Page 21 - Chemicals

Evonik to set up $ 120-mn precipitated silica plant in US

With the new plant, the company aims to meet the growing demand for precipitated silica, a key ingredient in making energy-efficient tyres, in North America

Amyris & Nikkol Group form cosmetics ingredient JV

Japanese cosmetic specialty chemical provider joins Amyris to further strengthen its position in personal care ingredients segment

Swan Energy inks pact with 2 firms for developing gas field in Iran

As per the deal, Swan will offtake around one MTPA LNG from this project, which will be delivered to the FSRU (floating storage regasification unit) being built by Swan in Gujarat

Basmati rice producer KRBL builds furfuryl alcohol plant in Punjab

The plant converts furfuryl oil (which is produced from rice husk) into furfuryl alcohol as there is huge demand for this bio-based chemical in India

Cipla to set up manufacturing facility for pharmaceuticals in Iran

For this, the company has agreed to form a joint venture with Iran's Ahran Tejarat Company with an investment of approximately Euro 16.875 million (about Rs 120 crore)

Polymers to aid the Second Green Revolution in India

Efficient insulation through the use of polyurethane materials can drastically reduce spoilage of perishable foods like fruits, vegetables, etc in India, says Ajay Durrani

Green Biologics starts shipments of bio-based n-butanol & acetone

The company's Little Falls (USA) plant uses proprietary advanced fermentation technology to produce bio-based n-butanol and acetone

DuPont and Dow to merge; Intends to spin off into 3 companies post-merger

Experts believe that a big challenge for the non-agro business entities (of the combined company) will be to unlock synergistic value in the short term

Avery Dennison buys Hanita Coatings for $ 75 mn

Hanita Coatings develops and manufactures coated, laminated, and metallised polyester films for a range of industrial and commercial applications

Lonza in talks with KKR to buy Capsugel

If the deal materialises, then experts believe that it would be worth more than $ 5 billion

What is the way forward for Indian vaccine industry?

While Indian vaccine producers dominate global market, bulk of marketshare in the high-value domestic private market is held by a few MNCs, says Pushpa Vijayraghavan and Aparna Balasubramanian

Sun Pharma to partner with Israel's Moebius Medical for osteoarthritis drug

As per the licensing deal, Sun Pharma will have worldwide commercialisation & manufacturing rights for MM-II, a candidate for the treatment of pain in osteoarthritis

Asia-Pacific region to propel global demand for amines in cleaning products

Global demand for amines used in cleaning products is expected to increase 4.4% annually to 1.6 million metric tonnes (MMT) in 2020 from 1.28 MMT in 2015, says Freedonia Group

Evonik acquires JM Huber's silica business for $ 630 mn

Acquisition of Huber's silica business, which focuses on the US, China and India, will enable Evonik to expand its position in North America and Asia regions

Praj to partner IOCL & BPCL to set up 2G bio-ethanol plants

Second generation (2G) bio-ethanol technology uses (agri-residue) as feedstock, thus helping farming community to earn additional revenues from agri-waste

AkzoNobel and Atul to set up monochloroacetic acid plant in Gujarat

While Atul will use the plant's MCA (an essential building block in the chemical industry) for captive consumption to produce herbicide, AkzoNobel will market the access production

Strides Shasun buys Perrigo's APIs facility in India for Rs 100 crore

The company intends to transfer all the integrated DMFs filed for captive consumption to the acquired facility, which is located in Ambernath (Maharashtra) and is US FDA-approved

Ducon to supply pollution control systems to Wienerberger AG's Indian arm

Wienerberger will install Ducon's flue gas desulfurization (FGD) systems at its ceramic products facility in Karnataka to remove suspended particulate matter and other toxic components

Ineos Styrolution to expand copolymer plant in Mexico

The company will hike the capacity of the plant, which makes a variety of ABS (acrylonitrile butadiene styrene) and ASA (acrylonitrile styrene acrylate) solutions, by 20,000 tonnes

PolyPeptide buys Lonza's peptides business

The acquisition will enhance PolyPeptide's manufacturing capacity of peptides, which, like proteins, are naturally occurring chains of amino acids