Alkylation unit's start-up is targeted for 2023 at Hengyi Industries refinery in Brunei.
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Global supply chain reorganization is likely to spur demand for specialty chemicals out of India in the coming decade, which in turn will drive demand for petrochemicals.
Following commissioning, both refineries will have a capacity of 800,000 barrels per day to meet local and international demand for clean fuels.
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Gevo will license its technology and Praj will provide technology, plant equipment and EPC services to sugar mills and ethanol plants to produce renewable isobutanol from 1G feedstock (cane juice, cane molasses, sugar syrup, etc.) and 2G feedstock (cellulosic biomass like straws, bagasse, etc.)
The annual production capacity of the new plant is 120,000,000 kiloliters per year.
The new CDTaee unit will not only help Hellenic meet its biofuel requirements in Greece, but also resolve blending constraints and produce a high-octane gasoline-blending component, TAEE (Tertiary Amyl Ethyl Ether).
Deal is for a 10-year period covering maintenance services for gas turbines of ETHYDCO’s petrochemical complex in Alexandria.
The Amur GCC, with investments of up to $11 billion, is set to start producing 2.3 million tonnes of polyethylene and 400,000 tonnes of polypropylene per year beginning in 2024-2025.
The 1.8 million tonnes a year full steam ethylene cracker and linked downstream units to be build at Vadinar in western Gujarat state would cost $8 billion-$9 billion and would be completed in five years.
Profit before tax dropped during the quarter leading to loss of Rs. 1.18 crore.
Net revenue for Q1 FY 2020-21 is down by 45% to reach Rs. 241.17 crore.
Both parties will jointly develop, sell and supply a product line of best in class ultra low NOx burners for the global oil processing and petrochemical industries.
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The renewable diesel will be sourced from a refinery acquired by Global Clean Energy in Bakersfield, California
Capacity expansion will come on-stream during August.
Revenue from operations recorded a dip at Rs 14,073 crore during the 2019-20 fiscal, compared with Rs 18,511 crore in the previous year.
The country plans to launch 17 petrochemical projects by the end of the current Iranian calendar year, which ends on March 20, 2021.
The company said that the crude throughput for the quarter was significantly lower due to lower demand for petroleum products on account of Covid-19 pandemic.
Acquisition will help meet the growing demand for alkoxylates in the APAC market, especially in China.
With a planned capacity of 7,200 metric tons per day (m.t./d), the methanol plant will be the largest single train methanol plant in the world once completed.
The simplified guidelines aim at increasing private sector participation in the marketing of petrol and diesel.
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