The Union Budget 2016-17 has lowered down the Basic Customs Duty for some of the chemicals and petrochemicals. According to the Budget, Basic Customs duty on denatured ethyl alcohol (ethanol) is being reduced from 5% to 2.5% for manufacture of excisa
Earnings in Oil & Gas decreased primarily due to lower prices, whereas in the chemicals segment the decline was mainly attributable to lower margins in the petrochemicals division.
While Dow is settling this case, it continues to strongly believe that it was not part of any conspiracy and the judgment was fundamentally flawed as a matter of class action law.
Industry chamber FICCI has recommended the Government to reduce customs duty on ethyl alcohol and methyl alcohol and increase customs duty rate of ethyl acetate. It has also requested that full exemption from the levy of customs duty may be granted
Under this partnership, M. Holland and Honeywell will be expanding their nylon distribution to include flexible packaging applications.
Bayer will not only provide financial support for promising proposals but also accompany ideas and projects on a scientific basis.
The company initiates the process of evaluating the opportunity to invest in a new world scale production plant for Penta in India.
NW Innovation Works proposes to construct a two-phased, $3.4 billion gas-to-methanol plant at the Port of Tacoma. The plant will include up to four methanol production lines, each with a production capacity of 5,000 metric tons per day
Headquarters of the Material Science Company, to Be Named Dow, and the Specialty Products Company Reconfirmed as Midland, Michigan and Wilmington, Delaware, Respectively
Novel Sensors, Cheminformatics, and Advanced Analytics can help bring new products to market faster and cheaper in the chemical industry, According to Lux Research
The Linde Group has launched the first issue of ELEMENTS, a stand-alone microsite that features creative responses to new trends in the food processing industry.
The company had proposed to set up 52000 TPA Agrochemical Technical and 10000 TPA Agrochemical Formulations plant along with 6MW Captive Power Plant to meet the rising export as well as domestic demand for the Crop protection products with state o
To strengthen Performance Coatings business with intended acquisition of BASF's Industrial Coatings business
Sales in Asia / Pacific decreased by 1 % in local currencies and were affected by a weak demand in China, which could not be compensated by the stronger demand of smaller economies in Asia.
Effective March 1, 2016, or as contracts permit, Air Products will increase product pricing and monthly service charges for merchant customers in North America.
Cefic has voiced its support for the use of competitive renewables to help mitigate climate change and improve energy security.
The company will invest approximately $30 million to expand its NXT silane manufacturing capacity at Leverkusen.
In 2015, Saudi Arabia accounted for the largest share in GCC construction chemicals market, on account of large investments on infrastructure activities as well as lucrative schemes offered by the government to attract FDI in the construction sector.
Clariant announces that construction work has begun on a new, state-of–the art masterbatch production unit in Yanbu, Saudi Arabia. The new manufacturing site belongs to Clariant Masterbatches Saudi Arabia, a joint venture of Clariant and Rowad Nation
Asia-Pacific dominated the global Alpha Olefins Market in 2014. The region is not only the largest but also the fastest-growing market for alpha olefins in the world.
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