- Green Chemistry is the discipline that is evolving in response to the wide array of challenges. According to a new report from a market intelligence agency, green chemistry represents a market opportunity that will grow from 8 billion in 2011 to $98.5 billion by 2020.
- The Department of Industrial Policy and Promotion (DIPP) has sought the comments from the Department of Chemicals and Petrochemicals (DCPC) on the draft framework for technical cooperation in matters relating to capacity building, awareness generation and human resource development in intellectual property rights with countries and international agencies.
Olympic Laminates Pvt Ltd has moved the Ministry of Environment and Forests for environmental clearance to its plans for expansion of its resin plant for manufacturing laminated sheets at its existing unit at Karoli in Gujarat'''s Gandhinagar district.- The new investment policy for urea sector has resulted in increase of indigenous urea production by approximately two million tonnes in the country through revamp of existing plants, the government has said.
Astec Life Science Limited has proposed to come up with a unit to produce herbicide products and intermediates at Mahad in Maharashtra’s Raigad district.
The Department of Chemicals and Petrochemicals (DCPC) has said that the supply of urea to tea growing states like Assam is adequate.- CRISIL’s ratings on the bank facilities of Benzo Chem Industries Pvt Ltd (Benzo Chem) continue to reflect Benzo Chem’s healthy financial risk profile, marked by a moderate net worth, a low gearing, and robust debt protection metrics, and the benefits that the company derives from its promoters’ extensive experience in the organic chemicals industry.
CRISIL’s rating on the short-term debt programme of Akzo Nobel India Ltd (ANIL) continues to reflect ANIL’s robust financial risk profile with strong liquidity, and the company’s sizeable market share and strong brand position in the decorative paints segment.
Shell Chemicals has completed a project to strengthen the flexibility of its polyol production facility in Europe. A direct result of this will be an immediate increase in CASE (coatings, adhesives, sealants and elastomers) polyol capacity from the site at Pernis in the Netherlands.- CRISIL’s ratings on the bank facilities of Roha Dyechem Pvt Ltd (RDPL) continue to reflect the company’s established market position in the food colour business, healthy operational capabilities backed by its global distribution network, and healthy financial risk profile, marked by a large net worth, low gearing, and healthy debt protection metrics
Mitsui and Co India, an Indian subsidiary of Japanese trading major, Mitsui & Co has joined hands with Indian chemical company Meghmani Group to set up a Chlorinated Polyvinyl Chloride (CPVC) manufacturing plant at Dahej. This was announced by Mitsui & Co on Monday. - Clariant is offering India’s chemical processing community new opportunities to benefit from the efficiency-enhancement and performance-boosting potential of its trusted portfolio of fine chemical building blocks and enhancers.
- A task force constituted by the government on transfer of direct subsidy in the case of fertilizers among others has recommended a phased approach for implementation of this transfer to the beneficiary.
The Dyestuff Manufacturers’ Association of India (DMAI) has called for technology upgrade for improving existing products, invent new products and for better technology for treatment of effluents.- BASF will build a new plant to produce Ultrason® polyethersulfone (PESU), one of BASF’s high-performance thermoplastics, at the company’s site in Yeosu, Korea.
The government has said that there is no current proposal under consideration of the government to invite foreign firms to invest in the closed or sick fertilizer units in order to revive them.
Glenmark Pharmaceuticals Ltd has approached the Ministry of Environment and Forests in connection with its proposed plan to set up a synthetic organic intermediates chemicals manufacturing unit at Shendra in Maharashtra'''s Aurangabad district.
After failing to achieve the required results in September, the production of urea in October has been more than the target fixed for the month, according to official figures.
German chemical giant BASF plans to strengthen its position as the world’s leading chemical company. In its further developed strategy “We create chemistry,” the company outlines how it wants to achieve this.
Shiva Pharmachem Pvt Ltd (SPPL) has proposed a new unit at Dahej in Gujarat’s Bharuch district for manufacture of acid and alkyl chlorides, specialty and agro chemicals, pharma intermediates and APIs.