The maiden long term contract between Indian Oil Corporation and Rosneft is in line with India’s strategy for diversifying the country’s crude oil supplies from non-OPEC countries. The move is also expected to bring about price stability and energy security for the Asian nation.

LSB plans nitric acid and nitric acid concentrator plants in El Dorado, Arkansas, USA. The plant operator has already selected Leidos to construction management services for around US $ 82.7 million.

Hima keeps redefining the benchmark for safety technology with its safety solutions — ever since the company developed its first safety controller in 1970, “Safety without compromise” has been the motto that Hima from Brühl/Germany has always followed. Since then, the company has defined Smart Safety as its core competence and has helped shape the industry with pioneering innovations. Despite now having a global presence, Hima has preserved its status as a medium-size company and is still family-run, now in the fourth generation.

Biomotiv and Bristol-Myers Squibb Company announced the launch of Anteros Pharmaceuticals, a biotechnology company focused on developing a new class of drugs for fibrotic and other inflammatory diseases.

Valuable chemicals in waste aqueous streams often go down the drain as treatment of effluent has always been considered a cost. However, with the advent of new technologies today, it is possible to cost-effectively recover chemicals from effluents in a pure form that can be recycled to reap huge gains.

Clariant has introduced new activated bleaching earth products for the EMEA edible oils and biofuels market and has also invested in additional production capacity at its Spanish plant. The move has been undertaken to ensure shorter lead times and better service for its EMEA customers.

Bharat Petroleum Corporation (BPCL) has chosen Fluor for its Polyols Petrochemicals project located at the firm’s existing refinery and petrochemical complex in Kerala. On completion, the complex is expected to produce propylene glycol, ethylene glycol and various grades of polyols.

China’s first private-led refinery complex in the eastern province of Zhejiang is expected to start operations in 2020, Reuters cites China Securities News.

Corden Pharma announced the completion of its newest early development suite for highly potent, oral solid dosage products in Plankstadt.

CO2 Solutions’ proprietary technology is based on a unique enzymatic CO2 capture process that can claim no usage or emission of toxic products. Saipem has also obtained the CO2 capture plant in Saint-Félicien, Québec.