethylene units capable of producing up to 1.3 million metric tons per year, and a monoethylene glycol unit with a capacity of 1.1 million metric tons per year.
This will enable Shalimar Paints to pursue both organic and inorganic growth opportunities within existing and even newer product categories
Companies have signed MOU for turning mixed post-consumer plastics into recycled feedstock for petrochemical businesses
Company will be building a 60,000 tonnes per annum melamine plant in Gurun, Kedah, Malaysia
Company will use acrylic acid as feedstock which is manufactured at its new Propylene Derivatives Petrochemical Complex at Kochi Refinery.
Initially a pilot plant for producing biodegradable plastics shall be set up which will eventually, with further investments, be scaled up in various well-organized phases
Construction to begin within the year and have annual production capacity of 20,000 tons by early 2024
Construction of the facility at Port-Jérôme in Normandy, Northern France is expected to begin in 2023, with commissioning approximately 18 months later
The process technology will be used for an additional 300 KTA polypropylene plant to be built in Balongan, West Java, Indonesia, that is expected to be completed in 2024
The new plant at Chalampé, France is set to increase BASF’s annual HMD production capacity to 260,000 metric tons and production is expected to start in 2024
This recognition marks IVL's commitment to sustainable growth and ESG performance as a global leader in the chemical industry
The company has entered into a definite agreement with the existing promoters/shareholders for acquiring 75% equity of Genesis Gas Solutions
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