Page 115 - Chemicals

Camphor & Allied Products inks supply pact with US-based IFF

The company will supply fragrance ingredient intermediates and finished products to the US company

E&P companies spend $7-bn in next gen oil & gas technologies

North America's booming oil and gas market was the runaway leader, driven by unmet needs in tight oil/shale gas and heavy oil, according to Lux Research

Lubrizol acquire PHC ingredients-maker Warwick Chemicals

Post-acquisition, Warwick Chemicals will retain its company name and will become part of Lubrizol Advanced Materials

Merck commissions biomass energy plant in Goa

The co-generation unit, which has a power output of 3 megawatts, generates electricity and steam for the pharmaceutical and chemical production operations in Goa

Global cleaning chemicals market to reach $46 bn in 2018

Healthcare and food & beverages industries are expected to drive the global demand of industrial and institutional (I&I) cleaning chemicals, according to Freedonia

Solvay Specialty's Panoli plant receives Responsible Care certification

Responsible Care is a voluntary initiative of the global chemical industry to improve health and environmental performance, and enhance security

Lubrizol and Mitsui Chemicals ink alliance pact for Lucant polymer

As per the deal, Lubrizol will be the exclusive worldwide seller and marketer of the Lucant polymer product range to the lubricant industry

Optimum agrochemicals usage key to raise India's food yield: Rajesh Aggarwal

If India wants to keep food security intact in the next two decades, promoting optimum use of crop protection solutions is of utmost importance

Astral Poly Technik buy 76% stake in adhesive maker Resinova for Rs 213 cr

The acquisition of Resinova will synergise with Astral's existing pipes and fittings businesses by deepening and widening its product offerings

VA Tech Wabag bags Rs 100-cr sewage treatment order in Philippines

Wabag has already executed three projects in Philippines at Bagbag, Tatalon and Don Imelda and is currently executing two large projects at Illugin and Putatan

Stephen Pryor to retire as ExxonMobil Chemical's president

Neil Chapman, senior vice president, Polymers, ExxonMobil Chemical, likely to be appointed in his place

PerkinElmer to buy Swedish firm Perten Instruments for $266 mn

The acquisition is expected to significantly expand PerkinElmer's presence in the rapidly growing area of food testing

High energy cost & low R&D spending decline EU chemical sector's competitiveness

Energy-intensive chemical segments such as petrochemicals and polymers, which account for half of EU chemicals exports, were especially hit

Ineos to invest $1 bn in the UK shale gas industry

If Ineos wins all the shale gas licenses it has applied for, the company will be the biggest player in the UK shale gas industry

Marine Ingredients buys BASF's omega-3 plant in Norway

The US-based company has acquired BASF's manufacturing facility for natural fish oils, medium-concentrated omega-3s, and customised bottled fish oil in Brattvag, Norway

BASF and Glunz co-develops multicolour medium-density fibreboards

These specially designed fibreboard materials consist of mass-coloured wood fibres and offer many design options for various fields of application

Govt abolishes licensing for ammonium nitrate fuel oil

Removal of licensing requirements is expected to help mine owners, who had to obtain multiple licences for making ANFO, used for blasting purpose in mines

Verdezyne to set up bio-based diacids plant in Malaysia

Agreement with Bio-XCell to finance and build Verdezyne's commercial plant with annual production capacity of 30 million pounds of diacids

Orica sells chemicals business to Blackstone for Aus$ 750 mn

The sale includes the chemicals trading businesses in Australia, New Zealand and Latin America and the Australian chlor-alkali manufacturing business

Kemira opens functional chemicals plant in China

The plant, built at Nanjing Chemical Park, Jiangsu Province, will provide a wide range of functional and process chemicals for water-intensive industries such as paper