Numaligarh Refinery Ltd (NRL) in Golaghat, Assam, India, has selected Lummus Technology’s Novolen for a new 360 KTA polypropylene (PP) unit. Lummus, a global provider of process technologies and value-driven energy solutions, will provide the technology licence, basic design engineering, training, technical services and catalyst supply. “We are honoured to continue supporting NRL’s business and … Read more
Meghmani Finechem Limited (MFL) announced its successful commissioning of Chlorinated Polyvinyl Chloride Resin (CPVC Resin) Plant at Dahej in Gujarat. The newly-commissioned facility with a production capacity of 30,000 tonnes per annum (TPA) is the largest of its kind in India. Despite a challenging external environment, the plant has been commissioned on time and without … Read more
Goa Carbon Ltd., a petrochemicals manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company reported 4.7% decline in net profit to Rs 144.8 million for the period ended June 30, 2022 as against net profit of Rs 151.9 million for the previous quarter. Net … 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
India Hydrogen Alliance (IH2A) has proposed a 25/25 National Green Hydrogen Hub Development Plan for creation of twenty-five National Green Hydrogen Projects and Five National H2 Hubs by 2025. The plan seeks to develop first-generation green hydrogen projects, with public finance support of $360 million over next three years; create a National Hydrogen Development Corporation … Read more
Azelis announces that it has reached an agreement to acquire a majority stake in Ashapura Aromas Private Limited (Ashapura), a leading distributor of ingredients in the flavors & fragrances (F&F) market in India. This acquisition provides Azelis with a strong F&F platform in Asia Pacific, creating a global F&F network, following its 2021 acquisitions of … Read more
Thyssenkrupp nucera AG & Co. KGa will provide a license and supply its own equipment for plans to expand the caustic soda plant for Kutch Chemical Industries in Padan, Gujarat, India. The current plant has been operating since 2020 and consists of five electrolyzers with its own technology thyssenkrupp nucera BM Single Element. Due to … Read more
Indorama Ventures (IVL) has signed a license agreement with Shandong Binhua New Material Co., Ltd. (Binhua), a subsidiary of Befar Group, to build, own and operate a propylene oxide (PO), t-Butanol (TBA) and t-Butyl methyl ether (MTBE) co-production unit. Featuring the world’s only MTBE ‘single-step’ reaction technology, IVL’s proprietary innovation, the project is part of … 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
Petronas Chemicals Group Berhad (PCG) signed an agreement with BASF Petronas Chemicals Sdn Bhd (BPC) to acquire Maleic Anhydride (MAn) plant located in Gebeng, Kuantan. BASF Petronas Chemicals Sdn Bhd (BPC) is PCG’s joint venture (JV) with BASF. The capacity of the said Maleic Anhydride (MAn) plant is 113 kilo-tonnes per annum (ktpa). The MAn … 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
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
Air Products announced the signing of a long-term supply agreement with Indian Oil Corporation Limited (IOCL), India’s flagship national oil company. Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL’s Barauni Refinery in Bihar, India. The new industrial gas complex will aid IOCL’s capacity … 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
The Government of India has decided to cancel all the activities in connection with the disinvestment of its stake in BPCL, including the data room are being discontinued, the company said in a stock exchange filing on Tuesday. The decision came after the government recently called off the present Expression of Interest (EOI) process for … Read more