CRISIL has revised its rating outlook on Swati Menthol & Allied Chemicals Limited’s (SMACL) long-term bank facilities to ‘Positive’ from ‘Stable’, while reaffirming the rating at ‘CRISIL BB+’. The short-term
Indo Amines has sought environmental clearance from the Ministry of Environment and Forest to expand its plant capacity at Tundav. The company plans to increase the production of fatty amines and derivatives. The estimated cost of the expansion is Rs
CRISIL has upgraded its ratings on the bank facilities of Ihsedu Speciality Chemicals Pvt Ltd (ISCPL) to ‘CRISIL BBB/Stable/CRISIL A3+’ from ‘CRISIL BB/Stable/CRISIL A4+’.
AkzoNobel has completed its acquisition of China’s leading specialty surfactant producer, Boxing Oleochemicals. Boxing is a leading supplier of nitrile amines and derivatives, which are used in a variety of industrial and consumer applications
BASF and SINOPEC inaugurated the $1.4 billion second phase of their integrated petrochemical site in Nanjing, bringing crucial chemicals to the China market that will support the development of more sustainable local industries.
Sasol Germany GmbH announced that it has reached an agreement to sell its production site in Witten (Germany) and the associated oleochemicals business to Cremer Oleo GmbH & Co. KG.
\"India is one of the most important growth markets for LANXESS. The continuing trends of mobility and urbanization contribute to the success of our company on the subcontinent. And we want to growth further and make use of the opportunities that pr
The Department of Chemicals and Petrochemicals (DCPC) has recommended initiation of investigation in the case of imports of carbon black used in rubber applications from China, following a petition from the domestic manufacturers seeking imposition o
The Department of Chemicals and Petrochemicals (DCPC) recently convened a meeting to discuss daft position paper prepared by the department for framing ‘National Policy on Chemicals’. The meeting, chaired by secretary (C&PC), was attended
The Indian Chemical Council (ICC) has urged the Government of UAE to allow the registration of agrochemicals manufactured in India in the UAE. “If our information is correct that in UAE agrochemicals (pesticides) manufactured in the India are n
Global engineering company, KBR, was awarded a contract by Matix Fertilizers and Chemicals, to perform a dynamic simulation study for the complete steam system at its grassroots Panagarh Fertilizer Complex in West Bengal. KBR will also deliver an Ope
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.
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