Page 9 - Chemicals

Indorama Ventures buys European tyre cord maker Glanzstoff Group

The deal will strengthen IVL's leadership position in the high value-added tyre cord market

Rise in health awareness to take nutraceuticals market to $ 8.5 bn by 2022

Dietary supplements accounted for 65% of Indian nutraceuticals market, says a Assocham-RNCOS study

Milliken buys Keystone Aniline Corporation to boost colourant business

Keystone Aniline Corporation is a manufacturer of dyes, pigments, pigment dispersions & polymers

National Fertilizers to set up dinitrogen tetroxide plant for ISRO

It will invest Rs 350 crores for the 1095-MTPA propellant plant, which will be located at Guna (MP)

Nova Chemicals buys Williams Partners' Geismar olefins plant for $2.1 bn

The deal will allow the company to benefit from the access to significant US shale gas reserves

NBCC, Berger Paints tie up for European thermal insulation technology

They will jointly work to bring external thermal insulation and composite systems (ETICS) in India

HPCL, Rajasthan Govt ink revised MoU for proposed 9 MMTPA refinery

Proposal to set up the Rs 37,230-cr refinery at Barmer district was first announced in March 2013

APL Apollo Tubes to tap coastal areas with new galvanised steel pipes

It is working closely with fabricators & structural engineers to meet requirements of these regions

Ashland acquires ingredients maker Pharmachem Laboratories for $ 660 mn

Deal to strengthen Ashland's position in fast-growing nutraceuticals market

L&T bags Rs 2227 cr contracts in water & effluent treatment segment

The construction arm of L&T has won orders with a total value of Rs 2694 cr

Punj Lloyd bags Rs 312 cr contract from Saudi Aramco-Sinopec JV

Contract was awarded for the clean fuels interfacing facilities project in Yanbu, Saudi Arabia

Suzuki, Toshiba & Denso plan to make auto lithium-ion battery in India

Three Japanese companies are expected to invest Yen 20 bn (about Rs 1180 crore) to set up a facility

Axalta to buy Valspar's North American wood coatings business for $420 mn

The deal is aimed at securing regulatory clearance for Sherwin-Williams' acquisition of Valspar

PPG acquires 40% stake in Taiwan Chlorine Industries

The company will buy the stakes from China Petrochemical Development Corporation

FSSAI ropes in US-based Decernis for online access to global food standards

Tie up will help FSSAI to access database of over 70,000 standards from over 170 countries

Indian Institute of Petroleum and Energy at Vizag receives Cabinet nod

Cabinet has also approved Rs 655.46 crore as capital expenditure to set up IIPE

Total-Hanwha JV to invest $450 mn for expansion of South Korean refinery

The investment will increase the site's ethylene capacity by 30% to 1.4 million tonnes per annum

Mitsui Chemicals & Toyota Boshoku tie up for high impact-resistant plastic

The deal aims to increase the use of this material as a plastic modifier made by Mitsui Chemicals

Berger Paints partners with Japan's Chugoku for marine coatings market

Through this tie up, Chugoku aims to become one of the leading firms in Indian marine paints market

Bain Capital & Cinven buy German generic drug maker Strada for € 4.1 bn

Stada offers a portfolio of high-quality, low-cost generic products including selected biosimilars