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India achieves milestone with completion of 32 projects under PLI scheme
Chemicals - Aug 12,2024
The Ministry of Chemicals and Fertilizers announced the completion of 32 projects under the PLI Scheme, enhancing domestic production of Key Starting Materials, Drug Intermediates, and APIs with a 56, .

Chemplast Sanmar posts profit in Q1 and announces Rs 160 crore capacity expansion
Chemicals - Aug 08,2024
A Chennai-based chemicals company has returned to profitability with a net profit of Rs 24 crore for the June quarter, reversing a previous loss. Revenue increased by 15% to Rs 1,145 crore. The compan .

Oriana Power to build electrolyser gigafab for green hydrogen and e-fuels
Chemicals - Aug 08,2024
A renewable energy firm in India plans to build a gigawatt-scale factory for producing alkaline electrolyzers and BOP modules, in partnership with a US-based tech provider. The factory, set to begin i .

Spacenet & Russian firm form JV for LNG project
Chemicals - Aug 02,2024
Spacenet Enterprises India Ltd and Modern Fuel Technologies have launched a joint venture to advance LNG infrastructure across India. The partnership aims to meet growing energy demands, with plans to .

Odisha government gives nod to 26 projects worth Rs 5,992.92 crore
Chemicals - Jul 17,2024
The Mohan Charan Majhi government has approved 26 projects worth Rs 5,992.92 crore in Odisha, spanning sectors like steel, chemicals, and renewable energy. The initiatives are expected to create 19,36 .

Aegis Vopak Terminals seeks funding to fuel expansion in India
Chemicals - Jul 11,2024
Aegis Vopak Terminals Ltd. (AVTL), a joint venture between Aegis Group and Royal Vopak, plans to expand its storage facilities in India for LPG and chemicals. With 1.5 million cubic meters of capacity .

Vipul Organics starts construction of facility at Sayakha
Chemicals - Jun 20,2024
Vipul Organics has initiated construction of a facility in Sayakha, Gujarat, within the PCPIR. Spanning 22,209 square meters on a plot acquired from GIDC, the facility aims to enhance production of dy .

Gulshan Polyols’ Assam ethanol plant passes quality control parameters
Chemicals - Jun 10,2024
Gulshan Polyols Limited's Grain-based Ethanol Plant in Goalpara, Assam, with a capacity of 250 KLPD, has successfully passed quality control parameters during trial runs. Commercial production is .