Goa Carbon temporarily suspends operations at Bilaspur unit Goa Carbon Ltd has announced that the operations at the Company’s Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chhattisgarh) has been temporarily shut down for maintenance work from 19th January 2023. Meghmani Finechem updates on expansion of CPVC Resin The Board of Directors of Meghmani Finechem Ltd has approved the expansion of an additional 45,000 TPA production capacity of Chlorinated Polyvinyl Chloride Resin (CPVC Resin) plant at Dahej, Gujarat. Considering the above, Chlorinated Polyvinyl Chloride Resin (CPVC Resin) of Meghmani Finechem Limited (MFL) now stands at 75,000 TPA. The funding of Rs.250 Crores will be raised through internal accruals and borrowed funds. Asahi Songwon Colors announces maintenance shutdown at Padra plant Asahi Songwon Colors Ltd has decided to take planned maintenance of company’s Blue Pigment plant at Padra, Vadodara with immediate effect. However, ...

LG Chem announced that it had signed a Heads of Agreement (HOA) for the establishment of a hydro-treated vegetable oil (HVO) joint venture on September 2nd at the Dansuk Industrial headquarters in Siheung, Gyeonggi-do, in the presence of executives from both companies, including Kug Lae Noh, President of the Petrochemicals Company, and Seung-Wook Han, CEO of Dansuk Industrial. The two companies will sign the definitive agreement in the first quarter of next year and aim to complete the construction of the production plant by 2024. This is the first time that an HVO plant will be built in Korea, and this plant is one of 10 new plants at the Daesan Complex recently announced by LG Chem. HVO is a next-generation bio-oil produced through hydro-treatment of vegetable raw materials such as waste cooking oil and palm by-products. It has superior non-freezing properties even at low temperatures, so it can be used not only for vehicles but also for aviation fuel and petrochemical raw materials...