Page 124 - Chemicals

Germany's Merck to acquire Sigma-Aldrich for $17 billion

Acquisition expands Merck Millipore's global reach, increasing the company's presence in North America and adding exposure to fast-growing Asian markets

RusVinyl commences PVC production in Russia

The Euro 1.4 billion greenfield project is considered to be one of the largest petrochemical projects in Russia

Opal's Dahej petrochemical plant to go on stream in June 2015

The delay has escalated the cost of the project by 27% to Rs 27,122 crore

RCF plans to set up 1.27 MT urea plant in Iran

The company is also exploring possibilities of entering into long-term offtake agreements for potash with suppliers in Canada

Assam Gas Cracker may go on stream by June 2015

The project, undertaken by the Brahmaputra Crackers and Polymers Limited, is expected to generate substantial investments in downstream plastic processing industries

Aegis Logistics forms JV with Japan's Itochu Petroleum for LPG

For this, Indian firm sells 40% stake in its Singapore subsidiary to Itochu for $ 5.85 million (about Rs 35 crore)

Arkema proposes to buy Total's adhesive company Bostik for Euro 1.74 bn

With this acquisition, France-based Arkema plans to strengthen its position in specialty chemicals

Bayer to realign business; decides to focus only on life sciences biz

The company plans to float MaterialScience as separate company, and focus only on life sciences businesses - HealthCare and CropScience

Vikas GlobalOne expands UPVC compounds and flame retardants range

The company expects to generate additional revenue of Rs 35 crores from these new launches, which are targeted at manufacturers of rigid PVC pipes and wires & cables

US-based PolyOne opens masterbatch facility in Pune

The facility will manufacture specialty solid masterbatch, and liquid colour & additive formulations to serve markets such as transportation, healthcare, wires & cables and packaging

Apollo Tyres to invest Euro 475 mn for new Hungarian facility

The plant will have a capacity to produce 5.5 million passenger car & light truck tyres and 675,000 heavy commercial vehicle tyres per annum

Sustainable solutions to drive Bayer CropScience growth

The company expects market for agricultural inputs to grow to Euro 100 billion by 2020 from Euro 50 billion in 2008 despite increasing volatility

Biocides market in US to reach $4 bn in 2018

Improving economic conditions and rising emphasis on improved sanitation in workplaces are driving the demand for biocides in the industrial markets, says Freedonia report

Can natural refrigerants offer solution for ozone depletion?

While developing countries widely use R410a refrigerant in air-conditioning to adhere to Montreal Protocol, there is a need to explore natural refrigerants for a green future

DuPont opens innovation center in Shanghai

The center will facilitate collaboration between customers, industry regulators, academia, business partners and DuPont scientists and engineers around the world

Bostik starts adhesives plant in Malaysia

The new plant will manufacture cementitious tile adhesives to serve Malaysia and Singapore construction markets

Swiss firm Clariant expands pigments capacity in Roha

Increased production of pigments and pigment preparations, made possible with Rs 20 crore investment, will serve local and export markets

Alkali Mfrs Association elects Ramkumar Shankar as President

Anil Kumar is the new Vice President of AMAI for 2014-15

AkzoNobel, Photanol tie up for developing chemicals from sunlight

The two companies will work on creating sustainable technology which mimics the way plants use photosynthesis

Sibur to proceed with $9.5-bn ZapSibNeftekhim petrochemical project

ZapSibNeftekhim's project is designed to produce various petrochemicals such as ethylene, propylene, butane-butylene fraction (BBF), polyethylene and polypropylene