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Shivtek Spechemi to set up Rs 600-mn specialty chemicals facility at Hazira

New facility will have a production capacity of 2,50,000 MTPA by 2027-28 and pioneer the production of bio-based additives, solvents, and specialty additives. The plant to be registered under Vibrant GujaratRead more

India’s chemical industry eyes $1 trillion by 2040: McKinsey

The conference focused on AI adoption, sustainable practices, and technological innovation, reinforcing the chemical industry’s role in India’s economic and environmental goals.Read more

Adani partners with Thailand’s Indorama for petrochemical expansion

The project, located in Mundra, Gujarat, is set to be India’s largest PVC manufacturing facility, with an estimated cost of Rs 350 billion.Read more

Adani Group to build $4 billion PVC project by Dec 26

India's annual PVC demand is approximately 4 million tonnes, but domestic production capacity stands at just 1.5 million tonnes, leading to a substantial supply-demand mismatch. Read more

Thermax Babcock & Wilcox bags Rs 5.13 bn boiler order in Botswana

The order entails supplying two 550 TPH CFBC (circulating fluidised bed combustion) boilers over a 23-month period, aimed at supporting a 600 MW greenfield energy initiative in Botswana. Read more

UFlex Limited releases report for EPR reporting at PPRDC event

This standardisation would be critical for producers, importers, and brand owners to meet their individual and industry-wide EPR obligations.Read more

GAIL inks Rs 63,000 cr deal with BPCL for Propane Supply in Maharashtra

Currently, the unit has a capacity of 1 million metric tonnes per annum (MMTPA) and is expanding to handle 3 MMTPA of propane and butane imports.Read more

Anup Engineering is aiming for 25% revenue growth YoY for the next few years

In this interaction with Rakesh Rao, Reginaldo D'Souza, CEO, The Anup Engineering Ltd, highlights the changing dynamics of the process industry and how the company is gearing up to tap new opportunitiesRead more

PFC provides Rs 1,229 Cr loan for Assam methanol and formalin plants

The Power Finance Corporation (PFC), a government-owned entity, entered into an agreement to extend a term loan of Rs 1,229 crore to Assam Petrochemicals. The loan agreement between PFC and Assam Petrochemicals Ltd (APL) was formalized on September 4, 2023.Read more

PSUs to build combined green hydrogen generation capacity

A government panel report states that the public oil and gas companies are planning to construct a combined green hydrogen generation capacity which will be producing 38,000 tonnes of green hydrogen annually.Read more

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