Page 116 - Chemicals

Tatarstan eyes collaboration with India in pharma, chemicals, fertilisers

India and Tatarstan to set up a joint working group (JWG) comprising representatives of all three streams - fertilisers, chemicals and petrochemicals, pharmaceuticals

Apar Industries to set up specialty oils plant in UAE

The plant will have facilities to store, blend and process a wide range of speciality oils and lubricants for the power, cosmetics, industrial and automotive verticals

Cipla forms alliance with Serum Institute to market paediatric vaccines in Europe

While Serum Institute will manufacture paediatric vaccines, Cipla will seek approvals and market the products in Europe

Ineos completes BASF's stake purchase in Styrolution

Styrolution will continue to operate as a stand-alone business within Ineos Industries Holdings Limited

BP to invest $200 mn for upgrading PTA plants in US and Belgium

Purified terephthalic acid is the raw material used to make polyester which is found in a wide range of consumer goods ranging from fabrics to food and beverage containers

Dow to expand polyethylene production in Argentina

Expansion will enable Dow to produce more high performance resins for flexible and rigid packaging applications to meet growing demand in Latin America

LBO France buys construction chemicals maker Chryso for Euro 285 mn

The PE firm has bought Chryso from Materis

Norway and India explore cooperation in hydrocarbon explorations

Norwegian Ambassador along with a business delegation of Norwegian companies met Dharmendra Pradhan, Minister of State for Petroleum and Natural Gas in this regard

Praj Industries bags Rs 235-cr order from Brazil's Petrobras

Praj will provide detailed engineering, procurement, manufacturing of skids for Petrobras

IOC plans to set up Rs 4000-cr ethylene derivative plant in Paradip

The company has begun construction work for its Rs 3150-cr polypropylene plant in Paradip

Dow sells Angus Chemical to Golden Gate Capital for $1.215 bn

The divestiture aligns to Dow's efforts to achieve its identified target of $ 4.5 billion to $ 6 billion in proceeds from shedding non-strategic assets and businesses by year-end 2015

The importance of unexpected outcomes: Neal Williams

Organisations that are able to achieve an effective cross-departmental dialogue will be best placed to identify opportunities to transfer technologies from one business area to another

Ananth Kumar unveils world's largest glass fibre reinforced gypsum panel

Prefab Gypwall, which is approved as an alternative building material, envisages new construction methodology for affordable housing

Proactive approach towards corrosion control must to prevent loss: Ananth Kumar

In India alone, the loss on account of corrosion is estimated at around $ 67 billion (over Rs 4 lakh crore), which can be reduced by adopting corrosion control and management techniques

ONGC to invest over Rs 10,600 cr to enhance production

While the company will invest Rs 6,069 crore for redevelopment (Phase-III) of Mumbai High (South), it will spend Rs 4620 crore in integrated development of Mukta, Bassein and Panna formations

TAPI Pipeline Company established by member countries

The company, in which Gail has a stake, will export up to 33 billion cubic meters of natural gas a year from Turkmenistan to Afghanistan, Pakistan, and India over 30 years

Shalimar Paints records Rs 2 cr loss in Q2 FY14-15

The company's sales down by 7% to Rs 112 crore due to capacity constraints in the industrial segment after Howrah plant became in-operative

Aurobindo emerges winner to buy US-based Natrol with $132 mn bid

Natrol, which manufactures nutritional supplements, provides Aurobindo with strong brand reputation and presence in a variety of attractive supplement markets

RCF and BPCL tie up for water recycling project in Mumbai

Two companies will set up a sewage treatment plant to treat 22.75 MLD of sewage to produce about 15 MLD of treated water, which will be used by RCF and BPCL

Meghmani Finechem to set up caustic potash plant in Dahej

The company will built 60 metric tonnes per day caustic potash plant with an investment of Rs 65 crores