Page 49 - Chemicals
Perfecting the art of demand forecasting in volatile market
Improved demand forecast accuracy with next generation analytic solutions are ensuring on shelf availability of product with reduced inventory, says Alagu Balaraman and Sujit Sahu of CGN & Associa
 "Perfecting the art of demand forecasting in volatile market")
Albemarle to discontinue production of HBCD-based flame retardants
With this move, the company will focus on supplying GreenCrest polymeric fire safety solutions
Ineos sells expandable polystyrene business to Synthos for Euro 80 mn
The agreement to sell Ineos Styrenics to Synthos represents an important step in the ongoing development of the EPS business
 "Ineos sells expandable polystyrene business to Synthos for Euro 80 mn")
Jacobs Engineering wins $ 100 mn contract from Mitsubishi Plastics
The company will provide engineering services to expand production capacity of Mitsubishi's polyester film plant in the US
Domo Chemicals plans to open compounding facility in India
With this move, Domo Chemicals, which recently opened a nylon compounding plant in China, aims to target India's burgeoning automotive market for its engineering plastics
 "Domo Chemicals plans to open compounding facility in India")
DSM Engineering Plastics to expand R&D team in India
The company recently opened a research and technology center in Pune to work closely with customers to develop products
 "DSM Engineering Plastics to expand R&D team in India")
Plastics technology is still changing the world: Dr Mosongo Moukwa
Eighty years after the Nylon revolution, science continues to develop plastics to meet the new requirements of modern life. So what does the future hold for plastics?
 "Plastics technology is still changing the world: Dr Mosongo Moukwa")
Merck to expand Carlsbad facility in US
With this expansion, German firm will be able to meet the growing demand for viral and gene therapy products
 "Merck to expand Carlsbad facility in US")
AMRI buys Italian API maker Euticals for $ 358 mn
The deal positions AMRI as one of the largest independent developers and suppliers of API to the pharmaceutical industry
 "AMRI buys Italian API maker Euticals for $ 358 mn")
Arbitration court asks former Ranbaxy owners to pay Rs 3,500 cr to Daiichi Sankyo
The court in Singapore ordered Malvinder Singh and Shivinder Mohan Singh to pay the fine for concealing key facts during the sale of Ranbaxy to Daiichi Sankyo in 2008
 "Arbitration court asks former Ranbaxy owners to pay Rs 3,500 cr to Daiichi Sankyo")
ICGEB and Sun Pharma to co-develop botanical drug for dengue
Sun Pharma to fund development programme as well pay royalty to International Centre for Genetic Engineering and Biotechnology (ICGEB), following commercialisation of the drug
 "ICGEB and Sun Pharma to co-develop botanical drug for dengue")
APL Apollo Tubes to set up manufacturing plant in Chhattisgarh
To be built with an investment of Rs 75 crore, the plant will manufacture galvanised steel tubes, hollow section and galvanised sheets having a total capacity of 60,000 MTPA
 "APL Apollo Tubes to set up manufacturing plant in Chhattisgarh")
DyStar buys specialty chemical businesses from Emerald Performance Materials
In a separate transaction, DyStar will sell Emerald's polymer additives and nitriles businesses to Sinochem subsidiary. As a result, DyStar will retain the specialties businesses
 "DyStar buys specialty chemical businesses from Emerald Performance Materials")
Solvay sells stake in Solvay Indupa to Brazil's Unipar Carbocloro
Divestment of Indupa follows Solvay's exit from its European PVC joint venture as Solvay is transforming into a specialty chemicals group
Evonik acquires Air Products' specialty & coating additives business for $ 3.8 bn
Acquisition will strengthen Evonik's position in the high-margin specialty & coating additives market
 "Evonik acquires Air Products' specialty & coating additives business for $ 3.8 bn")
Tata Chemicals selects Metso to upgrade soda ash plant in US
As per the contract with Tata Chemicals (Soda Ash) Partners, Metso will repair, rebuild, and service existing pyro-processing equipment and systems in its Green River (USA) operation
 "Tata Chemicals selects Metso to upgrade soda ash plant in US")
Total to buy advanced batteries maker Saft for Euro 950 mn
The acquisition of Saft is part of Total's ambition to accelerate its development in the fields of renewable energy and electricity, initiated in 2011 with the acquisition of SunPower
 "Total to buy advanced batteries maker Saft for Euro 950 mn")
India can save $50 bn if logistics costs are brought down to 9% of GDP
Access to cheap capital should be made available to logistics service providers for investments in infrastructure, says an Assocham-Resurgent India joint study
 "India can save $50 bn if logistics costs are brought down to 9% of GDP")
Tyre market to propel demand for specialty silicas
The global specialty silicas market is expected to reach 3.5 million metric tonnes in 2020, valued at $8.8 billion, according to Freedonia
 "Tyre market to propel demand for specialty silicas")
Rama Phosphates increases SSP capacity at Indore plant
The company has raised the single super phosphate (SSP) capacity from 1.65 lakh tonne per annum (TPA) to 2.5 lakh TPA at the plant
 "Rama Phosphates increases SSP capacity at Indore plant")
