India's largest naphtha cracker plant at IndianOil's Panipat Complex was dedicated to the nation by the union minister of Petroleum and Natural Gas, S Jaipal Reddy. The Naphtha Cracker Complex, built at a cost of Rs.14,439 crore will provide a si
Indorama Industries have requested the Department of Chemicals and Petrochemicals (DCPC) for basic customs duty reduction on basic raw materials PTMEG and MDI in the manufacture of Spandex from 7.5 per cent to 2 per cent.
Voicing concern over the misuse of the duty free import authorisation scheme by traders, the Indian Chemical Council has called for its review and appropriate and necessary modifications.
As part of the strategic realignment of the Paper Chemicals division, BASF will be closing down its production facility for the manufacture of basazol dyes at the Ludwigshafen (Germany) site. In future, the demand for paper dyes in Europe will be ser
Rashtriya Chemicals and Fertilizers has posted a net profit of Rs. 68.36 crore for the quarter ended December 31, 2010 as compared to Rs. 77.78 crore for the quarter ended December 31, 2009. Total Income has decreased from Rs. 1619.97 crore for the
IndianOil has registered a profit of Rs. 1,635 crore for the third quarter of the current financial year ended December 2010 as compared to a profit of Rs. 697 crore for the same quarter of the previous year. The profit for the current quarter could
Mumbai-based consulting firm Tata Strategic Management Group will be the knowledge partner for the task force set up to study various facets of the chemical industry.
The Indian Chemical Council (ICC) has requested the Directorate General of Systems and Data Management to look into the problem of non-availability of relevant data at a number of customs ports.
Specialty chemicals group Lanxess is taking steps to adjust its asset structure in India. Production facilities in Madurai, Tamil Nadu state, will be relocated to the company's recently-opened site in Jhagadia, Gujarat state. This will affect facil
A number of ministries, including the Ministry of Chemicals and Fertilisers, are in favour of drawing up a list of commodities which could be considered for labelling of packaged items in the country before their import.
AkzoNobel's ambition to accelerate growth and increase revenue in India to €1 billion within the next five years has been underlined today by the official opening of a new Industrial Coatings plant near Bangalore. The facility, which will produce
The Indian Chemical Council (ICC) has suggested constitution of a fund of substantial amount for reimbursement of REACH registration expenses. In its pre-budget memorandum for 2011-12 to the Department of Chemicals and Petrochemicals (DCPC), the ICC
ICRA has assigned an LBB rating to the Rs. 15 crore proposed term loans, the Rs. 6 crore proposed fund-based limits and the Rs. 12 crore proposed non-fund based limits of Lords Chloro Alkali Limited (LCAL). The outlook on the rating is stable.
A task force on plastic waste management has been constituted with the secretary of chemicals and petrochemicals as its chairman.
The Pesticides Manufacturers' and Formulators Association of India (PMFAI) has expressed deep concern over various problems faced by the Indian pesticide industry and has sought the intervention of the Department of Chemicals and Petrochemicals (DC
Stressing on the need for greater emphasis on innovation and research and development in the Indian chemical industry to make it more competitive globally, the Indian Chemical Council (ICC) has called for more investments and tax benefits in this reg
The Central Institute of Plastic Engineering and Technology (CIPET) is processing the applications received for the national awards for technology innovation in petrochemical and downstream plastic processing industry.
BASF has started operations at its expanded plant for the production of the biodegradable plastic Ecoflex. Expansion of the existing plant in Ludwigshafen will increase production capacity for Ecoflex from 14,000 to 74,000 metric tonnes per year. At
Bayer MaterialScience inaugurated its Color Competence and Design Center in Greater Noida, near New Delhi today. This new Center provides products and solutions for polycarbonate compounds, ranging from color matching and small-scale production, to t
The Pesticide Manufacturers and Formulators Association of India (PMFAI) recently discussed European Union's (EU) role in steering proceedings at international chemical conventions.
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