SABIC endorses India’s petrochemical industry growth potential
SABIC expressed its confidence in India’s petrochemical industry growth opportunities, and its commitment to continue strengthening its market presence, at India Chem 2012.
SABIC expressed its confidence in India’s petrochemical industry growth opportunities, and its commitment to continue strengthening its market presence, at India Chem 2012.
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
Reliance Industries Ltd has posted an increase of 5.6 per cent in its net profit at Rs 4,473 crore for the first quarter ended 30th June, 2012 as compared to Q4 FY12 and decreased by 21 per cent as compared to Q1 FY12. Turnover increased by 8.1 per c
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
Reliance Industries Limited (RIL) has selected Technip as a technology supplier and engineering contractor to implement its Refinery Off-Gas Cracker (ROGC) project.This is part of the expansion project being executed at RIL’s world-scale Jamnag
Sick units Hindustan Fertilizer Corporation Limited (HFCL) and Fertilizer Corporation of India Limited (FCIL) have submitted their draft rehabilitation schemes to Board for Industrial and Financial Restructuring (BIFR) for approval in connection with
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
Mangalore Chemicals and Fertilizers Ltd (MCF) has proposed conversion of feedstock from naphtha to natural gas and fuel from furnace oil to natural gas in its fertilizer plant at Panambur in Karnataka\'s D K district. In its letter to the Environment
The Indian Farmers Fertiliser Cooperative Limited (IFFCO) is promoting several production facilities abroad which may result in assured supply of fertilizers and raw materials to the country, the Department of Fertilisers (DoF) has said. According to
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.
Indo Gulf Fertilisers has approached the Environment and Forests Ministry for environmental clearance to its second Brownfield expansion project of urea fertiliser complex at Jagdishpur Industrial Area in Uttar Pradesh\'s CSM Nagar district.
The government is yet to take a final decision on a proposal by the Department of Chemicals and Petrochemicals (DCPC) for revival of the closed units of Fertilizer Corporation of India Limited (FCIL) and Hindustan Fertilizer Corporation Limited (HFCL
The import of urea by manufacturers of complex fertilizers has no impact on the state exchequer as the government does not pay any subsidy for such imports.
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
Indian Oil Corporation\'s net profit has jump in net at Rs 12,670.43 crore in the fiscal fourth quarter against Rs 3,905.16 crore in the year ago period.
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
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