Coromandel International, India’s second largest phosphatic fertilizer player and part of Murugappa Group, announced plans to set up 1,650 metric tonnes per day (tpd) sulphuric acid plant at its fertiliser complex in Visakhapatnam at an investment of Rs 4 billion. Announcing the plan, the company also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) … Read more
Meghmani Organics Limited (MOL) is setting up a White Pigment Titanium Dioxide (TiO2) plant with 33,000 metric ton production facility at a total capex of Rs 4 billion at Dahej. Titanium Dioxide (TiO2) is used as a bright white pigment in various industries including paint, coating, plastic, ink, dyes, paper, and cosmetics etc. The company … Read more
Lanxess AG announced that it has started up a new production line for the manufacture of water-based compounds in Nantong, China. The business belongs to the Urethane Systems (URE) business unit which is also producing polyurethane dispersions, an important ingredient of the compounds. Under the Pellart brand, these products are used in many functional coatings … Read more
Meghmani Finechem Limited, a leading manufacturer of Chlor-Alkali products and its value-added Derivatives, on Thursday announced its expansion plans into Chlorotoluene and its value chain. The upcoming facility in its existing Chlor-Alkali Complex of Dahej will produce intermediates for manufacturing pharmaceutical and agro-chemical active ingredients, which are amongst the fastest growing segments. The Chlorotoluene project … Read more
I G Petrochemicals Limited announced that its board of directors at their meeting held on November 1, 2021 have approved the expansion of Phthalic Anhydride capacity. The company will build the new plant with a capacity of 53,000 MTPA at its existing plant location, Taloja (brownfield expansion) at an outlay of approx. Rs 3.45 billion. … Read more
Grasim Industries said it commissioned Chloromethane (CMS) project at Vilayat Unit in Gujarat on 4 November 2021. The company said the project has a capacity of 150 ton per day (TPD) / 50,000 ton per annum (TPA). The new capacity will cater to both domestic and international market. This will result into an additional annualised … Read more
Thirumalai 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 22.3% to Rs 506 million for the period ended September 30, 2021 as against net profit of Rs 651.1 million for the previous quarter. Net sales increased … 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
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
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
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
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
KBR announced it has been awarded a dual-pressure nitric acid technology contract by Hanwha Corp. for its new plant at Yeosu, South Korea. Under the terms of the contract, KBR will provide license, basic engineering design, and technical support to Hanwha for a 1,200 metric tons per day dual pressure nitric acid plant. Nitric acid … Read more
Air Products has announed a $4.5 billion blue hydrogen clean energy complex in Eastern Louisiana, the company’s largest-ever Investment in the US. Air Products will build, own and operate the megaproject, which will produce over 750 million standard cubic feet per day (MMSCFD) of blue hydrogen in Ascension Parish, Louisiana. ‘Blue’ products are produced utilising … Read more
BASF Petronas Chemicals Sdn Bhd (BPC), a joint venture between BASF and PETRONAS Chemicals Group Berhad (PCG), intends to expand the annual production capacity of 2-Ethylhexanoic Acid (2-EHA) from 30,000 to 60,000 metric tons by 2024. “We are committed to supporting our customers’ growing demand in various 2-EHA downstream ap-plications, such as synthetic lubricants for … Read more
Bhansali Engineering Polymers Ltd., a polymer and other allied products manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQThe company’s net profit grew 59.8% to Rs 123.6 crores ($16.4 million) for the period ended Septem-ber 30, 2021 as against net profit of Rs 77.38 crores ($10.3 … Read more