Page 40 - Chemicals
Personal care market to touch $ 20 billion in India by 2025
Indian men's grooming and personal care market, which grew more than 42% in the last 5 years, is outpacing the growth of personal care market at large, says Assocham
 "Personal care market to touch $ 20 billion in India by 2025")
Bodal Chemicals to enhance dyestuff capacity by 24,000 tonnes
From the first phase expansion, which will raise capacity from 17,000 MTPA to 25,000 MTPA, the company expects an additional annual dyestuff turnover of about Rs 145 crores
 "Bodal Chemicals to enhance dyestuff capacity by 24,000 tonnes")
Germany's Heraeus opens recycling facility for spent reforming catalysts in India
The new site, operated by Ravindra Heraeus (the JV between Ravindra Choksi family and Heraeus), will offer India's petrochemical industry more efficient process to recover precious metals
 "Germany's Heraeus opens recycling facility for spent reforming catalysts in India")
Black & Veatch and BMC to develop wastewater project in Mumbai
The proposed 847 million litres per day wastewater treatment plant, claimed to India's largest such facility, aims to mitigate coastal pollution and increase treated water supply to Mumbai
 "Black & Veatch and BMC to develop wastewater project in Mumbai")
Solvay to set up hydrogen peroxide unit at pulp mill site in Brazil
This is the first agreement that Solvay has signed for its myH2O2 peroxide technology, developed for installation at remote customer premises
 "Solvay to set up hydrogen peroxide unit at pulp mill site in Brazil")
Huntsman to close South African titanium dioxide facility
The closure will increase the competitiveness of its pigments and additives business, which is scheduled for a separation
A Schulman ropes in Snetor Chimie to expand masterbatch business in Africa
The US firm has appointed Snetor Chimie to commercialise its complete range of white, black and coloured masterbatches and additives
 "A Schulman ropes in Snetor Chimie to expand masterbatch business in Africa")
Connecting with customers by leveraging Internet of Things in retail
Devices like Amazon Dash Button shows us that IoT may help to synchronise the supply chain so tightly that we may begin to observe new levels of efficiency, says Alagu Balaraman
 "Connecting with customers by leveraging Internet of Things in retail")
Asian Paints selects Mold-Tek Packaging for supply of plastic containers
The company will set up two new plants to supply pails (plastic container with handle) to the upcoming new plants of Asian Paints Limited
 "Asian Paints selects Mold-Tek Packaging for supply of plastic containers")
US FDA approves Claris' anti-infective drug tobramycin injection
With this approval, the total addressable market size of the company's approved ANDAs is estimated to be a little above $ 300 million
 "US FDA approves Claris' anti-infective drug tobramycin injection")
Mitsubishi Gas raises specialty polycarbonate resins capacity
The company will also launch the Iupizeta EP-8000, the specialty polycarbonate resin that delivers the highest refractive index (1.66) for compact high-resolution camera lenses
 "Mitsubishi Gas raises specialty polycarbonate resins capacity")
Govt reduces prices of DAP and MOP fertilisers
MRP of diammonium phosphate (DAP) and muriate of potash (MOP) have been reduced by Rs 2500 and Rs 5000 per metric tonne, respectively
 "Govt reduces prices of DAP and MOP fertilisers")
Chinese tyre imports hurting domestic industry
Rising imports are resulting in low capacity utilisation (forcing manufacturers to stop further investment) and posing a threat of job losses
 "Chinese tyre imports hurting domestic industry")
India beats China in pharma exports: Commerce Ministry
According to the Ministry, India's pharma exports grew from $ 11.66 billion to $ 12.54 billion in 2015, while China increased its exports from $ 6.59 billion to $ 6.94 billion
 "India beats China in pharma exports: Commerce Ministry")
Evonik acquires Spanish firm Norel's probiotics business
Acquisition will enable Evonik to consolidate its position in the market of probiotics, which are living microorganisms that have a positive effect on the gastro-enteric system of animals
 "Evonik acquires Spanish firm Norel's probiotics business")
Alembic receives US FDA approval for gout drug febuxostat
The approved product is generic equivalent of Takeda's Uloric, which has an estimated market size of $ 430 million for twelve months ending December 2015
 "Alembic receives US FDA approval for gout drug febuxostat")
L&T Power bags export orders of Rs 480 cr from Mitsubishi Hitachi
The company has bagged the orders through its joint venture companies - L&T-MHPS Boilers Private Limited and L&T-MHPS Turbine Generators Private Limited
 "L&T Power bags export orders of Rs 480 cr from Mitsubishi Hitachi")
Over 100 Noble laureates slam Greenpeace for opposing GMOs
Scientists claimed that organisations opposed to modern plant breeding, with Greenpeace at their lead, have misrepresented risks, benefits, and impacts of genetically modified organisms (GMOs)
 "Over 100 Noble laureates slam Greenpeace for opposing GMOs")
Altana acquires Dutch polymer additive maker Addcomp
Acquisition strategically expands Altana's BYK division in the area of polymer additive solutions
 "Altana acquires Dutch polymer additive maker Addcomp")
Novo Nordisk invests $ 59 mn to expand insulin plant in Denmark
Kalundborg facility produces 50 percent of the world's insulin as well as a range of biopharmaceutical products
 "Novo Nordisk invests $ 59 mn to expand insulin plant in Denmark")
