kemicalinfo Tata Chemicals Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 21.7% to Rs 268.02 crores ($35.8 million) for the period ended September 30, 2021 as against net profit of Rs 342.33 crores ($45.7 million) for the previous … Read more
Balaji Amines Ltd., an orgnanic amine chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 12% to Rs 79.75 crores ($10.7 million) for the period ended September 30, 2021 as against net profit of Rs 90.38 crores ($12.1 million) for … Read more
Deepak Nitrite Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 16% to Rs 254.34 crores ($34 million) for the period ended September 30, 2021 as against net profit of Rs 302.63 crores ($40.4 million) for the previous … Read more
Meghmani Organics Ltd., a agrochemicals and pigments manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 4.8% to Rs 65.26 crores ($8.7 million) for the period ended September 30, 2021 as against net profit of Rs 68.57 crores ($9.1 million) for … Read more
Meghmani Finechem Ltd., a Chlor-Alkali manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 27.2% to Rs 47.01 crores ($6.3 million) for the period ended September 30, 2021 as against net profit of Rs 36.95 crores ($4.9 million) for the previous … Read more
Lotte Chemical Corp. announced that its board approved capital expenditure for its planned integrated petrochemical facility (IPF) in Cilegon, Indonesia. Lotte Chemical said in a disclosure that its board approved a recapitalization scheme of 1.4 trillion won ($1.2 billion) through purchase of rights offering from Indonesia, PT Lotte Chemical Indonesia, to fund a massive petrochemical … Read more
Mangalam Organics Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 49% to Rs 22.31 crores ($3 million) for the period ended September 30, 2021 as against net profit of Rs 14.98 crores ($2 million) for the previous … Read more
SRF Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 3.3% to Rs 382.45 crores ($50.9 million) for the period ended September 30, 2021 as against net profit of Rs 395.28 crores ($52.6 million) for the previous quarter. … Read more
GAIL (India) will build India’s largest green hydrogen plant in the next 12-14 months, as it looks to supplement its natural gas business with carbon-free fuel. Speaking at the India Energy Forum by CERAWeek, GAIL CMD Manoj Jain said the company is looking at building a 10-megawatt (MW) electrolyzer capable of generating 4.5 tonnes of … Read more
Saudi Arabia announced its key focus of Jafurah development natural-gas projects would be on manufacturing blue hydrogen, as it steps up efforts to transit to green-energy. A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen, according to Energy Minister Abdulaziz bin Salman. The fuel is made by … Read more
GAIL (India) Limited has selected Lummus Technology’s CATOFIN process and Clariant’s tailor-made catalysts for India’s first PDH (propane dehydrogenation) plant. This will be Lummus Technology, and its catalysts partner, Clariant Catalyts’ another major contract award in India that will expand their global share of the PDH market. This upcoming 500,000 metric tons per year PDH … Read more
French industrial gas manufacturer, Air Liquide increased its total stake in H2V Normandy to 100%, of which it previously held 40%. Renamed Air Liquide Normand’Hy, this company aims to build a large-scale electrolyzer of at least 200 MW for the production of renewable hydrogen in France. This strategic investment will support the development of a … Read more
Asian Paints Ltd., a paints and coatings manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 4.8% to Rs 595.96 crores ($79.7 million) for the period ended September 30, 2021 as against net profit of Rs 568.5 crores ($76 million) for … Read more
Rallis India Ltd., a agrochemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQThe company’s net profit dropped 31.4% to Rs 56.49 crores ($7.6 million) for the period ended Sep-tember 30, 2021 as against net profit of Rs 82.34 crores ($11 million) for the previous quarter. … Read more
Rama Phosphates Ltd has received approval from Rajasthan State Pollution Control Board to operate manufacturing of the products with increased capacities at Udaipur unit in Rajasthan. The existing capacity of 181,000 MTPA single super phosphates has been increased to 250,000 MTPA with additional capacity of 69,000 MTPA. The capacity of granulated single super phosphate has … Read more
Navin Fluorine International Ltd., a fluorochemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 13.1% to Rs 63.22 crores ($8.4 million) for the period ended September 30, 2021 as against net profit of Rs 55.91 crores ($7.4 million) for the … Read more
DCM Shriram Ltd., a chlor-alkali and chloro-vinyl manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQThe company’s net profit grew 0.2% to Rs 157.87 crores ($21 million) for the period ended September 30, 2021 as against net profit of Rs 157.5 crores ($21 million) for the … Read more
Repsol announced its hydrogen strategy up to 2030, with the aim of becoming the market leader in the Iberian Peninsula and positioning the company as a relevant producer in Europe. The company has announced investments in the entire hydrogen value chain that will reach €2.549 billion ($2.97 billion) by 2030. Renewable hydrogen is one of … Read more
INEOS announced Monday it was investing more than €2 billion ($2.3 billion) into electrolysis projects to make zero carbon, green hydrogen across Europe. The company intends to build its first plants in Norway, Germany and Belgium over the next 10 years, with investment also planned for plants in the UK and France. INEOS, through its … Read more
Energy companies Octopus Energy and Renewable Energy Systems have joined forces to spend 3 billion pounds ($4.1 billion) by 2030 to build hydrogen plants across the U.K. Octopus Renewables, part of the generation arm of the renewable energy retailer, and renewables developer RES will combine their expertise and capital to develop, own and operate the … Read more