Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 1104
Petrochemical
Petrochemical | 25 May 2011

Vardhaman Organics wants change in product mix

Vardhaman Organics has approached the Environment and Forests Ministry for change of product mix and addition of dyes and pesticide intermediates at its manufacturing unit at Sachin in Gujarat's Surat district.

Chemical
Chemical | 25 May 2011

CRISIL reaffirms ratings on Gujarat Fluorochemicals

CRISIL's ratings on Gujarat Fluorochemicals Ltd's (GFL's) bank loan facilities and commercial paper programme continue to reflect GFL's integrated operations and diversified product profile, strong liquidity, and comfortable financial risk pr

Chemical
Chemical | 25 May 2011

CRISIL assigns \'BB\' and \'P4+\' ratings to Polygon Chemicals\' bank facilities

CRISIL has assigned its "˜BB/Stable/P4+' ratings to the bank facilities of Polygon Chemicals Pvt Ltd (PCPL).The ratings reflect PCPL's susceptibility to volatility in raw material prices and intense industry competition. These rating weaknesses

Chemical
Chemical | 25 May 2011

ICRA assigns A1+ rating to the enhanced non fund based limits of Zuari Industrie

ICRA has assigned a short-term rating of A1+ to the Rs 2585 crore non fund based limits (enhanced from Rs 2185 crore) of Zuari Industries Limited (ZIL). ICRA has also reaffirmed the LA+ (Stable) rating assigned to the Rs 600 crore long term fund ba

Chemical
Chemical | 24 May 2011

GAIL's FY2010-11 net up 13% at Rs. 3,561 crore

GAIL (India) Limited has recorded sustained performance in key physical as well as financial parameters in the Financial Year 2010-11. According to the audited figures, Turnover (net of excise duty) in the year 2010-11 increased by 30 per cent to Rs.

Chemical
Chemical | 24 May 2011

Tata Chemicals Q4 net up 14% at Rs 146 crore

Tata Chemicals has posted 14 per cent rise in its consolidated net profit to Rs 146 crore for the quarter ended March 31, 2011. The net sales rose by 16 per cent to Rs 2,568 crore in the fourth quarter of 2010-11. Tata Chemicals\' net profit for the

Chemical
Chemical | 24 May 2011

Chemtura and Archean Group sign LoI to set up brominated derivatives

Chemtura Corporation has signed a Letter of Intent(LoI) with Archean Group, headquartered in Chennai, India, to establish a strategic alliance in bromine and brominated derivatives. This alliance will build upon Archean's marine chemical facility,

Chemical
Chemical | 23 May 2011

YASH Technologies launches ChemOne

YASH Technologies, a leading enterprise business and technology partner for global companies, today announced that accelerated solution for the "˜Specialty Chemicals' Industry ChemOne - SAP Business All-in-One (SAP BAiO) solutions have received qu

Chemical
Chemical | 23 May 2011

Georgia-Pacific Chemicals to increase manufacturing of resins

Georgia-Pacific Chemicals will expand capabilities at its Lufkin, Texas, facility to increase production of resins used to coat proppants for oil and gas extraction.

Chemical
Chemical | 23 May 2011

Prime minister dedicates Bharat-Oman Bina Refinery to nation

Prime Minister Dr. Manmohan Singh recently dedicated Bina Refinery to the nation at a ceremony held at Bina, Madhya Pradesh. The refinery has a capacity of 6 Million Metric Tonnes Per Annum (MMTPA) and is equipped with state-of-the-art technology to

Petrochemical
Petrochemical | 23 May 2011

Global chemicals M&A deal value increases 78% in the first quarter of 2011, says

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 analysi

Chemical
Chemical | 19 May 2011

BASF increases prices for carbonyl chloride derivatives in Europe

With immediate effect or as contracts allow, BASF is increasing the sales prices for carbonyl chloride derivatives (CCDs) in Europe by 10 to 20 percent depending on the specific product. The price increase is necessary due to the increased production

Chemical
Chemical | 19 May 2011

BASF to build new dispersions plant in Durban, South Africa

BASF will invest in a dispersions plant in Durban, South Africa. The new plant will produce acrylic dispersions mainly for the coatings and construction industry. The facility will benefit from local availability of raw materials and proximity to key

Chemical
Chemical | 18 May 2011

SABIC and Sinopec invest in polycarbonate plant with 260 kilo metric tonnes capa

Saudi Basic Industries Corporation (SABIC) and China Petroleum & Chemical Corporation (Sinopec) today announced a memorandum of understanding (MOU) to collaborate on polycarbonate production in China.

Chemical
Chemical | 18 May 2011

SABIC accelerates growth in Asia with key investments in polycarbonate and new t

Saudi Basic Industries Corporation (SABIC) today reiterated its commitment to growing its presence in Asia with new investments of two Technology & Innovation Centers in China and India, and a new project to produce polycarbonate (PC) in China.

Chemical
Chemical | 17 May 2011

Omkar Speciality Chem Q4 PAT up at 2.97 crore

Omkar Speciality Chemicals reported a robust growth in revenues and profit after tax for the quarter ended, Mar. 31, 2011. The profit after tax for the quarter ended Mar. 31, 2011 stood at Rs. 2.97 crore as against Rs 1.34 crore in the corresponding

Chemical
Chemical | 16 May 2011

Petronas to develop new refinery and petrochemicals complex

Petronas, in a move to expand its petrochemicals business and further spur the growth of Malaysia's oil and gas downstream sector, plans to embark on a new integrated refinery and petrochemicals complex in Southern Johor.

Sustainability
Sustainability | 16 May 2011

Linde and Sapphire Energy announce deal to co-develop CO2 management system for

The Linde Group and Sapphire Energy, Inc., one of the world's leaders in algae-based crude oil, recently announced that they have entered into a multiyear agreement to co-develop a low-cost system to deliver carbon dioxide (CO2) to commercial-scal

Chemical
Chemical | 13 May 2011

Jena calls for sustainable development in chemical industry

The chemical industry should make concerted efforts to achieve the goal of sustainable development by using the latest advancements in science and technology in all its areas of functioning, said Srikant Jena, Minister of State for Chemicals and Fert

Chemical
Chemical | 13 May 2011

DFPCL records a robust 32% increase in income in Q4 2010-11

Deepak Fertilisers And Petrochemicals Corporation Ltd. (DFPCL) today announced the financial results for the quarter ended March 31st 2011 and for the Financial Year 2010-11. For the quarter ended March 31st 2011, DFPCL has recorded Income from Opera

Startups

Chemical

Petrochemical

Energy

Digitization