Page 127 - Chemicals

CII seminar stresses on standardisation needs for quality products

The seminar addressed the role of standards in value creation for end user, customer and chemical industry

POET-DSM starts first commercial-scale cellulosic ethanol plant in the US

The plant, named 'Project Liberty', converts baled corn cobs, leaves, husk and stalk into renewable fuel

Bayer CropScience to invest $1 bn for capex in US

The company will invest mainly to ramp up R&D and to expand product supply of its top crop protection brands

Evonik plans Euro 2 bn investment in German to expand operations

The company to build new large-scale industrial plants at Marl and Wesseling

Lanxess launches retanning agents based on biopolymers

The Levotan X-Biomer technology effectively utilises biopolymers for a more sustainable production of high quality leather

Royal Adhesives & Sealant buys Chemque

The acquisition of Chemque will strengthen Royal's position in adhesives, sealants and coatings business

A Schulman acquires Australian plastic compound maker Compco

This is likely to help A Schulman to continue its growth momentum in Asia Pacific

Indian pharma companies need to tap unexplored markets to boost revenues

As part of risk mitigation strategies, Indian companies should expore untapped markets such as South America, GCC, CIS, Japan, etc in addition to the US and Europe

Albemarle completes sale of ibuprofen and other businesses to SI Group

In April this year, Albemarle had entered into a pact to sell antioxidant, ibuprofen and propofol businesses to SI Group

Chlor-alkali industries in China, India to fuel growth of global salt market

In addition to chemical industry, road deicing and food processing to push demand for salt to reach 325 million metric tonnes by 2018, says the Freedonia Group study

KSBG acquires Evonik's stake in STEAG for Euro 570 mn

STEAG, which has subsidiaries in India, Brazil, Turkey, Switzerland and the US, intends to expand the power generation potential, especially in the area of renewable energy, in Germany and abroad

BASF hikes pigments and dyes prices

These products are mainly used as raw materials in the coatings and paints, and in the printing and plastics industries

Albemarle and ICL join hands to tap flame retardants market

The two companies form JV to manufacture polymeric flame retardants that are designed to replace hexabromocyclododecane, which is being phased out in many countries

AkzoNobel restructures performance coatings business

The simplified new structure - due to become fully operational in January 2015 - will reduce the number of global management layers

Airgas' new North Dakota plant to enhance service to Bakken shale oil region

Plant to improve supply of core industrial gases, welding-related equipment and other related serves to the local industry

Africa, ME, Asia to drive global biofuels demand to 115 mn tonnes by 2018

Growth in 2013-18 period likely to be moderate compared to 2008-13 period as demand from the US stagnates, says the Freedonia Group report

BASF's Kenyan concrete admixture plant to strengthen E African market

The new facility will meet the demands for multi-story buildings, long-lasting infrastructural constructions and more energy efficiency in construction techniques

Piramal Enterprises-Navin Fluorine JV plans to invest Rs 120 crore

Two companies have formed a joint venture to develop specialty fluorochemicals for applications in healthcare industry

Reliance Industries to shut down Hazira cracker for 4 weeks

RIL plans to undertake turnaround activities to enhance productivity

MRPL commissions petro fluidised catalytic cracking unit

This will increase its production of LPG, light distillates and propylene, which is a feed for polypropylene unit