Madhucon Projects today said it has received a Rs 422 crore EPC order from Bharat Coking Coal. The order is for "hiring of HEMN. Madhucon Projects gets Rs 422 crore order

HPCL is expected to commission 180,000 barrels per day (BPD) Bathinda refinery in northern Punjab state by March 31, 2012HPCL to commission Bathinda refinery by March '12

Citing threats to habitation, the Centre today refused clearance to Chennai Petroleum Corporation Ltd's Rs 126 crore ambitious plan to lay a new crude oil pipeline.Environment Ministry refuses clearance to Chennai Petro pipeline

The cash-starved company, co-promoted by the West Bengal govt may float a request for a proposal from global firms for project Butiene-1 by Friday.Haldia Petrochemicals eyes two projects to beat financial crisis

Haldia Petrochemicals Ltd (HPL) is trying to enhance its focus on the eastern market along with widening its product range by including low-density polyethylene (LDPE).Haldia Petrochemicals talking to RIL for market segregation

The company has acquired a 51% stake in DVA Agro Do Brasil from Germany's DVA Group and other shareholders, UPL said in a statement. United Phosphorus acquires 51% stake in Brazil's DVA Agro for $150 mn

The company is also in the process of reviving its $10-bn refinery-cum-petrochemical project in Visakhapatnam and is in talks with various firms to enter into a joint venture partnership. HPCL plans to raise $300 million to fund expansion

HPL has got a shot in the arm following the waiver of import duty on the naphtha but it will wait for the viability of its unit to be restored before making future investments.HPL to wait for viability before making further investments

Dhunseri Petrochem & Tea Ltd (DPTL) has recently laid the foundation stone of its Egyptian PET resin subsidiary, Egyptian Indian Polyester Company (EIPET).Dhunseri Petrochem lays foundation stone of Egypt plant

Samsung Engineering Co. has said that it has won a USD 230 million order to build a high-density polyethylene (HDPE) plant in western India.Samsung Engineering wins USD 230 mln order from India

RPG Group's bid to acquire Germany-based Evonik Industries' $1.2-billion carbon black business is falling apart after the Kolkata-based conglomerate's talks to forge a joint bid with private equity (PE) partners failed, banking sources directly familiar with the development said. RPG may give up $1bn Evonik bid

With the growth in consumption, plastic production in India is likely to grow by 60% to touch 12.75 million tonne by 2012, according to a industry body.Plastic output may touch 12.75 mn tonne by 2012: Industry body

Reliance Industries, which registered its highest quarterly profit in nearly three years in the July-September period, sees an improvement in refining and petrochemical margins next year, Chief Financial Officer Alok Agarwal said.Refining, petrochem margins to improve next year: RIL

The Rs 752-crore Tide Water Oil (India) is scouting for acquisitions in the lubricants space and has set aside Rs 200 crore for this.Tide Water sets sights on lubricant firms

Reliance Industries's Petrochemicals manufacturing plant at Nagothane in Raigad district has received a clean-chit from AERB in connection with allegations of harmful radiation emitting from the plant. RIL's Nagothane plant gets clean-chit from AERB