Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 69
Petrochemical
Petrochemical | 19 January 2021

Samvardhana Motherson to acquire stake in Plast Met Group

SMR will acquire 75% stake and thus will enter into a partnership with the founder of Plast Met.

Petrochemical
Petrochemical | 18 January 2021

Captain Polyplast announces capacity augmentation at Kurnool plant

The company has commissioned 2 lines of PVC pipe and 1 line of HDPE/Sprinkler pipe.

Petrochemical
Petrochemical | 18 January 2021

Plastiblends India reduces borrowings by approx. Rs 100 crores in last three years

The company registered a net profit of Rs. 11.37 crore in Q3FY21

Petrochemical
Petrochemical | 16 January 2021

Avient to expand color concentrates manufacturing in Vietnam

With the expansion, Avient will also improve lead times for color matching locally.

Petrochemical
Petrochemical | 15 January 2021

Indigo Paints to open its IPO on January 20, 2021

Indigo Paints proposes to utilise the net proceeds towards funding capital expenditure for expansion of its existing manufacturing facility at Pudukkottai, Tamil Nadu by setting-up an additional unit adjacent to the existing facility and more.

Petrochemical
Petrochemical | 15 January 2021

Borealis and TOMRA open plant for post-consumer plastic waste sorting and mechanical recycling

The purpose of this demo plant is to generate material for brand owners and converters to qualify, validate and prove fit for use in their highly demanding applications.

Petrochemical
Petrochemical | 14 January 2021

Hengli Petrochemical deploys Honeywell's low emission burner technology

Hengli successfully used Callidus burner technology from Honeywell UOP to minimize nitrogen oxide (NOx) and carbon monoxide (CO) emissions in China, and reduce the impact of these emissions while ensuring safe and stable operations

Petrochemical
Petrochemical | 13 January 2021

Sasol divests its stake in Gemini HDPE

The divestment consolidates 100 percent of Gemini ownership and all marketing under INEOS.

Petrochemical
Petrochemical | 12 January 2021

Gadkari to launch non-toxic wall paint developed by KVIC

Khadi Prakritik Paint is available in two forms – distemper paint and plastic emulsion paint. Emulsion paint meets BIS 15489:2013 standards whereas Distemper paint meets BIS 428:2013 standards.

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.

Startups

Chemical

Energy

Digitization