Page 82 - Chemicals

Five million jobs lost during 2004-05 and 2009-10: Assocham study

Neglect of manufacturing sector was one of the main reasons for this 'jobless growth' phenomenon during the high growth years; Time to link jobs with economic expansion, says the study

Global monoethylene glycol market to reach $ 41 bn in 2023

Growing polyester fibre and polyethylene terephthalate markets in Asia Pacific is likely to propel the demand for MEG, says Transparency Market Research

Manufacturing sector in India can raise energy efficiency by 18%: Siemens

India, which needs more energy efficient equipment, ranks ahead of China and follows Russia in electricity efficiency potential, says a report of Siemens Financial Services

Pearl Agriculture eyes lecithin exports to boost growth

The company, which has already exported products worth about Rs 4 crore, is aiming to generate revenues of about Rs 100 crore in near future from overseas markets

PTTGC, Toyota Tsusho, Sanyo Chem plan PO and polyols complex in Thailand

Through this complex, three companies are aiming to tap Asia Pacific and Indian markets for propylene oxide (PO) and polyether polyols

BOC and Eastman open hydrogen plant in South Wales

The plant, supplied by BOC, will supply sufficient hydrogen to manufacture and support future expansion of Eastman's Therminol range of heat transfer fluids

Vishnu Chemicals acquires Solvay Vishnu Barium

Solvay Vishnu Barium, which has a manufacturing site located in Kalahasti (Andhra Pradesh), is one of the leading barium carbonate manufacturers in India

Shandong Chambroad commissions first propylene and isobutylene coproduction plant in China

The plant, which is only the second of its kind in the world, uses Honeywell UOP's C3/C4 Oleflex process technology to produce propylene and isobutylene

Emerging economies to drive growth of high performance foam market

Increase in demand from end-user industries from emerging countries is driving the growth of this industry, which is projected to reach $ 2 bn by 2020, says a MarketsandMarkets report

YPF and Grupo Inversor buy LyondellBasell's Argentina-based Petroken

Petroken, which operates a 180 kiloton polypropylene (PP) plant, is a leading polypropylene producer in Argentina

Global high density polyethylene market to reach $84 bn in 2023

The demand for HDPE is primarily driven by growth in plastic packaging, and agriculture films & pipes industries across the globe, says a Transparency Market Research report

CNS drug research: A dilemma for big pharma companies

CNS disorders rake in more than $ 80 billion a year for the pharma industry, however higher failure rates in clinical trials are forcing big companies to cut down their spend on CNS drug R&D

Camson Biotechnologies files patent for natural fertiliser

This water soluble natural fertiliser, the company claims, has been found to be very effective as compared to synthetic fertiliser

Pennar Industries wins orders worth Rs 180 crores

The company and its subsidiary Pennar Enviro received orders for engineering & infrastructure and environment & water treatment projects

BASF opens resin plant in Shanghai

This plant, together with BASF's automotive coatings plant opened last year, will support increasing customer demands for high quality coatings in Asia Pacific region

Govt to spend Rs 1750 cr on drug regulatory system upgradation

Out of Rs 1750 crore, Rs 900 crore will be spent on strengthening central structures and Rs 850 crore will be made available to the state governments

Sibur and BASF extend additives supply pact for polymer production

Two companies had signed the long-term cooperation memorandum on supply of additives used for polymer manufacturing at Sibur production facilities in 2013

Mallinckrodt Pharma acquires Therakos for $1.3 bn from Gores Group

Acquisition will add depth to Mallinckrodt's specialty brands segment, further diversifying its portfolio with an innovative high-value, high-margin drug/device system used in hospitals

Corbion and MedinCell form JV to supply bio-based polymers for controlled release drugs

The joint venture, CM Biomaterials, will sell the PEG & PLA co-polymers to MedinCell partners who license the MedinCell controlled release technology, BEPO

IDPL modernises tablet making unit at Gurgaon plant

Post-modernisation, IDPL's Gurgaon plant will be able to launch new products for lifestyle diseases such as diabetes, oncology, nephrology, cardiology, etc at affordable prices