Page 53 - Chemicals

Bodal Chemicals receives environmental clearance for expansion of dyes facility

The company is expanding its dyes & intermediates manufacturing capacity from 2,200 metric tonne per month (MTPM) to 6,000 (MTPM) in Vadodara

Axiall rejects $ 3.1 bn revised takeover proposal from Westlake Chemical

Westlake's revised proposal represented an increase of approximately 17 percent to its initial proposal of $20 per share

Dorf Ketal to target global fuels additives market for growth

Dr Miltos Papachristos, CEO and president of global fuels additives business, is reshaping and executing Dorf Ketal's strategy for this sector

GP Petroleums launches Spanish energy major Repsol's lubricants in India

With this move, which marks the entry of Repsol into the Indian energy sector, two companies aim to target the world's largest two wheeler automotive market

H B Fuller buys Australia's Advanced Adhesives

The addition of this business will enable H B Fuller to strengthen its industrial adhesives market position and leverage a broader technology portfolio in both Australia and New Zealand

Plastics and packaging industries to drive demand for masterbatches in Asia

Booming plastic processing industry and growing demand from end-use sectors in APAC region, especially in China and India, is propelling masterbatch consumption, says TechSci Research

Biodegradable plastic products market in Europe to reach 300 KT in 2020

Suitable and solid European standards for compostability and biodegradability and a more favourable legal framework can be the growth drivers, says a Nova-Institute report

Dr Reddy's Labs ties up with US-based Cutis Pharma for API & drug research

Joint development agreement will accelerate NDA (new drug application) filing and worldwide commercialisation of select products in Cutis Pharma's R&D portfolio

Fragrance & flavour maker S H Kelkar buys Rasiklal Hemani Agencies for Rs 28 cr

Meanwhile, Keva Flavours, a subsidiary of S H Kelkar, has acquired Hi-Tech Technologies (HTT) for total consideration of Rs 25.11 crore

Dishman buys partner's 50% stake in JV Schutz Dishman

The acquisition will help Dishman in backward integration for some of its existing products and for manufacturing other APIs

Dr Reddy's inks licensing pact for Eisai's investigational anticancer agent E7777

While Dr Reddy's will be granted exclusive rights for US, Europe and certain emerging markets, the Japanese firm will be responsible for development and marketing of E7777 in Japan and Asia

Nurture agriculture to make 'Make in India' a reality

Keeping the rural youth engaged in fruitful employment (through investment in agri-related activities) is the only way to keep the wheels of economic rolling and realising the goals of Make in India i

Sika acquires US construction chemical firm LM Scofield

The takeover will help Sika to accelerates its growth strategy In North America

KBR awarded fluid catalytic cracker revamp contract in China

As per the contract, KBR will provide the licensing package for the revamp of the FCC unit with Maxofin technology

India records highest urea production at 245 lakh MT in 2015-16

The increased production - about 20 lakh MT more than last year - is equivalent to production capacity of almost 2 new urea plants without any additional investment

Dow Corning expands silicones manufacturing plant in US

The expansion will support growth of beauty and personal care customers with a reliable supply of silicone elastomer blends

ADM to sell Brazilian sugar ethanol operations to JFLim Participacoes

As the sole sugarcane ethanol operation in Brazil, this asset was too small for ADM to compete effectively in a challenging ethanol environment, said the company official

BASF opens production plant for Ucrete flooring solutions in Malaysia

The first manufacturing hub in Asia Pacific will produce all components of Ucrete to meet increasing demand

Godrej buys US-based hair care firm Strength of Nature

The acquisition enables GCPL to create a strong platform for wet hair care products in Africa and to forge a stronger presence in the $ 1.8 billion global wet hair care category

Without a strong logistics sector, Make in India initiative will fall flat: P S S Prasad

In this interview, P S S Prasad, president, Apollo Logisolutions, emphasises on importance of logistics for the success of Make in India initiative and new opportunities in the logistics sector