Page 129 - Chemicals

Samsung Heavy Industries secures shipbuilding order from Reliance: Platts

Korean company has received $723 mn order for very large ethane carriers

AkzoNobel starts work on decorative paints site in China

The first phase is scheduled to be opened in 2016, with full operations expected by 2017

Mexichem to buy HDPE pipe maker Dura-Line for $630 mn

Dura-Line has three factories in India (two in Goa and one in Neemrana, near Delhi), in addition to other manufacturing facilities in North America, Oman, Europe, and South Africa

Thermo Fisher Scientific sells Cole-Parmer to GTCR for $480 mn

Cole-Parmer is a provider of fluid handling, test and measurement, and electrochemistry products and services

"Novel drug delivery system is driving the demand for innovative excipients"

In this interview, Veena Singh, Regional Commercial Manager, Dow Pharma & Food Solutions, Dow India, elaborates on the growth drivers for the excipients market in India

We see a more rapid adoption of leading edge lubricants in India: Nitin Prasad

In this interview, Nitin Prasad, MD, Shell Lubricants, Shell India, elaborates on the changing dynamics in the lubricants market in the country

Equipment failure disrupts production at Huntsman's Texas facility

The stoppage is estimated to have a negative impact of $30 million EBITDA for Huntsman's Polyurethanes and Performance Products divisions

Clariant to hike ether amines capacity in Brazil

Expansion doubles Clariant global production of ether amines by the end of 2015

India must become manufacturing powerhouse: Narendra Modi

PM also urges Indian entrepreneurs to focus on quality and environment-friendly technologies to manufacture products

Rise in US propylene supply to fail to meet global PP demand

The US is positioned to capitalise on the polypropylene (PP) shortages as the demand increases manifold in other markets, particularly Asia, according to a Platts report

Lanxess to expand plastic compounding facility in the US

The company will invest about $15 million to set up second production line at its Gastonia, North Carolina, compounding facility for high-tech plastics

IIP exploring options to commercialise plastic waste-to-fuel technology

Indian Institute of Petroleum (IIP) has developed a technology to convert plastic waste into petroleum products

Stefan Kutta to head Celanese's transportation business in Asia

Kutta will relocate to the Celanese Shanghai

Harish Badami joins ACC Ltd as CEO & MD

The former Celanese India MD assumes ACC Ltd's office from August 13, 2014

BASF invests Euro 1-mn in UK-based SmartKem

SmartKem focuses on high performance organic semiconductor inks to enable printing of thin film transistors

Honeywell plans Rs 1400 cr investment in new Bangalore campus

The company has already invested around Rs 1,600 crore in Bangalore

Evonik to build methionine plant in the US

The company to construct a plant to produce Mepron, used in dairy cow nutrition, at Alabama, USA

ONGC Videsh signs product sharing contracts for two Myanmar blocks

Indian company had participated in the Myanmar Onland Bidding Round last year, and was awarded two onshore blocks, B2 and EP-3, in October

AkzoNobel India plans toll manufacturing unit in Bangladesh

Depending on the success, the company may set up its own in the neighbouring country

HPL's plant shutdown hurts plastic units in West Bengal

The month-long closure of Haldia Petrochemicals has disrupted the supply of polymers to plastics processors, especially the makers of injection moulded products