French chemicals major Arkema announced it is selling off its vinyl products business to the Switzerland-based investment firm Klesch Group. The objective is to create a significant new integrated and independent player in the European PVC sector.
Indian Oil Corporation Ltd (IOC), India’s largest refiner, aims to double its crude refining installed capacity from 65.7 to 123 million tonnes per annum (mtpa) in the next 10 years, through expansion and new greenfield units. This was disclose
The Chemicals and Petrochemicals Manufacturers Association (CPMA) will finalise a report of the sub group on petrochemicals under the working group on chemicals and petrochemicals to be adopted for the 12th Five Year Plan.
Various stakeholders have deliberated on the proposal of reconstitution of Plastic Development Council (PDC) and have stressed the need for implementation of quality standards by the industry.
Prices in the $3-trillion-plus global petrochemicals marketplace, fell 9% to $1,200 per metric tons (/mt) in October, according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely-u
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
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
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.
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
Andhra Pradesh capital Hyderabad is gearing up to host Poly India 2011, a three-day event from November 9 which will provide much needed impetus to the polymer and plastic industry of the country and help in generating new business opportunities for
Fitch Ratings says in a newly-published report that amid changing global industry dynamics, the credit quality of larger low-cost liquefied natural gas (LNG) producers selling mainly to high-quality customers under long-term oil-linked contracts will
Integrated Pesticides Pvt Ltd has proposed a new unit at Sarigam in Gujarat's Valsad district. In its presentation before the expert committee of the Ministry of Environment and Forests, the company said the unit will produce 50 MT of Methyl Bromi
The Department of Chemicals and Petrochemicals (DCPC) has sought comments from key industry bodies like ICC and CHEMEXCIL on the setting up of a national institute on chemical safety and management.
The Department of Chemicals and Petrochemicals (DCPC) has decided to entrust to CII, ICC and some other bodies to prepare a discussion paper to take stock of the existing domestic legislations like Registration, Evaluation and Authorisation of Chemic
The working group on chemicals and petrochemicals is expected to complete its report by September to be adopted for the 12th Five Year Plan.
Shriya Chemicals Pvt Ltd has proposed to expand its agro chemicals intermediary and pharmaceuticals intermediary plant at Ratnagiri in Maharashtra.
The Department of Chemicals and Petrochemicals (DCPC) will coordinate with the Directorate General of Export Promotion (DGEP) and the Ministry of Environment and Forests for strengthening of the existing regulatory mechanism on policy on plastic unit
The Department of Chemicals and Petrochemicals (DCPC) has constituted two sub-groups on chemicals and petrochemicals under the working group on chemicals and petrochemicals to be adopted for the 12th Five Year Plan.
Brahmaputra Cracker and Polymer Limited (BCPL), executing the Assam gas cracker project, has said that revised schedule for completion and commissioning of the project and impact of pay revision of employees have led to the increase in EPMC (equal pe
Merck Ltd has proposed to double the production of Vitamin E Acetate at its existing plant at Usgaon in Goa. In its letter to the Ministry of Environment and Forests, the company sought environmental clearance for capacity enhancement of Vitamin E Ac
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