Page 112 - Chemicals

Artson Engineering bags Rs 10-cr contract from UAE firm

The company has received a letter of intent (LoI) for fabrication and painting of chemical storage tanks at Sharjah, UAE

ONGC awards Euro 100-mn contract to Technip for onshore terminal

The contract was awarded for the construction of a 6-MMSCMD onshore terminal at Odalarevu in Andhra Pradesh, as part of the integrated development of Vashishta & S1 fields

BASF transfers automotive refinish coatings business in India to Wurth

The company will transfer the team of Glasurit, a BASF premium automotive refinish paint brand, in India to Wurth to support a smooth transition

Air Products to set up industrial gases unit for Sibur in Russia

Air Products will supply industrial gases to Sibur's Perm subsidiary and invest its own cash to build and operate the new air separation unit

First propylene unit using UOP Oleflex technology reaches project capacity in Russia

UOP Oleflex technology meeting design capacity of 5,10,000 metric tonnes annually of high-quality propylene to meet growing global demand

PE firm Standard Investment buys DSM Synres

DSM Synres produces solvent-borne alkyd and acrylic coating resins at its site in Hoek van Holland (Netherlands) for the global coatings, adhesives and graphic arts

Deutsche Beteiligungs acquires process equipment maker Pfaudler

Pfaudler, which manufactures manufacturer of glass lined as well as fluoropolymer reactors and components at nine locations globally, owns majority shares in GMM Pfaudler in India

Asahi buys Johnson Matthey's gold & silver refining business for $186 mn

The business will be divested to Asahi Holdings Inc, a collector, refiner and recycler of precious and rare metals from waste materials

Technip announces plans to acquire Zimmer Polymer Technologies

The new polymers business will strengthen Technip's portfolio of downstream technologies by enhancing group's position as a technology provider to the petrochemicals industries

Pidilite Industries establishes subsidiary in Ethiopia

The Ethiopian subsidiary, Pidilite Chemical Plc, will manufacture adhesives, mastics, paints, varnishes or similar coatings, printing, writing and painting inks, etc

NMDC signs MoU with Acron for stake in potash project in Russia

The company signed the MoU on behalf of a consortium comprising NMDC, RCF, Kribhco, FACT and NFL

Sinopec-Mitsui JVs commission plants for phenol, acetone and EPT in Shanghai

The new plants of ethylene-propylene-dieneterpolymer (EPT), phenol and acetone will meet the growing demands for these materials in China

New fertiliser units to boost production in next five years

The government is planning to start and revive at least 6-7 fertiliser plants in next 5 years in both public and private sectors, according to Ananth Kumar

Nuberg Engineering bags contract to set up UAE's first calcium chloride plant

New project, which is third in row, makes the total contract between Nuberg and Al Ghaith close to $ 50 million

Total Energy invests in Solidia Technologies

Solidia Technologies has developed a process that uses carbon dioxide to manufacture sustainable cement and concrete

Brenntag acquires Colombian specialty chemicals distributor SurtiQuimicos

With SurtiQuimicos, Brenntag will acquire a well-established business platform for the further development of its portfolio in Colombia

Reliance Industries to invest $4 bn in polyester value chain

The company plans to increase capacity from 7.5 million tonnes to 15 million tonnes

Rosneft and Essar ink supply agreement for petroleum products

Russian firm will supply oil and oil products for Essar's refineries in India

Saudi Aramco and ExxonMobil JV completes clean fuels project

The new hydrotreater dramatically reduces sulfur levels in gasoline and diesel

Evonik starts two crosslinking activator plants in Germany

With triallyl cyanurate (TAC) and triallyl isocyanurate (Taicros), the company now offers two high-quality crosslinking activators for use in plastics and rubber