Page 86 - Chemicals

Huntsman appoints Rohit Aggarwal as VP & MD for India

Rohit Aggarwal succeeds Steve Stilliard, who will return to Singapore

Insecticides India to focus on exports to boost growth

The agrochemical company, which will initially focus on countries from Asia & Africa, aims to achieve a sales target of up to Rs 20 crores from exports next year

Thermax acquires 33% stake in alternative energy firm First Energy

The agreement envisages stage-wise acquisition of First Energy, which uses biomass and gasification technology for commercial applications, by Thermax over the next 4-6 years

Enterprise Products expands propylene pipeline system in US

The company will convert North Dean and Lou-Tex pipelines to polymer grade service

Asahi Kasei to expand styrenic thermoplastic elastomer capacity in Japan

SEBS is used as a modifier that enables polypropylene to be converted flexible flexible material, which can be used as a substitute for polyvinyl chloride, especially in medical applications

Japan's Sekisui Chemical eyes India for growing CPVC compound business

It will use its newly built CPVC resin and compound manufacturing plants in Thailand to export to India and Middle East

Nanocellulose market to reach $277 mn in 2019

Some of the most promising applications of nanocellulose include automotive parts, films for packaging, paper products, biomedical, paints and polymers coating, says BCC Research

Pfizer to close down Thane manufacturing plant

Manufacturing at the plant has been virtually stopped since 2013 due to the differences between Pfizer's management and its workmen over raising workmen's salaries & other issues

Drug companies to increase outsourcing budgets

Contract research segment to grow from $42 billion in 2014 to $72 billion in 2019 - with a CAGR of 11.5%, says BCC Research in its new report

Caplin Point receives EU GMP nod for sterile injectable facility in Chennai

With this, the company is aiming to tap the global injectable market, which is projected to grow to $ 70 billion by 2020

Crop Care Federation sends legal notice to Kerala Food Safety Commissioner

CCFI accuses the Kerala government of violating Food Safety and Standard Act, 2006 and requests state government to take action against the state food commissioner

Platform Specialty buys UK-based Alent for $2.3 bn

The deal is expected to improve Platform's geographic range and product capabilities in surface treatment

BASF, Poietis team up to develop 3D bioprinting technology for skin care applications

Two companies will combine their expertise to enhance bioprinted 3D tissue models to support the development and testing of cosmetic bioactives for skin care applications

Ministries of Chemicals and Skill Development ink three MoUs

The MoUs were signed with the understanding to collectively address the incremental human requirement in the fertiliser, pharmaceutical and chemicals & petrochemical industry

European Parliament adopts CO2 market stability reserve

The new law creates a system that will automatically take a portion of Emissions Trading Scheme (ETS) allowances off the market and place it in a reserve if the surplus exceeds a certain threshold

European chemical industry reports stagnant growth in 2015

Chemical industry output grew just 0.3 per cent during the first four months of 2015 compared to the same period of 2014, according to Cefic

Bayer CropScience plans $200-mn crop protection chemicals plants in US

The two units, which produce precursor materials for use in the production of Bayer's Liberty herbicide, will be built on Evonik's manufacturing site in Mobile, Alabama (USA)

Amec Foster Wheeler bags consultancy contract for refinery in Malaysia

Under the contract, awarded by SKS Corporation Sdn Bhd & its partners, Amec Foster Wheeler will provide detailed feasibility study for a new refinery and petrochemicals complex

Albemarle's lithium carbonate plant in Chile to begin commercial production in Q3 2015

The company has begun commissioning process for the plant, which has been built with an investment of $200 mn and a capacity to manufacture 20,000 MT of lithium carbonate

Smart coatings to open vistas of opportunities with more dynamic products

Next-generation coatings that can respond to their environment will be highly impactful, once technical challenges are overcome, says a new Lux Research report