Page 119 - Chemicals
Fluor and Technip JV bags contract for Sasol's Louisiana ethane cracker
As per the contract, the two companies will be responsible for the 1.5 million tonnes-per-year ethane cracker, downstream derivatives units and associated utilities
SRF's net up 61% to Rs 76 crore in Q2
The company's total income from operations during the July-September quarter also increased 9.98% to Rs 928 crore as against Rs 844 crore a year ago
 "SRF's net up 61% to Rs 76 crore in Q2")
Andhra Petrochemicals may start production at Vizag plant soon
Cyclone Hudhud has resulted in loss of production to the company
Thermo Fisher Scientific opens manufacturing facility in California
The $85-mn facility will develop and manufacture innovative technologies for diagnostic testing and quality controls that have applications in healthcare and other markets
 "Thermo Fisher Scientific opens manufacturing facility in California")
AkzoNobel starts operation at vehicle refinishes plant in China
The new factory adds around 25 million litres of capacity vehicle refinishes products and strengthens its position in China's vehicle refinishes and commercial vehicle OEM markets
Vipul Shah: Can India bridge the gap in global manpower shortage?
With the global chemical industry likely to witness huge shortage of skilled manpower in near future, India will have to organise itself to take advantage of this opportunity
 "Vipul Shah: Can India bridge the gap in global manpower shortage?")
Japan's Kurita buys ICL's aluminium, paper chemicals and water treatment biz
ICL's Performance Products segment to divest its Germany-based APW business as part of ICL's strategy to focus on its core businesses in agriculture, food and engineered materials
US EPA plans to restrict usage of 72 chemicals in pesticides
The US environment regulator proposes to remove 72 chemicals from approved pesticide inert ingredient list
Fluor and Technip bag EPCM contract for Petronas refinery project in Malaysia
Two companies have bagged contact for RAPID project, a part of the mammoth Petronas Pengerang Integrated Complex development that is worth an estimated $ 27 billion
Sanjeev Gandhi joins BASF's Board
Gandhi, head of BASF's Intermediates division, has been appointed in place of Dr Andreas Kreimeyer who will retire on April 30, 2015
 "Sanjeev Gandhi joins BASF's Board")
AkzoNobel divests stake in Eka Synthomer JV
Following an earlier announcement about the intended divestment of AkzoNobel's Paper Chemicals activities to Kemira, this deal completes its exit from the paper chemicals market
Asian Paints to acquire majority stake in Ethiopia's Kadisco Paint
By acquiring stake in Kadisco Paint, the company aims to further strengthen its presence in the region
 "Asian Paints to acquire majority stake in Ethiopia's Kadisco Paint")
Saint-Gobain to open glass manufacturing complex in Rajasthan
Built with an investment of Rs 1000 crore, the plant will have manufacturing capacity of close to 1,000 tonne glass a day initially
 "Saint-Gobain to open glass manufacturing complex in Rajasthan")
Dr Amin Controllers acquires Intertek India's minerals business
The company will manage all existing and future contracts including laboratory testing from Kolkata, Paradip and Chennai in the minerals business
Yara plans $350 mn investment to expand fertiliser plant in Norway
The investment will increase the capacity by 50,000 tonnes of compound NPK and 200,000 tonnes of calcium nitrate annually at Porsgrunn site
 "Yara plans $350 mn investment to expand fertiliser plant in Norway")
Bio-based chemicals to attract $1 bn investment in 2014
Fermentation took home the largest share of investment, with companies in this space pulling in nearly $3 billion total since 2000, hitting a peak of $475.6 million in 2011, according to Lux Research
 "Bio-based chemicals to attract $1 bn investment in 2014")
BASF's ultrafiltration business bags contract for desalination plant in Jamnagar
The company's subsidiary, Inge GmbH, has secured a contract to supply high-capacity ultrafiltration technology for a desalination plant in Jamnagar, Gujarat
 "BASF's ultrafiltration business bags contract for desalination plant in Jamnagar")
Global fluorochemicals demand to reach 3.8 mn MT in 2018
While India will be the fastest growing market for fluorochemicals, China will continue to be the largest market in 2018, says a Freedonia Group's new report
 "Global fluorochemicals demand to reach 3.8 mn MT in 2018")
Total's CEO killed in plane crash at Moscow airport
Christophe de Margerie, Chairman and CEO of French energy company, died in a private plane crash at Vnukovo Airport in Moscow, following a collision with a snow removal machine
CCEA approvals special banking route for paying fertiliser subsidy
The government has approved the implementation of the Special Banking Arrangement (SBA) for Rs.14,500 crore for outstanding claims on account of fertiliser subsidy in the year 2013-14
