Category: Chemicals
BASF stated that the $10 billion would be invested in phases, which includes several plants for consumer-oriented products as well as a steam cracker with a yield of 1 million tons every year. BASF, the German chemicals giant, has recently announced that the company has …
Chevron Corp. and Occidental Petroleum Corp. have apparently joined forces in a bid to pour in capital in carbon dioxide elimination technology. As per credible reports, a subsidiary of the latter and Chevron’s venture capital arm have jointly invested in Carbon Engineering for its technology …
In a recent turn of events, Shell has reportedly commenced production from its fourth alpha olefins unit at its chemical plant located in Geismar. The company stated that the expansion is a multi-billion dollars move that would augment the production capacity of the chemical manufacturing …
The global asset management firms & the two companies have already submitted their bids to acquire the majority controlling stake. The stake currently held by GMATF could be worth anywhere between INR 5,600 crore & INR 6,000 crores. Gharda Chemicals Ltd (Gharda Chemicals), a renowned …
Agricultural chemical firm American Vanguard Corporation has recently announced that the company has acquired the Quizalofop (QPE) herbicide product line from Corteva Agriscience, which is DowDuPont’s Agriculture Division. Apparently, these products have primary markets in pulse, soybeans and canola in Canada and the United States. …
The deal comes as a part of the Saudi Arabian company’s strategy to boost its methanol shares this year. The deal also allows the company to capitalize on the rapidly growing shale gas production in North America. SABIC, a Saudi Arabian diversified Petrochemical manufacturing …
World’s leading integrated energy and chemicals company, Saudi Aramco, and Lanxess AG, a German specialty chemicals firm have recently announced that the companies have completed the Saudi state owned energy firm’s acquisition of Lanxess’ interest in specialty chemicals firm Arlanxeo Holding B.V. Evidently, Arlanxeo is …
APM Terminals Inland Services, a unit of Maersk Group, has reportedly made plans to build India’s first eco-friendly ICD or inland container depot for managing chemicals in Pune. The Ministry of Environment, Forest, and Climate Change has provided the Maersk Group company a comprehensive sanction …