Page 41 - Chemicals

Collaborate to compete in global oil & gas industry faced with low prices

Indian oil companies should form a consortium to acquire & build acreages abroad including India, says Prabhat Singh, Petronet LNG's MD & CEO

FDC receives US FDA's positive inspection report for Baddi plant

However, the company has received two minor observations from the US drug regulator for its Waluj (Maharashtra) facility

Jubilant Industries to stop production at SSP plant in Rajasthan

The company has cited unfavourable market conditions as the reasons for temporarily shutting down the single super phosphate (SSP) production from its Kapasan facility

Boiler blast at RCF's Mumbai plant kills three

The blast occurred in a boiler, which had been shut down for inspection and maintenance

Arrow Greentech receives Australian patent for water soluble film

The patent, granted for process of manufacturing water soluble film (WSF) system with embedded/entrapped actives, has wide applications in pharma and agrochemicals industries

Himatsingka Seide eyes North American market with expansion of sheeting plant

While the sheeting project, increasing capacity from 23 MMPA to 46 MMPA, is likely to be commissioned in July 2016, the company aims to start construction of spinning plant by September 2016

Pioneer Distilleries plans to restart alcohol plant in Maharashtra by Jan 2017

The molasses-based extra neutral alcohol (MENA) plant with revenue of about Rs 50.28 crore constituted 35 percent of turnover of Pioneer Distilleries during FY 2015-16

Kilburn Engineering bags Rs 27 cr orders for process equipment

It has bagged two orders - worth Rs 25 crores - for exports of fluid bed dryer for PVC and annuli riser skids for onshore shale gas exploration

US FDA completes inspection of Strides Shasun's Bangalore facility

The company says the inspection was completed without issuance of Form 483, which is issued by US FDA for violations of good manufacturing practices

Black Rose receives environment clearance to expand acrylamide plant

The company will expand acrylamide capacity at its Jhagadia (Gujarat) plant from 10,000 MT to 20,000 MT per year

Consortium of Chinese-Malaysian-Indian firms to build fertiliser plant in AP

China Huanqin Contracting, LEPL Ventures and Isomeric Holdings (Malaysia) have signed an agreement to set up Rs 10,183 cr gas-based fertiliser plant

Torrent Pharma buys Glochem API plant to aid backward integration

The acquisition will help Torrent Pharma in vertically integrating its abbreviated new drug application (ANDA) filings in the future

Mitsui Chemicals to expand premium high performance nonwoven facilities

The augmentation of Sunrex facilities, when completed in November 2017, will bring Mitsui Chemicals global production capacity to 115,000 tonnes per annum

Evonik buys US-based biotech firm Transferra Nanosciences

Acquisition will expand portfolio of Evonik's healthcare business line with liposomal formulation technologies for parenteral drugs

Wison Engineering bags EPC contract for petrochemical project in Saudi Arabia

The company will be responsible for the expansion of the ethylene oxide and ethylene glycol (EOEG) facilities and auxiliary units

Vikas EcoTech starts work on PVC stabiliser plant in Dahej

To be built with Rs 30 crore investment, the facility will house an innovation center and manufacturing plant for organotin stabilisers and specialty polymer compounds

Somani Group eyes to buy stake in German specialty chemicals maker SKW

The group has submitted a non-binding letter-of-intent to become a shareholder in SKW Stahl-Metallurgi, which is presently planning for a financial restructuring

Siegfried's Nantong facility receives Chinese authorities nod

The production capacity of Siegfried's Nantong site, located in China's industrial park northwest of Shanghai, amounts to 350 cubic meters

Sanofi, Boehringer Ingelheim ink animal health-consumer healthcare business swap pact

While Boehringer Ingelheim will transfer its CHC business to Sanofi, in return it will get Sanofi's animal health business Merial. In addition, Boehringer Ingelheim will pay Sanofi Euro 4.7 bn

Indian Potash to procure 7 lakh tonne potash from Belarus

Belarusian Potash will start the shipment of the product at $ 227 per tonne on a cost and freight (CFR) basis from July 1, 2016