AkzoNobel plans to strengthen its position in packaging coatings by exercising the right to buy the remaining shares of Metlac, an Italian based packaging coatings producer. Financial details were not disclosed.
EQUATE Petrochemical Company announced the launch of its new brand guidelines as part of its integrated corporate strategy.
Prices in the $3-trillion-plus global petrochemicals marketplace slipped nearly 1% to $1,161 per metric tons (/mt) in December, according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seve
In November, 2011 production of urea had been more than the target by 0.26 lakh MT. Estimated production of urea during November, 2011 was 17.69 lakh MT against the target of 17.43 lakh MT.
Global solutions provider of specialty chemicals, OM Group, has announced that it has purchased Rahu Catalytics.
CRISIL has downgraded its ratings on the bank facilities of Chemspec Chemicals Pvt. Ltd. (Chemspec) to ‘CRISIL BBB-/Stable/CRISIL A3’ from ‘CRISIL BBB/Stable/CRISIL A3+’.
CRISIL’ ratings on the debt instruments and bank facilities of Rallis India Ltd (Rallis) continue to reflect Rallis’s established position in India’s crop protection market, its strong focus on research and development, and its stro
CRISIL has reaffirmed its ratings of ‘CRISIL BB+/Stable/CRISIL A4+’ for the bank facilities of Balaji Polysacks Pvt Ltd (BPPL).
Fitch Ratings has affirmed National Peroxide Ltd.\'s (NPL) National Long-Term rating at \'Fitch A(ind)\' with a Stable Outlook. A list of additional rating actions is provided at the end of this commentary.
In an attempt to strengthen its business foundation in India, Sumitomo Chemical announced that its three Indian subsidiaries, Sumitomo Chemical India Private Limited, SC Enviro Agro India Private Limited (SCEAI), and New Chemi Industries Limited (NCI
CRISIL’s ratings on the debt instruments of The Supreme Industries Ltd (Supreme) continue to reflect Supreme’s healthy and diversified revenue profile, supported by increasing contribution from value-added products, and improving financia
The Dyestuff Manufacturers’ Association of India (DMAI) stressed upon the need for image building of the colourant industry and disseminating information about the vital need for colorants.
Westlake Chemical Corporation announced that it is increasing the capacity of the previously announced chlor-alkali plant to be located at its vinyls manufacturing complex in Geismar, Louisiana.
Jaju Krushi Utpadan and Prakriya Udyog Pvt. Ltd has approached the Ministry of Environment and Forests seeking environmental clearance for setting up a grain-based distillery unit at Chikhali MIDC Area in Maharashtra\'s Buldhana district.
CRISIL’s ratings on the bank facilities of Viswaat Chemicals Ltd’s (Viswaat) continue to reflect Viswaat’s above-average financial risk profile, marked by low gearing and moderate debt protection metrics, and established market posi
Xebec Adsorption Inc., a provider of biogas upgrading, natural gas and hydrogen purification solutions for the clean energy market, announced today that it has received an order for a M-3200 Pressure Swing Adsorption (PSA) system to upgrade natural g
Despite slowing demand in Europe, the outlook for the fundamental business conditions in the Russian chemicals sector in the next 12-18 months is stable, says Moody\'s in a Special Comment report published today.
The Indian Chemical Council (ICC) has sought an elimination of Customs Duty alcohol, LNG, basic petrochemical feedstock like naphtha, aromatic feedstocks as well as rationalization of Customs Duty on naphthalene in relation to benzene and toluene.
Asian Paints Ltd. (Penta division) has proposed to expand the production capacity of its existing unit at Kudikadu in Tamil Nadu\'s Cuddalore district.
The Indian Chemical Council (ICC) has requested the Department of Chemicals and Petrochemicals (DCPC) to take up concerns of the Indian chemical industry regarding a new non injurious price (NIP) law to ensure a fair playing field for the domestic ma
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