Company Dynamic
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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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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.
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Grasim Eyes Rs. 1,200-cr. Additional Revenue from Chemical Expansion
2018-06-13Rising 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...
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Dhunseri Looks for a Partner for Egyptian PET Venture
2018-06-13The 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.
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CCI Clears Bayer-Monsanto Merger Deal
2018-06-13The 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.
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AkzoNobel Specialty Chemicals to Invest €4-mn to Expand Organic Peroxide Capacit
2018-06-13The €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.
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India's Refiners Embrace Petrochemicals - Ravi Raghavan
2018-06-11It continues to evolve even today by value-adding on low value petroleum coke by producing higher value fuels and petrochemical feedstoc...
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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.
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BW LPG Intends to Merge with Dorian LPG
2018-06-06According 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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