Page 107 - Chemicals

India, Germany to collaborate for circular economy & water management

Two countries to set up working groups on water management & circular economy

Sadara and Germany's Chemie-Cluster Bayern ink cooperation pact

This agreementwill primarily focus on the identification of German and European SMEs working in the chemicals industries to establish a presence in PlasChem Park, Saudi Arab

BASF starts polymer dispersions plant in Malaysia

The new plant will focus on a variety of acrylic base polymer dispersions for decorative coatings, construction and adhesive industries, serving the entire Asia Pacific region

Asian Paints plans second firm in Indonesia

The company will engage in import of finished goods including decorative paints, other coatings and related items for sale in Indonesia

Gail converts LPG unit to supply feedstock for BCPL's petrochem plant in Assam

The company will supply feedstock for the Rs 8920-cr petrochemical unit of Brahmaputra Cracker and Polymer Limited (BCPL) being set up at Lepetkata near Dibrugarh

Sika buys adhesive manufacturer Duro-Moza in Mozambique

The acquisition, its first in Africa, will provide Sika with a solid platform from which it can expand further in the region

BASF increases vitamin A production capacity

The company has expanded its capacity for vitamin A by 25% in Ludwigshafen, Germany

Japan's Toray to display novel polymers at Plastindia

The group, which is working on a strategy to expand in emerging countries, has identified India as one of the growth markets of future

BASF to invest Euro 56 mn to expand polyvinylpyrrolidone capacities

The company will increase its global PVP production capacities by up to 6,000 metric tonnes

MWV and RockTenn merge to create $16 bn packaging firm

Two industry leaders to create a powerful global provider of consumer and corrugated packaging solutions

Praxair receives NASA's $53 mn contract

The company will supply hydrogen to NASA's space programs

Falling crude oil prices pulls down Deepak Nitrite's revenues

The company's revenues fell by 9% to Rs 306.34 crore in Q3, while its net profit was up by 12% at Rs 12.73 crore

Suzlon sells Senvion to US-based Centerbridge for Rs 7200 cr

The company plans to use sale proceeds towards debt reduction and business growth in the key markets like India, USA and other emerging markets

GSFC plans to invest Rs 1209 cr to expand production

The company plans to increase capacity of Nylon-6, melamine and Nylon-6 fully drawn yarn by 15,000 MTPA, 40,000 MTPA and 2,600 MTPA respectively

Meghmani Organics strengthens agro formulation business

The company is aiming to achieve Rs 250 crore revenue from branded formulations business within next two years, a threefold rise from current revenue

US and Brazil to drive growth of bio-based materials market

The global capacity to produce bio-based materials and chemicals from emerging technologies will rise to over 7.4 million metric tonnes in 2018, according to Lux Research

Anellotech, IFP Energies & Axens to co-develop bio-aromatics technology

The new technology - which will produce bio-based benzene, toluene and paraxylene - is expected to be ready for industrial implementation in 2019

University of Tennessee to lead national composites institute in US

Advanced Composites Manufacturing Innovation (IACMI) has received a $70 mn commitment from the US Department of Energy (DOE) and $189 million from IACMI's partners

Global calcium chloride market to reach $1.2 bn by 2020

The global calcium chloride market, valued at $ 817.4 million in 2013, is anticipated to reach $ 1,205.8 million by 2020, according to Transparency Market Research

ONGC & IITs join hands to develop technologies for hydrocarbons & energy

Both sides have agreed to work towards a collective R&D programme for developing indigenous technologies to enhance exploration of hydrocarbons and alternate sources of energy