BP Enters into Strategic Partnership with Chinese PET Producer CRC

BP plc has entered into a strategic agreement with China Resources Chemical Innovative Materials Holdings Limited (CRC). CRC is China’s one of the leading producers of PET (polyethylene te... Read More


Covid-19 Delays Nippon Shokubai And Sanyo Chemical Merger

Japanese Nippon Shokubai and Sanyo Chemical Industries have recently declared in their board meeting to postpone their merger agreement and joint venture formation due to the pandemic. The compa... Read More


China's GCL, Shell sign preliminary deal on LNG trading joint venture

GCL Oil & Natural Gas Co Ltd, a private energy and power firm and Royal Dutch Shell have entered into an agreement to explore setting up a joint venture based in eastern China to market aime... Read More


Saudi Aramco Approaches Government of India for Land Allotment

Saudi Aramco is seeking approval of the Indian government over obtaining land in Maharashtra for its proposed INR 4 lakh crore mega refinery and petrochemicals complex. The associated consortium... Read More


Reliance Industries to Invest INR 5 Billion in Alok Industries

Alok Industries Limited, an Indian certified Textile manufacturing company that has its roots in Mumbai and export business spread over 90 countries, faced a major setback in 2017. Failure to re... Read More


Pidilite’s Acquisition of Majority Stake in Tenax India to Diversify its Reach in the Global Market

Pidilite, a renowned Indian manufacturer of adhesives, construction chemicals and specialty chemicals entered into an agreement with Tenax India Stone, an Indian subsidiary of Tenax, Italy for a... Read More