- The Dyestuffs Manufacturers Association of India (DMAI) has sought the intervention of the finance ministry on the final findings issues by the Designated Authority of Directorate General of Anti Dumping & Allied Duties (DGAD) in the matter concerning imports of Aniline originating from European Union. In A missive to the finance ministry, DMAI has requested the ministry not to accept the final findings of DGAD. The DMAI argues that some the recommendation made by the association was not considered before taking the final decision.
- Sick units Hindustan Fertilizer Corporation Limited (HFCL) and Fertilizer Corporation of India Limited (FCIL) have submitted their draft rehabilitation schemes to Board for Industrial and Financial Restructuring (BIFR) for approval in connection with their revival.
- The Department of Chemicals and Petrochemicals (DCPC) has said that its has no objection for grant of tariff concessions to Chile in connection with the ongoing Preferential Trade Agreement (PTA) with India.
- The Ministry of Labour and Employment has sought views and comments of the Department of Chemicals and Petrochemicals (DCPC) on the National Council for Vocational Training. According to the Ministry of Labour and Employment, in compliance with the National Policy on Skill Development, 2009, a draft note for consideration of the Cabinet has been prepared to strengthen and re-engineer the National Council for Vocational Training (NCVT).
- The Indian Chemical Council (ICC) has requested the Department of Revenue in the Ministry of Finance to exempt levy of service tax on membership fees and other charges collected by clubs or associations representing any trade or industry.
- The Department of Chemicals and Petrochemicals (DCPC) has said that research and development, human resource development and technology modernisation are being addressed both at the institutional and industry levels.
- The Texas Operations of Eastman Chemical Company has received the 2012 "Sustained Excellence in Caring for Texas" award from the Texas Chemical Council (TCC.) Eastman was the only 2012 Sustained recipient among TCC member facilities with more than 500 employees.
- Chemical manufacturer Cabot has revealed plans to buy Netherlands-based activated carbon manufacturer Norit from its private equity owners for $1.1bn (£703m) to focus on higher-margin specialty chemicals.
- Mangalore Chemicals and Fertilizers Ltd (MCF) has proposed conversion of feedstock from naphtha to natural gas and fuel from furnace oil to natural gas in its fertilizer plant at Panambur in Karnataka's D K district. In its letter to the Environment and Forests Ministry, the company said it is the only major fertilizer industry in Karnataka producing and marketing over 1 million tonnes of fertilizer per annum. The total turnover of the company in 2010-11 was Rs 2500 crore
- The Indian Farmers Fertiliser Cooperative Limited (IFFCO) is promoting several production facilities abroad which may result in assured supply of fertilizers and raw materials to the country, the Department of Fertilisers (DoF) has said. According to the DoF, IFFCO is pursuing the strategy of promoting production facilities abroad.
"In this connection, IFFCO has signed an agreement with Jordan Phosphates Mines Company Ltd (JPMC) for setting up of a Joint Venture Project namely Jordan-IFFCO Company (JIFCO), for production of phosphoric acid and sulphuric acid. The project is likely to be completed by the year 2013," the DoF said.
- NPL Industries Pvt Ltd has sought environmental clearance for its proposed plant of textile auxiliaries, binders and plasticisers at Bidaj in Gujarat’s Kheda district.
- The prices of fertilisers during 2012-13 are expected to be stable, the Department of Chemicals and Petrochemicals has said. During the first year of the implementation of the Nutrient Based Subsidy (NBS)
policy, i.e. 2010-11, the prices of Phosphatic and Potassic (P&K) fertilisers increased marginally, sources in the DCPC said.
- The import of urea by manufacturers of complex fertilizers has no impact on the state exchequer as the government does not pay any subsidy for such imports.
- The government is yet to take a final decision on a proposal by the Department of Chemicals and Petrochemicals (DCPC) for revival of the closed units of Fertilizer Corporation of India Limited (FCIL) and Hindustan Fertilizer Corporation Limited (HFCL).
- SRF Ltd has proposed to expand the capacity of its existing products at its unit at Jhiwana in Rajasthan’s Alwar district. In its letter to the Ministry of Environment and Forest for environmental clearance to its proposal, the company said the production expansion will be carried out by optimisation and resizing of existing machinery.
The products manufactured by the company currently are 37,000 TPA of chloromethanes, 6,000 TPA HFC-134a plant, 2,500 TPA of fluorospeciality plants, and 12,000 TPA hydrofluoric acid plant.
- The Department of Chemicals and Petrochemicals (DCPC) has extended its support to the draft Policy Directives for Land Management by Major Ports, 2012. In its comments to the Ministry of Shipping, the DCPC said the policy will ensure that the land resources are put to their optimum land use as per approved Land Use Plan.
- The Indian Chemical Council (ICC) has suggested some items for inclusion as sensitive products in India's list under South Asian Free Trade Area (SAFTA). The Department of Chemicals and Petrochemicals (DCPC) had asked the ICC to provide its comments on pruning of India's sensitive lists for NLDCs under SAFTA.
- The Planning Commission has suggested that the Department of Fertilizers may
explore the possibility of open bidding and Expression of Interest (EoI) for
equity participation from private sector companies in connection with the revival
of Namrup Fertilizer plant in Assam. According to sources in the Department of Chemicals and Petrochemicals (DCPC), Planning Commission is of the view that the funding pattern for the project has to
be finalised before seeking 'in-principle' approval for the revival.
- Hi-Tech Carbon has proposed to set up a 120,000 MTPA carbon black unit at
Patalganga in Maharashtra’s Raigad district.
- Gujarat Alkalies and Chemicals Limited ( GACL) has reported profit after tax for the March quarter at Rs 44.21 crore against Rs.55.99 crore in the same period of the previous year. The net sales for the March quarter were Rs 422.12 crore against Rs 400.72 crore in the corresponding quarter of the previous year, the company said.