Page 48 - Chemicals

Got promoted? Here are a few things to keep in mind

Promotions inherently entail change, new responsibilities and different career challenges. Hence, it is important to ask a few specific questions before you take up the new role, says Abhijit Nimgaonk

Akzo Nobel expands Indonesian coatings plant

The expansion will help the company meet growing domestic demand - driven by the petrochemical and power sectors - for its marine and protective coatings products

Economic confidence among Asian CEOs holds steady in Q1 of 2016: YPO

India, in particular, witnessed a rebound in confidence level, surging 5.6 points from 60.8 in the last quarter of 2015 to 66.4 in the first quarter of this year, as per YPO Global Pulse Index

Pharma exports to witness a sharp fall as value of off-patent drugs declines

While the exports witnessed growth of 19 percent in the last decade, it is expected to decline sharply to 10-12 percent annually over the next 5 years, says a Crisil Research report

Ineos to build linear alpha olefin unit in Texas

The LAO unit capacity will be 420,000 metric tonnes per annum (tpa), 20 percent larger than when the project was originally announced

SRF plans Rs 269 cr capex to set up BOPP plant in Indore

With the new a bi-axially oriented polypropylene (BOPP) film line, SRF aims to become one-stop stop solution provider for packaging film customers

Agriculture leads net foreign exchange earnings

While India's services sector is highly import-intensive, imports component in agriculture is negligible since basic resources such as sunlight, land, water, etc are all available in the country

Make research misconduct involving agri inputs a criminal fraud: CCFI

Crop Care Federation of India (CCFI) claims that incidences of research misconducts in educational institutes, such as JNU, hurt Indian agriculture, which is sixth in agri exports globally

India: An agricultural powerhouse of the world

Unknown to many, India's agricultural products fetches higher earnings than trade in services or manufacturing. With proactive support, India can further enhance its farm exports and contribute to its

Strides Shasun to divest UK arm for Rs 240 crore

Shasun Pharma Solutions Ltd (SPSL), which is into CRAMS API business, will be bought by the current management team of SPSL

Mylan acquires Renaissance's dermatology biz for $ 1 bn

With this acquisition, the company will have critical mass in the dermatology/topicals area and catapult to a leading position in this space, says Rajiv Malik, president, Mylan

Pfizer to buy biopharma firm Anacor for $ 5.2 bn

Anacor will be a strong fit with Pfizer's innovative business, further supporting its strategic focus on inflammation and immunology

NIBE to buy LSB Industries' Climate Control Business for $ 364 mn

The transaction to provide LSB with improved capital structure and greater financial flexibility to drive growth and enhance reliability and profitability of its chemical business

Honeywell to spin off resins and chemicals business

The new company, to be named AdvanSix, will be one of the leading manufacturers of Nylon 6 resin, caprolactam, and other chemical intermediates

Companies have to take proactive steps to optimise water usage: Sudhir Shenoy

In this interview, Sudhir Shenoy, country manager, Dow India, discusses water crisis facing the manufacturing sector and probable solution to mitigate this challenges

Industry bodies welcome new IPR policy

As per the policy, DIPP will be the nodal department for all IPR related developments in India

Satish Rao to head Firmenich operations in India

He joins Swiss fragrance and flavour major Firmenich from the US-based McCormick & Company, where he was vice president (emerging markets)

Silicone specialist Dow Corning opens building solutions centre in New Delhi

Specialists at this new centre will collaborate with construction industry professionals, providing project support, technical training and skill-building workshop

TCI opens cold chain warehouse in Gurgaon

With this, TCI forays into temperature controlled warehouses as part of an overall strategy to build a cold chain network of warehouses and refrigerated trucks

Drought to cost Rs 6.5 lakh crore to Indian economy

Drought would create inflationary pressures making the food management an imperative challenge for the government and the policy makers, says an Assocham study