BASF SE started the production of bio-based polyol marketed, Sovermol based in Mangalore, India. This product is highly in demand to make eco-friendly products for New Energy Vehicles (NEV).
Sumitomo Chemical Co., Limited has signed an agreement with Bharat Petroleum Corporation Limited (BPCL) of India to license its production technology for propylene oxide in connection with the BPCL petrochemical plant. With a gross production capacity of approximately 840,000 barrels a day of crude oil from its four refinery complexes in India, BPCL is one of the largest government-owned oil companies in India.
Author Credits: Smruti Ranjan, Rajrani Baghel