Petrochemical | 24 June 2020
Asian Paints annual earning grows despite a weak last quarter
Sales rose 5.05% to Rs 20211.25 crore as against Rs 19240.13 crore in 2019.
Sales rose 5.05% to Rs 20211.25 crore as against Rs 19240.13 crore in 2019.
Sales down by 20% across April and May with similar demand trend seen for June as well.
The JM designed methanol production plant takes syngas as a feed and combines advanced JM catalysts to produce stabilized methanol as a product, which is used to produce olefins in a downstream unit.
The name change represents Hitachi Chemical's determination of opening its new chapter as a consolidated subsidiary of SDK.
Polypropylene capacity in Asia is expected to increase from 47.25 million tpy in 2019 to 78.04 million tpy in 2024, at an average annual growth rate (AAGR) of 10%.
Use of the technology has the potential to be part of bp’s aim to install methane measurement at all major oil and gas processing sites by 2023, publish the data and then drive a 50% reduction in methane intensity of its operations.
.jpg)
The process technology will be used for a 450 KTA polypropylene plant to be built in Panipat, Haryana State, India.
Operators need to have forward-looking transparency into vendor financial health to mitigate supplier distress
The bonds come in two parts of €500 million each.
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.
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.
The contract also includes the associated engineering, proprietary equipment and catalyst supply.
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.
Lotte Chemical has agreed to receive 450,000 tons of PTA products per year through Hanwha General Chemical from July of this year.
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.
For April and May, total net sales declined in the aggregate by 48% excluding foreign exchange and divestiture impacts.
The acquisition will positions Aramco as one of the major global petrochemicals players.
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.
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.
In his present role, Ravi oversees the strategic direction of the company responsible for driving the long-term growth and profitability.
Subscribe To Our Newsletter & Stay Updated
_195_291.jpg)
