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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.

Chemical
Chemical | 02 August 2011

R P Intermediates proposes drugs manufacturing unit in UP

R P Intermediates has approached the Environment and Forest Ministry seeking environmental clearance for its proposed drug intermediates manufacturing plan at Shernagar in Uttar Pradesh's Muzaffarnagar district.

Chemical
Chemical | 02 August 2011

BASF and CSM explore a bio-based succinic acid joint venture

BASF SE and Purac, a subsidiary of CSM nv, today announce the start of negotiations to form a joint venture for the production of bio-based succinic acid. The companies have been conducting research under a joint development agreement on bio-based su

Chemical
Chemical | 02 August 2011

CRISIL places ratings on Chambal Fertilisers and Chemicals on \'Watch Developing

CRISIL has placed the bank facilities and debt instruments of Chambal Fertilisers and Chemicals Ltd (Chambal) on "˜Watch with Developing Implications' following Chambal's announcement of demerging its shipping business into Indian Steamship Ltd

Chemical
Chemical | 01 August 2011

GACL Q1 net up 144%

GACL\'s net profits jumped to Rs 46.40 crore for the first quarter of the current fiscal from Rs 19.01 crore registered last year, showing a steep rise of 144 per cent on year-on-year basis. M S Dagur, MD of the company stated that company has achiev

Chemical
Chemical | 01 August 2011

Praj bags US$22mn Ethanol Plant order in Colombia

Praj Industries has won a contract for a large Ethanol plant in Colombia from Isolux Corsan of Spain who are the main contractors for the project of Bioenergy S.A. Under the contract Praj will supply the main process plant for ethanol production incl

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