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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.

Petrochemical
Petrochemical | 30 December 2020

IGPL starts commercial production at Taloja

I G Petrochemicals Limited (IGPL) has commenced the commercial production of its new brownfield manufacturing facility (PA–4 Plant) at Taloja Industrial Area, Maharashtra.

Petrochemical
Petrochemical | 29 December 2020

Plastics recycling market to reach $53.72 bn by end-2023: Naidu

The plastics recycling market in India is estimated to grow at a rate of 6.5% to attain a market size of US $53.72 billion by the end of 2023

Petrochemical
Petrochemical | 22 December 2020

Shell expects write down of upto $4.5 billion

The chemicals manufacturing plant utilisation is expected to be between 77% and 81%.

Petrochemical
Petrochemical | 22 December 2020

India to modify anti-dumping duty on PTFE imports from Russia

Anti-dumping duty in respect of imports fromRussia is required to be modified in view of changed margin of dumping.

Petrochemical
Petrochemical | 20 December 2020

AkzoNobel discovers sustainable paints and coating technology

The new process uses bio-based monomers to make the resins, rather than the traditional oil-based

Petrochemical
Petrochemical | 19 December 2020

Lummus, CLG receive multiple technology contracts from Pertamina-Rosneft JV

Once complete, the olefins complex will be largest liquefied petroleum gas steam cracker in the world and highly integrated with the refinery to maximize propylene.

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