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Petrochemical
Petrochemical | 25 April 2011

Krishna Hydrocarbons proposes calcined petroleum coke unit

Krishna Hydrocarbons has proposed a 65 TPD capacity calcined petroleum coke producing unit at Barauni in Bihar's Bergusarai district.In a letter to the Ministry of Environment and Forests for environmental clearance, the company said that the land

Chemical
Chemical | 25 April 2011

Dow announces plans to fully integrate and grow North American performance busin

The Dow Chemical Company announced comprehensive plans to increase the company's ethylene and propylene production -- and to integrate its US operations into feedstock opportunities available from increasing supplies of U.S. shale gas in the Marcel

Chemical
Chemical | 25 April 2011

ICRA reaffirms \'LBBB-(SO)/A3(SO)\' rating on Albright & Wilson Chemicals

Credit rating agency, ICRA has reaffirmed LBBB- (SO) (Structured and A3 (SO) (Structured Obligation)) ratings to term loans aggregating to Rs 25 crore of Albright and Wilson Chemicals India (AWCIL). The outlook on the long term rating is revised from

Chemical
Chemical | 21 April 2011

GHCL redeems FCCBs worth USD 8 mn

GHCL announced that it had paid full and final outstanding amount in respect of the balance foreign currency convertible bonds (FCCBs) having face value of USD 8 million along with interest & premium thereon on March 18, 2011 before the maturity date

Chemical
Chemical | 20 April 2011

LANXESS expands capacities for Therban

Specialty chemicals company LANXESS is expanding its production capacities for Hydrogenated Nitrile Butadiene Rubber (HNBR) at its facilities in Leverkusen, Germany, and Orange, Texas, U.S., by 40 percent. This synthetic high-performance rubber is ma

Chemical
Chemical | 18 April 2011

Aditya Birla acquires Kanoria\'s chloro chem div for Rs 830cr

The Board of Directors of Aditya Birla Chemicals (India) Limited (ABCIL), a company of the Aditya Birla Group, recently approved the acquisition of the Chloro Chemicals Division (CCD) of Kanoria Chemicals & Industries Limited (KCIL) for a cash consid

Petrochemical
Petrochemical | 18 April 2011

More people recruited for Assam gas cracker project

As part of efforts to speed up work of the Rs 5,460-crore Assam gas cracker project for its timely execution, the manpower strength at the site has been raised to 7,000.

Petrochemical
Petrochemical | 15 April 2011

Tristar Intermediates proposes to raise production capacity

Tristar Intermediates Pvt Ltd. has proposed to expand its production capacity of disperse dyes couplers, EO Condensate and perfumeries products at its unit at Sarigam in Gujarat's Valsad district.

Petrochemical
Petrochemical | 15 April 2011

Potential and Problems facing India's Chemical industry: Perspectives of LANXE

LANXESS, a global specialty chemicals company and a leading player in the Indian chemical industry shares opportunities and gives recommendations for addressing the challenges faced by the industry, at the 12th Annual Chemical Weekly business Outlook

Chemical
Chemical | 15 April 2011

Rhodia announces the divestment project to Novacap for its salicylic and acetami

Rhodia announces the divestment project to Novacap for its salicylic and acetaminophen activities. Salicylates, which are used as active ingredients in the pharmaceutical industry (aspirin, acetaminophen) or as synthesis intermediates (salicylic acid

Chemical
Chemical | 15 April 2011

Rhodia completes the acquisition of PI Industries\' Engineering Plastics busines

Specialty chemical producer Rhodia has completed the acquisition of the engineering plastics business of Indian company PI Industries Ltd (PIIL), after receiving approval of country's authorities.

Chemical
Chemical | 15 April 2011

CRISIL reaffirms \'AA-/Stable/P1+\' ratings of Time Technoplast

CRISIL's ratings on the bank loan facilities and short term debt programme of Time Technoplast continue to reflect the Time group's diverse customer profile and established market position in the polymer-based industrial packaging business, and s

Petrochemical
Petrochemical | 14 April 2011

OPCW carries out inspection of two more companies in Gujarat

The Hague-based Organisation for Prohibition of Chemical Weapons (OPCW) recently carried out inspections of two Indian chemical companies based in Gujarat.

Petrochemical
Petrochemical | 14 April 2011

Reliance commences implementation of polyester projects in India

Reliance Industries Limited (RIL) has commenced implementation of its planned world-scale projects in India across the polyester chain. This is RIL's largest capacity expansion in the sector and is aimed at consolidating its position as the world"

Chemical
Chemical | 13 April 2011

CRISIL upgrades ratings on Industrial Solvents and Chemicals to \'BBB+/Stable/P2

CRISIL has upgraded its ratings on the bank facilities of Industrial Solvents and Chemicals Pvt Ltd (ISCPL) to "˜BBB+/Stable/P2' from "˜BBB/Stable/P3+'. The upgrade was driven by improvement in ISCPL's financial risk profile because of health

Chemical
Chemical | 13 April 2011

CRISIL upgrades ratings on Diamines & Chemicals to \'BBB/Stable/P3+\'

CRISIL has upgraded its ratings on the bank facilities of Diamines & Chemicals Ltd (DACL) to "˜BBB/Stable/P3+' from "˜BBB-/Stable/P3'. The upgrade reflects significant scale-up in DACL's operations: the company's sales are estimated to have

Digitization
Digitization | 12 April 2011

Tata Chemicals acquires 25% stake in urea fertilizer manufacturing complex in Af

Tata Chemicals has announced an investment of US4290mn to acquire a 25.1 percent stake as a strategic investor in the stream 1 of a Greenfield port-based ammonia-urea fertilizer manufacturing complex in the Republic of Gabon. The balance of sharehold

Petrochemical
Petrochemical | 11 April 2011

IS-Dyestuff wants to raise production

IS-Dyestuff Industries Ltd. has proposed to expand its existing dyes and dye intermediates manufacturing unit at Dudhwada in Gujarat's Vadodara district. In its presentation to the Ministry of Environment and Forests for environmental clearance, th

Petrochemical
Petrochemical | 07 April 2011

Vardhaman Organics to change the product mix at its dye intermediates plant

Vardhaman Organics has sought the environmental clearance form the Ministry of Environment and Forests to change the product mix at its existing dye intermediates plants at Sachin in Surat district of Gujarat. The company proposes to add manufacturin

Chemical
Chemical | 07 April 2011

BASF supports new polymeric flame retardant

BASF supports the announcement that Dow Chemical has signed a license agreement with Chemtura Corporation for the production of a new brominated polymeric flame retardant and that Chemtura plans to build a production facility for this substance. Dow

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