Page 23 - Chemicals

Essel Group in JV with Gensource to set up potash project in Canada

Through the JV, Gensource and Essel Group ME aim to create a new and independent supply of potash, a key component of fertilisers, to the global market

Adoption of modern technology to accelerate Indian textile industry's growth

As the industry aims to double its exports and turnover in next five years, it will give a big fillip to textile machinery sector, says India ITME Society

Idemitsu and Mitsui Chemicals to enhance ethylene facility in Chiba

For this, two companies will increase the propane processing capacity of ethylene manufacturing units of Anegasaki plant (located on the premises of Idemitsu)

Global polymer fillers market is expected to reach $ 54.8 bn by 2021

Asia Pacific is expected to continue to maintain its position as the leading consumption centre for the global polymer fillers industry, says a Zion Market Research report

Wembly Enterprises buys polymer coater Bradford Industries

This is the second acquisition of Wembly, led by Sunil and Jay Kumar, in the coatings market

Patheon acquires Roche's APIs manufacturing site in US

It will provide Patheon with a major APIs operation in the US capable of supporting products from clinical scale to commercial manufacturing

L&T Technology ropes in IISc's CeNSE for nanotechnology research

Two sides will jointly work towards innovations in the areas of sensors and energy efficient systems based on nanotechnology

Pfizer to launch new products under Corex brand

At the same time, the company will discontinue the production of the current Corex cough syrup formulation (a combination of codeine phosphate and chlorpheniramine maleate)

Researchers develop liquid fuel from solar energy & carbon dioxide

First compact plant worldwide for synthetic fuels from solar energy and carbon dioxide extracted from air to start in Finland

Dow eyes power plants for new wastewater treatment technology in India

With Fortilife, which enables minimum liquid discharge (MLD), Dow Water & Process Solutions aims to tap water intensive industries such as textile, power, etc

Aurobindo Pharma buys Teva's calcium & vitamin D3 products in France

The company's French subsidiary, Arrow Generiques, will acquire the right & title in calcium and calcium-vitamin D3 products, including the use of Orocal trademark

L&T unveils high-tech spool base facilities for subsea project in Chennai

These facilities will execute a contract bagged from ONGC for a subsea installation by a consortium of J Ray Mc Dermott, Berlian McDermott and L&T Hydrocarbon

Givaudan invests CHF 5 mn to expand flavour unit in Singapore

Expansion in Singapore follows Givaudan recent investment in high growth markets, such as Nantong (China) and Pune (India)

Stahl acquires flame retardant products maker Eagle Performance

The addition of water-based flame retardants opens up new opportunities for Dutch chemicals company Stahl in areas of technical textiles and leather products

BHEL commissions 93 MW power plant at Hazira for RIL

The captive power plants (CPPs), being set up by BHEL, will meet the power requirements of Reliance Industries' refinery projects at Hazira and Dahej

Cipla divests stake in US-based Chase Pharmaceuticals to Allergan

This follows an agreement by Allergan to acquire Chase by paying $125 million upfront plus potential regulatory and commercial milestones of up to $875 million

Sun Pharma acquires Russia's Biosintez for $ 24 million

Acquisition will enhance local manufacturing capability of Sun Pharma, which also assume a debt of approximately $ 36 million as part of this transaction, in Russia

Showa Denko acquires non-stick coatings maker GMM Group

GMM, which has production units in China and India, makes non-stick coating chemicals, which are used in consumer goods such as cookware, bakeware, etc

Sasol increases polypropylene production capacity by 103,000 TPA

The company has invested more than Rand 1 bn (about $ 70 mn) in the expansion project which is located at its Secunda Chemicals Operations

Auto and FMCG sectors driving demand for propylene in India

While polypropylene dominates the Indian market of propylene in 2015, propylene oxide is the second major application area for this petrochemical