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Indian pharma sector faces supply risk amid West Asia conflict despite duty waiverIndia's pharmaceutical industry faces ongoing concerns about securing essential petrochemical supplies due to the West Asia conflict. While...
Petchem relief to cost Rs 1,800 crore in 3 months: GovernmentThe government anticipates a revenue loss of approximately Rs 1,800 crore over the next three months. This is due to measures being impleme...
India's chemical sector facing risk from China overcapacity, high crude prices and weak global demand: NuvamaIndia's chemical industry faces significant challenges. China's excess production depresses global prices. High crude oil costs increase ra...
India's petrochemical consumption growth to remain at 6-7% annually, capacity expansion to cut imports: ReportIndia's petrochemical sector anticipates strong growth of 6-7% annually. Major capacity expansions are underway to cut import reliance. Pol...
IOC to invest Rs 61,077 crore in petrochemical complex at ParadipThis is a part of its transition plan including boosting petrochemical intensity to help protect against volatility. Petrochemical intensit...
China's industrial profits growth accelerates in OctoberChina staged an impressive rebound from last year's pandemic slump, but has since lost momentum as it grapples with a slowing manufacturing...
Reliance Industries announce mega petrochemical joint venture with ADNOC in UAEThis deal comes to a close nearly 1.5 years after both companies had signed a broad framework agreement and will be the largest investment ...
Reliance signs pact to invest in Abu Dhabi petrochemical hub"Abu Dhabi National Oil Company (ADNOC) today announced that Reliance has signed an agreement to join a new world-scale chlor-alkali, ethyl...
Reliance Industries lines up petrochemical play with Adnoc in UAEReliance Industries and Abu Dhabi National Oil Co, a state-run oil company of the UAE, have finalised an agreement for a petrochemical join...
Kerala to showcase over 100 projects in the global investor meetThese projects span diverse sectors ranging from infrastructure, petrochemicals, defence and agro & food processing to electronic hardware,...
RIL, ADNOC in pact to explore setting up Ethylene Dichloride JV"Under the terms of the agreement, ADNOC and RIL will evaluate the potential creation of a facility that manufactures ethylene dichloride o...
RIL drops 2% post mixed Q4; here's what analysts sayThe lender on Friday reported Rs 9,435 crore consolidated profit for the March quarter, its highest quarterly profit.
RIL gets green nod for Rs 13,250 crore Dahej unit expansion projectThe estimated cost of the project is Rs 13,250 crore. A budget of Rs 400 crore will be kept aside for environment protection and conservati...
PM Narendra Modi to inaugurate Rs 10,000 crore gas cracker project in AssamIn 2007, former Prime Minister Manmohan Singh had laid the foundation for the project at Lepetkata near Dibrugarh in Assam.
- Increase in Customs duty on polymers to help domestic producers
Indian government raised customs duty on polymers to 7.5% from 5% effective 9th May 2013 in response to the industry's long standing demand...
- Polymer manufacturers plan 40% capacity addition in three years
Polymer makers in the country are set to expand their capacity by a whopping 40% in the next three years, leading to large-scale job creati...
- GAIL plans Chinese foray with 3 projects
GAIL India is all set to foray into the Chinese market with a series of investments in the natural gas sector.