8The company has witnessed substantial growth in the scale of operation while maintaining healthy profitability

8Get the latest rubber prices in Singapore

8This sustainability-linked loan underscores L&T’s continued commitment to its environmental, social and governance (ESG) goals

8The new joint venture will use a chemical-recycling technology called dimethyl terephthalate

8A new 300 KTA propylene oxide plant uses the HPPO production process developed by Evonik and tkIS

8Aramco is to supply almost 45% of PKN ORLEN’s crude oil requirement under the agreement

8The facility will repair and service rotating machinery to serve the Asia market utilising a local supply chain

8The facility will repair and service rotating machinery to serve the Asia market utilising a local supply chain

8The company manufactures high-density polyethylene (HDPE) pipes, sprinkler irrigation systems, drip irrigation systems and PVC pipes

8The new president has been with Bridgestone since 2017 and previously served as a chief operating officer (COO) for the Commercial Truck Group
8In his new role, he will be responsible for setting Bridgestone’s go-to-market strategy for the Bridgestone and Firestone commercial TBR business

8Aduro Clean Technologies has completed the construction and mechanical assembly of its pilot-scale Hydrochemolytic continuous-flow plastic reactor

8These new directors deepen the diverse expertise of the board by both bringing significant experience as executives of large, complex, capital-intensive global companies that successfully navigated significant industry transitions

8Shell has entered into agreements to acquire the Environmentally Considerate Lubricants (ECLs) business of PANOLIN Group

8The deal consists of a 100kte Potassium Hydroxide (KOH)/65kte Chlorine unit

8Under the agreement, Uniper will issue new ordinary registered shares, which the German State will subscribe

8Amara Raja Batteries and the Government of Telangana have signed an MoU for the project

8LG Chem will launch a new acrylonitrile butadiene styrene product using plant-based raw materials, with the first batch being supplied to US toy manufacturer Mattel

8R&D on making petroleum-free petrochemicals is making strides. But the scale-up may come too late to meet urgent climate change goals

8The void prediction technology takes into consideration changes in variables including temperature and pressure during the resin solidification process

8The company is also planning to build 50,000 tonnes/year plant in Russia

8With commissioning scheduled for 2024, the flexible line will produce 15,000 tonnes/year of polypropylene compounds containing up to 100% recycled plastic

8LyondellBasell and Audi collaborate on creating seatbelt buckle covers from waste

The list of materials includes:
8Benzene - 216 MT
8Toluene - 24 MT
8LSO - 24 MT
8Sol-110 - 24 MT
8HCB - 30 MT

Here are new projects worth Rs 1200 crore in the fertilizer sector
DAP/NPk Fertilizer Greenfield Project
8Cost: 915 Cr.
8Project Event:  The owner has submitted the proposal for the Term of Reference in Jan 2022, Consent has been elicited. The final EIA report preparation is ongoing, The proposal for the environment clearance is likely to be submitted in March 2023.
Nano DAP Greenfield Project
8Cost: 325 Cr.
8Project Event: The company submitted the proposal for the term of reference in Oct 2022, which was granted in Nov 2022. RFQ for the contractor is likely to be released in Q4 FY 2022-2023

Get updates on the following:
8Greenfield Common User Facility (CUF) at Berhampur (IOCL)
8Paradip LPG Import Terminal Expansion Project (IOCL)