Company Dynamic
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AstraZeneca Expands Global Medicines Development Centre in Bengaluru
2018-06-21Globally, GMD works with AstraZeneca’s two biotech units – Innovative Medicines and Early Development (IMED) and MedImmune – and the Glo...
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National Peroxide Ltd. Q4 Net Profit Surges to Rs. 37.30-crore
2018-06-20The company has reported net sales of Rs.Net profit for FY18 has been reported at Rs.63-crore).
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GHCL Bags Dun & Bradstreet Corporate Award in Chemicals Category
2018-06-20In chemicals, the company mainly manufactures soda ash (anhydrous sodium carbonate), which is a major raw material for detergents, glass...
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Galaxy Surfactants Consolidated Net Profit Declines 7.49%
2018-06-2062-crore during FY 17.Sales rose 12.91-crore in FY18 (Rs.34-crore).
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Alkylation Unit at Sinopec Shijiazhuang to Put into Operation
2018-06-20Theoretically, the daily demand volume of C4R2 is about 547mt when the alkylation unit at Sinopec Shijiazhuang Refining & Chemical Company runs at a full load. Therefore, the feedstock can meet its demand, but the fact is not so ideal.
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Dow Opens New PU Systems House at Lote Parshuram
2018-06-20Jon Penrice, Vice President, Dow Poly-urethanes, added, “By expanding our network of Systems Houses, R&D and innovation centres we are s...
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PetroChina Jilin PC Restartes 2 PE Plants After Annual Turnaround
2018-06-20PetroChina Jilin PC has shut its 300kt/year LLDPE plant and 275kt/year HDPE plant since May 8 for scheduled turnaround.
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ICE Cotton Futures Market Extends Downswing
2018-06-1915cent/lb and contract of Dec closed at 87.cotton crops was 38%, down from previous week's 42% and previous year's 61%.85cent/lb.
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CSPC II Shuts PP and HDPE Plants for Production Switch
2018-06-19CSPC II has suspended its 400kt/year PP plant and 400kt/year HDPE plant for a short turnaround, which would be finished by the end of th...
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Balkrishna Industries Expands OTR Capacity
2018-06-15Besides 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.
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CNPC and Gazprom Strengthen Cooperation on Gas
2018-06-15In 2016, Gazprom and CNPC signed the Memorandum of Understanding on underground gas storage and gas-fired power generation in China, the...
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Innovation by BASF Will Make Electric Vehicles a Reality
2018-06-15This growing need for mobility creates challenges, but at the same time provides vast opportunities to develop innovative technologies that address these
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Covestro Rejoice TPU Capacity Expansion Start to Meet Grow Demand
2018-06-15Covestro 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.
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Sinopec Qilu Company ESBR Units Status
2018-06-14According 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.
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Refinery Production Down Year-on-year and from Target in April
2018-06-13Production 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.
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Petronet Keen to Partner OVL for Stake in Qatar LNG Project
2018-06-13Qatar 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.
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ONGC to Quadruple Output from Gas Field Acquired from GSPC
2018-06-13ONGC bought the Deendayal field in 2017 from Gujarat State Petroleum Corp. (GSPC) while it was still undergoing test runs for commercial gas production.
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MRPL's Q4 Net Profit Dips 72%
2018-06-13A 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...
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IOC's Ennore LNG Terminal to Be Commissioned by October
2018-06-13The 5 million tonnes per annum LNG plant is being set up through a joint venture IndianOil LNG at Kamarajar Port in Ennore, near Chennai.
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IOC Reports Higher Net Profits and Revenues in FY18
2018-06-13Indian 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.
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