Page 83 - Chemicals

Dutch firm LyondellBasell to acquire polypropylene compounds maker SJS Plastiblends

Strategic acquisition will expand LyondellBasell capabilities and footprint in India's growing automotive plastics market

Spisys ropes in Core Compounds to market products in North America

As per the pact, Core Compounds will market Spisys Ltd's oleoresins, essential oils and nutraceutical products in North America

SRF plans Rs 394 cr expansion for packaging and refrigerant biz

While it will set up a packaging film plant with an investment of Rs 356 cr, SRF will spend Rs 26 cr and Rs 12 on a pharma grade propellant plant and modification of refrigerant facility, respectively

Camlin Fine Sciences to set up a JV in US

The company will manufacture and trade antioxidants, food ingredients, blends, formulations etc in US and Canadian markets through this venture

Berger Paints to set up two plants in Assam

While one plant will manufacture putty and distemper, the other site will be a water & solvent based paint mixing plant

Apple iPhone maker Foxconn to invest $5-bn in electronics plant in Maharashtra

Foxconn, which contract manufactures devices like Apple iPhone, BlackBerry, Kindle e-reader, etc, will also establish an R&D unit at the Maharashtra site

Green shoots of recovery visible, says CII ASCON Survey

Survey reveals a slight improvement in growth trends in terms of production over the corresponding quarter a year ago

Punj Lloyd wins Rs 477-cr Ennore LNG tankage project from Mitsubishi

Once completed, the LNG imported to the Ennore terminal will be used by utility company power generation plants as an alternative fuel and as feedstock by fertiliser plants

GHCL to invest Rs 1050 crore to expand soda ash & textile capacity

While the company will spend Rs 950 crores in a two-phase soda ash expansion project, it will utilise Rs 100 crores in the next two years for expansion of its textile business

Swiss firm Casale bags contract to revamp Zuari Agro Chemicals' Goa plant

Zuari Agro aims to increase the output of the complex from 850 metric tonne per day (MTD) to 1050 MTD of ammonia and from 1450 MTD to 1800 MTD of urea respectively

Dow launches crop nutrition product Nutribuild

The company claims that Nutribuild is one of the first products in India to provide all critical micronutrients under one umbrella

US water treatment chemicals market to reach $7.5 bn in 2019

Gains in biocide demand will continue to be slower than gains in other product categories, says a new Freedonia report

Uflex to invest Rs 550 crores in aseptic packaging plant in Sanand

This factory, which is proposed to be commissioned by April 2017, will produce approximately seven billion packs per year for liquid products such as energy drinks, milk, etc

Danfoss opens psychrometric lab in Chennai to test AC & chillers

The lab will provide HVAC product manufacturers a facility to test their products for energy efficiency standards and achieve third party certifications

DSM and CVC names polymer intermediates & composite resins biz as ChemicaInvest

As announced earlier, CVC and DSM will have 65% & 35% stake respectively in ChemicaInvest, which will have 3 business units - caprolactam, acrylonitrile & composite resins

Berry Plastics acquires Avintiv from PE firm Blackstone for $2.45 bn

Complementary products of Avintiv will enhance Berry Plastics' ability to capitalise on the rapidly growing global markets for hygiene and healthcare

India clinical research market: Rebounding from post-2011 slump

Clinical research market, once a blue-eyed industry within healthcare sector, has been witnessing a slide since 2011. However, things are looking bright since last year

Lonza buys acquires New Zealand-based agro ingredients firm Zelam

Acquisition of Zelam strengthens Lonza's agro ingredients and wood protection businesses

Hikma Pharma buys Roxane Labs from Boehringer Ingelheim in a $2.65-bn deal

The acquisition of specialty generics company Roxane will establish Hikma as the sixth largest company (by revenue) in the US generics market

GSK to set up Rs 1000-cr pharma plant in Bengaluru

GSK to set up Rs 1000-cr pharma plant in Bengaluru The greenfield facility, which will have an installed capacity of over 9 billion tablets and capsules per year, is expected to be operational by 2017