BASF and Ciech today announced the acquisition of parts of Ciech’s global TDI (toluene diisocyanate) business by BASF. The acquisition is subject to approval by the appropriate antitrust authorities. Closing of the transaction is expected in th
Solvay and Russian petrochemical company SIBUR have signed an agreement to establish Ruspav, a 50/50 joint venture for the production of surfactants and oilfield process chemicals in Dzerzhinsk, Russia. The agreement was signed in presence of the Min
In the face of escalating input costs, stiffer competition, and a struggling global economy, chemical industry executives say they will use the significant cash on their balance sheets to pursue strategic acquisitions and new product development to s
Agro chemical producer manufacturer United Phosphorus registered 10 per cent increase in its consolidated net profit at Rs 202.91 crore for the quarter ended June 30 on the back of higher sales. The company had posted a net profit of Rs 184.31 crore
Afton Chemical Corporation announces the construction of a new chemical additive manufacturing facility on Jurong Island, Singapore. The multi-year investment will be fully owned and operated by Afton, emphasizing the company\'s strong commitment to
The Dyestuffs Manufacturers Association of India (DMAI) has sought the intervention of the finance ministry on the final findings issues by the Designated Authority of Directorate General of Anti Dumping & Allied Duties (DGAD) in the matter concernin
The Indian Chemical Council (ICC) has requested the Department of Revenue in the Ministry of Finance to exempt levy of service tax on membership fees and other charges collected by clubs or associations representing any trade or industry.
Chemical manufacturer Cabot has revealed plans to buy Netherlands-based activated carbon manufacturer Norit from its private equity owners for $1.1bn (£703m) to focus on higher-margin specialty chemicals.
The Texas Operations of Eastman Chemical Company has received the 2012 \"Sustained Excellence in Caring for Texas\" award from the Texas Chemical Council (TCC.) Eastman was the only 2012 Sustained recipient among TCC member facilities with more than
NPL Industries Pvt Ltd has sought environmental clearance for its proposed plant of textile auxiliaries, binders and plasticisers at Bidaj in Gujarat’s Kheda district.
SRF Ltd has proposed to expand the capacity of its existing products at its unit at Jhiwana in Rajasthan’s Alwar district. In its letter to the Ministry of Environment and Forest for environmental clearance to its proposal, the company said the
The Indian Chemical Council (ICC) has suggested some items for inclusion as sensitive products in India\'s list under South Asian Free Trade Area (SAFTA). The Department of Chemicals and Petrochemicals (DCPC) had asked the ICC to provide its comments
Gujarat Alkalies and Chemicals Limited ( GACL) has reported profit after tax for the March quarter at Rs 44.21 crore against Rs.55.99 crore in the same period of the previous year. The net sales for the March quarter were Rs 422.12 crore against Rs 4
Hi-Tech Carbon has proposed to set up a 120,000 MTPA carbon black unit at Patalganga in Maharashtra’s Raigad district.
G G Chemicals & Pharmaceuticals Pvt Ltd has approached the Environment and Forests Ministry for environmental clearance to expansion plans of its unit at Bhagwanpur in Punjab\'s Mohali district.
India Pesticides Limited has requested clearance from the Environment and Forests Ministry’s for its proposed pesticide manufacturing unit at Sandila in Uttar Pradesh’s Hardoi district.
Mumbai-based Omkar Speciality Chemicals Limited (OSCL) reported a net profit of Rs 4.78 crore for the quarter ended March 31, 2012 as against a net profit of Rs 2.97 crore for the quarter ended March 31, 2011, OSCL said in a filing to the BSE.
INOX Air Products Ltd has proposed to start a 200 TPD air separation unit and a 250 N cubic m/hr hydrogen plant at Kahrani Industrial Area in Rajasthan\'s Alwar district.
GTZ (India) Pvt Ltd has approached the Ministry of Environment and Forests in connection with its proposed plan to set up a 15,000 MT/KL capacity organic synthetic plant at Khariberia in West Bengal\'s South 24 Parganas district.
CRISIL’s ratings on the bank facilities of Vipul Chemicals (India) Pvt Ltd (Vipul; part of the Alpha-Vipul combine) continue to reflect the Alpha-Vipul combine’s above-average financial risk profile, marked by healthy net worth, comfortab
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