Page 117 - Chemicals

Solvay commissions ETFBO facility in Germany

ETFBO (4-ethoxy-1,1,1-trifluoro-3-butene-2-one) is used in agrochemicals production for increasing efficiency of active ingredient molecules and making them more easily biodegradable

Petronas acquires Phillips 66's stake in Malaysian Refining Company

The company will pay $635 million for making MRC its wholly-owned subsidiary

Sanjay Syal resigns Indo Rama Synthetics as President & CFO

Sanjeev Aggarwal is the new President & Chief Financial Officer

Styrolution to shut down polystyrene plant in Sweden

The planned closure is aimed at bolstering the long-term economic sustainability of Styrolution's polystyrene business in EMEA

Hilleman Labs inks pact with Bangladeshi firm for oral cholera vaccine

The company, a JV between Merck and Wellcome Trust, will collaborates with Incepta Vaccine and ICDDR,B to fast track the clinical trials and product licensing and commercialisation of oral cholera vac

Tata Chemicals' PAT up 91% in Q2 to Rs 257 cr

The company's consolidated income from operations for Q2 FY14-15 was up by 11 percent at Rs 4,803 crore

The changing nature of oil prices: Dr Mosongo Moukwa

Looking past the Peak Oil theory, production has continued and oil prices have declined

Global polyethylene market to reach $ 164 bn in 2018

The Asia/Pacific region will be the largest and fastest growing polyethylene market through 2018, fueled by China, India and China, according to Freedonia Group

Air Liquide buys Swedish compressed biogas distributor FordonsGas

With more than 40 CBG stations, FordonsGas is one of the largest distribution networks for this alternative fuel in Sweden

Rosier appoints Willy Raymaekers as CEO

The appointment aimed at increasing cooperation between Rosier and its parent company Borealis

Lanxess implements first phase of realignment; to cut 1,000 jobs

The Group plans to make total annual savings of Euro 150 million as of the end of 2016

Middle East chemical industry to grow fastest globally 2013 to 2020

Industrial diversification and expansions in regional manufacturing capabilities to fuel growth of chemical industry in the region, according to Frost & Sullivan

Indian Railways to push for biodiesel adoption

According to Sadananda Gowda, Minister of Railways, Indian Railways will start using biodiesel up to 5% of the total fuel consumption in diesel locomotives

Danish company Danfoss opens Rs 500-cr manufacturing facility in Chennai

The company plans to make India a manufacturing cum export hub for its regional subsidiaries and source products from local suppliers, thereby creating ancillary jobs

Praxair to expand New Mexico nitrogen facilities

The expansion will more than triple its current capacity of liquid nitrogen to over 800 tonnes per day

ThyssenKrupp receives contract from Atul Ltd for caustic soda plant

The project envisages the conversion of Atul Ltd's existing mercury cell caustic soda facility at Atul near Valsad and to set-up a 75 tonne per day (tpd) membrane cell facility

Albemarle to raise curative products capacity in Texas plant

The expansion will support Albemarle's Ethacure 100 liquid curative product for application in polyureas, urethanes and epoxies

AkzoNobel opens powder coatings facility in Dubai

The plant will meet the growing demand for decorative powder coatings - particularly from the architectural sector - as well as functional products used in the oil &gas and construction markets

Reliance Industries plans stake sell in US shale business

The company plans to exit the Eagle Ford Shale Midstream business, in which Pioneer Natural Resources is the partner

Crop Care Federation claims data fudging in organic farming

The agrochemical industry body, which claimed that organic farming in India is founded on fabricated data, has approached Prime Minister seeking investigation