Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 88
Petrochemical
Petrochemical | 17 April 2020

Chevron sells Azerbaijan assets for $1.57B

The company has sold its 9.57% interest in ACG, which had a daily net production of 20,000 barrels of oil equivalent per day in 2019. In addition, Chevron BTC Pipeline, Ltd. has completed the sale of its 8.9% interest in BTC.

Petrochemical
Petrochemical | 16 April 2020

India plans to fill strategic oil storage by the third week of May

ISPR plans to buy oil from the United Arab Emirates (UAE) and Saudi Arabia to gain from low prices

Petrochemical
Petrochemical | 16 April 2020

Stahl becomes member of the roundtable on sustainable biomaterials

As a member and Stahl can access the expertise of RSB community members all over the world as well as contribute the company’s expertise to the continuous development of the RSB’s sustainability standard

Petrochemical
Petrochemical | 15 April 2020

GP Global acquires lubricant assets of Grand Petroleum, Nigeria

The acquisition includes assets such as – lubricants brand – HiSpeed and a state-of-the-art blending plant with a capacity of about 50 000 tpy in Lagos, which includes storage tanks with a capacity of 6,000 kilolitres

Petrochemical
Petrochemical | 15 April 2020

Govt extends oil block bid deadline to June 10

"The bid submission date for India OALP Bid Round-V, offering 11 blocks for exploration and development, is extended to June 10, 2020," the Directorate General of Hydrocarbons (DGH) said in a tweet.

Petrochemical
Petrochemical | 15 April 2020

Thaioil selects Topsoe's air quality control tech for Sriracha refinery

The agreement comprises proprietary equipment and catalyst supply for Haldor Topsoe's air quality control technology SNOX

Petrochemical
Petrochemical | 15 April 2020

Pradhan reviews oil market scenario with Rosneft CEO

They discussed about the contemporary developments in the global oil market in wake of Covid19 and in context of the production cuts announced by OPEC+ countries including Russia

Petrochemical
Petrochemical | 13 April 2020

Axalta donating PPE and hand sanitizer to support Covid-19 relief efforts

Company producing thousands of gallons of hand sanitizer and providing medical supplies to hospitals, first responders, and employees in its local communities around the world

Petrochemical
Petrochemical | 13 April 2020

L&T wins EPCC contract from Indian Oil

Though the company did not specify the exact amount of the contract, as per its specification it ranges between Rs 2,500 crore and Rs 5,000 crore

Petrochemical
Petrochemical | 13 April 2020

GAIL shuts Pata petrochemical plant on demand, offtake issues

The lockdown shut factories that made plastics products and packing material using polymers produced at plants such as GAIL's Pata unit. Also, the petchem units faced labour shortage as migrant labourers returned home

Petrochemical
Petrochemical | 11 April 2020

India pitches for stable oil market, says it will remain growth engine of world

"In terms of the ongoing energy market fluctuations, Minister stated that India has always advocated for a stable oil market, which is reasonable for producers and affordable for consumers," an official statement said

Petrochemical
Petrochemical | 10 April 2020

ExxonMobil tests new technologies to reduce methane emissions

All technologies and deployment methods will be used to detect leaks and identify potential solutions that can be shared with other oil and gas operators

Petrochemical
Petrochemical | 09 April 2020

AkzoNobel partners Orange for driving digital transformation

As part of the agreement, Orange will support AkzoNobel in centralizing its IT/OT network operations, connecting and managing its entire footprint from factory to store, across all regions

Petrochemical
Petrochemical | 09 April 2020

Total enters into a joint venture with Adani Green by investing Rs 3,707 Cr

These projects are spread over 11 Indian states and have a cumulative capacity of over 2 GW

Petrochemical
Petrochemical | 09 April 2020

Lockdown to impact huge losses for Oil companies in India

Companies make inventory losses in a falling market as the cost of the inventory in the form of crude and products is higher that the prevailing prices.

Petrochemical
Petrochemical | 09 April 2020

Nouryon introduces natural polymer for sustainable sunscreen formulations

SolAmaze Natural, which is bio-based and readily biodegradable, addresses the fast-growing consumer demand for natural and clean label ingredients in personal care products

Petrochemical
Petrochemical | 09 April 2020

Unipetrol commissions new polyethylene plant

This plant represents the record-highest petrochemicals investment project ever in the Czech Republic

Petrochemical
Petrochemical | 09 April 2020

Doosan Vina delivers desalination equipment to Bapco Refinery

The delivered equipment will be responsible for heating and turning seawater into distilled water at the Bapco Refinery in the Kingdom of Bahrain

Petrochemical
Petrochemical | 08 April 2020

Henkel withdraws 2020 forecast citing coronavirus uncertainty

Impact on business performance in 2020 due to COVID-19 currently not predictable

Petrochemical
Petrochemical | 08 April 2020

BP issues force majeure notice to Golar LNG unit on floating facility

The notice is the latest force majeure claim issued in the LNG sector that is struggling with a seasonal plunge in demand as well as the spread of the coronavirus outbreak, which has further hammered the consumption of the super-chilled fuel globally

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