ChemDraw

🌱 Strong Growth for Dharmaj Crop Guard in Q2 FY25! 🌱 Dharmaj Crop Guard has reported a remarkable 18% growth in profit after tax (PAT), reaching Rs. 21 crore for Q2 FY25! This reflects the company's ongoing commitment to innovation and its growing footprint in the agrochemical industry. Key highlights: Revenue: A substantial growth driven by strategic investments and operational efficiencies. Market Position: Strengthened as a major player in providing sustainable solutions for the agriculture sector. #DharmajCropGuard #Agriculture #Q2FY25 #BusinessGrowth #Agrochemicals #SustainableAgriculture #IndianEconomy

Thermax Secures Rs. 516 Crore Greenfield Energy Project in Botswana Thermax Babcock & Wilcox Energy Solutions (TBWES) has won a significant order worth Rs. 516 crore for the second phase of a greenfield energy project in Botswana. The project involves the supply and installation of two 550 TPH CFBC boilers, further strengthening the energy infrastructure in the region. Thermax’s advanced technology and expertise in sustainable energy solutions continue to play a pivotal role in Southern Africa’s power generation initiatives

BASF Strengthens Amines Production with New Alkyl Ethanolamines Plant in Antwerp BASF has officially inaugurated a new alkyl ethanolamines (AEOA) production plant at its Antwerp Verbund site. This expansion increases its global AEOA capacity by nearly 30%, supporting key applications like gas treatment, water treatment, and coatings. The move highlights BASF’s ongoing commitment to sustainable growth and innovation in the amines market, enhancing its global supply network across Belgium, Germany, the U.S., and China. This new facility solidifies BASF’s position as a leading supplier of alkyl ethanolamines.

Asahi Kasei and De Nora Partner to Revolutionize Small-Scale Hydrogen Production Asahi Kasei and De Nora have announced a groundbreaking partnership to develop and commercialize small-scale, containerized electrolyzers for hydrogen production. This collaboration aims to enhance the accessibility and efficiency of hydrogen as a clean energy source. By combining Asahi Kasei's expertise in advanced materials with De Nora's cutting-edge electrolysis technology, the two companies are poised to make significant strides in decentralized hydrogen production. This innovation is set to support the global shift towards sustainable energy solutions and bring us closer to a greener future. #HydrogenEnergy #CleanTech #Sustainability #Innovation #EnergyTransition

Dow-Mitsui Polychemicals Launches Biomass EVA and LDPE, Advancing Sustainable Plastics Dow-Mitsui Polychemicals has begun marketing biomass-based ethylene vinyl acetate (EVA) and low-density polyethylene (LDPE) as of September 2024. With the same properties as conventional petroleum-derived resins, these materials offer a seamless transition for industries, while significantly reducing greenhouse gas emissions. This initiative aligns with their goal of contributing to a more sustainable plastic production cycle. PT Mitsui Chemicals Polyurethanes Indonesia #Sustainability #GreenChemistry #Bioplastics #Innovation #GHGReduction #DowMitsui #BiomassEVA #LDPE

🌍 LanzaTech & SEKISUI Chemical Innovate Waste-to-Ethanol Solutions in Japan! LanzaTech and SEKISUI Chemical sign a Master License Agreement to develop commercial-scale plants that transform municipal and industrial waste into ethanol. These facilities will divert waste from landfills, reduce reliance on fossil fuels, and produce sustainable feedstocks like ethanol for aviation fuel and other materials. This collaboration marks a major step towards a circular carbon economy and sustainable future!

Koch Ag & Energy Solutions Expands with $3.6 Billion Acquisition of OCI’s Fertilizer Plant Koch Ag & Energy Solutions (KAES) has successfully acquired OCI Global’s fertilizer plant in Iowa for $3.6 billion. This move strengthens Koch’s foothold in nitrogen fertilizer production, adding 3.5 million metric tons of output annually. The acquisition bolsters their North American presence, increasing market reach and flexibility to meet customer demands. With 300 new employees onboard, KAES is well-positioned for future growth.

🔄 Strategic Divestment: Evonik Completes Sale of Superabsorbents Business to ICIG Evonik has officially completed the sale of its superabsorbents business to the International Chemical Investors Group (ICIG), marking a significant move in the company's strategic transformation. This sale aligns with Evonik's focus on high-margin specialty chemicals, allowing them to sharpen their portfolio and strengthen their position in the market. The divestment includes production sites across Germany and the U.S., reflecting Evonik's commitment to its long-term growth strategy. As the specialty chemicals sector continues to evolve, such strategic decisions are essential for companies aiming to remain competitive and focused on innovation.

PPG Expands Malaysian Plant Operations to Include Low-Friction Coatings Manufacturing PPG is advancing its manufacturing capabilities with the expansion of its Malaysian plant to include the production of low-friction coatings. This significant development highlights PPG's ongoing commitment to innovation and sustainability, allowing the company to better serve the growing demand in the Asia-Pacific region. Low-friction coatings play a crucial role in reducing energy consumption and extending the lifespan of critical components, making them essential in various industries. PPG's investment in this area reflects its dedication to providing high-performance, environmentally-friendly solutions. #Coatings #Sustainability #Manufacturing #Innovation #PPG #AsiaPacific #IndustrialCoatings

Pioneering Green Hydrogen: Lhyfe, OX2, and Velarion Unite in Ånge Municipality Lhyfe, OX2, and Velarion are spearheading a groundbreaking green hydrogen industrial cluster in Ånge municipality. By harnessing wind power, this initiative aims to produce up to 100 tonnes of green hydrogen per day, paving the way for carbon-neutral industrial solutions. This collaboration not only enhances local sustainability but also positions Ånge as a key player in the global green energy transition, attracting further industrial investments and job creation in the region. #GreenHydrogen #Sustainability #RenewableEnergy #Innovation #IndustrialCluster