Nuberg EPC, a preeminent Indian Global EPC and turnkey project management company, has bagged the contract for India’s largest Chlor-Alkali project, commissioned by Mundra Petrochemical Ltd. (MPL), a subsidiary of Adani Enterprises. The project is poised to make a significant impact in the industry with a capacity of 2,200 TPD, utilizing a 100% NaOH process. … Read more
In a significant development within the chemical industry, two leading Indian state (Maharatna CPSE) entities, Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL), have formally solidified their collaboration through the signing of a joint venture agreement (JVA) on 28th February 2024 in Delhi. The agreement aims to establish an ammonium nitrate plant utilizing … Read more
BASF initiated the process to divest its shares in the two joint venture companies BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China in the fourth quarter of 2023. As part of its global strategy for 1,4-butanediol (BDO), BASF assessed the market environment and product carbon … Read more
Coromandel International, an agricultural chemicals maker, announced that its board of directors approved a proposal to establish new phosphoric acid and sulphuric acid plants at Kakinada in Andhra Pradesh, investing Rs 10.29 billion. The board meeting on January 30 sanctioned the proposal, as per a stock exchange filing by Coromandel International. The new plants will … Read more
AGC, a world-leading manufacturer of glass, chemicals, and high-tech materials, has announced that it has decided to construct a new production facility for FORBLUE™ S-SERIES, a fluorinated ion-exchange membranes suitable for producing green hydrogen at its Kitakyushu Site (Tobata-ku, Kitakyushu City). AGC will invest approximately 15 billion Japanese yen for the new facility, which is scheduled to … Read more
Rallis India Ltd’s Board of Directors, in their meeting on January 23, 2024, greenlit the expansion plan for the Pendimethalin Plant located at the Dahej SEZ unit. The proposed augmentation, slated to increase the capacity by approximately 2000 MT/Annum, entails an investment of around Rs. 150 million, to be sourced from internal accruals. Presently, the … Read more
Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China. Building on its existing partnership with Huatai Chemical, the strategic alliance will enable the site to produce 48 kilotons of photovoltaic-grade hydrogen peroxide annually by 2025. This strategic investment … Read more
Mumbai, India / Marietta, USA – Birla Carbon, the leader in sustainable carbon solutions, announced the establishment of two new carbon black manufacturing sites in Naidupet, Andhra Pradesh, India, and Rayong, Thailand. “We are excited to augment our expansion plans in support of key customers in the fast-growing markets of India and Southeast Asia,” stated John Loudermilk, … Read more
Epsilon Carbon Pvt. Ltd., a prominent player in the chemical industry, has officially inked a Memorandum of Understanding (MoU) with the Government of the Indian State of Odisha. The commitment entails a substantial investment of Rs 100 billion ($1.2 billion) spread over a decade, earmarked for the establishment of a cutting-edge Integrated Carbon Complex (ICC) … Read more
The Saudi Basic Industries Corporation (SABIC), the leading global company in diversified chemicals, announced on Sunday that it has endorsed the final investment decision for the SABIC Fujian Petrochemical Complex Project (Saudi-Chinese Gulei Ethylene Complex Project) to be established in Fujian Province, China. SABIC Fujian Petrochemical Company Limited, based on a 51% to 49% equity … Read more
INOX Air Products, a manufacturer of industrial and medical gases, announced on Tuesday the formalisation of a memorandum of understanding with the government of Maharashtra, India, for the establishment of a cutting-edge green ammonia plant, involving a substantial investment of $3 billion. The ambitious project is slated to be operational within a timeframe of 3 … Read more
LyondellBasell (NYSE: LYB), the world’s largest licensor of polyolefin technologies, announced that China Coal Shaanxi Yulin Energy & Chemical Co., Ltd. (China Coal Shaanxi), will use the LyondellBasell Spherizone, Hostalen Advanced Cascade Process (Hostalen ACP) and Lupotech T technology for its new facility. The process technology will be used for a 300 kilotons per annum (KTA) Spherizone polypropylene plant, a 300 KTA Hostalen ACP high-density … Read more
Godrej Industries Ltd (Chemicals Division) has recently entered into a non-binding Memorandum of Understanding (MoU) with the Gujarat government, as revealed in an official regulatory filing. The agreement signals a potential substantial expansion for Godrej Industries in Valia, with an anticipated investment of Rs 6 billion ($72.2 million) over the next four years. The expansion … Read more
DCM Shriram Ltd has committed to investing Rs 120 billion ($1.44 billion) in the manufacturing of chemical and petrochemical products in Bharuch by 2028. This substantial investment indicates the company’s confidence in the growth prospects of the sector and its commitment to expanding its operations. As India’s second-largest chlor alkali manufacturer, DCM Shriram aims to … Read more
Aramco and Rongsheng Petrochemical (Rongsheng) planned to buy stake in each other’s units, according to a memorandum of understanding (MOU) the two sides signed. The MOU is another milestone following the agreement the two parties reached in March last year, marking an important step forward in fostering cross-border investment. Under the MOU, Aramco and Rongsheng … Read more
DIC Corporation announced that wholly owned subsidiary Nantong DIC Color Co., Ltd., based in Nantong, Jiangsu Province, in the People’s Republic of China (PRC), has commenced construction of a new printing inks production facility in the southern area of the Nantong Economic and Technological Development Area (NETDA). The new facility is scheduled to begin … Read more
Reliance Industries on Friday said it has become the first Indian company to chemically recycle plastic waste-based pyrolysis oil into International Sustainability and Carbon Certification (ISCC)-Plus certified circular polymers. In a release, it said this innovation is a testimony to Reliance’s commitment to reducing plastic waste and supporting the circular economy in India. Reliance shipped its first … Read more
Ami Organics, a prominent player in the field of specialty chemicals research and development, is gearing up to capitalize on the thriving battery market. The company has recently entered into a groundbreaking Memorandum of Understanding (MoU) with a global electrolyte giant, paving the way for the establishment of battery cell and material production facilities in … Read more
In a strategic move to enhance its business portfolio and reinforce its commitment to sustainable growth, Mitsubishi Chemical Group Corporation has recently announced the decision to transfer shares of its subsidiary, PT Mitsubishi Chemical Indonesia (MCCI). The shares will be transferred to PT Lintas Citra Pratama, a company with plans to commercialize paraxylene, a key … Read more
Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, is set to develop in the largest green hydrogen facility in Indonesia with PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider and PT Pupuk Indonesia, a state-owned fertiliser and chemical producer. The announcement was … Read more