Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 56
Petrochemical
Petrochemical | 16 June 2021

Avient partners with Oceanworks to incorporate recycled ocean plastics into new resins

Recycled ocean and ocean-bound plastics are those recovered from the ocean, waterways, and ocean-bound collection zones within 50 km of a coastline

Petrochemical
Petrochemical | 16 June 2021

Aemetis signs $200 mn low carbon biofuels offtake agreement with Murex

The terms of the agreement provide that the fuel and the related Low Carbon Fuel Standard and Renewable Fuel Standard Credits will be sold at a fixed discount to the market price at the time of delivery

Petrochemical
Petrochemical | 16 June 2021

Indaver and INEOS Styrolution announce production of first ABS using recycled styrene

The production of ABrS is a significant milestone in the project, funded by the EU LIFE programme, the European Union’s funding instrument for the environment and resource efficiency

Petrochemical
Petrochemical | 16 June 2021

Axens, Sulzer form alliance to license FCC naptha processing solution

The combined solution of both technologies brings outstanding advantages for the gasoline and the petrochemical segments

Petrochemical
Petrochemical | 14 June 2021

Indorama completes acquisition of CarbonLite's rPET assets

Company has taken charge of the plant effective from 11th June 2021.

Petrochemical
Petrochemical | 11 June 2021

Equinor selling its refining business in Denmark to Klesch

Completion will, among other things, be dependent on approval by the Danish authorities.

Petrochemical
Petrochemical | 11 June 2021

Reliance announces emergency shut down of FCCU in Jamnagar refinery

The Fluidized Catalytic Cracker Unit is being repaired on top priority and is expected to be restarted expeditiously

Petrochemical
Petrochemical | 10 June 2021

GAIL Q421 PAT jumps 28% on strong petrochem biz

The petrochemical business has shown better performance with more than 100% capacity utilization.

Petrochemical
Petrochemical | 10 June 2021

Strong operating performance of Engineers India: ICICI Securities

Company invested Rs7bn for 4.3% stake in Numaligarh refinery along with Oil India Ltd.

Petrochemical
Petrochemical | 10 June 2021

Dow to build MDI distillation and prepolymers facility in Freeport, Texas

The new Freeport MDI facility will replace Dow’s current North America capacity in La Porte, Texas, and will also be capable of supplying an additional 30 percent of product to Dow’s customers

Petrochemical
Petrochemical | 10 June 2021

Eastman to sell tire additives product lines to One Rock for $800 million

The total sale price of $800 million consists of $725 million cash at closing and an additional amount of up to $75 million to be paid based on performance of the rubber additives business post-closing through 2023

Petrochemical
Petrochemical | 10 June 2021

LyondellBasell announces startup of Ulsan PP production facility

Under the joint venture agreement, PolyMirae will offtake and sell all polypropylene produced by the facility to customers throughout Asia

Petrochemical
Petrochemical | 09 June 2021

Engineers India Q4FY21 consolidated PAT declines to Rs. 24.92 Cr

The company has posted net profit of Rs.248.90 crores for the 12 months period ended March 31, 2021 as against net profit of Rs.423.81 crores for the 12 months period ended March 31, 2020.

Petrochemical
Petrochemical | 09 June 2021

Mysore Petro Chemicals Q4FY21 consolidated loss at Rs. 9.84 Cr

The company reported total income of Rs.31.90 crores during the 12 months period ended March 31, 2021

Petrochemical
Petrochemical | 09 June 2021

Nextchem join hands with Paul Wurth

The cooperation between NextChem and Paul Wurth is aimed at developing an advanced technological solution to convert natural gas into synthesis gas

Petrochemical
Petrochemical | 09 June 2021

Brightmark to build $680 million advanced plastic recycling facility in Georgia

Once complete, Brightmark’s second commercial scale plastics renewal facility will divert 400,000 tons of plastic waste each year from landfills and incinerators and convert it into 64 million gallons of ultra-low sulfur diesel fuel and naphtha blend stocks, and 20 million gallons of wax

Petrochemical
Petrochemical | 08 June 2021

IndianOil and Gujarat Government sign MoU for Rs. 24,000 Cr

LuPech project will produce import substitutes like Lube Oil Base Stock (LOBS) and polypropylene

Petrochemical
Petrochemical | 08 June 2021

Alpek acquires Carbonlite’s rPET facility for $96 million

This acquisition is fully aligned with the Fostering a Circular Economy pillar of the Company’s long-term strategic growth plan

Petrochemical
Petrochemical | 07 June 2021

PPG products protect United Launch Alliance ATLAS V 541 rocket

Aerospace sealants, coatings and adhesives helped ULA provide protection for the Atlas V 541 rocket, which aided the Perseverance rover in reaching its final destination

Petrochemical
Petrochemical | 05 June 2021

Gazprom signs multiple hi-tech cooperation agreements

Agreements were signed for creating a unified system for geotechnical monitoring of hazardous industrial facilities

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