Page 159 - Chemicals

Profitable opportunities remain in $600-billion water industry: Lux Research

A Lux survey found profits average 12.9% industry-wide and identified new technologies and start-ups promising to create additional opportunities

Novozymes' Household Care business grows 9% in 2013

The company to focus on regional and customised solutions, especially for emerging markets

Multi Organisation Team set up to re-assess hydrocarbon resources in India

Resources estimation exercise covering all 26 sedimentary basins to be completed within 30 months

Henkel inaugurates technical centre in South Korea

New technical hub to bring global innovation expertise to engineering adhesive sector in Korea

Asian Paints profit down by 1.8% in Q3 2013-14

Subdued demand and rising raw material prices putting pressure on margins

Chemical research: The building blocks of India's growth path

While chemistry is the study of the building blocks of life, the chemical industry serves to create the building blocks of progress

Jumbo Bag resumes operation at Chennai plant

Work at the Unit I plant located at Ponneri, Chennai was stopped since December 24, 2013 due to strike

BASF opens polyarylsulfone plant in South Korea

It will be BASF's first plant outside of Germany for Ultrason polyarylsulfone

National University of Singapore and BASF join hands for graphene research

Joint collaboration aims to develop next generation organic electronic devices

Nocil appoints Sudhir Ramchandra Deo as Executive Director

Deo was Senior Vice-President (Technical) at the company

Aurobindo's acquires Actavis' operations in seven European countries

Total consideration is expected to be around Euro 30 million and will depend upon the cash and net working capital position at closing

Biocon's breast cancer drug CANMAb to be available from Feb 2014

The drug will be available at about 25% discount to the current list price of the reference product in India

Clariant's Catofin technology drives world's largest propane dehydrogenation unit

First PDH unit operating in China exceeded nameplate capacity in the first month of operation

BASF India's revenue up 15% in Q3 2013

Strong export demand drive growth in the quarter ended December 2013

Praj Industries restructures business to focus on growth

The company to focus on two areas - growth business (which will include 2nd gen ethanol, water, specialised process equipment, etc) established business (1st gen ethanol and brewery plants)

European Parliament passes resolution banning hazardous plastics

The parliament also urges the EU to introduce binding plastic waste recycling targets

Gujarat High Court orders closure of 12 units in Adani Ports and SEZ

The order to affect chemical units operating in the area

Krones to spin off valve technology business as Evoguard

The new company to explore growth in sectors outside traditional markets such as food, beverages and dairies

Norwegian firm Yara fined $48 mn for corporate irregularities

The fine is related to historical irregularities linked to the establishment of Lifeco (Libya), an unrealised project in India and Yara's activities in Switzerland

Canada to offer India technologies for shale gas exploration: Veerappa Moily

In exchange, Indian oil & gas companies to increase investments and presence in the Canadian hydrocarbon sector