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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
Nuberg EPC partners with Germany’s EDL for petrochemical & green hydrogen
Two companies will explore engineering and sustainable development opportunities across industries such as fuel oil refineries, petrochemicals, green hydrogen derivatives & sustainable process technologies to accelerate technological excellence and environmental responsibility.Read 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
India’s petrochemical set to grow threefold to $1 trillion by 2040: Hardeep Puri
To meet this demand, state-owned companies like ONGC and BPCL are collaborating with private firms, investing around $45 billion in new projects, with government expectations of an additional $100 billion in investments over the next decade.Read more
BPCL plans major refining and petrochemical expansion in next 5-7 years
The petrochemical projects at Kochi and Bina are expected to be operational by 2027 and 2028, respectively.Read more
State oil companies are investing in petrochemical; despite facing oversupply
The aim is to boost the production of essential chemicals used in plastics, paints, and other industrial applications, which have historically been imported from countries like China.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
L&T to invest $50-60 billion in O2C & petrochemical projects in the Middle East
L&T is seeking potential joint ventures with other engineering, procurement, and construction (EPC) companies for these significant projects.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