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Petrochemical
Petrochemical | 15 November 2011

Stakeholders discuss reconstitution proposal of Plastic Development Council

Various stakeholders have deliberated on the proposal of reconstitution of Plastic Development Council (PDC) and have stressed the need for implementation of quality standards by the industry.

Technology
Technology | 15 November 2011

Technip awarded contract for Michelin plant in Thailand

Technip was awarded by Michelin Siam Co., Ltd. a lump sum turnkey engineering, procurement and construction (EPC) contract for a new elastomer composite plant to be built in Southern Region Industrial Estate, Songkhla Province, Thailand.

Chemical
Chemical | 15 November 2011

BASF to establish global headquarters for Dispersions & Pigments division in Hon

BASF plans to establish the global headquarters of its Dispersions & Pigments division in Hong Kong. As of January 1, 2012, the division head and about 50 global positions, currently located in Ludwigshafen and Basel, will transition to Hong Kong.

Chemical
Chemical | 13 November 2011

Tata Chemicals Q2 net profit at Rs 275.40 crore

Tata Chemicals Ltd has posted a net profit of Rs. 275.40 crore for the quarter ended September 30, 2011 where as the same was at Rs. 127.10 crore for the quarter ended September 30, 2010.

Petrochemical
Petrochemical | 13 November 2011

Platts : October petrochemical prices fell 9% on economic concerns

Prices in the $3-trillion-plus global petrochemicals marketplace, fell 9% to $1,200 per metric tons (/mt) in October, according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely-u

Chemical
Chemical | 11 November 2011

Extension of anti-dumping duty on aniline will help in collection of definitive

The Department of Chemicals and Petrochemicals (DCPC) has said that extension of anti-dumping duty on the import of aniline from Japan and the US will help in the collection of a definitive and final levy.

Chemical
Chemical | 11 November 2011

DuPont : Asia Pacific Remains Growth and Innovation Engine

DuPont East Asia President Carl J. Lukach told investors at the CLSA Asia Forum that DuPont is on track to generate approximately 20 percent sales growth this year in Asia Pacific, versus 2010 revenues of $7.3 billion.

Chemical
Chemical | 11 November 2011

Crisil Ratings: Clariant Chemicals (India)

CRISIL has placed its ratings on the Rs.95 crore cash credit and Rs.30 crore letter of credit and bank guarantee facilities of Clariant Chemicals (India) Ltd (CCIL) on ‘Notice of Withdrawal’ for a period of 60 days

Chemical
Chemical | 10 November 2011

Arkema acquires a complete range of specialty chemicals from SEPPIC

Arkema has announced a project to acquire the industrial applications specialty alcoxylate business of SEPPIC. This new product range would allow Arkema to extend its surfactant range and bolster its positions in industrial niche markets with high gr

Petrochemical
Petrochemical | 10 November 2011

Indian Oil posts biggest Q2 loss

Indian Oil Corporation (IndianOil) has posted a loss of Rs. 7,486 crore for the second quarter of 2011-12 as compared to a profit of Rs. 5294 crore for the same quarter of the previous year. The loss is mainly on account of increase in unmet under-re

Chemical
Chemical | 09 November 2011

Urea production marginally less than target

The production of urea has been marginally less than the target set for September, official figures have indicated.

Chemical
Chemical | 07 November 2011

Kiri Industries buys Taiwan-based SMS Chemical

Kiri Industries Ltd, an integrated manufacturer of reactive dyes and intermediates, has acquired Taiwan-based SMS Chemical Co Ltd for an undisclosed amount. This acquisition is part of Kiri’s global expansion strategy.

Chemical
Chemical | 07 November 2011

Dhanuka Agritech Q2 net up 28.86%

Leading agrochemical formulation company Dhanuka Agritech Ltd registered a 28.86 percent increase in its consolidated net profit at Rs 20.97 crore for the quarter ended September 30, 2011 as against Rs. 16.27 crores for the same period last year.

Chemical
Chemical | 06 November 2011

ICC seeks extension of DEPB scheme

The Indian Chemical Council (ICC) has sought an extension of the DEPB (duty entitlement passbook) scheme saying the industry is looking for support from the government to stay competitive in the global market.

Chemical
Chemical | 06 November 2011

Spectrum Ethers proposes agro chemicals and intermediates unit

Spectrum Ethers Ltd has sought environmental clearance for its proposed plant of agro chemicals and intermediates at Dahej Industrial Area in Gujarat’s Bharuch district.

Petrochemical
Petrochemical | 02 November 2011

GAIL opens LNG trading office in Singapore

In order to source natural gas for the Indian market and trading in LNG, petrochemicals and related products, GAIL (India) Limited opened its office in Singapore on Wednesday. The company would be operating in Singapore through its subsidiary GAIL G

Chemical
Chemical | 29 October 2011

Robert Blackburn to become President of BASF’s Information Services Compet

Chemical major BASF has appointed Dr. Robert Blackburn as President of BASF’s Information Services competence center, located in Ludwigshafen, Germany, effective January 1, 2012. Blackburn is currently Senior Vice President, Global Supply Chain

Chemical
Chemical | 29 October 2011

Robert Blackburn to become President of BASF’s Information Services Compet

Chemical major BASF has appointed Dr. Robert Blackburn as President of BASF’s Information Services competence center, located in Ludwigshafen, Germany, effective January 1, 2012. Blackburn is currently Senior Vice President, Global Supply Chain

Chemical
Chemical | 27 October 2011

Chemical industry concerned over dumping of products, seeks relief

The Indian chemical industry has expressed concern over dumping of several products like Saccharin, Chlorine Chloride and Sodium Tripoly Phosphate originating in or exported from China.

Petrochemical
Petrochemical | 26 October 2011

MRPL proposes polypropylene plant

Mangalore Refinery and Petrochemicals Ltd, a subsidiary of ONGC, has proposed a 440,000 TPA polypropylene plant and GTG with HRSG units at its phase-III refinery at Mangalore.

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