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Company Dynamic

AstraZeneca Expands Global Medicines Development Centre in Bengaluru

AstraZeneca Expands Global Medicines Development Centre in Bengaluru

2018-06-21

Globally, GMD works with AstraZeneca’s two biotech units – Innovative Medicines and Early Development (IMED) and MedImmune – and the Glo...

National Peroxide Ltd. Q4 Net Profit Surges to Rs. 37.30-crore

National Peroxide Ltd. Q4 Net Profit Surges to Rs. 37.30-crore

2018-06-20

The company has reported net sales of Rs.Net profit for FY18 has been reported at Rs.63-crore).

GHCL Bags Dun & Bradstreet Corporate Award in Chemicals Category

GHCL Bags Dun & Bradstreet Corporate Award in Chemicals Category

2018-06-20

In chemicals, the company mainly manufactures soda ash (anhydrous sodium carbonate), which is a major raw material for detergents, glass...

Galaxy Surfactants Consolidated Net Profit Declines 7.49%

Galaxy Surfactants Consolidated Net Profit Declines 7.49%

2018-06-20

62-crore during FY 17.Sales rose 12.91-crore in FY18 (Rs.34-crore).

Alkylation Unit at Sinopec Shijiazhuang to Put into Operation

Alkylation Unit at Sinopec Shijiazhuang to Put into Operation

2018-06-20

Theoretically, 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.

Dow Opens New PU Systems House at Lote Parshuram

Dow Opens New PU Systems House at Lote Parshuram

2018-06-20

Jon Penrice, Vice President, Dow Poly-urethanes, added, “By expanding our network of Systems Houses, R&D and innovation centres we are s...

PetroChina Jilin PC Restartes 2 PE Plants After Annual Turnaround

PetroChina Jilin PC Restartes 2 PE Plants After Annual Turnaround

2018-06-20

PetroChina Jilin PC has shut its 300kt/year LLDPE plant and 275kt/year HDPE plant since May 8 for scheduled turnaround.

ICE Cotton Futures Market Extends Downswing

ICE Cotton Futures Market Extends Downswing

2018-06-19

15cent/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.

CSPC II Shuts PP and HDPE Plants for Production Switch

CSPC II Shuts PP and HDPE Plants for Production Switch

2018-06-19

CSPC 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...

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.

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