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Chemical
Chemical | 31 March 2011

Dow develops new p[olymeric FR Technology

Dow Global Technologies LLC (DGTL), a subsidiary of The Dow Chemical Co., on Tuesday announced the invention and development of a new, high molecular weight brominated Polymeric Flame Retardant (Polymeric FR). The Polymeric FR is expected to be the \

Chemical
Chemical | 31 March 2011

Dow and Binhua sign MoU for new JV in China

The Dow Chemical Company and Befar Group yesterday announced a memorandum of understanding (MOU) for a new 50-50 joint venture to produce perchloroethylene (PCE), a key building block material for non-ozone depleting refrigerants used in industrial,

Chemical
Chemical | 30 March 2011

ICRA assigns LBB and A4 ratings to the bank lines of Supreme Polymers

ICRA has assigned an LBB (pronounced L double B) rating to the Rs 1.5 crore1 term loans and Rs 10.50 crore long term fund based limits and A4 (pronounced A four) rating to the Rs. 5 crore non fund based limits of Supreme Polymers Private Limited (SPP

Chemical
Chemical | 30 March 2011

ICRA upgrades the ratings for bank facilities of Oriental Carbon & Chemicals to

ICRA has upgraded the rating assigned to the Rs. 54.53 crore term loans (enhanced from Rs. 20.5 crore) and the Rs. 35.98 crore fund-based limits (enhanced from Rs. 32.5 crore) of Oriental Carbon & Chemicals Limited (OCCL) to LBBB+ from LBBB.

Chemical
Chemical | 29 March 2011

CRISIL reaffirms \'BBB+/Stable/P2\' ratings of Alkyl Amines Chemicals

CRISIL's ratings on the bank facilities of Alkyl Amines Chemicals Ltd (AACL) continue to reflect AACL's leadership in the ethyl amines market, driven by its strong in-house technology and research and development (R&D) capabilities, and diversifi

Chemical
Chemical | 29 March 2011

Dow earns Progressive Manufacturing 100 award

The Dow Chemical Company has received the 2011 Progressive Manufacturing 100 (PM100) award in Supply Chain Mastery for developing and applying advanced Design & Modify Supply Chain (D&MSC) work processes.

Chemical
Chemical | 29 March 2011

Sumitomo Chemical establishes JV for LED sapphire substrates

Sumitomo Chemical and Samsung LED have entered into an agreement to establish a joint venture in Korea for research & development, manufacture, and sales of sapphire substrates for LEDs. This joint venture will initially start with an LED sapphire su

Chemical
Chemical | 28 March 2011

CARE reaffirms the ratings assigned to bank facilities of GAIL (India)

CARE has assigned \'AAA\' and \'PR1\' to proposed fund-based and non fund-based long-term and short-term bank facilities of GAIL (India). The rating continues to reflect GAIL's leadership position in natural gas transmission and trading business an

Chemical
Chemical | 28 March 2011

BASF Chongqing MDI project approved

BASF, the world\'s leading chemical company, has received approval for a 400,000 metric tonnes per year MDI (diphenylmethane diisocyanate) project in Chongqing, China. The investment will total approximately €860 million. The facility, which will p

Chemical
Chemical | 28 March 2011

BASF on track with integration of Cognis

BASFannounced its integration plans for Cognis. BASF expects to achieve an additional EBIT of €275 million (10.6% of Cognis' 2009 net sales) through the integration. This consists of growth synergy targets to generate an additional EBIT of €135

Chemical
Chemical | 24 March 2011

AkzoNobel boosts growth momentum with China expansion

AkzoNobel is to invest more than €60 million in boosting production capacity for its Bermocoll cellulose derivatives (paint and building material thickeners), providing additional momentum for the company's accelerated growth strategy which inclu

Chemical
Chemical | 24 March 2011

BASF increases prices for automotive fluids globally

With immediate effect, or as contracts allow, BASF is increasing the sales prices globally for all coolants, brake fluids and specialty fluids by up to 300 Euro (or the equivalent in other currencies) per metric tonne. The price adjustments are neces

Chemical
Chemical | 22 March 2011

ICRA assigns LBBB- andA3 ratings to the bank facilities of Mayur Dye-Chem

ICRA has assigned an LBBB- rating to the Rs. 10 crore cash credit facility of Mayur Dye-Chem Intermediates Limited (MDCIL). The outlook for the rating is stable. ICRA has also assigned an A3 rating to the Rs. 1.50 crore, short-term, non-fund based fa

Chemical
Chemical | 21 March 2011

BASF raises prices of propionic acid in Europe and Asia

Effective immediately, or as existing contracts permit, BASF is raising its prices for propionic acid in Europe by 200 Euro per ton and in Asia by 200 US-Dollars per tonne. BASF is a leading supplier of propionic acid with production facilities at it

Chemical
Chemical | 21 March 2011

Uhde to supply turnkey skid-mounted chlor-alkali electrolysis plant to Leuna- Ha

Uhde has begun construction of its first ever skid-mounted chlor-alkali electrolysis plant. Uhde was awarded the contract by Leuna-Harze GmbH, one of Europe\'s leading producers of epoxy resin, to build a turnkey membrane electrolysis plant with an a

Chemical
Chemical | 21 March 2011

Lanxess India bags IMC Ramakrishna Bajaj National Quality Award

Lanxess India, the specialty chemicals company, won the IMC (Indian Merchants Chamber) Ramakrishna Bajaj national quality award 2010 in the "˜manufacturing category'. This is the highest category of award for quality from an Indian industry body a

Chemical
Chemical | 18 March 2011

Sunshield Chemicals inks 5 year supply pact with Elantas GmbH

Sunshield Chemicals had signed a global supply pact with Elantas GmbH, the division electrical insulation within the ALTANA Group, a global leader in specialty chemicals field. Elantas GmbH has renewed agreement for a further period of 5 years upto

Chemical
Chemical | 15 March 2011

LANXESS to increase prices for ion exchange resins

Specialty Chemicals Company LANXESS is to increase its prices for Lewatit and Ionac ion exchange resins by up to 10 percent globally. The price increases, which will take immediate effect, are due to the increasing cost of utilities, transportation a

Chemical
Chemical | 10 March 2011

Camlin Fine Chemicals acquires Italy\'\'s Borregaard

Camlin Fine Chemicals announced that it has successfully closed the deal on March 09, 2011 for acquiring Borregaard, Italy S.p.A..The company, however, did not disclose the size of the deal and details of the acquisitions.

Chemical
Chemical | 10 March 2011

Fitch upgrades Kiri Dyes to \'BBB+(ind)\'

Fitch Ratings has upgraded India-basedKiri Dyes and Chemicals (KDCL) National Long-term rating to BBB+(ind) from \'BBB(ind)\'. The outlook is positive.

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