Briefs: Chemplast Sanmar, ONGC, Diamines and Chemicals, Panchsheel Organics and LANXESS

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 June 18, 2024

Chemplast Sanmar commissions new Paste PVC facility at SIPCOT, Cuddalore

Chemplast Sanmar Ltd has commenced commercial production from the new Paste PVC facility set up at SIPCOT Industrial Complex, Semmankuppam Village, Cuddalore, from February 27, 2024.

ONGC incorporates wholly owned subsidiary for green energy

Oil and Natural Gas Corporation (ONGC) announced that it has incorporated a wholly owned subsidiary, ONGC Green, on 27 February 2024, with an authorized capital of Rs 100 crore and subscribed and paid up capital of Rs 1 crore.

ONGC Green engage into the business of value-chains of energy business viz. renewable energy (solar, wind, hybrid, hydel, tidal and geothermal etc.), bio-fuels/ bio-gas business, green hydrogen and its derivatives like green ammonia, green methanol, storage, carbon capture utilisation and storage and LNG business.

Diamines and Chemicals receives ISO certificate

Diamines and Chemicals Limited has received certificate of ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 from Bureau Ventas (India) Private Limited (Certification Business). It can have several impacts and relevance Such as enhanced credibility, improved efficiency, risk management, market access etc.

Panchsheel Organics approves proposal to acquire factory premises for expansion

The Board of Directors of Panchsheel Organics Limited at its Meeting held today has approved the proposal to acquire a factory premises worth of Rs. 2.90 crores approx. for expansion purpose, the proposed premises is situated at Indore and it is adjacent to existing factory premises.

LANXESS: Price adjustment for hexanediol

Specialty chemicals company LANXESS is raising its prices for 1,6-hexanediol (HDO) worldwide by EUR 500 per metric ton with immediate effect. HDO is an important precursor for high performance coatings, fibers, adhesives, polyurethanes, polycarbonate diols, and reactive diluents for epoxy resins.

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