Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s whyMorgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new e...
Adani Group now focused on building assets at scale: Gautam AdaniAdani Group chairman Gautam Adani announced the company's focus has shifted from funding to project execution. Significant investments are ...
Steel giant Jindal India completes Rs 1,500 cr expansion in West BengalJindal India Ltd has finished its Rs 1,500-crore expansion in West Bengal. A new colour coating line is now operational at its Howrah facil...
Adani to rival Reliance with PVC plant by 2028Gautam Adani's conglomerate is venturing into the petrochemicals sector with a 1 million tonne per year PVC plant in Mundra, Gujarat, chall...
Top banks keen to share project loan for Adani EnterprisesBank of Baroda (BoB), Punjab National Bank (PNB), Union Bank of India, Central Bank of India, ICICI Bank and Axis Bank have either committe...
Adani Group to commission $4-billion petchem project by next yearThe Adani Group will commission the first phase of a $4 billion PVC project by December 2026, entering the petrochemicals sector. This proj...
Chemplast Sanmar pegs commissioning of Paste PVC Expansion project in current fiscalChemplast Sanmar Ltd announced its expectations to commission its Paste PVC expansion project by the fourth quarter of the current financia...
Adani Group clarifies on Gujarat petchem project, says financial closure likely in 6 monthsThe Adani group said that it is hopeful of obtaining financial closure for the Mundra petchem project in Gujarat in next six months post wh...
Adani group says Rs 34,900 cr petrochem project to start after securing financial closureThe conglomerate, hit by allegations around corporate misgovernance, said it has decided to put on hold the major equipment procurement and...
Adani Group suspends work on $4 bn coal-to-PVC plantThe development comes after short-seller Hindenburg Research accused the conglomerate of fraud, triggering a rout in the group's shares and...
Hindenburg fallout: Adani Group suspends work on petrochem project worth Rs 34,900 croreThe group's flagship Adani Enterprises Ltd (AEL) had in 2021 incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd for setting up a ...
Ta’ziz and RIL sign shareholder agreement for Ruwais chemicals projectThe joint venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) production facility, wi...
Chemplast Sanmar reports revenues of Rs 1452 crore in the third quarter; up by 33%The company which reported its results on Saturday said EBITDA grew 25% year-on-year to Rs. 353 crore while profits too for the third quart...
- Chemplast Sanmar’s Rs 600 cr PVC plant goes on stream
Chemplast Sanmar began trial production at its greenfield PVC (poly vinyl chloride) plant at Cuddalore on September 9, 2009, making the fla...
- Govt's infra push lifts PVC prices
Rising commodity prices typically leads to a fall in demand from the user industry. Not so in the case of polyvinyl chloride (PVC), which h...
- TCI Sanmar Chemicals achieve fin closure for its $ 868 mn Egypt project
Sanmar group has said TCI Sanmar Chemicals LLC achieved financial closure on March 30 for its $ 868 million VCM\PVC project at Port Said in...
- Chemplast to invest Rs 100 cr on environ projects
Chemplast Sanmar, a leading manufacturer of PVC and caustic soda, is investing an additional Rs 100 crore for achieving zero discharge of e...