Bayer MaterialScience will acquire Arkema’s polycarbonate sheet business in the USA. Both companies have signed the agreement. Financial terms are not disclosed. With this deal, expected to be finalized in May, Bayer MaterialScience will furthe
The Economic Survey 2011-12 says that the production of major chemicals during April-November 2011 has been comparatively higher except for pesticides and insecticides and dyes and dyestuff. Total output for the sector is higher by 1.77 per cent.
Bayer Material Science Pvt Ltd has approached the Environment and Forests Ministry for environmental clearance to its expansion plans of its unit at Semmakuppam in Tamil Nadu\'s Cuddalore district.
Assam Petrochemicals Ltd. has proposed to set up a 500 TPD methanol, 200 TPD acetic acid and a 5 MW power plant (natural gas based turbine) at Namrup in Assam\'s Dibrugarh district in the land area adjacent to its methanol and formalin manufacturing
BASF Venture Capital GmbH has invested $13.5 million in Allylix, Inc., a U.S.-based renewable specialty chemicals company. The BASF subsidiary led a $18.2 million financing round, joined by existing investors Tate & Lyle Ventures, Avrio Ventures and
Sentini Bioproducts (P) Ltd has approached the Ministry of Environment and Forests for environmental clearance for inclusion of molasses as raw material for its grain-based distillery unit at Gandepalli in Andhra Pradesh\'s Krishna district.
SGL Group has further expanded its production in Pune, India, gaining a larger footprint in the Indian growth market. At the new production facility, the manufacture of graphite-based system components (heat exchangers and columns) for the chemical i
Sarthi Chem Pvt Ltd has proposed to expand its Methyl Bromide manufacturing unit at Kuvadava GIDC Estate in Gujarat\'s Rajkot district.
LANXESS will break ground for its new neodymium polybutadiene rubber (Nd-PBR) plant in Singapore on September 11 this year. The German specialty chemicals company plans to invest roughly EUR 200 million (about SGD 340 million) in a 140,000 metric ton
The Indian Chemical Council (ICC) has called for immediate suspension to ethanol blending programme in India.
An expert committee set up for the second national awards for technology innovation in petrochemical and downstream plastic processing industry is believed to have completed the screening and evaluating process and submitted its recommendations to th
Gujarat-based Riona Laminate Pvt. Ltd intends to establish resin manufacturing plant for captive consumption. The proposed unit will have the capacities of 550 MT/month of phenol formaldehyde and 100 MT/month of melamine formaldehyde.
The global chemicals industry registered decelerating growth in 2009 due to recession. Production contracted, as demand from major end-use markets such as construction, automotive, and electronics dropped drastically. Faced with declining demand, che
CRISIL’s ratings on the bank facilities of Elkay Chemicals Pvt Ltd (Elkay; part of the Elkay group) continue to reflect the Elkay group’s small scale of operations in an industry dominated by few large multinational corporations (MNCs), a
Akzo Nobel India Ltd. said that its Board of Directors in a meeting held on October 21, has announced a royalty proposal for its Paints Business, in order to gain smooth access to AkzoNobel group\'s technology and brands.
Honeywell announced today the opening of a new technology center in India, further expanding its technology development capabilities in key areas including refining, petrochemical, low-global-warming and nylon technologies and applications.
BASF is increasing the prices of the polyalcohols neopentylglycol (NPG), trimethylolpropane (TMP), hydroxypivalic acid neopentyl glycol ester (HPN), 1,6-hexanediol (HDO) and 1,5-pentanediol (PDO), with immediate effect or as existing contracts permit
LANXESS, the leading specialty chemicals company and the global market leader in synthetic rubber expressed its commitment to grow in the Indian chemical industry at the seminar on chemical and petrochemical industry on February 8 at Hotel Le Meridia
Continuing to expand its Indian production site in Jhagadia in Gujarat, specialty chemicals maker Lanxess India said three of its production units have commenced production this month at the plant in which Rs 490 crore has been invested so far.
Fitch Ratings says that fresh investments by Indian fertiliser companies in 2012 will depend upon changes in government policies, allocation of natural gas and long-term tie-ups for key inputs.
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