Page 45 - Chemicals

Sumitomo Chemical to buy 45% stake in Excel Crop Care

While the promoter Shroff family will off-load its 25 percent stake, Sumitomo Chemical will buy the remaining 20 percent stake in Excel Crop Care from Ratnabali Group

BASF postpones decision to build propylene complex in Texas

To take advantage of US shale gas, the company had announced plans to construct a methane-to-propylene complex at its Freeport, Texas

Global cancer treatment market to reach $ 150 bn by 2020: Study

The US now accounts for about 45% of the global oncology market, up from 39% in 2011, due to to the strengthening of the US dollar and rapid adoption of newer therapies, says a new IMS Health study

Vikas Ecotech to produce bio-plastics from waste cooking oil

For this, the company has tied up with Czech Republic based Nafigate Corporation, which will provide technology to Vikas for converting waste cooking oil into biopolymer PHA

Shree Pushkar Chemicals raises vinyl suphone capacity

The company has commissioned its additional capacity of 1,000 MTA of vinyl sulphone, a key raw material used in dyes manufacturing

Orion Engineered plans closure of carbon black plant in France

The move is aimed at consolidating its manufacturing operations in Europe and remain competitive in carbon black marketplace

TERI and IFFCO Kisan Sanchar to partner for improving farmer livelihood

The partnership will provide bio-based products such as pesticides and fertilisers, and create awareness about efficient use of natural resources among farmers

Water shortage forces Grasim to suspend operations at VSF plant in MP

The company has also decided to operate the chlor alkali plant (located at Nagda, Madhya Pradesh) at a lower capacity during the period

Frontida BioPharm buys Sun Pharma's two US facilities

Sun Pharma has sold its two oral solid dosage manufacturing facilities located at Philadelphia and Aurora, along with 15 related products, to Frontida BioPharm

Reliance Industries restarts PTA plants at Dahej

RIL's purified terephthalic acid (PTA) plants had been shut for a brief period owing to increased water salinity

Insecticides India launches eco-friendly herbicide Green Label

The company aims to add Rs 100 crore to the topline growth with the launch of this indigenously manufactured post-emergence herbicide, which is currently being imported from Japan

Huntsman selects India MD Rohit Aggarwal as president of Textile Effects division

Aggarwal will succeed Paul Hulme, who will retire as president of Huntsman's Textile Effects division, a position he has held since 2006

Sabic, Shenhua Ningxia to set up petrochemical complex in China

The joint venture will utilise locally available coal feedstocks to be supplied by SNCG

SNF Floerger to set up polymer plant in Russia

Lukoil's subsidiary will supply feedstock to SNF Vostok's facility, which will produce polymers from acrylonitrile

Maire Tecnimont and Siluria to collaborate on gas-to-chemical technology

Two companies will jointly develop new natural gas based technologies for petrochemical markets

Insecticides India aims 15% top-line growth in 2016-17

Positive forecast of a normal monsoon and new product launches are expected to boost the company's profitability this fiscal

Sanghvi Forging bags new orders worth Rs 14 crore from oil & gas sector

With the new orders, total order book size has raised upto Rs 50 crore

Dishman Pharma's Swiss arm Carbogen Amcis to expand operations

Carbogen Amcis will acquire GEA Pharma Systems' land and buildings in Bubendorf to significantly expand its laboratory capacity

Wind energy is fastest-growing application for composites: Report

China, India, Sweden, the UK, the US, Brazil, and Malaysia are among the major markets of composites, says a Research and Markets report

Reliance Industries temporarily shuts down PTA and PET plants at Dahej

The company had to take this step as there is shortage of the right quality of industrial water at Dahej, which has capacity to produce 2.3 MMTPA of PTA and 650 KTPA of PET