Page 174 - Chemicals

Puneet Resins plans modernisation of Nashik facility

The manufacturer of rubber & PVC compounds to fund expenditure from internal accruals

Pennar Enviro receives multiple-contracts for sewage and effluent treatment plant

Pennar Industries' two subsidiaries - Pennar Enviro and Pennar Engineered Building Systems - bag orders worth Rs 60 crore

CCEA approves Rs 500 crore scheme for textile processing units

Scheme, which also covers common effluent treatment plant for eligible projects, to encourage usage of eco-friendly processing standards and technology

Glenmark's consolidated revenue up 16.56% in Q2 FY 13-14

Net profit for Q2 Rs 154.297 crore as compared to Rs 156.752 crore for the previous corresponding quarter

Deepak Nitrite PAT down 17% for H1FY14

But its revenues up 26% in Q2FY14

Cabinet approves Pharmaceuticals Purchase Policy for PSUs

The policy, in respect of 103 medicines, would be valid for a period of five years from the date of issue of orders by Department of Pharmaceuticals

Safety has to be the key parameter for any chemical company: S R Lohokare, National Peroxide

Interview of Suhas R Lohokare, MD, National Peroxide Ltd, on importance of safety & technology in chemical industry

Clariant plans to divest Leather Services Business to Stahl

The business employs 550 employees in 24 countries world-wide, predominantly in Germany, India and Italy

Jubilant Life Sciences consolidates pharma business under its Signapore subsidiary

Transfers API & dosage form businesses in India and part of shares in US & European subsidiaries to Singapore subsidiary

Honeywell to set up facility for performance material in China

Initially the facility will produce catalyst and adsorbents for UOP business to support growing demand in China

BASF inks pack with Dutch research institutes for exclusive rights for magnetocaloric materials

Refrigeration systems, produced using magnetocaloric materials, could significantly reduce energy consumption

Evonik opens surfactants facility in Shanghai

Organic specialty surfactants to be manufactured at the plant will be used in the cosmetics and household consumer goods market

Sealed Air India receives prestigious Porter Prize for creating distinctive value

Named after renowned Prof Michael E Porter, the awards recognises the strategic acumen of top Indian companies and the positive impact they are making on the performance of the overall industry

Mosaic Company to acquire CF Industries' phosphate business for $ 1.2 billion

Enters into strategic ammonia supply agreements with CF Industries

Clariant Chemicals' net PAT up 638% in Q3 Sales up 30% in Q3

Sales up 30% to Rs 346.7 crores in Q3

Air Products to extract helium from carbon dioxide

The project, to be established at Colorado, will use a new technology process cycle to produce pure helium from the CO2 stream

Specialty ingredients giving a facelift to personal care products market

Increasing demand for personal care products in India is leading to manifold rise in demand for specialty ingredients, says Tata Strategic Management Group

AkzoNobel opens coatings plant in Gwalior

The Euro 20-million decorative paints plant will have an annual capacity of 55 million litres

GAIL to set up LNG terminal in Paradip Port

The project will entail a total investment of Rs 3,108 crore out of which Paradip Port would invest Rs 650 crores and balance will be invested by GAIL

Kanoria Chemicals to form JV with US-based Momentive Specialty Chemicals

JV to construct a specialty phenolic resins plant at Kanoria's existing production facility at Visakhapatnam