Petro Chemical

  ICC wants more investments, tax benefits in R&D sector

Petro ChemicalFebruary 02, 2011

ICC wants more investments, tax benefits in R&D sector

Stressing on the need for greater emphasis on innovation and research and development in the Indian chemical industry to make it more competitive globally, the Indian Chemical Council (ICC) has called for more investments and tax benefits in this reg

 CIPET looking into national awards for tech innovation scheme

Petro ChemicalFebruary 02, 2011

CIPET looking into national awards for tech innovation scheme

The Central Institute of Plastic Engineering and Technology (CIPET) is processing the applications received for the national awards for technology innovation in petrochemical and downstream plastic processing industry.

  Globus Spirits wants to modernise, expand grain-based distillery unit

Petro ChemicalJanuary 31, 2011

Globus Spirits wants to modernise, expand grain-based distillery unit

Globus Spirits Ltd has approached the Ministry of Environment and Forests for environmental clearance for expansion and modernisation of its grain-based distillery unit at Shyampur in Rajasthan's Alwar district.

  ICC wants correction in CENVAT, inverted duty structure in forthcoming budget

Petro ChemicalJanuary 28, 2011

ICC wants correction in CENVAT, inverted duty structure in forthcoming budget

The Indian Chemical Council (ICC) has called for correction in the inverted duty structure and CENVAT of several items in the forthcoming budget. In its pre-budget memorandum for 2011-12 to the Department of Chemicals and Petrochemicals (DCPC), the I

   ICC offers suggestions on draft CRZ notification

Petro ChemicalJanuary 25, 2011

ICC offers suggestions on draft CRZ notification

The Indian Chemical Council (ICC) has termed the draft Coastal regulation Zone (CRZ) notification as well drafted and one which will help in preserving, conserving coastal regions and marine biology besides in sustainable development of the coastal r

  Haryana-based co wants to expand distillery unit

Petro ChemicalJanuary 24, 2011

Haryana-based co wants to expand distillery unit

Haryana Organics has proposed to expand and modernise its distillery and captive power plant at Chulkhana in Panipat district. The existing unit produces 25 KLPD of distillery products using molasses and grain and wants it to increase it to 100 KLPD.

  ICC calls for zero import duty on feedstocks, ethanol, coal, catalysts

Petro ChemicalJanuary 21, 2011

ICC calls for zero import duty on feedstocks, ethanol, coal, catalysts

The Indian Chemical Council (ICC) has suggested zero import duty for feedstocks like naphtha and hydrocarbons and also chemical items like ethanol, coal and catalysts. "For the Indian chemical industry to be competitive, there is an imperative need

  Patel Pesticides proposes new unit in Gujarat

Petro ChemicalJanuary 20, 2011

Patel Pesticides proposes new unit in Gujarat

Patel Pesticides (India) has sought the Environment and Forests Ministry's clearance for its proposed pesticide manufacturing unit at Nandesari in Gujarat's Vadodara district. The company wants to manufacture 100 MTPM of profenofos. The by-produc

  SI Group-India wants reduction of import duty on olefinic products

Petro ChemicalJanuary 19, 2011

SI Group-India wants reduction of import duty on olefinic products

SI Group-India has requested the government to reduce import duty on crucial olefinic products to a level not exceeding 5 percent ad valorem. In a letter to the Department of Chemicals and Petrochemicals, SI Group also called for correction of invert

  ICC wants increase in peak import duty on chemicals

Petro ChemicalJanuary 18, 2011

ICC wants increase in peak import duty on chemicals

The Indian Chemical Council (ICC) has called for hike in the peak import duty on chemical products in India saying a low duty level is against a scenario of rising costs of finance, fuels and power.