Latest news with #PCL
NBC Sports
4 days ago
- Sport
- NBC Sports
DeMarvion Overshown provides positive medical update
Cowboys linebacker DeMarvion Overshown tore the ACL, MCL and PCL in his right knee in Week 14, which put his entire 2025 season in jeopardy. Overshown always has had a positive outlook, and it appears the medical staff has given him a positive update. 'Good news from the Doc! We getting active THIS szn,' Overshown wrote on Instagram. It remains to be seen when that will be. Overshown will start training camp on active/physically unable to perform and likely will move to reserve/PUP before the season as he continues his rehab into the season. He tore the ACL in his left knee in the preseason before his rookie season in 2023, missing the season. In 13 games last season, Overshown totaled 90 tackles, an interception, five sacks, four passes defensed and a forced fumble.
Business Standard
11-07-2025
- Business
- Business Standard
Deepak Fertilisers, PCL sign long-term regasification pact with Petronet LNG
Deepak Fertilisers & Petrochemicals Corporation, along with its step-down subsidiary Performance Chemiserve (PCL), has entered into a long-term regasification agreement with Petronet LNG (PLL), India's leading LNG infrastructure company. Under the terms of the agreement, Petronet LNG will regasify approximately 25 TBTUs of LNG annuallyafter an initial ramp-up periodprimarily at its Dahej terminal. The regasified gas will be supplied mainly to Deepak Fertilisers and PCLs manufacturing units in Taloja for internal consumption. According to an exchange filing, the contract will be executed over a period of five years. This agreement will help the company and PCL ensure the logistical and commercial arrangements required to receive imported LNG at their manufacturing facilities via the existing national gas grid in Taloja, Mumbai, supporting the delivery of their integrated gas-to-ammonia-to-chemicals value chain strategy. With this last-mile regasification contract, the company said it would be strategically positioned to deliver a full value chainfrom gas to ammonia to building-block nitric acid and further downstream to products such as NPK fertilizers, industrial chemicals, and mining chemicals. The company emphasized that its forward integration journey toward delivering customised solutions and specialised products would gain further foundational strength from this end-to-end arrangement. It also expects this tie-up to support a risk-mitigated and value-accretive product portfolio aligned with India's long-term growth story. Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among the Indias leading manufacturers of industrial chemicals and fertilisers. With a strong presence in technical ammonium nitrate (mining chemicals), industrial chemicals and crop nutrition (fertilisers), the company supports critical sectors of the economy such as infrastructure, mining, chemicals, pharmaceutical and agriculture. Petronet LNG was formed to develop, design, construct, own, and operate liquefied natural gas (LNG) import and regasification terminals in India. Shares of Deepak Fertilisers and Petrochemicals Corporation rose 0.01% to Rs 1,580, while shares of Petronet LNG declined 1.72% to Rs 300.05 on the BSE.
Time of India
10-07-2025
- Business
- Time of India
Petronet LNG signs ₹1,200 crore regasification pact with PCL for 5.5 years
New Delhi: Petronet LNG Ltd (PLL) has signed a long-term regasification agreement with Performance Chemiserve Ltd ( PCL ), a Deepak Fertilisers and Petrochemicals Corporation Ltd ( DFPCL ) group company, for approximately ₹1,200 crore over a 5.5-year period. The agreement, signed on July 10, 2025, provides for PLL to receive, store, and regasify around 25.6 trillion British thermal units (TBTUs) of imported liquefied natural gas (LNG) per year at its Dahej terminal in Gujarat. The regasification is scheduled to commence between May and July 2026 after an initial ramp-up period and will continue until December 31, 2031. The deal is expected to generate additional revenue of up to 20 per cent beyond the base amount over the agreement period. According to PLL, the gas will be utilised by DFPCL group's manufacturing units at Taloja. PCL is a wholly owned subsidiary of Deepak Mining Solutions Ltd (DMSL), which in turn is a wholly owned subsidiary of DFPCL. The DFPCL group manufactures fertilizers and industrial chemicals using natural gas as feedstock. "This agreement marks a major milestone in our long-term vision to create a strong, reliable, and efficient supply chain—from natural gas to value-added downstream products," said Sailesh C. Mehta, Chairman and Managing Director, DFPCL. Petronet LNG is currently operating two LNG terminals at Dahej and Kochi with a combined regasification capacity of 22.5 million tonnes per annum. It handled around 18 MMTPA LNG during FY2024-25, accounting for about 66 per cent of India's LNG imports and 43 per cent of the country's regasification capacity. Welcoming DFPCL to its list of partners, PLL MD & CEO A. K. Singh said, 'Such collaborations not only augment utilisation of our expanded regasification capacity but also contribute meaningfully to the nation's energy security and industrial growth.' The agreement follows DFPCL's earlier LNG supply pact with Norway's Equinor for long-term gas sourcing .
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Business Standard
10-07-2025
- Business
- Business Standard
Deepak Fertilisers inks pact with Petronet LNG for regasification
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday entered into a long-term pact with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). DFPCL, along with its step-down subsidiary Performance Chemiserve Ltd (PCL), have entered into the agreement for a period of five years. Under the terms of the agreement, Petronet LNG will regasify approximately 25 TBTUs (Trillion British Thermal Units) of LNG annually, post an initial ramp-up period, primarily at its Dahej terminal, DFPCL said in a regulatory filing. The regasified gas will be primarily supplied to the company and PCL's manufacturing facilities units at Taloja, Mumbai, for internal consumption, it said. With the last mile regasification contract, the company will be uniquely placed to deliver a value chain right from gas to Ammonia to Building Block Nitric Acid, taking it right up to the downstream final products such as NPK fertilisers, industrial chemicals and mining chemicals.
Business Standard
10-07-2025
- Business
- Business Standard
Petronet LNG and Performance Chemiserve sign regasification services agreement
Performance Chemiserve (PCL), a wholly owned subsidiary of Deepak Mining Solutions (DMSL) which is a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation (DFPCL) and Petronet LNG (PLL) have entered into a 5.5 years (commencing between May 2026 July 2026 and ending on 31st December 2031) agreement for the regasification of Liquefied Natural Gas (LNG) to be imported by DFPCL group. Under the terms of the agreement, PLL will receive, store and regasify approximately 25.6 TBTUs of LNG annually, post an initial ramp-up period in calendar year 2026, at its Dahej terminal. This agreement will generate revenue of about Rs. 1200 crore for PLL with an upside potential to generate an additional revenue of upto 20%, over the contract duration. The regasified gas will be primarily utilised in manufacturing units of DFPCL group at Taloja. This agreement further expands the long-term business horizons of PLL, an energy & infrastructure company. PLL handled around 18 MMTPA LNG in FY 2024-25 through its two terminals with Dahej being the flagship and one of the busiest regas terminals in the world. Earlier, an LNG Sale and Purchase Agreement was signed by DFPCL with Equinor, a global energy major headquartered in Norway. Now, the regasification agreement has been signed between PLL and PCL, a leading producer of fertilizers and industrial chemicals using natural gas and a DFPCL group company. These agreements reinforce DFPCL Group's strategic position across the value chainfrom Natural Gas to Ammonia, further downstream into Building Block Nitric Acid and into a diversified portfolio of NPK fertilisers, industrial chemicals, and mining chemicals.
