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Petrochemical
Petrochemical | 16 August 2011

ICC seeks MEA intervention on toluene imports from Italy

The Indian Chemical Council (ICC) has now sought the intervention of the External Affairs Ministry for lifting of restrictions on import of toluene from Italy. In a letter to the Department of Chemicals and Petrochemicals (DCPC), ICC said that in spi

Petrochemical
Petrochemical | 16 August 2011

BRPSE proposal for HFL revival

The Board for Reconstruction of Public Sector Enterprises (BRPSE) has proposed modernisation of the plant of Hindustan Fluorocarbons Ltd (HFL), a subsidiary of Hindustan Organic Chemicals Limited (HOCL), to make the product competitive and diversific

Chemical
Chemical | 16 August 2011

Ineos selected to supply leading technologies to Qingdao Haijing Chemical for pr

Qingdao Haijing Chemical (Group) has selected Ineos Technologies Vinyl Chloride Monomer (VCM) and Suspension Polyvinyl Chloride (S-PVC) technologies for a project at its new site located at Dongjia-kou Pro Port Industrial Zone, Qingdao, People's Re

Chemical
Chemical | 16 August 2011

ICRA assigned enhancedratings to bank facilities of Hikal

ICRA has assigned ICRA]BB+ ( to enhanced Rs. 149 crores Fund based limits (enhanced from Rs. 70 crores), Rs. 197.1 crore Term loans (enhanced from Rs. 144.6 crores) and US$32 million term loans (enhanced from US$. 25.5 million). The outlook on the lo

Chemical
Chemical | 12 August 2011

OPCW conducts inspection of Divi's Labs

Activities carried out at the plant site of Divi's Laboratories Limited, a Schedule 2 chemical facility at Nalgonda in Andhra Pradesh, have been found to be consistent and in order according to the Annual Declarations on Past Activities (ADPA), 201

Petrochemical
Petrochemical | 11 August 2011

CFCL requests amendment in environment clearance to CFG3 project

Chambal Fertilisers and Chemicals Limited (CFCL) has proposed to put up Brown-field expansion ammonia, urea CFG3 project at Gadepan in Rajasthan's Kota district and has requested the Environment and Forest Ministry for amendment in the environmenta

Chemical
Chemical | 11 August 2011

IndianOil's gross turnover up by 27.9% to Rs. 99,757 crore

Indian Oil Corporation Ltd. (IndianOil)'s Gross Turnover for first quarter of the current financial year ended June 2011 rose by 27.9% to Rs. 99,757 crore from Rs. 77,972 crore during the same period last year. The corporation has posted a loss of

Petrochemical
Petrochemical | 10 August 2011

CHEMEXCIL for new chemical legislation

The Premier Chemicals and Cosmetics Export Promotion Council (CHEMEXCIL) is of the view that there is a need for a new chemical legislation in the country.

Chemical
Chemical | 10 August 2011

DFPCL Q1 PAT up 22%

Deepak Fertilisers And Petrochemicals Corporation Ltd. (DFPCL) today announced the financial results for the quarter ended June 30, 2011 (Q 1 FY 12). For the quarter ended June 30th, 2011, DFPCL has recorded Income from Operations at Rs. 473.87 crore

Chemical
Chemical | 10 August 2011

Tata Chemicals\' Q1 net down 27% at Rs111 crore

Tata Chemicals registered eported a 27 percent year-on-year drop in its standalone net profit for fiscal first quarter ended 30 June 2011 at Rs110.83 crore against Rs151.24 crore in the April-June 2010 quarter. Sales were, however, higher at Rs1,585.

Petrochemical
Petrochemical | 09 August 2011

BRPSE discusses HOCL revival issue with industry bodies, recommends steps

The Board for Reconstruction of Public Sector Enterprises (BRPSE) has considered the implementation of the revival package sanctioned to Hindustan Organic Chemicals Limited (HOCL) by the government and its post-revival performance and future outlook

Petrochemical
Petrochemical | 08 August 2011

Netmatrix proposes crop care chemicals manufacturing unit

Netmatrix Ltd has proposed a crop care chemicals manufacturing unit at Atchuthapuram in Andhra Pradesh's Visakhapatnam district.

Petrochemical
Petrochemical | 05 August 2011

Matangi Industries proposes chemical unit in Gujarat

Matangi Industries has proposed a chemical unit at Dahej in Gujarat's Bharuch district for manufacture of 3150 MTPM of emulsifiers and other products.

Petrochemical
Petrochemical | 04 August 2011

Megi Agro wants to set up grain-based distillery unit

Megi Agro Chem Ltd has approached the Ministry of Environment and Forests seeking environmental clearance for setting up a grain-based distillery unit at Sadgaon in Maharashtra's Dhule district.

Chemical
Chemical | 04 August 2011

UOP selected to provide technology for propylene production in China

UOP LLC, a Honeywell company, announced today that it has been selected by Zhejiang Julong Petrochemical Co. Ltd (ZJLPC) to provide key technology for a new unit to produce propylene at its facility in Pinghu City, Zhejiang Province, China. Honeywell

Chemical
Chemical | 04 August 2011

Ratings of [ICRA]BB & [ICRA]A4 assigned to bank facilities of Srichaitanya Chlor

ICRA has assigned [ICRA]BB rating to the Rs. 11.10 crore fund based limits of Srichaitanya Chlorides Private Limited (SCPL). ICRA has also assigned [ICRA]A4 rating to the Rs. 1.90 crore non-fund based limits of SCPL. The outlook on the long term rat

Chemical
Chemical | 04 August 2011

CRISIL revises rating outlook on Dorf-Ketal Chemicals India to "˜Positive'

CRISIL has revised its rating outlook on the Rs.650-million cash credit and Rs.200.2-million long-term loan facilities of Dorf-Ketal Chemicals India Pvt Ltd (DKCIPL; part of the Dorf Ketal group) to "˜Positive' from "˜Stable', while reaffirming

Petrochemical
Petrochemical | 03 August 2011

OPCW carries out inspection of Asiatic Colour

The Hague-based Organisation for Prohibition of Chemical Weapons (OPCW) recently carried out inspection of Asiatic Colour Chemical Industry Ltd in Gujarat and found everything was in order as per the Annual Declarations on Past Activities (ADPA), 201

Petrochemical
Petrochemical | 03 August 2011

CHEMEXCIL suggests steps to double India's exports in 3 years

The Pharmaceuticals and Cosmetics Export Promotion Council (CHEMEXCIL) has made a few suggestions to the government for doubling India's exports in the next three years.

Chemical
Chemical | 02 August 2011

AIPMA to host Plastivision Arabia in Sharjah next year

Plastivision trade shows, organised once in every three years since 1992 by the All India Plastics Manufacturers Association (AIPMA), will have a global touch with Plastivision Arabia - 2012 to be held in Sharjah from May 14-17 next year.

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