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       VOL. LXIX / May 14, 2024 / NO. 42

              Point of View

        Petrochemical value chains are filling up, but the industry still has a long way to go       131
               Top Stories
        BASF expands e-coat manufacturing facility in Mangalore                                      134
        SEA of India sets up forum to spearhead supply of sustainable castor oil                     136
        India may become third largest market for utility-scale batteries by 2030: IEA               138
        Nitta Gelatin breaks ground for collagen peptide expansion project                           140
        Govt. working on new policy to promote critical minerals                                     142
        Lanxess drives sustainable change in Jhagadia through its CSR initiatives                    144
        BASF launches new insecticide based on novel chemistry to control sucking pests              146
        Inox Air Products to supply green hydrogen to Asahi India Glass’ Chittorgarh plant           148

              Pharmaceuticals

        Event on pharma quality management organised in Mumbai                                       150
        Bayer acquires remaining 25% stake in jv with Zydus Lifesciences                             152
        State licensors’ power to issue NOC for drug exports revoked                                 153

              Hydrocarbons
        ‘India’s natural gas consumption to surpass 64-bcm in 2024’                                  155
        Share of Russian crude in India’s imports rises to nearly 40% in April                       156
        India to lead liquids storage project count in Asia through 2028: Report                     157
        IOC’s Q4 net profit down by half                                                             158
              News from Abroad                                                                       165



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