Page 17 - Chemicals

Any tax on biodiesel discourages users, killing this sunrise industry

Continue excise exemption till a new national biofuels policy, mandating green fuel usage, is framed

Budgeting for a sustainable future: Namita Vikas

It should set the ball rolling for industry & society to work towards combating climate change

Praxair inks hydrogen supply pact with Marathon Petroleum

The hydrogen will be supplied through Praxair's extensive Southeast Louisiana pipeline network

Evonik develops technology to mass-produce complex moulded parts

The PulPress method allows auto companies to produce complex moulded composite parts in high volumes

Japan's Seiken Chemical joins hand with Anand Group for coolants

Collaboration will ease entry of Anand Group into Japanese automotive OEMs in India

Asian Paints to invest Rs 650 cr for capacity expansion at Ankaleshwar site

It will raise production of paints and synthetic resins & emulsions at the site

Diagnostics can help in effective implementation of healthcare budget

There is a need to push for local production of reagents & medical devices to reduce diagnosis cost

Budget should focus on making Indian logistics sector globally competitive

Govt needs to take a holistic view to overcome challenges & advancing the competencies of the sector

Agrochemicals should get same tax benefits as other farm inputs: MK Dhanuka

Making pesticides economical, by removing excise duty & VAT, would help in raising farm productivity

Textile products should be kept in minimum possible tax slab under GST

Constraints on cash withdrawals negatively influenced procurement of new cotton, yarns and fabric

NACOF inks long-term supply pact for potash with Canada's Encanto

Encanto will supply minimum 5 mn tonnes of MOP annually for a period of 20 years

L&T Hydrocarbon bags orders worth Rs 1,700 crores

Orders include 3 new contracts for pipelines and associated works in the western region of India

Zydus Cadila enters $8-bn US specialty pain market by buying Sentynl

With this, Zydus gains access to the specialty distribution network and large prescriber base in US

Budget should give boost to downstream chemical industry: Shilip Kumar

Reduce corporate tax to create an environment that will facilitate growth of businesses

Remove infrastructure holdups to put logistics sector on a growth highway

Implementation of GST can bring down the costs of logistics industry by about 15-20%

Mitsubishi Rayon buys US carbon fibre plant from Germany's SGL

Deal will strengthen MRC's position in composites, especially for application in wind turbine blades

Prince Pipes chairman Jayant Chheda raises stake in Vikas Ecotech

He has invested Rs 34 cr in the company that supplies lead-free additives for plastics industry

Zydus settles patent litigation for cholesterol lowering drug with Kowa

As per the deal, Zydus granted a license to market Livalo (pitavastatin calcium) tablet generics

Reliance & Russia's Sibur to set up halogenated butyl rubber unit in India

The unit, located in Gujarat, will meet the growing demand for product from tyre & pharma industries

Pharma sector expects a sweet pill from budget 2017

Budget should present some tax sops to all the stakeholders - pharma companies as well as patients