The joint venture company will explore exciting storage opportunities in supply networks, to help grow existing petrochemical value chains and lay the foundations for an expanded industrial cluster in Cilegon, Banten Province, Indonesia.
With this investment, RRVL has raised Rs. 37,710 crore from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA in less than four weeks.
The powder coatings plant in Chungli is expected to start operating in the third quarter of 2021.
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The long-term objective of the study is to use commercially available feedstocks today as a bridge to next-generation lignocellulosic feedstocks in the future.
Company provided its hydro-desulfurization technology to produce higher-quality BS-VI gasoline in India.
The JV will operate under the name Louisiana Integrated PolyEthylene JV LLC and the transaction is expected to close by the end of 2020.
The diesel fuel additive significantly improves the operation of any diesel engine in extreme temperatures by improving two crucial indicators of performance in diesel fuel – Cold Filter Plugging Point and Pour Point to prevent gelling and icing.
The project is proposed to be financed by available surplus cash balances and internal accruals and the tentative time frame for commissioning is about 24 months.
The Belco wet-scrubbing technology was installed at Omsk during a Fluidized Catalytic Cracking Unit (FCCU) revamp and efficiently removes process impurities from the flue gas emitted by the FCCU thus reducing air emissions well below detection limits.
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The company will use UOP Renewable Jet Fuel Process technology at its Plaju refinery in Palembang, South Sumatra, and UOP Ecofining technology at its Cilacap refinery in Central Java.
As per company's latest annual sustainability report, key focus is on three transformational areas including plastic waste, climate change, and thriving societies.
The four-way NDA signifies a commitment to a circular economy of polystyrene and serves as a basis for exploring and optimizing advanced recycling technologies for polystyrene
According to El Molla, import rates during 2020 were at 3.5 million tonnes per year, at a cost of $1.5 billion.
The notification for amendments to the Central Motor Vehicles Rules 1989, for inclusion of H-CNG as an automotive fuel has been published.
As per the partnership, GOLIL will exclusively manufacture and market S-Oil entire range of lubricants in India region.
Itochu is planning to commercially launch Japan’s first food containers and packaging materials made of Renewable PP by the end of 2020.
The agreement significantly increases the supply and availability of SAF for the aviation industry with effect from October 2020.
The refinery will focus on production of renewable diesel for the aviation industry, production of bioplastics, plastics recycling, operation of two photovoltaic solar power plants.
Company has sold its 49.99% shares in Nynas AB to Bitumina Industries Ltd for an undisclosed amount.
The capacity is proposed to be expanded initially to 46,000 MT to be completed in 18-21 months and then by another 24,000 MT thereafter.
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