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Chemical
Chemical | 07 January 2021

Pritzker Private Capital acquires Vertellus

The partnership with Pritzker Private Capital will help to build upon Vertellus’ leading standard of quality, service and safety

Chemical
Chemical | 07 January 2021

OpenGate to buy Solvay subsidiaries in Europe and US

Solvay expects to close the sale by the end of March pending completion of all required social dialogues and regulatory approvals.

Chemical
Chemical | 07 January 2021

USALCO acquires AlChem and CalChem

The combined business is a leading manufacturer of aluminum chemicals used in water and wastewater treatment, refinery catalysts and other industrial application

Chemical
Chemical | 06 January 2021

India initiates ADD probe on imports of phenol from European Union and Singapore

The review is initiated on the application filed by Deepak Phenolics Ltd. Hindustan Organics Chemical Ltd.

Chemical
Chemical | 06 January 2021

CRISIL revises outlook on the long term bank facilities of Deccan Fine Chemicals India

The group is expected to clock about 10 to 15 percent annual revenue growth over the medium term, backed by steady revenues from existing molecules and commercialization of new molecules.

Chemical
Chemical | 06 January 2021

Jubilant Life Sciences demerger may complete in FY21

he company had announced this demerger in Oct'19 with the rationale of two separate and focused entities for pharma & LSI segment

Chemical
Chemical | 06 January 2021

CRISIL reaffirms its ratings on Valiant Organics

VOL has achieved revenue of Rs.674.93 crore and profitability of 26.6% in fiscal 2020; further it has reported Rs 314.17 crore in H1 FY2021 while profitability continues to remain healthy at about 30%.

Chemical
Chemical | 06 January 2021

Tata Chemicals terminates its export agreement with ANSAC

Tata Chemicals will focus on developing an integrated world class customer centric global sales organisation, serving customers diverse needs from locations in India, UK, Kenya and USA.

Chemical
Chemical | 05 January 2021

New import duties on ‘clear float glass’ to aid domestic players : ICICI Securities

The Government has notified an additional CVD /anti-subsidy duty of ~9.74%-11.15% on imports from Malaysia.

Chemical
Chemical | 05 January 2021

Tata Chemicals announces Shri Darbari Seth Scholarship to mark the visionary’s birth centenary

Scholarship will provide financial assistance to students of chemistry and chemical engineering

Chemical
Chemical | 05 January 2021

Praj ranked as 2nd hottest company in global Bioeconomy for 2021

Praj has also secured 3rd ranking in the newly introduced Biodesign & Engineering category.

Chemical
Chemical | 04 January 2021

CARE reaffirms credit ratings of Bharat Rasayan

CARE has reaffirmed A1+ rating on Commercial Paper (CP) Issue.

Chemical
Chemical | 04 January 2021

Praj Industries bags Rs. 226.90 crore order from IOCL

The order is for execution of zero liquid discharge system - Water Treatment Package and Waste Water Treatment Package of Acrylic/Oxo-Alcohol Project at IOCL Dumad, Gujarat.

Chemical
Chemical | 04 January 2021

Pharma PLI Scheme receives 275 proposals

The PLI Scheme for Medical Devices has received 28 registrations across all four target segments out of which a maximum of 28 applicants will be selected under the Scheme.

Chemical
Chemical | 04 January 2021

N. Suresh Krishnan ceases to be MD of MCFL

N. Suresh Krishnan has completed his tenure of 5 years as Managing Director (MD) of Mangalore Chemicals and Fertilizers Limited (MCFL) as on 31st December 2020.

Chemical
Chemical | 31 December 2020

Cabinet approves modified scheme to enhance Ethanol capacity

The Union Cabinet has approved a modified scheme to enhance Ethanol capacity in the country by encouraging distilleries to produce Ethanol from maize and rice available with Food Corporation of India (FCI) and has also fixed the remunerative price of Ethanol from maize and rice.

Chemical
Chemical | 31 December 2020

Ethanol value chain to fuel investment of Rs. 40,120 Cr: Pradhan

The expanded interest subvention scheme will fuel investment of about Rs. 40,120 crores in the Ethanol value chain, encouraging Urja-Kheti, which will augment farmer’s income, says Union Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan.

Chemical
Chemical | 30 December 2020

Ishan Dyes & Chemicals bags Rs 40 crores order

ICDL will run its plants at 100 per cent capacity utilization till March 2021.

Chemical
Chemical | 30 December 2020

Bodal Chemicals to invest Rs. 360 Cr for expansion

Bodal Chemicals Limited (BCL), one of the largest manufacturers and exporters of multiple chemical products including dyestuffs, dye intermediates, basic chemicals and its variants, is planning diversification and expansion strategy by investing one time infrastructure cost of Rs. 360 crores by 2022.

Chemical
Chemical | 30 December 2020

Agrochem industry welcomes PLI scheme; seeks stable policy environment

Industry urges the re-orientation of Production Linked Incentives (PLI) Scheme towards domestic production, import reduction wherever applicable and global collaboration for contract manufacturing.

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