Indian Oil Corporation (IndianOil) has posted a loss of Rs. 7,486 crore for the second quarter of 2011-12 as compared to a profit of Rs. 5294 crore for the same quarter of the previous year. The loss is mainly on account of increase in unmet under-re
The production of urea has been marginally less than the target set for September, official figures have indicated.
Kiri Industries Ltd, an integrated manufacturer of reactive dyes and intermediates, has acquired Taiwan-based SMS Chemical Co Ltd for an undisclosed amount. This acquisition is part of Kiri’s global expansion strategy.
Leading agrochemical formulation company Dhanuka Agritech Ltd registered a 28.86 percent increase in its consolidated net profit at Rs 20.97 crore for the quarter ended September 30, 2011 as against Rs. 16.27 crores for the same period last year.
The Indian Chemical Council (ICC) has sought an extension of the DEPB (duty entitlement passbook) scheme saying the industry is looking for support from the government to stay competitive in the global market.
Spectrum Ethers Ltd has sought environmental clearance for its proposed plant of agro chemicals and intermediates at Dahej Industrial Area in Gujarat’s Bharuch district.
In order to source natural gas for the Indian market and trading in LNG, petrochemicals and related products, GAIL (India) Limited opened its office in Singapore on Wednesday. The company would be operating in Singapore through its subsidiary GAIL G
Chemical major BASF has appointed Dr. Robert Blackburn as President of BASF’s Information Services competence center, located in Ludwigshafen, Germany, effective January 1, 2012. Blackburn is currently Senior Vice President, Global Supply Chain
Chemical major BASF has appointed Dr. Robert Blackburn as President of BASF’s Information Services competence center, located in Ludwigshafen, Germany, effective January 1, 2012. Blackburn is currently Senior Vice President, Global Supply Chain
The Indian chemical industry has expressed concern over dumping of several products like Saccharin, Chlorine Chloride and Sodium Tripoly Phosphate originating in or exported from China.
Mangalore Refinery and Petrochemicals Ltd, a subsidiary of ONGC, has proposed a 440,000 TPA polypropylene plant and GTG with HRSG units at its phase-III refinery at Mangalore.
German chemical company BASF said Monday that it received approval from Chinese antitrust authorities to start a coal mining solution joint venture in China with Ji\'Ning Hock Mining & Engineering Equipment Company Limited, or Hock BASF takes a 7
Some 90 Government, employers’ and workers’ delegates from more than 40 countries will discuss restructuring in the chemical and pharmaceutical industries, and ways to make it sustainable through improved industrial relations at a meeting
Reiterating that India’s consumption of toluene is expected to go up drastically in the next four years, the Indian Chemical Council (ICC) has called for immediate lifting of restrictions on import of toluene from Italy.
ICRA expects domestic natural gas supplies to increase to around 153 MMSCMD by 2014-15 from 143 MMSCMD in 2010-11. The current estimate is about 22% lower than our previous estimates of 195 MMSCMD primarily due to lower KG-D6 production and delays an
The Department of Chemicals and Petrochemicals (DCPC) has suggested that imposing restrictions on distribution and sale of acids will seriously jeopardise the growth of the consuming sectors and requested the Home Ministry to incorporate suitable pun
German specialty chemicals manufacturer Lanxess aims to produce phthalate-free plasticizers from bio-based succinic acid from 2012 onwards.
CRISIL's ratings on Tecnimont ICB Pvt Ltd's (Tecnimont ICB's) bank facilities continue to reflect Tecnimont ICB's strong business linkages with its parent, Tecnimont SpA of Italy
Driven by an increase in sales volumes of own manufactured fertilisers and chemicals, Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) has recorded an Income from Operations of Rs. 577.19 crores, representing an increase of 41 per cent
Fertilisers and Chemicals Travancore Limited (FACT), a public sector major in the field of fertiliser and petrochemical production, has called for expression of interest (EoI) from PSUs for joint venture companies for projects such as a new sulphuric
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