Page 51 - Chemicals

Suzlon acquires five companies in solar energy sector

The wind turbine specialised in January this year forayed into the solar power sector by grabbing 210 MW project in Telangana

Wacker opens polysilicon production facility in US

The new facility, Wacker's largest single investment of some $ 2.5 billion, will produce 20,000 metric tonne of polysilicon, which finds application in photovoltaic systems

Invista opens hexamethylene diamine plant in China

Hexamethylene diamine (HMD) is a key intermediate used in the production of nylon 6,6 polymers and fibres, polyurethanes and high performance polyamides

Alembic Pharma forms JV with Orbicular for derma products

The JV will develop, manufacture and commercialise dermatology products for global markets

Praxair to source carbon dioxide from US Nitrogen

The industrial gas manufacturer will build, own and operate a carbon dioxide purification and liquefaction facility at US Nitrogen's recently constructed ammonia plant in Tennessee (USA)

Valtris Specialty buys polymer additives maker Akcros Chemicals

The acquisition will enhance manufacturing capabilities, product breadth and global presence of Valtris, a HIG Capital portfolio company

Comet Biorefining inks dextrose supply agreement with BioAmber in Canada

Canadian firm will supply high-purity dextrose, produced from agricultural residues, to the bio-succinic acid producer BioAmber

Global high performance pigments market to reach $ 6.32 bn by 2022

Driven by automobile production in China, India, Thailand and Indonesia, Asia Pacific is expected to witness the highest growth from 2015 to 2022, says Grand View Research

Auto sector to propel demand for thermoplastic elastomers in India

India is expected to witness the highest growth between 2015-2022 in the Asia Pacific TPE market, which is expected to reach $ 7.82 bn in 2022, says Grand View Research

Arkema expands Bostik polymer modified binder capacity in Philippines

This new facility represents the latest development in Bostik's international expansion following recent plant openings in Mexico, the US, India, Brazil and Malaysia

LyondellBasell completes acquisition of Zylog's polypropylene compounds biz

This is LyondellBasell's second major acquisition in PP space in India following its takeover deal for SJS Plastiblends' PP compounding business in October 2015

Petronas Chemicals cancels $1.3 bn elastomers project in Malaysia

While the company has aborted the elastomers project, it will proceed with the other two projects for polymers and glycols as per the original plan

Government bans usage of polychlorinated biphenyls in India

Polychlorinated biphenyls, widely used in electrical equipment in the past, have already been banned in many countries because of environmental concerns

Chemistry is key to achieve the sustainable development goals: Neil Hawkins

In this interview, Neil Hawkins, CSO, The Dow Chemical Company, says that India is a critical country for ensuring that the world travels on the sustainability path

Sanofi to invest Euro 300 mn in Belgium plant to expand biologics capabilities

The additional investment will support production of monoclonal antibodies

Chinese drug discovery firm WuXi AppTec acquires Germany's Crelux

Acquisition enhances WuXi's structure-based drug discovery capabilities and establishes WuXi research facilities within Europe

Swedish firm Recipharm buys Kemwell businesses for Rs 1360 cr

Two separate agreements have been signed for this - while first comprises US and Swedish operations, the second comprises operations in India

Cabb begins production of monochloroacetic acid in China

The plant, an investment of Euro 15 million carried out in a joint venture with Chinese company Jining Gold Power, will produce around 25,000 metric tonnes of MCA

Arkema sells activated carbon and filter aid business to Calgon Carbon

Following this divestment, Arkema's filtration and adsorption business will be mostly recentered on molecular sieves, surfactants, oilfield chemicals, and phosphorus derivatives

MMTC inks supply pact with Canada's Encanto for potash

Encanto will supply of a minimum of 2,000,000 metric tonnes of potash (approximately $ 600 mn) from its Muskowekwan project (Canada), to Metals and Minerals Trading Company