Petrochemical | 21 March 2018
Indorama Ventures to acquire M&G PET plant in Brazil
Acquisition to significantly advance Indorama’s strategy in its necessities business
Acquisition to significantly advance Indorama’s strategy in its necessities business
Brenntag and Raj Petro have entered into a 65:35 JV with the remaining 35% in Raj Petro to be acquired after 5 years during which the company will be run as a JV, with a possible extension of another one to two years
The new complex, with a planned refining capacity of 15 mmpta, will come up in Tuban in East Java, Indonesia, at an investment of US$ 15 billion
Ministry of Petroleum and Natural Gas organises consultative workshop on new National Policy on Biofuels and Pradhan Mantri Ji- Van Yojana
A contingent amount of up to $11.25 million may be paid to Reliance between years 2018 to 2020 based on certain gas price thresholds being achieved
Eyes 60 million tons of Petrochemical production by March 2018 after surpassing the 50 million-ton mark last fiscal
Net sales reported at Rs. 277.38 crores for the six months period ending September 30, 2017
The plant has the capability of being expanded to 1,500 KTA
JG Summit’s petrochemical complex expansion project will be completed by the end of 2020
The move seen as the next step in creating a leading position for customer solutions in films as the acquisition brings 8 production assets in the US, Europe and China, and a global innovation centre in the UK.
The kingdom’s Saudi Vision 2030 presents number of opportunity in the country’s burgeoning chemical sector
Saudi Arabian and Indian companies can jointly unlock enormous new growth opportunities, and boost bilateral trade and relations as part of efforts to achieve long term economic and development goals.
Saudi Aramco marked another significant milestone in its international portfolio expansion with the opening of Aramco Asia India’s new office in New Delhi recently.
Reliance Industries Ltd (RIL) has entered into an agreements to sell its entire stakes in the Marcellus Shale Play in north-eastern and central Pennsylvania.
INEOS has completed acquisition of the Oil & Gas Business from DONG Energy. This acquisition places INEOS among the top 10 such companies in the North Sea.
OXY has lowered its earnings from chemical segment to US$60 million due to the impacts of Hurricane Harvey
This is the company's third facility in China, strategically located to serve the region's growing automotive market.
Reliance Industries Limited (RIL) has successfully commissioned the first phase of Para-xylene (PX) plant at Jamnagar, Gujarat. The plant with capacity of 2.2 MMTPA
AkzoNobel has inaugurated the first-of-its-kind Specialty Coatings production facility and colour laboratory in Noida, Uttar Pradesh, India.
JX Nippon Oil & Energy Corporation launched Front End Engineering Design for Polyisobutylene (PIB) plant expansion.
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