Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 87
Petrochemical
Petrochemical | 30 May 2020

Gulshan Polyols Q4 revenue down 20.6%

Gulshan Polyols Q4 FY2019-20 revenue from operations was down by 20.6% to Rs. 135 crore vis-a-vis Rs. 170 crore in FY 2018-19.

Petrochemical
Petrochemical | 29 May 2020

Supreme Petrochem: Domestic demand remain subdued

Supreme Petrochem's domestic demand for Polystyrene and EPS (Expandable Polystyrene) remain subdued due to lockdown while demand for other products is negligible whereas exports of Polystyrene (PS) have recently picked up.

Petrochemical
Petrochemical | 29 May 2020

Braskem cuts production of ethylene in Brazil, Polypropylene in U.S. due to lower demand

Usage rates in Brazil and the United States were temporarily reduced due to lower demand and the movement to reduce inventories in the petrochemical and plastics production chain.

Petrochemical
Petrochemical | 29 May 2020

BP licenses its PTA technology to Weilian Chemical in China

BP has entered into an agreement to license its latest generation technology for the production of purified terephthalic acid (PTA) to China’s Dongying Weilian Chemical Co., Ltd.

Petrochemical
Petrochemical | 29 May 2020

Firmenich completes acquisition of DRT

The acquisition will help make Firmenich the industry leader in renewable and sustainable ingredients.

Petrochemical
Petrochemical | 29 May 2020

CIPET renamed as Central Institute of Petrochemicals Engineering & Technology

CIPET will be in a position to fully devote for the growth of entire petrochemical sector says Gowda

Petrochemical
Petrochemical | 29 May 2020

Worley to provide EPC services for consumer plastics to BTX plant in U.S.

Worley will provide engineering, procurement, and construction (EPC) services for Encina’s consumer-plastics-to benzene-toluene-xylenes (BTX) processing plant in the U.S.

Petrochemical
Petrochemical | 29 May 2020

Global appetite for plastics key to China’s polyolefins demand growth in 2020

Wood Mackenzie projects demand growth for Chinese polyethylene and polypropylene at 3.1% and 2.8%, respectively, for 2020 compared to 2019.

Petrochemical
Petrochemical | 29 May 2020

ExxonMobil and INNIO sign long-term global lubricants collaboration agreement

Agreement marks the extension of a decades-long working relationship to co-engineer high-performance gas engine lubrication

Petrochemical
Petrochemical | 28 May 2020

BASF partners with Red Avenue New Materials Group for producing PBAT in China

Red Avenue New Materials Group to build a new plant in Shanghai with an annual capacity of 60,000 metric tons of PBAT.

Petrochemical
Petrochemical | 28 May 2020

Dow launches new post-consumer recycled plastic in Asia Pacific

The new resin is designed with 40 percent PCR content which creates a film with performance comparable to those made with virgin resins.

Petrochemical
Petrochemical | 28 May 2020

AkzoNobel launches antimicrobial additive for powder coatings

With cleanliness now on everyone’s agenda, the extra functionality offered by the inclusion of BioCote antimicrobial technology means that building interiors can now be given increased protection against microbes such as bacteria and mold – which can cause issues such as bad odors, staining or material degradation.

Petrochemical
Petrochemical | 28 May 2020

Axalta launches color retrieval software enhancement with 3D modeling

Advanced color proofing is the latest advancement in company's proprietary ColorNet software to help provides greater insight into a color's blendability and saves body shops time and money

Petrochemical
Petrochemical | 27 May 2020

Sinopec Hainan to use Hostalen ACP for HDPE plant

The process technology will be used for a 300 KTA high density polyethylene (HDPE) facility to be built in Yangpu, Hainan Province, P.R. China.

Petrochemical
Petrochemical | 27 May 2020

Lactips raises 13 million euros from Mitsubishi Chemical

This round was led by Bpifrance’s SPI (Société de Projet Industriel) fund, managed on behalf of the French Government as part of the Investments for the Future Program (PIA), and Diamond Edge Ventures (DEV), the innovation investment arm of Mitsubishi Chemical Holdings Corporation (MCHC).

Petrochemical
Petrochemical | 27 May 2020

Covestro and Neste to collaborate on using renewable raw materials for plastics production

Covestro and Neste are starting a strategic cooperation in Europe to promote the use of sustainable raw materials in plastics production.

Petrochemical
Petrochemical | 26 May 2020

Covestro launches circular economy program

The company plans to conduct numerous research projects to promote recycling.

Petrochemical
Petrochemical | 26 May 2020

Celanese files anti-dumping petition with the EU against Korea Petrochemical Industry Co

Celanese Corporation, a global chemical and specialty materials company, today announces it has filed a petition with the European Commission’s Directorate-General For Trade seeking Anti-Dumping duties on imports of Ultra-High Molecular Weight Polyethylene (UHMWPE) from Korea Petrochemical Industry Co., Ltd. (KPIC) of Seoul, South Korea, into the European Union.

Petrochemical
Petrochemical | 26 May 2020

COVID-19: 25% profit impact for Kothari Petrochemicals

The company has been meeting all its financial and contractual obligations so far. Further, the company is also evaluating the effectiveness of “Forward Contract” in its foreign currency transactions due to volatility in the currency rates especially in US dollar to rupees.

Petrochemical
Petrochemical | 26 May 2020

Asian Paints transfers Rs. 40 Cr to contractors

The company has also launched a ‘Safe Painting’ campaign for ensuring safety of painters and assurance to customers for a safe painting experience at home.

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