Page 87 - Chemicals

Gujarat State Fertilizers plans to set up petrochemical complex in Dahej

GSFC will invest Rs 8000-10000 crores for the new complex

Aditya Birla Nuvo joins the solar energy bandwagon

As a part of its plan to foray into solar power business, the Aditya Birla Group company will bid for upcoming solar power projects of government as well as private sector

Coty buys P&G's beauty business in a $12.5 bn deal

The company will merge P&G's beauty business - comprising fine fragrance, colour cosmetics, and hair colour businesses - with itself

China's Geely Group invests $45.5 mn in renewable methanol fuel producer CRI

Investment in Iceland's Carbon Recycling International will help Geely Group to propel methanol technology business in China and Europe

Sunil Kumar to head Henkel India's adhesives business

In a career spanning well over 25 years, Sunil Kumar has had rich industrial B2B experience in both sales and marketing functions in organisations

UL accredited by Water Quality India Association to provide testing

Through this association, Underwriters Laboratories (UL) will provide testing services for WQIA through its India Water Laboratory in Bangalore

IOCL awards EPC contract to Black & Veatch, KSS Petron for Ennore LNG terminal

The terminal is scheduled to be completed by 2018

Russia's Rosneft inks deal to buy 49% stake in Essar Oil's Vadinar refinery

In addition, two companies have entered into long-term contract under which Rosneft will supply 100 million tonnes of crude oil to Essar's Vadinar refinery over a period of 10 years

Researchers develop green process to make bio-plastics with low waste

Researchers from Belgium's KU Leuven university have claimed to have found a way to make polylactic acid (PLA), a bioplastic, production process more simple and waste-free

Toyo, IKPT awarded contract for synthetic rubber plant project in Indonesia

The plant, with production capacity of 1,20,000 tonnes per annum, is being set up by PT Synthetic Rubber Indonesia, a JV between Michelin and PT Chandra Asri Petrochemical Tbk

Global polycarbonate resin market to reach $16.4 billion by 2020

With 61 percent share of the global polycarbonate market in 2014, Asia-Pacific is the largest consumer of polycarbonate globally, says a MarketsandMarkets report

Time Technoplast exits Chinese venture, buys 50% stake in Egyptian JV

These developments come against the backdrop of Time Technoplast's decision to divest its Polish subsidiary Novo Tech SP to a Poland-based private equity fund in June 2015

Wind energy major Gamesa forays into solar market

The company will install 10 MW solar order by September 2015 and aims to establish itself as a reliable solar technology partner, in line with its 2015-2017 global business plan

Versalis, Ecombine and EVE Rubber Institute to develop green tyres

The partnership will integrate Versalis' elastomers technologies with EVE's ATCM technology for the production of advanced elastomer compounds designed for the tyre market

BP Zhuhai starts purified terephthalic acid plant in China

The completed phase 3 plant, with a design production capacity of 1.25 million tonnes per year, is the world's largest single train PTA unit

Lego plans to use green resources for iconic plastic toys

The company will invest DKK 1 billion on R&D to find new, sustainable, raw materials to manufacture Lego elements as well as packaging materials

Perstorp buys pentaerythritol business of Japan's Koei Chemical

For Perstorp, this is an important part of an ambitious plan to strengthen the position in the Asian market

Ashland acquires AkzoNobel's Zeta Fraction biofunctional technology

The acquisition will strengthen Ashland's position in high-growth markets and help it expand in sustainable, natural-based specialty ingredients

VA Tech Wabag bags Rs 580-cr wastewater treatment project in Bahrain

The company won the sewage treatment plant (STP) order, its first EPC order in Bahrain, for Al Madina Al Shamaliya

Indian Oil to invest Rs 13,000 cr for paraxylene-PTA and glycol units in Paradip

In addition, Indian Oil Corporation is also exploring the possibility of building a petcoke gasification plant with an investment of more than Rs 15,000 crore