Page 37 - Chemicals

European drug regulator suspends medicines tested at Semler Research

European Medicines Agency has cited flaws in bioequivalence studies, which are required for the approval of generics, conducted at the Bangalore-based CRO as the reasons for suspension

Gujarat Fluorochemicals sells stake in Chinese JV Ltd

Xuancheng Hengyuan Chemical Technology, established in 2006, manufactures cyclic organic crudes, intermediates, organic dyes and pigments

PM Narendra Modi lays foundation stone for revival of Gorakhpur fertiliser unit

The revival of the plant, undertaken by a joint venture between Coal India Limited (CIL) and NTPC Limited, entails an investment of Rs 6,000 crore

Indian agrochemicals market to reach $ 6.3 billion by FY20: Report

With several products going off-patent globally, Indian firms can leverage opportunities for generics, contract manufacturing & research, says a report of Tata Strategic Management and FICCI

L&T Hydrocarbon-EMAS Chiyoda consortium wins $ 1.6 bn contract in Saudi Arabia

The contract, awarded by Saudi Aramco, is for the development of the second phase of Hasbah Offshore Gas field situated off the Coast of Saudi Arabia

Innospec to buy Huntsman's European surfactants business for $ 225 mn

The planned transaction with Innospec represents another step in Huntsman's strategic transformation of its performance products business

Toray plans $ 100 mn investment to set up nylon fibres plant in Mexico

The plant, with production capacity of about 10,000 tonnes, will supply nylon fibres for automobile airbags and airbag materials

LyondellBasell to set up high density polyethylene plant in US

The HDPE plant, with a 500,000 MTPA capacity, will be built on the US Gulf Coast and will use LyondellBasell's new Hyperzone PE technology commercially for the first time

Solvents market in US to reach 9.6 billion pounds by 2020

Increase in construction activity is stimulating demand for related materials, such as paint and coatings and adhesives and sealants, says Freedonia's new study

Merck inks licensing pact with Nanoco for quantum materials

Cadmium-free quantum dots enable ultra-bright displays with a substantially extended colour range

Celanese stops monomethylamine production at Mexico site

The site will continue to produce dimethylamine (DMA) and trimethylamine (TMA) with a focus on growing and expanding the company's amines business

Flotek to acquire International Polymerics

This acquisition will allow Flotek to accelerate its fluid systems development while adding-value and increasing margins in IPI's core guar business

Mitsui Chemicals to expand thermoplastic olefinic elastomer in Japan

The company will increase the capacity of Milastomer, its thermoplastic elastomer brand, by 5,000 tonnes per annum at the Chiba (Japan) site of its subsidiary, Sun Alloys Co Ltd

CB&I bags contract for alkylation technology from PT Pertamina

Pertamina's alkylation unit in Balikpapan (Indonesia) will use CB&I's CDAlky advanced sulfuric acid alkylation technology

Footwear institute FDDI grants Green Label certificate to Henkel India

Green Label is a quality certification label that is issued to validate safe, healthy and eco-friendly footwear, leather products & components used to manufacture them and allied products

PolyOne acquires Gordon Composites and Polystrand for $85.5 million

These acquisitions further consolidate the company's position in continuous reinforced thermoplastic composite technology

Mitsubishi Chemical plans to sell polyester feedstock business in India: Report

Oversupply of purified terephthalic acid (PTA), mainly from China, has prompted the company to off load Indian as well as Chinese PTA businesses, says a Nikkei Asian Review report

Saudi Arabia's Sabic and ExxonMobil plan petrochemical JV in US

The potential new complex, which will house a steam cracker and derivative units, would be located in Texas or Louisiana near natural gas feedstock

Sumitomo Chemical to set up polyethersulfone plant in Chiba

The new facility of polyethersulfone, a thermoplastic resin, is schedule to start commercial scale production in 2018

Polish firm PKN Orlen to raise propylene capacity by 100 thousand tonnes

The company will spend about $ 100 million in the expansion project, which will produce polymer grade propylene