Chemical

Givaudan to acquire French biotech firm Alderys

ChemicalMay 28, 2020

Givaudan to acquire French biotech firm Alderys

Givaudan today announced the acquisition of Alderys as part of its long term strategy to expand its capabilities in bio-engineering technologies.

Symrise opens flavors and fragrances plant in China

ChemicalMay 28, 2020

Symrise opens flavors and fragrances plant in China

Symrise AG has opened its new production site for flavorings and fragrances in Nantong, China. The company invested € 50 million in the construction of the plant.

UFlex partners with IIT-Delhi for developing PPE kit

ChemicalMay 28, 2020

UFlex partners with IIT-Delhi for developing PPE kit

The protective coverall is made from a combination of Non-Woven Polypropylene Fabric and further impregnated with Anti-Microbial PP Coating through a special process to increase the breathability.

Perstorp enters fertilizer market with chloride free potassium product

ChemicalMay 27, 2020

Perstorp enters fertilizer market with chloride free potassium product

Perstorp is entering the fertilizer market through the launch of Amicult K42. This chloride-free potassium source is shown to have a high solubility and absorption rate, without increasing salinity or clogging foliar and drip irrigation systems.

Saint-Gobain sells Sika stake to institutional investors

ChemicalMay 27, 2020

Saint-Gobain sells Sika stake to institutional investors

As a result of this disposal, Saint-Gobain has generated gross gains of €1.54 billion since May 2018.

Deepak Nitrite posts 8% growth in Q4FY20 revenues; elevates Maulik Mehta as ED & CEO

ChemicalMay 27, 2020

Deepak Nitrite posts 8% growth in Q4FY20 revenues; elevates Maulik Mehta as ED & CEO

Deepak Nitrite Limited has announced its financial results for Q4FY20 whereby the revenues stood at Rs. 526 crore as against Rs. 488 crore in Q4FY19, higher by 8% Y-o-Y. PAT stood at Rs. 116 crore in Q4FY20, as against Rs. 57 crore in Q4FY19, registering growth of 106% on a y-o-y basis.

LG Chem to conduct safety checks at global sites

ChemicalMay 27, 2020

LG Chem to conduct safety checks at global sites

LG Chem said on Tuesday that it will conduct a thorough safety inspection of its 40 factories worldwide for a month, after the company was hit by two recent deadly incidents at manufacturing plants in India and South Korea.

CAB declines in May, says ACC

ChemicalMay 27, 2020

CAB declines in May, says ACC

The Chemical Activity Barometer (CAB) a leading economic indicator created by the American Chemistry Council, fell 5.4 percent in May on a three-month moving average (3MMA) basis following a 5.4 percent decline in April. On a year-over-year (Y/Y) basis, the barometer fell 12.4 percent in May.

Zuari Agro resumes operations at its NPK-A plant

ChemicalMay 27, 2020

Zuari Agro resumes operations at its NPK-A plant

Zuari Agro Chemicals Limited NPK-A Plant at Zuarinagar, Goa has resumed operation with effect from May 25, 2020.

Elkem changes corporate structure and top management

ChemicalMay 26, 2020

Elkem changes corporate structure and top management

Going forward, Elkem will have three business divisions: Silicones, a fully integrated silicones producer; Silicon Products, a provider of silicon, ferrosilicon and related specialty products; and Carbon Solutions, a supplier of electrode paste and speciality products to the ferroalloys, silicon and aluminium industries.