Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 1102
Petrochemical
Petrochemical | 22 June 2011

HIL wants wrong perception on DDT removed

Hindustan Insecticides Limited (HIL), which is the sole manufacturer of DDT in the country, has called for removal of "wrong perception" on the product which, it said, is the most effective toll in the national disease vector control programme in Ind

Chemical
Chemical | 22 June 2011

CRISIL assigns "˜B' and "˜P4' ratings to Ideal Chemicals (India)'s bank

CRISIL has assigned its "˜B/Stable/P4' ratings to the bank facilities of Ideal Chemicals (India) Pvt Ltd (ICI). The ratings reflect ICI's weak financial risk profile, marked by small net worth, high gearing, high total outside liabilities to tan

Chemical
Chemical | 21 June 2011

BASF increases prices for polymer dispersions, powders, resins and additives

BASF will increase prices in Europe, Africa and Western Asia for polymer dispersions as well as additives by 85 Euro per metric ton and acrylic resins and redispersible powders by 140 Euro per metric ton. This price increase is necessary due to conti

Petrochemical
Petrochemical | 20 June 2011

Vibrant Pharmachem proposes bulk drugs manufacturing unit

Vibrant Pharmachem Pvt Ltd has moved the Ministry of Environment and Forests for environmental clearance to its unit for manufacturing bulk drugs at Raichur in Karnataka.

Chemical
Chemical | 17 June 2011

Tech Bond proposes bulk drugs manufacturing unit

Tech Bond laboratories Pvt Ltd has proposed to manufacture bulk drugs and drug intermediates at its Anantharam unit in Andhra Pradesh's Medak district.

Petrochemical
Petrochemical | 17 June 2011

Global Chemicals M&A deal value increases 78% in the first quarter of 2011 : PwC

Merger and acquisition (M&A) activity in the global chemicals industry jumped significantly in the first quarter of 2011 when compared to the same period of 2010, according to the first quarter 2011 edition of Chemical compounds, a quarterly analysis

Chemical
Chemical | 17 June 2011

Supply shortage of Zircon to continue, further price rises unsustainable

Consumption of zircon rebounded strongly in 2010, reaching 1.33Mt, following an 18% fall in 2009 because of the global economic downturn. Growth over the last decade has come mainly from the ceramics and chemical sectors, growing by 4.1%py and 7.5%py

Chemical
Chemical | 17 June 2011

CARE reaffirms the ratings assigned to the bank facilities of Atul

CARE has reaffirmed the ratings assigned to the bank facilities of Atul Ltd. The revisions in the ratings primarily take into account the improvement in Atul's overall financial risk profile during FY10 and H1FY11 characterized by improvement in pr

Chemical
Chemical | 16 June 2011

EU clears acquisition of Columbian Chemicals by Birla Group

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of US-based Columbian Chemicals by Indigold Carbon, which is controlled by the Indian Aditya Birla Group, both worldwide producers of carbon black. The acquis

Petrochemical
Petrochemical | 15 June 2011

Government recommends anti-dumping duty on phthalic anhydride

Heeding to a request by manufacturers for anti-dumping duty on phthalic anhydride, the Department of Chemicals and Petrochemicals (DCPC) has recommended the levy on imports of the product from Korea, Taiwan and Israel.

Chemical
Chemical | 15 June 2011

Maire Tecnimont\'s Indian arm secures USD 440 mn polyolefin projects

Maire Tecnimont S.p.A. announces that its main operating company Tecnimont S.p.A. and its fully owned subsidiary Tecnimont ICB (TICB) of India have been awarded two EPC contracts on lumpsum turnkey basis for the realization of Polyolefin Plants for P

Petrochemical
Petrochemical | 14 June 2011

Inspection of two more Indian companies carried out by OPCW

Inspections at two Indian chemical companies based in Andhra Pradesh and Maharashtra were recently carried out by the Hague-based Organisation for Prohibition of Chemical Weapons (OPCW).

Chemical
Chemical | 14 June 2011

Sharma pushes for lowering tariff of sensitive items in SAFTA

Commerce and industry minister Anand Sharma urged the member states of SAARC to bring down all the protectionist trade barriers to achieve regional economies of scale at a much greater pace. While emphasizing that the serious attempts being made to r

Petrochemical
Petrochemical | 13 June 2011

Patel Pesticides seeks clearance for new unit in Gujarat

Patel Pesticides (India) Pvt Ltd has requested clearance from the Environment and Forests Ministry's for its pesticide manufacturing unit at Nandesari in Gujarat's Vadodara district.

Chemical
Chemical | 10 June 2011

Indian CRAMS market to reach USD 7.6 bn by 2012: ICRA

ICRA expects Indian CRAMS market to grow at a CAGR of 41.4% over the FY10-12 to reach a market size of ~US$7.6 billion with custom manufacturing leading the pack. The growth will be supported by high number of USFDA approved plants, skilled manpower

Chemical
Chemical | 10 June 2011

IFC plans $35 mn in loans for Indian-Egyptian chemical factory

IFC, a member of the World Bank Group, is providing up to $35 million in loans toward construction of a new chemical factory near Egypt's Red Sea coast, an Indian-Egyptian joint venture that will employ hundreds of people, spur the local economy an

Chemical
Chemical | 09 June 2011

No leachability study carried out on composition of gutkha: IITR

The Lucknow-based Indian Institute of Toxicology Research has said that no leachability study has been carried out with respect to composition of gutkha, which is packed in sachets to assess the safety and toxicity.

Chemical
Chemical | 09 June 2011

CRISIL assigns fundamental grade 4/5 to Sudarshan Chem

CRISIL Research has come out with its report on Sudarshan Chemical Industries. The research firm has initiated coverage on the company with a fundamental grade of "˜4/5' and has maintained the fair value of Rs 764 per share.

Chemical
Chemical | 09 June 2011

Jacobs receives contract from DuPont Titanium Technologies

Jacobs Engineering has received a contract from DuPont Titanium Technologies (DuPont) to provide full engineering procurement and construction management (EPCM) services for the company\'s Mexicotitanium dioxide capacity expansion project.

Petrochemical
Petrochemical | 08 June 2011

Pakistan wants 20 per cent reduction in India's SAFTA list

Pakistan has called for a 20 per cent reduction in India's list of sensitive items under South Asian Free Trade Area (SAFTA). The list of items provided by Pakistan includes zinc oxide and zinc peroxide; reactive dyes and preparations based thereon

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