Through their collaboration, Neste and LyondellBasell are jointly contributing to the development of the European market for more sustainable polymers and chemicals solutions
Worley is providing engineering to implement the Axens North America renewable jet and diesel technology at the Riverbank site
Recycled ocean and ocean-bound plastics are those recovered from the ocean, waterways, and ocean-bound collection zones within 50 km of a coastline
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
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
The combined solution of both technologies brings outstanding advantages for the gasoline and the petrochemical segments
Company has taken charge of the plant effective from 11th June 2021.
Completion will, among other things, be dependent on approval by the Danish authorities.
The Fluidized Catalytic Cracker Unit is being repaired on top priority and is expected to be restarted expeditiously
The petrochemical business has shown better performance with more than 100% capacity utilization.
Company invested Rs7bn for 4.3% stake in Numaligarh refinery along with Oil India Ltd.
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
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
Under the joint venture agreement, PolyMirae will offtake and sell all polypropylene produced by the facility to customers throughout Asia
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.
The company reported total income of Rs.31.90 crores during the 12 months period ended March 31, 2021
The cooperation between NextChem and Paul Wurth is aimed at developing an advanced technological solution to convert natural gas into synthesis gas
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
LuPech project will produce import substitutes like Lube Oil Base Stock (LOBS) and polypropylene
This acquisition is fully aligned with the Fostering a Circular Economy pillar of the Company’s long-term strategic growth plan
Subscribe to our newsletter & stay updated.
