Page 113 - Chemicals
GSP Crop Science receives Rs 95 cr from Oman India Fund
Gujarat based GSP Crop Science manufactures pesticide formulation and technical ingredients
 "GSP Crop Science receives Rs 95 cr from Oman India Fund")
DuPont sells Neoprene polychloroprene to Denka Performance
Neoprene, invented by DuPont in 1931, is a synthetic rubber used for many chemical and weather-resistant products such as wet suits and orthopaedic braces
BASF builds chemical catalysts manufacturing plant in Shanghai
These catalysts are used in the production of fatty alcohols, sulfuric acid and butanediol and for the removal of impurities from olefins
 "BASF builds chemical catalysts manufacturing plant in Shanghai")
Reliance Industries forms JV with China's Ruyi for textile business
RIL, which owns Vimal brand, will transfer its existing textile business into the new JV, in which it will own a majority 51% stake
 "Reliance Industries forms JV with China's Ruyi for textile business")
Israeli agrochemical firm Adama to expand operations in India
The company, which has already spent Rs 60 million in the country, is planning to invest another $50 million in the next 2-3 years
 "Israeli agrochemical firm Adama to expand operations in India")
BASF to set up Rs 360 cr innovation campus in Navi Mumbai
The innovation campus, which will start in 2017, will house 300 scientists who will collaborate on global and regional research and development projects
 "BASF to set up Rs 360 cr innovation campus in Navi Mumbai")
Thriving consumer market driving demand for specialty polymers
Indian polymer industry should focus on developing specialty polymers - a key component of consumer goods such as electronics, automotive, etc - indigenously as the demand for these products grow mani
 "Thriving consumer market driving demand for specialty polymers")
Reliance Industries inks MoU with Mexico's PEMEX
As per the MoU, RIL will cooperate with PEMEX for assessment of potential upstream oil and gas business opportunities in Mexico
 "Reliance Industries inks MoU with Mexico's PEMEX")
BASF to acquire Taiwanese TPU adhesive producer TaiwanSheen Soon
With the acquisition, BASF will become an integrated solution provider for thermoplastic polyurethanes (TPU) and TPU adhesives, which enhances its value proposition to customers
Indorama Ventures to acquire China's Performance Fibers
The acquisition of Performance Fibers Asia (a premier producer of tyre fabrics) will help Indorama to consolidate its position as a major supplier of raw material to tyre industry in Asia
 "Indorama Ventures to acquire China's Performance Fibers")
Ineos and Sasol begin construction of HDPE plant in Texas
The facility, which is expected to go on stream in 2016, will produce 470 kilotonnes per annum of bimodal HDPE using Innovene S process technology licensed from Ineos
Yara to invest $220 mn in Swedish ammonium nitrate facility
The company will increase technical ammonium nitrate capacity in Koping, Sweden, to about 450 kt per annum
Dow divests sodium borohydride business and polyolefin films plant
The deal, to sell its global sodium borohydride business to Vertellus Specialty Materials and its polyolefin films plant in Ohio to Valfilm, to fetch Dow $225 million
Celanese to set up technology center in Mexico
With the new commercial and technology center in Mexico, Celanese will offer customers a diversified portfolio of products and solutions
US membrane market to reach $6.2 bn in 2018
Reverse osmosis will be one of the fastest growing membrane types, advancing at an 8.6 percent annual rate through 2018 to $1.6 billion, according to Freedonia Group's report
 "US membrane market to reach $6.2 bn in 2018")
Clariant aims to tap pharma industry with packaging solutions
The company showcases latest polymer and desiccant packaging solutions at CPhI India 2014 which can maintain drug stability and extend shelf life
 "Clariant aims to tap pharma industry with packaging solutions")
Manufacturing trends of 2015: Harsh Marwah
With 2014 coming to an end and Indian manufacturers begin to plan for the year to come, here are five manufacturing trends that will impact the industry in 2015
 "Manufacturing trends of 2015: Harsh Marwah")
Gail inks gas supply pact with WGL for liquefaction in US
The agreement has been signed for a period of 20 years and supplies are expected to commence from late 2017 when the LNG terminal, in which Gail holds liquefaction capacity, becomes operational
 "Gail inks gas supply pact with WGL for liquefaction in US")
Bayer MaterialScience to focus on innovation and sustainability for growth
The company's all activities will be aligned to improve people's lives, helping to preserve the environment and conserve natural resources, and creating value
Toyo bags contract for Sasol's polyethylene project in US
Japan's firm will provide detailed engineering, procurement, module fabrication, and construction support services for a 4,50,000-tpa LLDPEplant
