The impact of lower oil and commodity chemical prices was partly offset by a 24% weaker average rand/US dollar exchange rate (R13,62/US$ for the six months ended 31 December 2015 compared with R10,99/US$). The average margin for our speciality chemic
With two mega-deals already announced—Dow Chemical and DuPont's $130 million merger and ChemChina's $43 billion bid for Syngenta—and potential large new transactions generated by emerging-market players, total chemicals M&A values for 2016 could doub
Dorf Ketal has acquired Flow-Chem Technologies (Flowchem), based in Rayne, LA (USA). Flowchem is a speciality oilfield chemical provider that operates across Gulf of Mexico and US onshore market with blending facilities located at Rayne, Louisiana an
Solvay and the Boeing Company announce that they have extended their contract through 2020 for the supply of high-performance, structural composite and adhesive materials used to lightweight Boeing’s large passenger aircraft for legacy programs such
The company aims to manufacture and sell bio-polyol using Indian castor oil from non-edible plants as a main raw material.
The new company will commercialise the technologies at an early date, by acquiring part of the intellectual property, etc for organic acid production based on Schizosaccharomyces pombe (S. pombe) developed by AGC, as well as by using engineers second
Axens has announced that Taiwan-Japan Oxo Chemical Industries Inc. (TJOCI) will use Axens’ technologies and catalysts for its isononyl alcohol (INA) production plant.
The global advanced process control (APC) software market in the chemical industry to reach USD 367.8 million by 2020, growing at a CAGR of close to 7%, according to Technavio’s latest report.
The industrial cleaning market size was USD 39.24 Billion in 2014, and is projected to reach USD 50.24 Billion by 2020, at a CAGR of 4.2% between 2015 and 2020.
The global ceric ammonium nitrate market is expected to reach USD 190.1 million by 2022, according to a new report by Grand View Research, Inc.
If the rate of growth holds true, the market, which had a valuation of US$800.4 billion in 2014, will rise to US$1,201.1 billion by 2023.
The global dimethyl carbonate market was valued at US$390.5 million in 2014 and is projected to reach US$690.1 million by 2023, expanding at a CAGR of 6.6% from 2015 to 2023.
The Chemours Company announced today that it completed the sale of its Beaumont aniline facility to The Dow Chemical Company.
The Union Budget 2016-17 has lowered down the Basic Customs Duty for some of the chemicals and petrochemicals. According to the Budget, Basic Customs duty on denatured ethyl alcohol (ethanol) is being reduced from 5% to 2.5% for manufacture of excisa
Earnings in Oil & Gas decreased primarily due to lower prices, whereas in the chemicals segment the decline was mainly attributable to lower margins in the petrochemicals division.
While Dow is settling this case, it continues to strongly believe that it was not part of any conspiracy and the judgment was fundamentally flawed as a matter of class action law.
Industry chamber FICCI has recommended the Government to reduce customs duty on ethyl alcohol and methyl alcohol and increase customs duty rate of ethyl acetate. It has also requested that full exemption from the levy of customs duty may be granted
Under this partnership, M. Holland and Honeywell will be expanding their nylon distribution to include flexible packaging applications.
Bayer will not only provide financial support for promising proposals but also accompany ideas and projects on a scientific basis.
The company initiates the process of evaluating the opportunity to invest in a new world scale production plant for Penta in India.
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