The plant will focus on manufacturing rubber black which is used in tyres and also on specialty black.
Both organizations will come together to explore the scope for the first- commercial large-scale facility of its kind in the UK.
While reviewing the performance of CPSEs, the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman said that Capex by CPSEs is a critical driver of economic growth and need to be scaled up for the FY 2020-21 and FY 2021-22.
OMPL, a subsidiary of MRPL, is a joint venture between ONGC and MRPL and the acquisition is subject to customary consents and approvals.
MCC has sold its polymer flocculant business to Japan based MT AquaPolymer, Inc. and Hymo Corp.
Lummus’ Green Circle will be the exclusive licensing party for this technology and will be responsible for providing studies, basic engineering, technical services, and proprietary equipment as part of the technology transfer package.
Completion is subject to regulatory approvals and expected before the end of Q1, 2021.
The company has reported total income of Rs.665.37 crores during the period ended September 30, 2020 as compared to Rs.868.61 crores during the period ended September 30, 2019.
The facility, built in one year, is capable of producing 20,000 metric tons per year of rubber bitumen.
Company has allotted 1000 units of commercial paper of Rs. 5,00,000/- each, aggregating to Rs.50 crores at a discount rate of 4.75% p.a.
This strategic partnership aligns with ELC’s sustainable packaging goals, which includes increasing the amount of post-consumer recycled (PCR) material in its packaging by up to 50% by 2025.
The certification was issued for three material families manufactured at three European sites: polystyrene from Tessenderlo, Belgium, polycarbonate produced in Stade, Germany and synthetic rubber from Schkopau, Germany.
The global polyvinyl chloride (PVC) capacity is poised to see considerable growth by 2024, potentially increasing from 56.13 million tpy in 2019 to 65.60 million tpy in 2024, registering a total growth of 17%.
The transaction is subject to customary closing conditions, including required regulatory approvals. Closing is expected in first half 2021.
This piece of equipment plays a crucial role in the manufacture of eco-friendly rubber process oils (RPOs) for the tire and rubber sectors.
Window manufacturers can now make their production process more efficient and sustainable with a new instant drying solution from AkzoNobel.
Indian chemical industry to grow to US$ 300 billion by 2025
The new orders reinforces the company's commitment of producing and supplying high quality products and establishing themselves as a formidable player.
Members of SCS delivered the proof of concept that mechanically recycled polystyrene can serve as a drop-in solution in form, fill and seal (FFS) production lines.
The endorsers are urging for a UN treaty that harmonizes the complex landscape of regulatory standards, establishes common metrics and methodologies, mandates the development of national targets and action plans, and supports innovation and infrastructure development to create a level playing field across the plastic value chain.
Subscribe To Our Newsletter & Stay Updated
