Petrochemicals Current Affairs, GK & News

GoI revamps PCPIR Policy

On June 25, 2020, the chemicals and Fertilizers Advisory Forum meeting was held. The meeting was chaired by the Union Minster of Chemicals and Fertilizers Shri Sadananda Gowda. Highlights This was the second meeting attended by the members of the forum. The forum members during the meet discussed possible ways to realize Atma Nirbhar Bharat ..

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Chemical Industry becomes the Top Exporting Sector in the Country for the First Time

For the first time ever, India’s chemical and petrochemical industry has become the top exporting sector in the country. About India’s chemical industry has become the top exporting sector in the country for the first time in its history- registering an exports’ growth of 7% to 2.68 lakh crore INR in the April to January ..

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Reliance Industries Limited (RIL) First Indian Company to exceed Rs 10 Lakh Crore M-cap

The largest publicly traded multinational conglomerate company in India in terms of market capitalization(m-cap), Reliance Industries Limited (RIL) became the first Indian company to cross Rs 10 Lakh Crore market capitalization on Thursday, November 28, 2019. Reliance Industries was founded on May 8, 1973, by Dhirubhai Ambani is engaged in businesses across India in petrochemicals, ..

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IIT Madras converts petroleum waste toluene into useful product

Using platinum nanocatalyst, a two-member team at the IIT Madras has successfully converted petroleum waste-product toluene into benzoic acid. Benzoic acid is used as a food preservative (E210) and medicine for fungal/bacterial infection. Toluene is converted into benzoic acid through selective and controlled oxidation in the presence of a catalyst — binaphthyl-stabilised platinum nanoparticles (Pt-BNP). ..

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Houston disaster contaminates the ship channel

The oil by products, toxic gasoiline of the Houston petrochemical accident have been washed into the sea.This has affected the ship channels in the bay. The fire that burnt for 3 days in the Houston petrochemical accident has already caused enough damages to the surrounding. At the 6th day of the incident it is emitting ..

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