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Petronas and Scomi Oiltools Sdn Bhd,, have signed two agreements for collaboration in research, development and marketing of chemical solutions.
Public float may come around September or October 2020
Pune-based Indigo Paints is looking to raise ₹500-800 crore through an IPO next year.
Hanwha Total to restart its styrene monomer (SM) capacity this weekend, a week after it restarted its 1.09mn t/yr naphtha cracker at Daesan.
Vitol, the world’s largest independent oil trader, has started building a small oil refinery in Malaysia that will provide low-sulfur fuel for ships, a senior company official said.
Reliance Industries said it has signed pacts with overseas lenders to avail long-term loans of $1.85 billion (about Rs 12,900 crore) to finance its capital expenditure.
Stocks of domestic tyre manufacturers rose after the government imposed a countervailing duty on particular type of tyres imported from China for a period of five years.
International cooperation on crude production has helped stabilise oil markets and is more important now than ever, Russian Energy Minister Alexander Novak said.
Market is buzz with speculation that Emami may sell controlling stakes in some other group companies, including the paper and cement business, to lower their debt burden of nearly Rs 2,200 crore.
Tata Steel Group has teamed up with Aarti Green Tech, a unit of the Ludiana-based Aarti Steels, to put up India's first scrap recycling plant in Rohtak.
Malaysia’s Petronas plans to spend roughly $6 bn over the next 15 to 20 years to expand its specialty chemicals portfolio through acquisitions and partnerships, the unit’s chief executive said.
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