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Chemicals Sector News & Updates - December 22, 2024



Oil India invites bids for 1MW green hydrogen project in Himachal Pradesh
Chemicals   -  Dec 29,2023
Oil India Ltd (OIL) has opened domestic bids for a 1 MW green hydrogen plant in Himachal Pradesh, aiming to produce 99.999% high-purity green hydrogen for commercial use. The project includes the supp .


Century Plyboards’ green field unit in Chennai to commence operation in FY25
Chemicals   -  Dec 28,2023
Century Plyboards is making significant progress on its Rs 550-crore greenfield factory project near Chennai. Executive Director Keshav Bhajanka is optimistic about commissioning the facility by FY25, .


GPS secures orders worth Rs 2,000 crore
Chemicals   -  Dec 27,2023
Full-stack technology and engineering company GPS Renewables secures Rs 2,000 crore worth of orders for multiple Compressed Biogas (CBG) projects nationwide, processing agri-residue, energy crops, and .


ONGC to build 2 MTPA Green Ammonia capacity by 2035
Chemicals   -  Dec 18,2023
The ONGC Group General Manager, Harsh Nupur Joshi, announced plans to invest Rs 80,000-85,000 crore in constructing two million metric tonnes per annum (MTPA) Green Ammonia capacity by 2035. Green hyd .


Essar inks pacts worth Rs 55,000 crore with Gujarat government
Chemicals   -  Dec 15,2023
Essar has committed a total investment of Rs 55,000 crore in Gujarat, signing three MOUs with the state government. The agreements include a Rs 30,000 crore investment for a 1 GW Green Hydrogen projec .


BluPine Energy receives financial closure for 120 MW Solar Project in Gujarat
Chemicals   -  Dec 15,2023
BluPine Energy has secured a green loan of Rs 511 crore from Standard Chartered for its 120 MW solar project in Gujarat. The financial closure for the project, with a total investment of Rs 665 crore, .


Sadhana Nitro Chem to establish green hydrogen facility
Chemicals   -  Dec 05,2023
Sadhana Nitro Chem Ltd ventures into green energy with plans to build a 15MW-20MW green hydrogen facility for internal use. The intermediate specialized chemical manufacturer also announces a rights i .


Coromandel inaugurates nanotechnology center at Coimbatore
Chemicals   -  Nov 17,2023
Coromandel International advances agriculture with a new nanotechnology center in Coimbatore, boosting shares by 0.40%. The center focuses on developing nano-enabled agro-inputs for improved plant nut .


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