Page 144 - Chemicals

Sharon Bio-Medicine plant catches fire

The plant, located at Taloja (Maharashtra), manufactures APIs and intermediates

A. Schulman to acquire assets of Ferro's Specialty Plastics business

Acquisition to strategically expand A. Schulman's engineered plastics and masterbatch colour capabilities in the US and Spain

India will outpace Asia's growth in biodiesel: Lux Research

China and India to dominate Asia's alternative fuels market, but aggressive targets, such as China's 10% ethanol in 2020 and India's 20% biofuels in 2017, are unlikely to be met, says Lux Research

Shalimar Paints records Rs 2.80 cr loss in FY14

While overall decorative business growth was flat in FY14, industrial business was impacted by the slowdown in the economy

Air Liquide CEO Benoit Potier to head European industrialist forum

He will replace Leif Johansson, Chairman of Ericsson and AstraZeneca, as Chairman of the European Round Table of Industrialists (ERT) as of June 1, 2014

Berger Paints profit up by 13% in Q4

The company has posted a net profit of Rs 234.25 crore for FY14, up by about 12% compared to Rs 209.8 crore last year

D J Balaji Rao to step down as 3M India's Chairman

B S Iyer to take over as Chairman from August 4, 2014

AspenTech launches aspenONE Version 8.6 software for process industries

The new software expected to deliver activated dynamic analysis, expand safety analysis and cost estimation capabilities

Clariant and Siemens to introduce SGS technology for coal gasification

The agreement appoints Clariant as the exclusive catalyst supplier for all Siemens gasification integrated sour gas shift (SGS) projects

Air Liquide bags industrial gases contract from Chinese electronics company

French firm will invest around Euro 25 million in a large on-site generator to produce ultra-high purity nitrogen and other bulk gases

US chemical production up in April 2014: ACC

Compared to April 2013, total chemical production in all regions was ahead by 2% on a year-on-year basis

Celanese to set up VAE emulsions unit in Southeast Asia

New production unit will manufacture vinyl acetate ethylene (VAE) emulsions for high-end applications

Whitening agents to brighten Deepak Nitrite's business prospects

With optical brightening agent (OBA) business expected to fetch about Rs 250 crore this year, the company feels it is on strong footing to achieve this year's target

Mitsui Chemicals to sell maleic anhydride and fumaric acid business to Fuso

The move follows Mitsui Chemicals announcement in February 2014 to close its Kashima Works and termination of all plants by late December 2016 in line with its strategy to restructure its urethane bus

Arkema and Polymem to jointly market UF membrane technology

The ultrafiltration technology uses membranes manufactured by Polymem from a brand new nanostructured Kynar PVDF polymer developed by Arkema

Nita Ambani to join RIL board

She has been nominated to the board in place of Ramnik Ambani, who retires at the age of 90 years

Vinati Organics plans Rs 150-crore expansion

To invest Rs 100 crore in debottlenecking of its existing plants and new products

Sika acquires Swiss adhesives manufacturer Klebag Chemie

The takeover will strengthen Sika's position in the Swiss interior finishing sector

Evonik starts isophorone facilities in China

Built with an investment exceeding Euro 100 million, the site will have capacity of 50,000 tonnes

Paints industry on a 'high' with high performance additives

Rising demand for premium and eco-friendly coatings is increasing demand for high performance additives in India