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Chemical
Chemical | 12 January 2012

Indo Amines to expand its production capacity of fatty amines

Indo Amines has sought environmental clearance from the Ministry of Environment and Forest to expand its plant capacity at Tundav. The company plans to increase the production of fatty amines and derivatives. The estimated cost of the expansion is Rs

Chemical
Chemical | 12 January 2012

Ratings on Ihsedu Speciality Chemicals upgraded to \'CRISIL BBB/Stable/CRISIL A3

CRISIL has upgraded its ratings on the bank facilities of Ihsedu Speciality Chemicals Pvt Ltd (ISCPL) to ‘CRISIL BBB/Stable/CRISIL A3+’ from ‘CRISIL BB/Stable/CRISIL A4+’.

Chemical
Chemical | 11 January 2012

AkzoNobel completes acquisition of Boxing Oleochemicals

AkzoNobel has completed its acquisition of China’s leading specialty surfactant producer, Boxing Oleochemicals. Boxing is a leading supplier of nitrile amines and derivatives, which are used in a variety of industrial and consumer applications

Chemical
Chemical | 11 January 2012

Sasol Germany to sell its German production site in Witten

Sasol Germany GmbH announced that it has reached an agreement to sell its production site in Witten (Germany) and the associated oleochemicals business to Cremer Oleo GmbH & Co. KG.

Chemical
Chemical | 11 January 2012

LANXESS inaugurates two new plants at Jhagadia

\"India is one of the most important growth markets for LANXESS. The continuing trends of mobility and urbanization contribute to the success of our company on the subcontinent. And we want to growth further and make use of the opportunities that pr

Chemical
Chemical | 10 January 2012

ACBM seeks dumping duty on import of carbon black from China

The Department of Chemicals and Petrochemicals (DCPC) has recommended initiation of investigation in the case of imports of carbon black used in rubber applications from China, following a petition from the domestic manufacturers seeking imposition o

Chemical
Chemical | 10 January 2012

Latest status report on National Chemical Policy

The Department of Chemicals and Petrochemicals (DCPC) recently convened a meeting to discuss daft position paper prepared by the department for framing ‘National Policy on Chemicals’. The meeting, chaired by secretary (C&PC), was attended

Chemical
Chemical | 10 January 2012

ICC seeks Govt. of UAE’s intervention for registration of Indian agrochemi

The Indian Chemical Council (ICC) has urged the Government of UAE to allow the registration of agrochemicals manufactured in India in the UAE. “If our information is correct that in UAE agrochemicals (pesticides) manufactured in the India are n

Chemical
Chemical | 06 January 2012

CRISIL downgraded ratings on the bank facilities of Chemspec Chemicals

CRISIL has downgraded its ratings on the bank facilities of Chemspec Chemicals Pvt. Ltd. (Chemspec) to ‘CRISIL BBB-/Stable/CRISIL A3’ from ‘CRISIL BBB/Stable/CRISIL A3+’.

Chemical
Chemical | 06 January 2012

CRISIL reaffirms \'CRISIL AA/Stable/CRISIL A1+\' ratings of Rallis India

CRISIL’ ratings on the debt instruments and bank facilities of Rallis India Ltd (Rallis) continue to reflect Rallis’s established position in India’s crop protection market, its strong focus on research and development, and its stro

Chemical
Chemical | 29 December 2011

Fitch affirms National Peroxide at \'Fitch A(ind)\'; outlook stabl

Fitch Ratings has affirmed National Peroxide Ltd.\'s (NPL) National Long-Term rating at \'Fitch A(ind)\' with a Stable Outlook. A list of additional rating actions is provided at the end of this commentary.

Chemical
Chemical | 28 December 2011

Sumitomo Chemical reorganize its Indian subsidiaries

In an attempt to strengthen its business foundation in India, Sumitomo Chemical announced that its three Indian subsidiaries, Sumitomo Chemical India Private Limited, SC Enviro Agro India Private Limited (SCEAI), and New Chemi Industries Limited (NCI

Chemical
Chemical | 23 December 2011

DMAI stresses on image building of colourant industry

The Dyestuff Manufacturers’ Association of India (DMAI) stressed upon the need for image building of the colourant industry and disseminating information about the vital need for colorants.

Chemical
Chemical | 23 December 2011

Westlake Chemical to increase capacity of chlor-alkali plant

Westlake Chemical Corporation announced that it is increasing the capacity of the previously announced chlor-alkali plant to be located at its vinyls manufacturing complex in Geismar, Louisiana.

Chemical
Chemical | 21 December 2011

Jaju Krushi wants to set up grain-based distillery unit in Maharashtra

Jaju Krushi Utpadan and Prakriya Udyog Pvt. Ltd has approached the Ministry of Environment and Forests seeking environmental clearance for setting up a grain-based distillery unit at Chikhali MIDC Area in Maharashtra\'s Buldhana district.

Chemical
Chemical | 21 December 2011

CRISIL reaffirms ratings on Viswaat Chemicals Limited\'s bank facilities

CRISIL’s ratings on the bank facilities of Viswaat Chemicals Ltd’s (Viswaat) continue to reflect Viswaat’s above-average financial risk profile, marked by low gearing and moderate debt protection metrics, and established market posi

Chemical
Chemical | 21 December 2011

Moody\'s: Stable outlook for Russian chemicals sector despite slowing demand in

Despite slowing demand in Europe, the outlook for the fundamental business conditions in the Russian chemicals sector in the next 12-18 months is stable, says Moody\'s in a Special Comment report published today.

Chemical
Chemical | 19 December 2011

New NIP law causing serious concern to Indian industry: ICC

The Indian Chemical Council (ICC) has requested the Department of Chemicals and Petrochemicals (DCPC) to take up concerns of the Indian chemical industry regarding a new non injurious price (NIP) law to ensure a fair playing field for the domestic ma

Chemical
Chemical | 19 December 2011

CRISIL reaffirms ratings on Alps Chemicals\' bank facilities

CRISIL’s ratings on the bank facilities of Alps Chemicals Pvt Ltd (Alps) continue to reflect Alps’s healthy market position in the dye industry, and established customer base. The ratings also reflect the company’s above-average fin

Chemical
Chemical | 16 December 2011

KGN Bio-Tech proposes green field project

KGN Bio-Tech Ltd has proposed to start a green field project at Hariyala in Gujarat\'s Kheda district to manufacture hydrogenated castor oil and castor oil derivatives, an agro based organic synthetic chemical having wide application in polishes, pha

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