Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 79
Petrochemical
Petrochemical | 19 June 2020

Reliance raises Rs. 168,818 Cr; Making company debt-free

Reliance Industries Limited has raised over Rs. 168,818 crore in 58 days ,making the company net debt free before original deadline of 31st March 2021.

Petrochemical
Petrochemical | 18 June 2020

Sasol to cut jobs, refocus on chemicals and energy business

Sasol has been reviewing its business as it grapples with high debt levels, falling oil and chemical prices and lower demand due to the COVID-19 pandemic.

Petrochemical
Petrochemical | 18 June 2020

Johnson Matthey wins methanol technology contract for petchem plant in Russia

The contract also includes the associated engineering, proprietary equipment and catalyst supply.

Petrochemical
Petrochemical | 18 June 2020

Ester Industries posts solid growth in quarterly as well as yearly net profits

The sales also rose by 1.03% to Rs 1038.70 crore in the year ended March 2020 as against Rs 1028.06 crore in the corresponding previous year.

Petrochemical
Petrochemical | 18 June 2020

Korea's Hanwha signs PTA supply deal with Lotte

Lotte Chemical has agreed to receive 450,000 tons of PTA products per year through Hanwha General Chemical from July of this year.

Petrochemical
Petrochemical | 17 June 2020

Sinopec starts up $6 bn Zhanjiang refinery and petchem complex

The new plant operates a 300,000 tonnage crude oil terminal and also berths that can dock vessels with capacity to carry 100,000 tonnes of refined products.

Petrochemical
Petrochemical | 17 June 2020

Axalta reports sharp decline in April and May sales

For April and May, total net sales declined in the aggregate by 48% excluding foreign exchange and divestiture impacts.

Petrochemical
Petrochemical | 17 June 2020

Saudi Aramco completes acquisition of 70% stake in Sabic for $69.1 billion

The acquisition will positions Aramco as one of the major global petrochemicals players.

Petrochemical
Petrochemical | 17 June 2020

Strata and Solvay complete joint manufacturing facility catering to aerospace industry

The 8,500 square meter SSAM facility is currently being equipped with the latest technology and machinery prior to the testing and qualifying of processes designed to supply carbon fiber prepreg materials for primary structure applications in Boeing’s 777X program.

Petrochemical
Petrochemical | 17 June 2020

Manali Petrochemicals reports drop in quarterly net profit as well as annual sales

In the year ended March 2020, the company's total income stood at INR 685.38 crore as compared to INR 708.91 crore during the corresponding year.

Petrochemical
Petrochemical | 17 June 2020

Muthukrishnan Ravi re-appointed as Managing Director of Manali Petrochemicals

In his present role, Ravi oversees the strategic direction of the company responsible for driving the long-term growth and profitability.

Petrochemical
Petrochemical | 16 June 2020

Sonatrach plans $12 billion investment in petchem, methanol and derivatives projects

The group continues to explore profitable investment opportunities at the international level, as part of its expansion policy inside and out, he stated.

Petrochemical
Petrochemical | 16 June 2020

ClearSign receives process burner order from ExxonMobil

This order is the final step in the process to showcase ClearSign Core’s NOX emissions technology.

Petrochemical
Petrochemical | 15 June 2020

Mitsubishi Chemical partners with AM Polymers on PBT powder product for 3D printing

MCC and AMP expect new PBT powder products to be used for industrial applications such as automotive and aerospace.

Petrochemical
Petrochemical | 15 June 2020

IIT-M researchers develop microwave process to produce biofuel oils

IITM said the biofuel oils with high energy values were produced from two waste products -- agricultural waste such as rice straw and bagasse and discarded plastics.

Petrochemical
Petrochemical | 15 June 2020

Berger Paints supplies antimicrobial powder coating to healthcare sector to fight COVID-19

The company has associated with various suppliers of the hospital furniture industry and are currently supplying the product in the states of Odisha, Telangana, Kerala and Andhra Pradesh.

Petrochemical
Petrochemical | 15 June 2020

BP announces impairment charges and $8-10 bn in write-offs

The strategy focusses on developing a more diversified, resilient and lower-carbon energy company, re-inventing bp into a leaner, faster-moving and lower cost organisation and strengthening its finances in response to the challenging environment.

Petrochemical
Petrochemical | 14 June 2020

Qatar Petroleum announces integration of Muntajat into QP

The integration will involve leveraging a combined set of human, technical, commercial, and financial capabilities, as well as customer relationships into the QP organization with the aim of being completed within the next few months.

Petrochemical
Petrochemical | 14 June 2020

Liquid Wind to build eMethanol facility in Sweden

The company is planning the first eMethanol facility in northern Sweden, which they expect to be operational from 2023.

Petrochemical
Petrochemical | 13 June 2020

Worley wins FEED contract for developing Avantium’s bio-based chemical plant

The plant will produce 100% plant-based FDCA (furandicarboxylic acid) – a key building block for many chemicals and plastics.

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