Latest Chemical Sector News & Updates

New Delhi, July 8 (IANS) The Ministry of Coal has invited applications under the Scheme for Promotion of Surface Coal/Lignite Gasification Projects, approved by the government in May this year with a total financial outlay of Rs 37,500 crore, according to an official statement issued on Wednesday.The scheme is a major initiative aimed at promoting surface coal and lignite gasification projects, thereby enhancing value addition, reducing import dependence, and supporting India’s vision of achievi…

New Delhi, Jan 15 (IANS) Indian chemical companies should transform into global-scale institutions by pivoting from quantity-based metrics to solving chemistry problems for customers, a report said on Thursday.A new report from Boston Consulting Group (BCG) urged chemical companies to integrate into capex super cycles early to capture returns in the 2030s, along with many other recommendations to improve growth.With the domestic market projected to exceed USD300 billion by 2030, incremental grow…