Phillips Carbon Black Limited has today i.e., 12th October, 2020 subscribed to 10,000 equity shares of Rs. 10/- each, of the wholly owned subsidiary, PCBL (TN) Limited, for a total consideration of Rs. 100,000.
The capacity expansion is expected to reach full completion by the second half of 2022.
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Company has introduced three new PolyRenew products to help customers in the U.S. and Latin America reach their sustainability goals.
Company has invited global bids for setting up a coal to methanol plant and Dankuni Coal Complex in West Bengal is identified as the project site for the proposed plant.
Company has sold its energy business unit to Inspirit Capital, a London-based investment firm and the transaction is expected to complete on or before the 31st October 2020 and is not subject to any formal regulatory or other approvals.
All flooring coating systems are designed for durability, ease of installation and low volatile organic compounds (VOCs).
The company is delivering a 220/66-kilovolt (kV) substation to assimilate power from the state grid and deliver it smoothly and efficiently to the Barmer refinery.
Crédit Agricole Leasing Italia financed a leasing plan from NextChem to purchase innovative equipment and machinery aimed at further increasing the production performance of the entire Upcycling process.
Successful demonstration paves way for new product range, Marlex Anew circular polyethylene.
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.
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