Page 146 - Chemicals

BASF plans to set up petrochemicals complex in the US

The plant, which will be BASF's largest single-plant invest till date, will take advantage of the shale gas boom in the US

Clariant India sells leather services business to Stahl

The deal, worth Rs 156 crores, is in line with the Swiss company's global strategy

Indonesian pharmaceutical market to reach $9.9 bn by 2020

Rising government healthcare expenditure and growing life expectancy driving the growth of this industry, while weak intellectual property enforcement poses threat, says GlobalData

China imposes anti-dumping duty on India's tertiary butylhydroquinone

Tertiary butylhydroquinone is a kind of antioxidant, which can be used in instant noodles, bacon, dried food cans and fried food

US cleaning chemicals market to reach $ 11.5 bn in 2018

Healthy growth in cleaning chemicals demand in the manufacturing market will principally reflect rising consumption in the food and beverage industry, according to Freedonia Group

Honeywell to expand nylon polymer production capacity in USA

The new line, with a capacity of 40,000 metric tonnes per year, is expected to start production in the fourth quarter of 2015

Fluor wins EPCM contract from BASF for ingredients plant in Malaysia

The new aroma ingredients facility will enable BASF Petronas Chemicals to meet the fragrance and flavour industry's growing needs

Arrow Coated Products receives US patent for water soluble film based matrix

The company has a total of 30 granted patents, in India, US, Europe, Africa and Australia, which it is planning to commercialise in the coming years

Altana group invests Euro 30 mn for expansion in China

Its Actega division has opened research facility for coatings and sealants in Foshan, Elantas has raised capacity of wire enamels in Tongling, and BYK is planning for a new additives plant in Shanghai

Natco files ANDA for oncology drug bendamustine

The drug, marketed by Teva under the brand name Treanda, has the market size of approximately $ 660 million in the US for twelve months ending September 2013

Samir Bhaumik puts down paper as MD & CEO of DIC India

Yasuo Ikeda, Chief Operating Officer, to act as the Chief Executive Officer

Bayer may put plastics unit on the block: Bloomberg

Evonik one of the major contenders to buy the Bayer's plastics unit, which has the potential to fetch more than Euro 7.8 billion ($10.8 billion) including net debt

Evonik invests in biotech start-up Algal Scientific

Algal has developed innovative technology for beta-glucan production from algae

Sun Pharma Advanced Research appoints Anil Raghavan as CEO

He has a rich experience in management consulting and technology services

Strides Arcolab's gets continued US FDA approval status for Bangalore facility

The oral dosage forms manufacturing plant supports important current and future submissions for the US market

Solvay and Invista renew agreement for adiponitrile

The agreement will allow Solvay's polyamide & intermediates global business unit to improve its competitiveness

Biocon appoints Dr Arun Chandavarkar as CEO and Jt MD

Dr Chandavarkar has been a core member of the leadership team at Biocon and has been associated with the company for over the last 24 years

HP drug regulator suspends Wockhardt product

To revoke the said suspension, the company is filing an appeal before the State Government under the provisions of applicable law

Bhushan Steel receives pollution control board's nod for blast furnace in Odisha

The production from the furnace is expected to start in few weeks

EU chemicals output grows for the fourth consecutive month

While chemicals output was up by 3%, petrochemicals output continued to contract in January 2014, down by 4.2% compared with January 2013, according to the European Chemical Industry Council (Cefic)