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Chemicals Sector News & Updates - December 22, 2024



CIL and BHEL ink JVA for establishing Ammonium Nitrate Plant
Chemicals   -  Feb 29,2024
Coal India and BHEL have formed a joint venture to enter the Coal to Chemicals business, establishing a 2000 TPD Ammonium Nitrate Plant in Odisha. CIL holds 51% equity, while BHEL holds 49%. Both comp .


Lanxess India successfully expands Rhenodiv production at Jhagadia facility
Chemicals   -  Feb 26,2024
Lanxess has completed the expansion of its Rhenodiv production line in Jhagadia, enhancing its Rhein Chemie business unit's capabilities. The new line enables efficient production of high-quality .


SLSWCA gives nod to Rs 6,134 crore projects in Odisha
Chemicals   -  Feb 26,2024
The State Level Single Window Clearance Authority (SLSWCA) in Odisha, led by Chief Secretary PK Jena, approved 27 projects worth Rs 6,134.52 crore, set to generate employment for 42,275 people. Projec .


Hygenco to build Green Hydrogen Plant in Maharashtra
Chemicals   -  Feb 19,2024
Hygenco, a Haryana-based company, plans to build Maharashtra's first operational green hydrogen plant, aiming to produce energy without carbon emissions. CEO Amit Bansal highlights India's r .


Berger Paints plans to set up new unit in Khordha, Odisha
Chemicals   -  Feb 15,2024
Berger Paints India secures 80 acres of land in Odisha for a manufacturing unit, with an annual capacity of 4,10,000 KL/MT. The unit will produce paints, coatings, and construction chemicals using mod .


Confidence Petroleum India launches green hydrogen cylinders
Chemicals   -  Feb 14,2024
Silversky Exim, a subsidiary of Confidence Group, will manufacture Type 4 cylinders for green hydrogen. These cylinders, made from carbon composite with a polymer liner, are 70% lighter than Type 1 me .


Petronet draws Rs 40,000 crore investment plan to treble profit by 2028
Chemicals   -  Feb 12,2024
Petronet LNG Ltd plans to invest Rs 40,000 crore in expanding LNG import capacity and venturing into petrochemicals to triple net profit by 2028. Initiatives include a propane dehydrogenation plant an .


JSW Neo secures letter of award to establish Green Hydro Production facility
Chemicals   -  Feb 06,2024
JSW Neo Energy secures a 6.5 ktpa green hydrogen production facility project from SECI's SIGHT Scheme, aiming for commissioning within 36 months. The contract includes incentives worth Rs 67.6 cr .


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