News

Bayer starts pilot plant for plastic manufacturing with CO2

NewsFebruary 21, 2011

Bayer starts pilot plant for plastic manufacturing with CO2

Bayer is taking a new direction in the production of high-quality plastics with the help of carbon dioxide (CO2) from the energy sector. A pilot plant has come on stream at Chempark Leverkusen to trial the new process on a technical scale. The plant

BP confirms plans for further petrochemicals growth in China

NewsFebruary 21, 2011

BP confirms plans for further petrochemicals growth in China

BP recently confirmed that it is proceeding with its project for a major increase in purified terephthalic acid (PTA) production capacity at the BP Zhuhai Chemical Company Limited (BP Zhuhai) site in Guangdong Province, China, a JV between BP and Zhu

BASF announces Broad competence in formulation additives

NewsFebruary 21, 2011

BASF announces Broad competence in formulation additives

BASF will present its wide-ranging expertise in the field of formulation additives at European Coatings Show (ECS) to be held on March 29 to 31 in Nuremberg, Germany, The company will showcase its innovative solutions in the areas of dispersing agen

GNFC gets Rs 141 crore insurance claim for ammonia plant fire

NewsFebruary 21, 2011

GNFC gets Rs 141 crore insurance claim for ammonia plant fire

Gujarat Narmada Valley Fertilisers Company (GNFC) today said New India Assurance (NIA) company has settled the claim of Rs 141.20 crore on account of explosion in one of its boilers this month.

CRISIL reaffirms \'BB-/Stable/P4+\' ratings of Rama Phosphates

NewsFebruary 21, 2011

CRISIL reaffirms \'BB-/Stable/P4+\' ratings of Rama Phosphates

CRISIL has reaffirmed its ratings of "˜BB-/Stable/P4+' on the bank facilities of Rama Phosphates Ltd (RPL). The ratings continue to reflect RPL's susceptibility to adverse changes in government regulations and its limited track record of profit

Huntsman announces capacity expansion at Singapore Polyetheramines Plant

NewsFebruary 18, 2011

Huntsman announces capacity expansion at Singapore Polyetheramines Plant

The Performance Products division of Huntsman Corporation (NYSE: HUN) today announced that it is going ahead with the engineering design for a 40,000 tonne capacity expansion program at its world-scale polyetheramine facility in Singapore.

Removal of carbon dioxide from natural gas: New technology enables energy and co

NewsFebruary 18, 2011

Removal of carbon dioxide from natural gas: New technology enables energy and co

The Japanese companies JGC Corporation and INPEX Corporation jointly with BASF SE have successfully completed test s of a new technology for the removal of carbon dioxide (CO2) from natural gas under high pressure. The performance of this new gas tre

IndianOil's naphtha cracker at Panipat dedicated to the nation

NewsFebruary 17, 2011

IndianOil's naphtha cracker at Panipat dedicated to the nation

India's largest naphtha cracker plant at IndianOil's Panipat Complex was dedicated to the nation by the union minister of Petroleum and Natural Gas, S Jaipal Reddy. The Naphtha Cracker Complex, built at a cost of Rs.14,439 crore will provide a si

  Indorama wants reduction of basic customs duty on Spandex raw materials

NewsFebruary 17, 2011

Indorama wants reduction of basic customs duty on Spandex raw materials

Indorama Industries have requested the Department of Chemicals and Petrochemicals (DCPC) for basic customs duty reduction on basic raw materials PTMEG and MDI in the manufacture of Spandex from 7.5 per cent to 2 per cent.

  ICC wants review of duty free import authorisation scheme

NewsFebruary 14, 2011

ICC wants review of duty free import authorisation scheme

Voicing concern over the misuse of the duty free import authorisation scheme by traders, the Indian Chemical Council has called for its review and appropriate and necessary modifications.