Indian Oil Takes Another Big Leap, Announces New PX and PTA Plant Capacities to Strengthen its Textile Raw Materials Sector
On Sunday, India’s petrochemical giant, Indian Oil Corp. (IOCL) gave a nod for an investment of INR 13,805 crore towards setting up a plant in Odisha's seaport city of Paradip, solely ... Read More
Aug/2020Aarti Drugs Ltd. Soar in FY20, China Factor to Prove a Big Hit for the Indian Company Post the COVID-19 Period
Out of several sectors which touched their new heights during the COVID-19 period, Indian pharma and Active Pharmaceutical Ingredient (API) industries are on the cloud nine. India’s Aarti ... Read More
Jul/2020Indian Refiners Hit Again by Market Slowdown, Impose Throughput Cuts to Support Fading Margins
Slowed fuel demand and globally contracted refining margins have led major Indian Refiners opt for curtailed operations at their crude processing units and go for maintenance turnarounds. India&... Read More
Jul/2020Sinopec to Induce Maintenance Turnaround at Ethylene Plant from 1st August
Sinopec, China’s leading petrochemical and chemical company has announced to shut its Ethylene plant for maintenance from 1st August to 14 September 2020. The plant is like... Read More
Jul/2020GAIL to Add a Massive Polypropylene Storage Unit at its New Unit at Pata Petrochemical Complex
GAIL (India) Ltd has revised its petrochemical expansion plan of Pata petrochemical complex and has decided to add some offsite storage facilities to ensure efficient feedstock and product stora... Read More
Jul/2020BPCL Likely to Resume Operations in Crude Unit of Kochi Refinery by July End
After a three-week maintenance turnaround, Bharat Petroleum Corporation Limited (BPCL), one of the largest state refiners in India, have planned to restart operations in 200000 bpd crude unit in... Read More
Jul/2020