Page 106 - Chemicals

Bayer MaterialScience plans thermoplastic polyurethane capacity expansion in India

The company, which is participating in PlastIndia 2015 exhibition, will showcase its innovative material solutions for key trends in the automotive, construction, electrical and electronic sectors

Technip bags contract for ethylbenzene styrene monomer plant in China

The technology for the 500-kta EBSM plant will be provided through an agreement with Badger Licensing LLC

India in a leadership position to deal with climate change issues: Prakash Javadekar

The government is working on frameworks for developing India's Intended Nationally Determined Contributions (INDCs), which needs to be submitted before the Paris Climate Conference 2015

Arkema finalises acquisition of adhesive maker Bostik

With the acquisition of Bostik, the world's third largest adhesives company, Arkema aims to become a world leader in specialty chemicals and advanced materials

Anellotech & Johnson Matthey to co-develop catalyst for green aromatics

The alliance will co-develop advanced catalyst systems for Anellotech's catalytic fast pyrolysis (CFP) process for production of bio-based benzene, toluene and paraxylene

Air Liquide to set up air separation unit at Nyrstar's Australian site

The ASU, to be built with an investment of Euro 60 mn, will supply oxygen and nitrogen to the new process for Nyrstar's advanced polymetallic recovery and recycling facility

Aegis Logistics bags Rs 93 cr contracts from HPCL & BPCL

While it has won a 5-year contract from HPCLfor O&M services of POL depots/terminals, BPCL has awarded Aegis a two-year contract for tank farm operations

Indian Oil plans Rs 5302-cr projects to augment pipeline network

IOC will invest Rs 2789 cr for Paradip-Hyderabad product pipeline, Rs 690 cr for LPG import facility at Paradip, and Rs 1823 cr for augmenting Paradip-Haldia-Durgapur LPG pipeline

Kokuyo Camlin to set up facility in Patalganga

The new facility at Patalganga (Maharashtra) will be one of the biggest facilities for Kokuyo worldwide

IOC appoints Anish Aggarwal as director (pipelines)

Before this, Aggarwal was the executive director (operations) in IOC's pipelines division

Divis Laboratories plans Rs 500-cr facility in Andhra Pradesh

This will be its third facility, which is expected to be located at Kakinada

US FTC grants conditional approval for Sun-Ranbaxy merger deal

Two companies have agreed to divest Ranbaxy's interest in generic minocycline tablets to Torrent Pharmaceuticals in order to seek FTC's final nod for their $4-bn merger deal

Construction chemicals market in US to exceed $12 bn in 2018

Gains will be primarily driven by double-digit increases in building construction expenditures, supported by healthy economic growth and an improved consumer financial outlook

Arkema starts production at thiochemicals plant in Malaysia

The plant, Arkema's first thiochemicals industrial platform in Asia, strengthens its position in this product line

Solvay sells Germany-based refrigerants business to Daikin

This marks the exit of Solvay from the refrigerants market

GSFC to invest Rs 900 cr in melamine project

The company will set up 40,000-MTPA melamine plant, which is expected to be commissioned in the third quarter of FY 2017-18, at Vadodara

Weakening of Euro to affect India's exports: FIEO

While most of the economies were contracting and deflation was being witnessed, the Greek verdict has added economic uncertainties in Europe, which account for about 18.5% of India's exports

'Brain drain' concern from developing countries is misplaced

'Indirect' learning in mature markets crucial to the growth of firms from developing countries such as India, according to a research at Cambridge Judge Business School, UK

Indosolar inks Rs 1250-cr wafer supply pact with Korea's Osung LST

Korean company with supply wafers to Indosolar, which will use it for manufacturing solar photovoltaic cells

Govt proposes SPV for setting up sewerage treatment plants in Ganga cities

A special purpose vehicle (SPV) is expected to help augment STP capacity to meet the growing requirement to treat effluents