SRF Limited has revealed plans to establish a new and dedicated INR 2.5 billion facility for producing advanced intermediates for agrochemicals at Dahej in Gujarat to meet the demand. The Indian industrial and specialty intermediates manufacturer said that its board of directors has approved the investment. According to SRF Limited, the advanced intermediates plant will … Read more
South Korean petrochemical producer LG Chem will ship its first bio-based phenol and acetone to a German renewable polymer producer. LG Chem will export 4,000 tons of phenol and 1,200 tons of acetone, totaling 5,200 tons, and this is the largest volume of ISCC PLUS certified product ever exported from South Korea. Phenol is the … Read more
BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana. With this third step of its multiphase capacity expansion, BASF will increase production capacity to 600,000 metric tons per year by the middle of the decade and support the … Read more
BASF India Ltd., completed the installation and start-up of a state-of-the-art acrylic dispersions production line in Dahej, India, serving the coatings, construction, adhesives, and paper industries for the South Asian markets. BASF began production of polymer dispersions in Dahej, India in October 2014, and this additional production line will almost double its capacity. BASF is … Read more
Birla Carbon, one of the leading manufacturers and suppliers of high-quality carbon black solutions, has announced the formal adoption of a Green Finance Framework. The framework outlines the criteria and provides guidelines for Birla Carbon to finance eligible Green Projects through Green Loans or Bonds. This move comes in continuation of the business’ decarbonization drive … Read more
Gujarat Alkalies and Chemicals (GACL) entered into an agreement with NTPC RE to mutually explore the opportunities for setting up India’s first commercial-scale green ammonia and green methanol project. NTPC REL (NTPC Renewable Energy) is a subsidiary of state-run power Genco NTPC, while GACL, a Gujarat government PSU, is engaged in the production of industrial … Read more
3M said on Wednesday it reached an agreement with the Belgian government to spend more than €571 million ($582 million) to carry out previously agreed PFAS-related remedial actions to address legacy manufacturing and disposal of the so-called “forever chemicals.” The agreement contains certain provisions ending current litigation and provides certain releases of liability for 3M … Read more
BASF and THOR GmbH are combining their expertise in non-halogenated flame retardant additives to provide customers with a comprehensive solution that will enhance the sustainability and performance for specific plastic compounds, as well as meet stringent fire safety requirements. Flame retardancy is an essential element for plastic components or composites which are commonly used in … Read more
Gujarat Alkalies and Chemicals has received approval from board of directors for setting up of an 30,000 TPA Chlorotoluenes Project at Dahej at an estimated cost of Rs 3.5 billion. This Project, when implemented, within 24 months from the commencement of engineering, would help the Company in consistently fulfilling the needs of its customers for … Read more
Tata Chemicals Europe (TCE) has opened what is described as the UK’s first and largest industrial scale carbon capture and usage plant. The Northwich-based producer of sodium carbonate, salt and sodium bicarbonate has invested nearly £20 million in the project which was also supported by a £4.2 million BEIS grant. The plant is predicted to … Read more
ChemOne Group announced that it expects to start construction of its $4.4 billion Pengerang Energy Complex (PEC) in Malaysia in the fourth quarter of 2022. The new complex at the Pengerang Integrated Petroleum Complex (PIPC) in southern Johor is expected to be operational in 2026, the company said in a statement. The project will be … Read more
Enterprise Products has disclosed that it is considering building a $5 billion ethylene cracker on the US Gulf Coast. The proposed cracker would have the capacity to produce 2 million tons of ethylene per year, Enterprise said, making it one of the largest in the world. Currently, Enterprise is considering the projects but has not … Read more
LG Chem announced its plan to produce hydrogen as a key component of its long-term 2050 Net Zero corporate sustainability goal. Aligned with this goal, South Korea’s largest chemical company said it would establish a plant in Daesan, Korea, with the capacity to produce 50,000 tons of hydrogen annually by the second quarter in 2024. … Read more
INEOS Acetyls has started a feasibility study into a world scale Acetic Acid plant and derivatives on the USA gulf coast (USGC) and is reviewing several high-quality locations. David Brooks, CEO INEOS Acetyls said “The gulf coast is a location well known to the INEOS group where we already have a significant presence. With its … Read more
INEOS Phenol has launched its first bio-attributed product line for phenol, acetone alphamethylstyrene (AMS). These products, made without using fossil fuels as feedstock, are to be sold under the INVIRIDISTM brand. They represent innovation in the global phenol market and offer a more climate-friendly and sustainable alternative to existing phenol, acetone, or AMS. Manufactured at … Read more
TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million metric tons of green hydrogen … Read more
ICL, a leading global specialty minerals company, announced it has signed a long-term agreement with India Potash Limited (IPL) to supply Polysulphate through 2026, with a renewal option. The five-year term is for an aggregate amount of 1 million metric tons, with quantities increasing for each year of the agreement. Each shipment will be a … Read more
Grasim Industries Ltd (GIL) plans to commission its plants with 1.3 billion litres a year aggregate capacity by March 2024. The $1.3 billion investment of Grasim in the paint manufacturing business is likely to disrupt India’s paint industry. According to officials, the company wants to speed up the construction of paint plants in Panipat (Haryana), … Read more
Brenntag, the global market leader in chemicals and ingredients distribution, announces the partnership with the Al-Azzaz Chemicals Company via a 75/25 joint venture. While Brenntag has been active in Saudi Arabia, this joint venture greatly expands the company’s presence and footprint with one of the largest speciality chemicals distributors on the Arabian Peninsula. Henri Nejade, … Read more
Repsol has signed a technology license agreement that would allow the company to construct an ultra-high molecular weight polyethylene (UHMWPE) plant. The plant would be located in Repsol’s Industrial Complex in Puertollano (Spain) and would have an annual production capacity of at least 15 kt. The agreement boosts up Repsol’s ambition to become a future … Read more