The company will be responsible for the expansion of the ethylene oxide and ethylene glycol (EOEG) facilities and auxiliary units
In addition to the ethane cracker, with capacity of 1 mn tonnes of ethylene, Lotte Chemical will construct an adjacent plant to produce 700,000 tonnes of ethylene glycol
In the new role, Talreja will develop and execute the commercial strategy for the South Asia, Middle East and Africa (SAMEA) region
The 15 mn tpa Tuban project will run on imported crude and will house a large fuel oil catalytic cracker and a petrochemical complex
Trimethylindium (TMI) is one of the metal organics (MOs), which are required for making compound semiconductors used in the production process for LED and laser diodes (LDs)
The company has expanded its cementitious products manufacturing capacities to serve growing construction market demand in the country
According to the industry body, there is no dumping of flexible slabstock polyol in India and, at the same time, domestic production is not enough to cater to local demand
The expansion will help the company meet growing domestic demand - driven by the petrochemical and power sectors - for its marine and protective coatings products
The LAO unit capacity will be 420,000 metric tonnes per annum (tpa), 20 percent larger than when the project was originally announced
With this move, the company will focus on supplying GreenCrest polymeric fire safety solutions
Acquisition will strengthen Evonik's position in the high-margin specialty & coating additives market