News & Bulletin Updates

8It is not fair to benefit from a war, but that is what you can do as a commodity supplier
8Get to know more specific details here

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8Under the auspices of the Technology & Energy Expert Committee, ICC will be organizing a series of webinars by eminent speakers on the fourth Friday of every month from 3.30 p.m. to 5.00 p.m.
8Some of them will be relevant for the segments you are in

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8An EPC contract was awarded by GAIL to implement a 4.3 tons per day green hydrogen production plant via a 10-megawatt PEM electrolysis unit to be located in Central India

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May 16, 2022: NOCIL update

8NOCIL Ltd will hold a board meeting on the 17th of May 2022

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May 16, 2022: Your inputs needed

8Do you have inputs to provide on different aspects of the Foreign Trade Policy
8Your suggestions are welcomed

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8Saudi Arabian Oil Co. (Aramco) is exploring further collaboration with Thailand’s national oil company, PTT, as it expands its downstream presence in Asia
8The two companies signed a Memorandum of Understanding (MoU) at a ceremony in Bangkok, Thailand, on 11 May 2022

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8The Department of Chemicals and Petrochemicals has come out with a tender for dry-cleaning work in various rooms of Shastri Bhawan, Janpath Bhawan, and Udyog Bhawan, New Delhi
8The Department is looking for reputed firms having adequate familiarity/experience in the field

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8Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) has announced that Shaheen Chem Holdings Investment LLC, will join the proposed TA’ZIZ and Reliance Industries Ltd TA'ZIZ EDC and PVC joint venture, that will construct and operate a world-scale Chlor-alkali, ethylene dichloride and polyvinyl chloride facility, at the TA’ZIZ Industrial Chemicals Zone

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8The MOL Group is accelerating the transformation of the traditional oil & gas businesses. They have announced new sustainability/CO2 reduction targets and they’re investing in a low-carbon, circular economy to become a key player in CEE

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8A Basic Course on "chemical laboratory safety practices" is coming up

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8These slots are for those with relevant chemical sector experience

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May 16, 2022: JS level appointments

8The Appointments Committee of the Cabinet has approved the appointments/repatriation of officers at the Joint Secretary/Joint Secretary equivalent level

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8A meeting of the Board of Directors of the company is scheduled to be held on 20th May, 2022

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8The Central Marks Department granted a license to the company

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8A meeting of the Board of Directors of the company will be held on Monday, May 23, 2022

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UTAPL manufactures steel tools and accessories required in the oil and gas industry
8Based in Pune, Maharashtra their primary product is mandrel bars
8Other products include thread protectors and helical anchors

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8NFIL reported an 18% increase in high-value businesses with 61% of their total FY22 revenue contributions coming from high-value businesses

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8Mitsu Chemplast Ltd’s impressive aesthetics, robust design and durability have led to rapid growth in this niche business section

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8H.I.G. Capital, a leading global alternative investment firm with over $49 billion of equity capital under management has announced that it has signed an agreement to sell its portfolio company Valtris Specialty Chemicals to an affiliate of funds managed by SK Capital Partners

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8Chemical firm LyondellBasell says that a Chinese company will use its Lupotech T high-pressure PE technology at a new facility

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8German chemical firm BASF and Sinopec’s 50:50 joint venture BASF-YPC Co. is expanding in Nanjing including new capacities of several downstream chemical plants and a new tert-butyl acrylate plant, to serve the growing demand from various industries in the Chinese market

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8The capacity increase is planned at two manufacturing sites in Thailand, and the start of operation is scheduled for 1Q 2025

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8German speciality chemicals firm Evonik says it is embarking on the next phase of its strategic transformation. In line with this, it will exit the performance materials business as it focuses on the specialities portfolio

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8Chemical firm Ineos has awarded Técnicas Reunidas a contract for the project management, engineering, procurement and construction management and supervision services for a world scale ethylene plant in Europe

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8Heraeus Holding GmbH, a Fortune 500 corporation, stated that it has invested significant stock in a PET recycling firm situated in Germany

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