Page 63 - Chemicals

US FDA issues warning letter for Ipca Labs' 3 plants

Ipca has received warning letter for its manufacturing units based at Ratlam (Madhya Pradesh), SEZ Indore (Pithampur) and Piparia (Silvassa)

Dr Reddy's Labs receives US FDA nod for doxycycline cap

Promius Pharma, the US subsidiary of Dr Reddy's Laboratories, will be responsible for commercialising Zenavod (doxycycline) capsule in the US market

Indian pharma market to reach $ 55 bn by 2020

Biosimilars segment, another lucrative market in Indian pharmaceutical sector, is expected to increase to $40 billion globally by 2020, as per GlobalData report

Aurobindo Pharma receives US FDA nod for pain killer and epilepsy drug

The company has received US FDA's green signal for celecoxib capsules (used for treating pain and inflammation) and levetiracetam injection (an epilepsy drug)

Shell to sell stakes in Malaysian refinery to MHIL for $ 66 mn

The company has sold the stakes in Shell Refining Company to Malaysian Hengyuan International as part of its strategy to concentrate on its global downstream business

Albemarle receives permission to increase lithium brine extraction in Chile

The increase will enable the company to meet the accelerating demand for lithium, especially high purity lithium compounds required for the production of lithium batteries

Arkema says no to raise stake in Chinese acrylics JV

As per deal, Arkema had an option to increase its stake in Taixing Sunke Chemicals, a JV that owns acrylic acid and butyl acrylate production units in Taixing, China

Air Liquide inks Xenon supply contracts with Airbus and Thales

In two separate contracts, worth of Euro 20 mn, Air Liquide will supply high purity xenon to Airbus Defence and Thales Alenia for application in all-electric propulsion of satellites

Gamesa bags 15 MW solar project in Tamil Nadu

This is the second project that Gamesa has secured in Tamil Nadu, bringing its overall solar portfolio to over 48 MW

Covestro eyes coatings industry to grow PU materials business in India

In addition to top end customers, Covestro is banking on medium scale coating manufacturers to push the demand for its products in the country

Lubrizol opens Rs 325 cr CPVC compounding plant in Dahej

The plant, with capacity of 55,000 tonnes, will serve Indian market as well as countries in South Asia, the Middle East and East Africa

Global adhesives & sealants market to reach $ 64 bn by 2019

India is expected to post the most rapid advances of any major market, fueled by robust increases in construction spending and motor vehicle output, says Freedonia's new report

Policy for promotion of city compost receives cabinet nod

Fertiliser companies and marketing entities will co-market city compost with chemical fertilisers through their dealers' network

Polyplastics to expand resin capacity in Malaysia

The additional lines will produce Duracon polyoxymethylene (POM) and Durafide polyphenylene sulfide (PPS) compounds

Dow's arm Univation join hands with Linde for polyethylene technology

Two companies will aim to provide performance and cost efficiencies for the production of polyethylene resins

Supreme Petrochem to set up styrene methyl methacrylate production line

For this, the company will modify one of the three polystyrene (PS) producing lines at its Nagothane plant into a swing line capable of producing 42,500 tonne per annum of SMMA

Oil PSUs will require to invest Rs 28,750 cr to make BS-VI fuels

To switch over to BS-VI norms, which requires drastic sulphur reduction in auto fuels, calls for revamps or additional facilities in almost all the refineries

Crompton Greaves ties up with French institute CEA for solar energy

Two organisations will explore market potential and opportunities for solar photovoltaic (PV) system with storage function for Indian airports

Punj Lloyd-Limak JV wins Rs 2780 cr pipeline contract in Turkey

As per the contract, the JV will construct 459 km pipeline (of the 48 inch diameter) for TANAP Gas Pipeline project, which is estimated to cost $ 10 to $ 11 billion, in Turkey

Innovative Chemical buys 3M's pressurised polyurethane foam adhesives biz

The division offers products such as two-component roof tile adhesive that professional roofers use to attach concrete or clay roof tile