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Chemical
Chemical | 20 February 2012

Global Chemicals Industry to Reach US$5.5 Trillion by 2015 : GIA

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

Chemical
Chemical | 20 February 2012

CRISIL reaffirms \'CRISIL B+/Stable/CRISIL A4\' ratings of Elkay Chemicals

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

Chemical
Chemical | 15 February 2012

Akzo Nobel India cuts royalty rates, defers buyback

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.

Chemical
Chemical | 14 February 2012

Honeywell opens new technology center in India

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.

Chemical
Chemical | 13 February 2012

BASF increases prices for certain polyalcohols in Europe

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

Chemical
Chemical | 09 February 2012

Indian chemical industry poised to grow, if concerns addressed: LANXESS

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

Chemical
Chemical | 01 February 2012

Lanxess expands capacity at Jhagadia plant

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.

Chemical
Chemical | 29 January 2012

Fitch: Capex likely by Indian fertiliser companies in 2012

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.

Chemical
Chemical | 29 January 2012

GACL\'s Q3 net up by 35%

Gujarat Alkalies and Chemicals Limited (GACL) registered a jump of over 35 percent in its net profit at Rs 25.94 crore for the quarter ended on December 31, 2011 compared to Rs 19.19 crore in the same period of the previous year.

Chemical
Chemical | 22 January 2012

BASF to sell share in JV PEC-Rhin to GPN

BASF has signed a contract to sell its 50%-share in PEC-Rhin in Ottmarsheim, France, to its joint venture partner GPN, a member of the French Total Group.

Chemical
Chemical | 18 January 2012

Clariant opens new crop protection laboratory in Thane

Clariant announces the opening of a new crop protection laboratory by its Industrial & Consumer Specialties (ICS) Business Unit in India. The new laboratory, located at Clariant’s Kolshet site in Thane, near Mumbai, was inaugurated today by Mr.

Chemical
Chemical | 18 January 2012

BASF to build an integrated 300,000 metric tonnes TDI plant

BASF today announced that it will build a single-train 300,000 metric tonnes per year production plant for TDI (toluene diisocyanate) and expand additional plants for its precursors at its site in Ludwigshafen.

Chemical
Chemical | 15 January 2012

CRISIL revises rating outlook on Swati Menthol & Allied Chemicals to ‘Posi

CRISIL has revised its rating outlook on Swati Menthol & Allied Chemicals Limited’s (SMACL) long-term bank facilities to ‘Positive’ from ‘Stable’, while reaffirming the rating at ‘CRISIL BB+’. The short-term

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

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