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Company Dynamic

Balkrishna Industries Expands OTR Capacity

Balkrishna Industries Expands OTR Capacity

2018-06-15

Besides the introduction of giant OTR tires, the capacity expansion projects of BKT includes the completion of a carbon black plant with a capacity of 60kt/a.

CNPC and Gazprom Strengthen Cooperation on Gas

CNPC and Gazprom Strengthen Cooperation on Gas

2018-06-15

In 2016, Gazprom and CNPC signed the Memorandum of Understanding on underground gas storage and gas-fired power generation in China, the...

Innovation by BASF Will Make Electric Vehicles a Reality

Innovation by BASF Will Make Electric Vehicles a Reality

2018-06-15

This growing need for mobility creates challenges, but at the same time provides vast opportunities to develop innovative technologies that address these

Covestro Rejoice TPU Capacity Expansion Start to Meet Grow Demand

Covestro Rejoice TPU Capacity Expansion Start to Meet Grow Demand

2018-06-15

Covestro LLC recently hosted a ribbon-cutting ceremony at its New Martinsville, West Virginia, production facility, commemorating the successful startup of its thermoplastic polyurethane (TPU) capacity expansion.

Sinopec Qilu Company ESBR Units Status

Sinopec Qilu Company ESBR Units Status

2018-06-14

According to SCI, two lines were shut down on October 16, 2017; the other three lines were under shutdown from November 15, 2017 to late January 2018.

Refinery Production Down Year-on-year and from Target in April

Refinery Production Down Year-on-year and from Target in April

2018-06-13

Production of crude oil derived refined products during April, 2018 was 19,852.83-tmt (thousand metric tonnes), which is 3.43% lower than the target for the month and 0.87% lower when compared with April, 2017.

Petronet Keen to Partner OVL for Stake in Qatar LNG Project

Petronet Keen to Partner OVL for Stake in Qatar LNG Project

2018-06-13

Qatar Petroleum plans to expand LNG production capacity from 77 million tonnes per year to 100 million tonnes in next few years. Petronet is keen to take 5 per cent stake in the expansion project along with associated upstream gas development, he said.

ONGC to Quadruple Output from Gas Field Acquired from GSPC

ONGC to Quadruple Output from Gas Field Acquired from GSPC

2018-06-13

ONGC bought the Deendayal field in 2017 from Gujarat State Petroleum Corp. (GSPC) while it was still undergoing test runs for commercial gas production.

MRPL's Q4 Net Profit Dips 72%

MRPL's Q4 Net Profit Dips 72%

2018-06-13

A company press release said that the increase is mainly on account of the increase in the product prices during the Q4 of 2017-18 compa...

IOC's Ennore LNG Terminal to Be Commissioned by October

IOC's Ennore LNG Terminal to Be Commissioned by October

2018-06-13

The 5 million tonnes per annum LNG plant is being set up through a joint venture IndianOil LNG at Kamarajar Port in Ennore, near Chennai.

IOC Reports Higher Net Profits and Revenues in FY18

IOC Reports Higher Net Profits and Revenues in FY18

2018-06-13

Indian Oil Corporation has posted a net profit of Rs. 21,346-crore for FY18 as compared to a profit of Rs. 19,106-crore in the last fiscal. The reported revenue from operations for FY18 was Rs. 5,06,428-crore as compared to Rs. 4,45,442-crore in FY17.

Tata Chemicals Posts Higher Profit in March Quarter on Sale of Urea Business

Tata Chemicals Posts Higher Profit in March Quarter on Sale of Urea Business

2018-06-13

“Our key businesses including chemicals, soda ash and salt business continued to perform very well with healthy margins.

Grasim Eyes Rs. 1,200-cr. Additional Revenue from Chemical Expansion

Grasim Eyes Rs. 1,200-cr. Additional Revenue from Chemical Expansion

2018-06-13

Rising input cost in the viscose staple fibre (VSF) business is not much of a concern for Grasim as it sources 80 per cent of its raw material from group companies. The almost fully backward integrated operation has helped the company to stay ahead...

Dhunseri Looks for a Partner for Egyptian PET Venture

Dhunseri Looks for a Partner for Egyptian PET Venture

2018-06-13

The polyethylene terephthalate (PET) resin venture in the northwest of the Gulf of Suez has been incurring losses for some time now. The plant has not been in production for over a year because of lack of working capital.

CCI Clears Bayer-Monsanto Merger Deal

CCI Clears Bayer-Monsanto Merger Deal

2018-06-13

The Competition Commission of India (CCI) has approved the acquisition of US seed major Monsanto Co. by Germany’s Bayer AG, in a decision that moves the $62.5-bn deal a step closer to the finish line.

AkzoNobel Specialty Chemicals to Invest €4-mn to Expand Organic Peroxide Capacit

AkzoNobel Specialty Chemicals to Invest €4-mn to Expand Organic Peroxide Capacit

2018-06-13

The €4-mn investment will increase capacity by 80% and will provide a platform to meet growing demand from customers in India and the Middle East.

Chemical tracers reveal oxygen-dependent switch in cellular pathway to fat
India's Refiners Embrace Petrochemicals - Ravi Raghavan

India's Refiners Embrace Petrochemicals - Ravi Raghavan

2018-06-11

It continues to evolve even today by value-adding on low value petroleum coke by producing higher value fuels and petrochemical feedstoc...

Monsanto No More: Agri-Chemical Giant's Name Dropped in Bayer Acquisition

Monsanto No More: Agri-Chemical Giant's Name Dropped in Bayer Acquisition

2018-06-06

, one question is whether protesters who have joined "Marches Against Monsanto" will "still march if there's no Monsanto," he says.

BW LPG Intends to Merge with Dorian LPG

BW LPG Intends to Merge with Dorian LPG

2018-06-06

According to the proposed transaction, BW LPG intends to double-list on the NYSE, which will allow Dorian LPG shareholders to accept the...

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