Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 64
Petrochemical
Petrochemical | 11 January 2021

Vinyoflex Q3FY21 net profit climbs to Rs. 1.01 crore

The company has posted net profit of Rs.1.43 crores for the 9 months period ended December 31, 2020.

Petrochemical
Petrochemical | 11 January 2021

INEOS acquires BP’s global aromatics & acetyls business

The businesses will be known as INEOS Acetyls and INEOS Aromatics.

Petrochemical
Petrochemical | 11 January 2021

PPG to acquire coatings manufacturer VersaFlex

The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions.

Petrochemical
Petrochemical | 09 January 2021

MISC receives delivery of its 2nd VLEC from Samsung Heavy Industries

Purchased by MISC in July 2020, this VLEC is the second of the six contracted VLECs, purpose-built for longterm charter to Zhejiang Satellite Petrochemical Co. Ltd. (STL).

Petrochemical
Petrochemical | 09 January 2021

US witnesses 3.8% growth in production of plastic resins in Nov 2020

Sales and captive (internal) use of major plastic resins totaled 7.4 billion pounds during November 2020.

Petrochemical
Petrochemical | 09 January 2021

BASF releases ‘Color Report 2020’ for automotive OEM coatings

Diverse shades like blue and yellow are making gains in some regions, while red and violet are slowly cutting the lead held by the achromatic colors in other parts of the world.

Petrochemical
Petrochemical | 09 January 2021

BASF increases prices for its Formulation Additives globally

BASF is increasing prices globally for a large part of its Formulation Additives for paint and coatings industry .

Petrochemical
Petrochemical | 08 January 2021

PPG to acquire coatings manufacturer VersaFlex

he transaction is expected to close in the first quarter of 2021

Petrochemical
Petrochemical | 08 January 2021

Equipolymers launches new food-grade PET ‘Viridis 30’

Viridis 30 is a strong example of EQUATE’s commitment to innovation.

Petrochemical
Petrochemical | 08 January 2021

PPG and Tikkurila agree on revised offer

The increased offer price was due to Tikkurila’s receipt of a proposal regarding a competing offer.

Petrochemical
Petrochemical | 07 January 2021

Evonik buys polymers business from Durect Corp

The Lactel business will complement Evonik’s own Resomer line of polymers, both being among the most preferred brands of standard and custom PLGA polymers.

Petrochemical
Petrochemical | 06 January 2021

India may impose anti-subsidy duty on imports of SBR from South Korea

The Authority concluded that since the SBR exported to India from South Korea is subsidized, the domestic industry has suffered material injury.

Petrochemical
Petrochemical | 05 January 2021

Uptick in PVC prices continue unabated: ICICI Securities

Global supply shortage pushes PVC prices to new highs with another hike of Rs4/kg.

Petrochemical
Petrochemical | 05 January 2021

MRPL increases stake in OMPL to 99.9998%

ONGC transferred 124,66,53,746 shares of OMPL to MRPL's demat Account on 01/01/2021

Petrochemical
Petrochemical | 05 January 2021

Indian Acrylics registers 25% YoY increase in sales during Q3FY21

Sale of fibre and yarn during December 2020 has increased by 19 per cent to around Rs.64.02 crore.

Petrochemical
Petrochemical | 05 January 2021

L&T Hydrocarbon bags Rs 7000 + crore EPCC contract for PFCC unit from HRRL

The PFCC will convert the heavy hydrocarbons from the Vacuum Distillation Unit to produce more valuable gasoline, diesel, propylene and lighter products by the process of catalytic cracking.

Petrochemical
Petrochemical | 04 January 2021

Tamot Plastic Park in MP and Paradeep Park in Odisha achieves 100% progress

Under the scheme, the Government of India provides grant funding up to 50% of the project cost, subject to a ceiling of Rs. 40 crore per Plastic Park project.

Petrochemical
Petrochemical | 04 January 2021

Kansai Nerolac Paints to invest Rs. 14.33 cr in Bangladesh

The equity contribution of Kansai Nerolac Paints Limited in the further issue of shares by the Bangladesh subsidiary is BDT 165 million i.e. around Rs. 14.33 crores.

Petrochemical
Petrochemical | 31 December 2020

Jindal Poly Films CEO Animesh Banerjee resigns

Animesh Banerjee has tendered his resignation from the post of Chief Executive Officer (CEO) of Jindal Poly Films Limited due to personal reasons.

Petrochemical
Petrochemical | 31 December 2020

Welspun receives Rs. 418 Cr order from Saudi Aramco

Welspun Corp Limited (WCL), a preferred supplier of line pipes in the world has received Rs. 418 crores order from Saudi Aramco.

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