Second renewable fuels production unit scheduled to go on stream in 2021
As per the deal, Univation will provide PE Process technology for three world-scale PE reactor lines for Amur GCC project in Russia
Company registered a net profit of Rs. 35.84 crore in the second quarter of current fiscal as against a loss of Rs. 574.45 crore in the corresponding period of the previous year.
The increase in revenue was primarily due to higher price realizations in the O2C segment, strong recovery in Retail operations and sustained subscriber addition with improvement in ARPU in Digital services business.
Construction of the near 100,000 metric ton plant will take place in a phased manner, and once commissioned, this would be the single largest site capacity for CPVC resin production globally.
As per the deal, Huntsman will receive approximately 90% of the cash consideration at closing and balance approximately 10% under an earnout within 18 months if the business achieves sales revenue in-line with 2019.
Price of ethanol from sugar has been increased to Rs.62.25 per litre. Ethanol derived from C heavy molasses and B heavy molasses will be priced at Rs.45.69 per litre and Rs.57.61 per litre, respectively.
Following the success of an initial smaller-scale trial using Agilyx’s molecular recycling technology, LI, with the support of parent company, Mitsubishi Chemical Corporation (MCC), will further advance its collaboration with Agilyx to deliver fully circular PMMA.
Company's net jumped by 139% YoY and stood at Rs.86.15 crores in Q1 FY21.
DGTR has recommended to increase the rate of customs duty on Polybutadiene Rubber, excluding its titanium and lithium grades, originating in Korea for two years in order to safeguard the domestic industry from significant jump in import of the product.
This development broadens INOVYN’s production network across Europe and strengthens its long-term growth strategy to improve the circular economy with BIOVYN, offering customers an even broader range of choice of bio-attributed PVC grades and copolymers.
As the Chair Professor Prof. Dash will conduct and promote research study in the area of Customer Care, build a systematic body of knowledge and establish a world class customer care centre under his leadership.
Around 45 CEOs of major global Oil and Gas companies will attend the event this year as India is an important player in the global Oil and Gas sector being the 3rd largest consumer of crude oil and the 4th largest LNG importer.
The company's net profit stood at Rs. 830.37 crore in second quarter of the current fiscal.
Isoamylene is predominately used in a diverse set of applications, including resins, pesticides, flavors and fragrances, pharmaceuticals, healthcare products, adhesives, antioxidants, and UV stabilizers.
As per the company, all its products designed for foodservice and food packaging applications will contain 25 percent recycled content by 2030.
The new production line at the Celanese Bishop manufacturing facility is expected to add approximately 15kt per year of GUR product capacity by the start of 2022.
Located 90 meters below ground, the storage volume of the new cavern enables Borealis to source feedstock from various sources and markets.
A joint project involving these three companies has been awarded a £3.1m grant from UK Research and Innovation (UKRI) to develop chemical recycling by combining the expertise of these global leaders in their respective business areas to make hard-to-recycle plastic packaging recyclable.
The sale of its expandable styrenics business is an important step in Nova Chemicals’ plan to focus on its olefin and polyethylene business, which includes additional investments to advance a global circular economy for plastic.
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