Page 154 - Chemicals

AspenTech launches Version 8.5 of aspenONE software

Unique new capabilities for Aspen InfoPlus.21, Aspen PIMS, and Aspen Petroleum Scheduler create additional profit opportunities for customers

Ranbaxy temporarily stops API supply from two plants

The company is currently examining processes and controls at all its API manufacturing and quality units

Chemical industry pins growth hope on next government

Plagued by stagflation, the chemical industry hopes that the new government to put the economy back on growth path by fast-tracking policy initiatives

Tier 2 & 3 towns have retained their buoyancy: Sameer Nagpal, Shalimar Paints

In this interview, Sameer Nagpal, MD and CEO of Shalimar Paints Ltd, shares the company's turnaround strategy and changing market dynamics of paints industry

Petron Engineering bags Rs 196 crore contract from JBF Petrochemicals

The contract is for JBF's PTA project in Mangalore

PhosAgro and Belaruskali ink potash supply contract

This follows last year's breakup of the Belaruskali-Uralkali consortium

Fire at Ceat's raw material unit in Mumbai plant

The manufacturing operations have been temporarily suspended at the plant

Indo Gulf Fertilisers reschedules maintenance plan for urea plant

Instead of March, the plant will shut down from February 26 for maintenance

US chemical industry invest $100 bn due to shale gas boom

More than half of the investment is by firms based outside the US

Shell to sell downstream businesses in Australia to Vitol for $2.6 bn

The sale covers Shell's Geelong Refinery and 870-site retail business - along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia

Cabinet gives nod to continuation of Rs 560-cr Nano Science Mission

The mission, in this new phase, will make greater effort to promote application-oriented R&D

Capacity for bio-based chemicals intermediates to double in 2017

Market for bio-based materials and chemicals to become nearly 13.2 million tonne, while specialty chemicals expand six-fold to 5,90,000 MT in 2017, according to Lux Research

Cipla to market US-based MSD's HIV drug raltegravir in India

With this model, both companies expect to broaden reach of raltegravir in private and public markets in India

Phillips Carbon Black's CFO Jateen Kapoor resigns

Altaf Jiwani to take over the additional responsibility of CFO

Deloitte to guide Elder Pharma in business restructuring

This follows the sale of Elder's domestic formulations business to Torrent Pharmaceuticals in December 2013

Audia acquires BASF's liquid masterbatch business

BASF will now focus on business with solid and powder masterbatches

Ashland sells Water Technologies business to Clayton, Dubilier & Rice for $1.8 bn

This divestiture allows Ashland to focus on its core specialty chemicals business

Dr Maurice Chagnaud to head Lupin's European operation

He will also be responsible for developing Lupin's core strategy for inhalation in the developed markets

KNPC awards clean fuel project contact to Fluor JV in Kuwait

The Clean Fuels Project involves upgrading Kuwait's Mina Abdullah and Mina Al-Ahmadi refineries in order to increase capacity

Success strategies for Indian pharma industry in an uncertain world

The Indian pharmaceutical industry is going through a period of significant volatility and uncertainty, requiring companies to re-visit their traditional growth strategies to succeed