Chemical

LANXESS to increase prices for ion exchange resins

ChemicalMarch 15, 2011

LANXESS to increase prices for ion exchange resins

Specialty Chemicals Company LANXESS is to increase its prices for Lewatit and Ionac ion exchange resins by up to 10 percent globally. The price increases, which will take immediate effect, are due to the increasing cost of utilities, transportation a

Camlin Fine Chemicals acquires Italy\'\'s Borregaard

ChemicalMarch 10, 2011

Camlin Fine Chemicals acquires Italy\'\'s Borregaard

Camlin Fine Chemicals announced that it has successfully closed the deal on March 09, 2011 for acquiring Borregaard, Italy S.p.A..The company, however, did not disclose the size of the deal and details of the acquisitions.

Fitch upgrades Kiri Dyes to \'BBB+(ind)\'

ChemicalMarch 10, 2011

Fitch upgrades Kiri Dyes to \'BBB+(ind)\'

Fitch Ratings has upgraded India-basedKiri Dyes and Chemicals (KDCL) National Long-term rating to BBB+(ind) from \'BBB(ind)\'. The outlook is positive.

ICRA upgrades Deepak Nitrite ratings

ChemicalMarch 10, 2011

ICRA upgrades Deepak Nitrite ratings

ICRA has upgraded the long-term rating assigned to the term loans and fund based facilities of Deepak Nitrite (DNL) aggregating to Rs 321.6 million (reduced from Rs 706.5 million) and Rs 1.362 billion (enhanced from Rs 1.262 billion) respectively fro

Air Products increases prices for epoxy additives

ChemicalMarch 08, 2011

Air Products increases prices for epoxy additives

Air Products recently announced that, effective April 1, 2011, or as contracts allow, it will increase prices globally by up to five percent for its range of epoxy curing agents, accelerators and adhesion promoters, and up to 10 percent for diluents

United Phosphorus to acquire 50% stake in Sipcam Isagro Brazil

ChemicalMarch 08, 2011

United Phosphorus to acquire 50% stake in Sipcam Isagro Brazil

United Phosphorus Limited (UPL) has entered into an agreement to acquire a 50 percent stake in Sipcam Isagro Brazil (SlB) from Isagro. Sipcam Isagro Brazil is a 50:50 joint venture between Sipcam-Oxon group(Sipcam) and Isagro. This stake sale to UPL

Insecticides India acquires Monocil Brand

ChemicalMarch 08, 2011

Insecticides India acquires Monocil Brand

Insecticides (India), an agrochemicals manufacturing company has acquired Monocil, Indias most popular agro chemical brand & highly accepted among the farming community since years. Monocil is a systemic insecticide cum acaricide with contact and sto

Bayer MaterialScience inaugurates new polyisocyanates unit in India

ChemicalMarch 01, 2011

Bayer MaterialScience inaugurates new polyisocyanates unit in India

Bayer MaterialScience has inaugurated a manufacturing facility for polyisocyanates at Ankleshwar, in the state of Gujarat, India. Polyisocyanates are used as raw materials for the production of polyurethane coatings and adhesives. With the investment

BASF in excellent shape and optimistic for 2011

ChemicalFebruary 28, 2011

BASF in excellent shape and optimistic for 2011

BASF has registered over two-fold growth in net income at 1.1 billion euros ($1.51 billion) in the fourth quarter of 2010, driven by strong sales in Asia and robust performance of its chemical unit. At the company's annual press conference, Dr. Jí¼

Nova Chemicals announces definitive agreements for ethane supply for its Joffre

ChemicalFebruary 25, 2011

Nova Chemicals announces definitive agreements for ethane supply for its Joffre

Nova Chemicals today announced the execution of definitive agreements with Hess Corporation (Hess) and Vantage Pipeline Canada Inc./Vantage Pipeline US LP (Vantage) to purchase and transport ethane production from Hess' Tioga Gas Plant in North Dak