The company will be acquiring 70% of the share capital of Tenax India for cash consideration of approx. Rs. 80 crore
With the investment, DSM will enhance the site to produce the next generation of advanced materials, including polyamides and bio-based thermoplastics
Based on the Mitsubishi Chemical Holdings (MCHC) Group’s KAITEKI Vision 30, MCC makes the circular economy a key element, and plastics recycling is an important initiative within this basic policy
ENOC Group has signed an agreement with Idemitsu for the supply and distribution of lubricants in the UAE and neighbouring countries.
Honeywell UOP aromatics derivatives processes position PKN to grow in petrochemicals markets
GAIL has planned a capex of Rs 45,000 to Rs 50,000 crore in laying pipelines, Rs 10,000 crore petrochemical capacity expansion and another Rs 40,000 crore for city gas distribution (CGD) business
The company primarily serve the coatings, plastics, inks and cosmetics markets
Project is expected to be completed in 2022 and will enable the Dalma Gas Development project to produce around 340 million standard cubic feet per day of natural gas.
This will be company's second blending plant in the country and will manufacture specialty value-added products in addition to the automotive and industrial lubricants catering to the entire value chain
The Hoop project is a joint venture with Italian engineering company Servizi di Ricerche e Sviluppo (S.R.S.), and will use pyrolysis technology to transform mixed plastic waste into feedstock for new polymers
Together they have developed a range of new Polyethylene grades that mirror INEOS virgin grades and perfectly fit injection molding and compression molding machines.
The funds will be used to purchase medical supplies and provide care and support for front-line doctors and medical workers, and for meeting the specific needs for epidemic prevention.
Under this license, the plant will be built at Huayi’s integrated petrochemical complex in Qinzhou Port, P.R. China with an annual butanol capacity of 300,000 metric tons per year (m.t./yr).
Italian energy transition company NextChem has teamed up with US Saola Energy to license technology for the production of renewable diesel from vegetable oils and residual fats.
Oil and gas company Kosmos Energy, along with its partners, has signed an LNG supply deal with a subsidiary of BP for volumes from the Greater Tortue Ahmeyim Phase 1 project.
The pilot project will introduce a more sustainable alternative to the linear economic model, reducing plastic waste, maximizing its value and enhancing resource efficiency.
Linde today announced it has started up a new air separation unit (ASU) in Freeport, Texas, as part of a long-term agreement to supply MEGlobal's new ethylene glycol (EG) plant in Oyster Creek, Texas
The agreement supports INEOS’ plans to make a range of plastics with significantly reduced greenhouse gas emissions.
BP announced today that Tufan Erginbilgic, chief executive of BP’s Downstream segment, has decided to leave the company at the end of March 2020.
The divestment is another important step in Wood’s portfolio rationalisation strategy and follows the planned sale of the company’s nuclear business, which was announced in August 2019 and is expected to complete in Q1 2020. Cash proceeds from the disposals will be used to reduce debt.
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