Petrochemical
Petrochemical | 15 April 2011

Tristar Intermediates proposes to raise production capacity

Tristar Intermediates Pvt Ltd. has proposed to expand its production capacity of disperse dyes couplers, EO Condensate and perfumeries products at its unit at Sarigam in Gujarat's Valsad district.

Petrochemical
Petrochemical | 15 April 2011

Potential and Problems facing India's Chemical industry: Perspectives of LANXE

LANXESS, a global specialty chemicals company and a leading player in the Indian chemical industry shares opportunities and gives recommendations for addressing the challenges faced by the industry, at the 12th Annual Chemical Weekly business Outlook

Chemical
Chemical | 15 April 2011

Rhodia announces the divestment project to Novacap for its salicylic and acetami

Rhodia announces the divestment project to Novacap for its salicylic and acetaminophen activities. Salicylates, which are used as active ingredients in the pharmaceutical industry (aspirin, acetaminophen) or as synthesis intermediates (salicylic acid

Chemical
Chemical | 15 April 2011

Rhodia completes the acquisition of PI Industries\' Engineering Plastics busines

Specialty chemical producer Rhodia has completed the acquisition of the engineering plastics business of Indian company PI Industries Ltd (PIIL), after receiving approval of country's authorities.

Chemical
Chemical | 15 April 2011

CRISIL reaffirms \'AA-/Stable/P1+\' ratings of Time Technoplast

CRISIL's ratings on the bank loan facilities and short term debt programme of Time Technoplast continue to reflect the Time group's diverse customer profile and established market position in the polymer-based industrial packaging business, and s

Petrochemical
Petrochemical | 14 April 2011

OPCW carries out inspection of two more companies in Gujarat

The Hague-based Organisation for Prohibition of Chemical Weapons (OPCW) recently carried out inspections of two Indian chemical companies based in Gujarat.

Petrochemical
Petrochemical | 14 April 2011

Reliance commences implementation of polyester projects in India

Reliance Industries Limited (RIL) has commenced implementation of its planned world-scale projects in India across the polyester chain. This is RIL's largest capacity expansion in the sector and is aimed at consolidating its position as the world"

Chemical
Chemical | 13 April 2011

CRISIL upgrades ratings on Industrial Solvents and Chemicals to \'BBB+/Stable/P2

CRISIL has upgraded its ratings on the bank facilities of Industrial Solvents and Chemicals Pvt Ltd (ISCPL) to "˜BBB+/Stable/P2' from "˜BBB/Stable/P3+'. The upgrade was driven by improvement in ISCPL's financial risk profile because of health

Chemical
Chemical | 13 April 2011

CRISIL upgrades ratings on Diamines & Chemicals to \'BBB/Stable/P3+\'

CRISIL has upgraded its ratings on the bank facilities of Diamines & Chemicals Ltd (DACL) to "˜BBB/Stable/P3+' from "˜BBB-/Stable/P3'. The upgrade reflects significant scale-up in DACL's operations: the company's sales are estimated to have

Digitization
Digitization | 12 April 2011

Tata Chemicals acquires 25% stake in urea fertilizer manufacturing complex in Af

Tata Chemicals has announced an investment of US4290mn to acquire a 25.1 percent stake as a strategic investor in the stream 1 of a Greenfield port-based ammonia-urea fertilizer manufacturing complex in the Republic of Gabon. The balance of sharehold

Petrochemical
Petrochemical | 11 April 2011

IS-Dyestuff wants to raise production

IS-Dyestuff Industries Ltd. has proposed to expand its existing dyes and dye intermediates manufacturing unit at Dudhwada in Gujarat's Vadodara district. In its presentation to the Ministry of Environment and Forests for environmental clearance, th

Petrochemical
Petrochemical | 07 April 2011

Vardhaman Organics to change the product mix at its dye intermediates plant

Vardhaman Organics has sought the environmental clearance form the Ministry of Environment and Forests to change the product mix at its existing dye intermediates plants at Sachin in Surat district of Gujarat. The company proposes to add manufacturin

Chemical
Chemical | 07 April 2011

BASF supports new polymeric flame retardant

BASF supports the announcement that Dow Chemical has signed a license agreement with Chemtura Corporation for the production of a new brominated polymeric flame retardant and that Chemtura plans to build a production facility for this substance. Dow

Chemical
Chemical | 07 April 2011

ICRA keeps the ratings outstanding on Huntsman India group companies under ratin

ICRA has placed the LA and A1 ratings outstanding against the bank lines of Huntsman International (India) Private Limited [HIIPL] and Huntsman Advance Material (India) Private Limited [HAMIPL] under rating watch with negative implications.

Chemical
Chemical | 06 April 2011

Solvay makes euro 3.4 bn offer to buy Rhodia

Belgian plastics and chemicals company Solvay and Paris-listed Rhodia announce the signing of a framework agreement according to which Solvay will launch a friendly cash offer for 100% of the share capital of Rhodia. The cash offer at EUR 31.60 per s

Chemical
Chemical | 05 April 2011

Huntsman acquires chemicals business of Laffans Petrochemicals

Huntsman Corporation today announced that it has completed its acquisition of Indian chemical producer Laffans Petrochemicals Ltd., and has taken ownership of the manufacturer\'s 60kt ethylene oxide derivatives facility in Ankleshwar, Gujarat.

Petrochemical
Petrochemical | 04 April 2011

Tristar plans to increase production capacity of its Disperse Dye Couplers plan

Gujarat-based Tristar Intermediates Ltd is planning to expand its existing Disperse Dye Couplers, EO Condensate and Perfumeries products manufacturing unit. Tristar Intermediates has sought Ministry of Environment and Forest\'s approval to initiate t

Chemical
Chemical | 04 April 2011

Tata Chemicals rebrands global subsidiaries

Tata Chemicals Limited (TCL) has announced a major re-branding initiative embracing its subsidiaries in UK, US and Kenya under the Tata chemicals corporate brand. The Tata brand today is well recognised in these geographies and this move of creating

Chemical
Chemical | 01 April 2011

BASF and PETRONAS expand joint venture activities in Kuantan

BASF and PETRONAS will commence a feasibility study for a new plant for superabsorbent polymers. The companies have also decided to look into the expansion of the existing production capacities of their joint venture BASF PETRONAS Chemicals Sdn Bhd.

Chemical
Chemical | 01 April 2011

ExxonMobil Chemical opens Shanghai Tech Center

ExxonMobil Chemical celebrated the opening of its Shanghai Technology Center at a ceremony in Shanghai\'s Zizhu Science-Based Industrial Park. The $90-million facility represents a critical link for development of new premium products which can be ma

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