Petrochemical | 31 July 2021
IndianOil posts Q1FY 2021-22 net at Rs Rs 5,941 Cr
The gross refining margin (GRM) during the first quarter of FY 2021-22 is $6.58 per bbl.
The gross refining margin (GRM) during the first quarter of FY 2021-22 is $6.58 per bbl.
The company announced the launch of a $2 billion share buyback program that it aims to complete by the end of the year.
The Novolen plant will produce 1,000 KTA of polypropylene homopolymers, random copolymers, and impact copolymers
Thai oil will now acquire a 15% stake and SCG Chemicals retains approximately 30.57% in Chandra Asri
Bio-propanol offers the potential to reduce greenhouse gas emissions by 65 to 75% compared to fossil fuels
It posted net loss of Rs.(7.01) crores for the period ended June 30, 2020.
Under the agreement, Nouryon will license its innovative Continuous Initiator Dosing (CiD) technology to Beiyuan, and will supply its Trigonox 187 proprietary CiD initiator
The government has given approval for establishing two additional commercial-cum-strategic facilities with total storage capacity of 6.5 MMT underground storages at Chandikhol and Padur on PPP mode
The joint venture will produce methanol synthesis catalysts for the Chinese market
The process technology will be used for a 200 KTA ethylene vinyl acetate copolymer (EVA) and low-density polyethylene (LDPE) line to produce EVA products with vinyl acetate comonomer
The scope of work entails complete engineering services, equipment and material supply, installation and construction activities
The company has posted net profit of Rs.269.90 crores for the period ended June 30, 2020.
AkzoNobel targets to grow at least in line with its relevant markets.
The company posted net loss of Rs.(77.63) crores for the period ended June 30, 2020.
The company has posted net profit of Rs.218.45 crores for the period ended June 30, 2020.
Supreme Petrochem reported total income of Rs.1055.97 crores during the period ended June 30, 2021
SARBEC Laboratories and LyondellBasell have designed a PE bottle linked to renewable materials with a Carbon footprint reduction up to 75% versus fossil-based PE plastics
Project's scope includes license technology rights, basic design engineering package (BDEP), module detailed engineering design and full procurement of main equipment
The plant will increase production capacity of Topsoe’s TK catalyst family to meet increasing demand, both in traditional refining and for use with Topsoe’s HydroFlex technology for production of renewable diesel and jet fuel
The divestment is part of Shell's strategy to reduce its global refinery footprint
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