Fitch Ratings says that the credit profiles of Indian chemical manufacturers registered under the Clean Development Mechanism (CDM) could come under stress, in the event of a reduction of the benefits awarded through Certified Emission Reductions (CE
With economic activity picking up, growth in domestic demand for commodity polymers was strong in 2009-10, reporting a 19% year-on-year (yoy) increase as against 4% yoy in 2008-09. The buoyancy in growth has continued in the current fiscal, although
Subham Oils & Resins has moved the Ministry of Environment and Forests for environmental clearance to its plans for manufacturing alkyd resin at its existing unit at Surjopur in West Bengal's North 24 Parganas district. The total cost of the projec
Saudi International Petrochemical Company (Sipchem) announced that it has awarded the engineering, design and construction (LSTK) contract for its ethyl acetate plant to Korean company eTEC. The plant will produce ethyl acetate and butyl acetate with
FMC Wyoming Corporation announced today that it will restart its Granger production facility by July 1, 2011, in response to strong export demand for soda ash.
CRISIL has assigned "˜P4+' to the letter of credit facility of Rotomac Polymers Pvt Ltd (RPPL), which is a part of the Rotomac group. The rating reflects Rotomac group exposure to significant debtor risk, with unstable customer and product profile
CRISIL has assigned "˜AA-(so)/Stable/P1+(so)' ratings to the bank facilities of Kribhco Shyam Fertilizers Ltd (KSFL). The ratings are based on the strength of an unconditional and irrevocable guarantee provided by KSFL's parent, Krishak Bharati
Jayshree Chemicals Ltd has commissioned its 152 TPD chlor-alkali plant with the latest state-of-the-art pollution free membrane cell technology based plant with the technical assistance from Uhde Gmbh, Germany, ahead of schedule with a total capital
Cambay Organics has sought environmental clearance for expanding its existing manufacturing unit at Sokhada in Gujarat's Anand district.In its presentation to the Ministry of Environment and Forests, the company says that it wants to expand product
The market for alkylamines continues to witness unabated research and development efforts, which are leading to new discoveries in innovative application areas. alkylamines assume importance as major intermediates used in the production of pesticides
Vishnu Chemicals has appointed Lee A. Iwan as commercial manager for North and Latin America. Iwan will be responsible for coordinating all business development, sales and marketing activities for Vishnu Chemicals in North America and Latin America.
Associated Dyestuff has proposed to set up a dyes, dyes intermediates and pigment manufacturing plant at Dudhwada in Gujarat's Vadodara district. In its presentation to the Ministry of Environment and Forest for environmental clearance, the company
Gurgaon-based Institute of Pesticides Formulation Technology (IPFT) undertook several projects during 2010-11 and achieved success in various fronts.
CRISIL Equities has assigned a CRISIL IER fundamental grade of 4/5 to Time Technoplast Ltd (Time). The grade indicates that the company's fundamentals are \'superior\' relative to other listed equity securities in India. CRISIL Equities has assigne
Pasupathy Chemicals has sought the nod of the Ministry of Environment and Forests for starting a fungicide and insecticide manufacturing plant at Vedicherla in Andhra Pradesh's Nellore district.
The Hague-based Organisation for Prohibition of Chemical Weapons (OPCW) recently carried out inspections of two Indian chemical companies based in Gujarat and Maharashtra.
Meghmani Chemtech has proposed to set up an unit at Vagara in Gujarat's Bharuch district to manufacture pesticides and pigments. In a letter to the Environment and Forests Ministry for environment clearance, Meghmani said the estimated cost of the
Indian Oil Corporation Ltd (IOCL) has nominated its director (R&D) to be a member of the expert panel in the setting up of proposed centres of excellence in the petrochemicals sector.
Brahmaputra Cracker and Polymer Limited (BCPL), which is executing the Rs 5,460-crore gas cracker project in Assam, wants its existing board to continue till the mega project is commissioned. In a letter to the Department of Chemicals and Petrochemic
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