Chemicals

Global emissions from banned chemicals destroying ozone layer: Study

The study noted these emissions might be reduced or avoided by reducing leakages associated with HFC production and by properly destroying any co-produced CFCs

Coromandel International to enter into fertilisers, industrial chemicals

Coromandel International Ltd, which is into fertilisers and crop protection chemicals businesses, on Wednesday said it will diversify into speciality and industrial chemicals. Coromandel International is in the business of fertilisers, crop protection chemicals, bio-products, speciality nutrients, organic fertilisers and retail. In a statement, the company said that its Board approved a plan to expand its operations in crop protection chemicals and foray into Contract Development & Manufacturing Organisation (CDMO) business. The Board also approved the plan to diversify into new growth areas, namely speciality and industrial chemicals. "This is in line with the company's strategy to establish a sizeable presence in the crop protection chemicals business and leverage its deep technical capabilities and best-in-class infrastructure to enter into adjacencies like CDMO, speciality and industrial Chemicals," it added.

India taking steps to counter manufacture of illegal synthetic drugs: INCB

INCB chief Jagjit Pavadia said, "India has witnessed the rise of commercial chemical factories that have been adapted to illicitly manufacture large quantities of synthetic drugs and their precursors"

Chemplast Sanmar to spend Rs 680 cr on expanding CMC works at Hosur

Phase-1 of project slated to be completed by Q2 of FY24

Fertilisers and Chemicals Travancore's Q3 net up two-fold to Rs 165.79 cr

Profit and turnover for the corresponding nine months of the previous year was Rs 119.84 crore and Rs 2,732.25 crore, respectively

Nano liquid urea cheaper, better, saves govt subsidy: Mansukh Mandaviya

Minister for Chemicals and Fertilisers Mansukh Mandaviya on Thursday stressed on the need to promote nano liquid urea in place of conventional granular urea, saying that it is better, cheaper, convenient and will help the government in saving a huge amount of subsidy. In June 2021, cooperative IFFCO launched nano urea as an alternative to conventional urea. It has also set up manufacturing plants to produce nano urea. IFFCO is selling nano urea at Rs 240 per bottle of 500 ml, which can replace one bag of conventional urea of 45kg costing around Rs 265. There is no government subsidy on nano urea. While virtually interacting with four farmers and two owners of Pradhan Mantri Kisan Samruddhi Kendras (PMKSK) from different states, Mandaviya enquired about the availability of various fertilisers including nano urea and also whether farmers were getting other advisory services at these centres. Under an scheme, around 3 lakh retail fertiliser shops in the country are getting converted i

After toys, govt looks to curb China electric fan, smart meter imports

Since the quality control order 3 years ago, toy import down 70 per cent

Centre tells fertiliser companies, states to promote Nano urea use

At present, the capacity of Nano urea is 50 million bottles per year

Invest Rajasthan Summit proposals in implementation stage, says minister

The summit had drawn interest from local businesses, in addition to a number of those from India and outside

Archean Chemical lists at 11% premium to issue price, extends gain

Post listing, the stock moved higher to Rs 473.65, up 16 per cent over its issue price on the BSE.

Centre tells SC it wants more compensation for Bhopal gas leak victims

Attorney General says tragedy continues for victims, will pursue its 12-year-old curative petition for them

Inga, TIH Singapore tie up to launch PE fund for mid-sized companies

The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore

Location-tracking device must for vehicles carrying hazardous goods

The Ministry of Road Transport and Highways (MoRTH) on Monday made it mandatory for goods vehicles, manufactured on or after September 1, used for carrying dangerous or hazardous materials to be fitted with location tracking device. The ministry in a notification said it has been brought to the notice that vehicles, which are not under the ambit of national permit, carrying various gases viz. argon, nitrogen, oxygen etc. and goods of dangerous or hazardous nature, are not fitted with Vehicle Location Tracking Devices. "Accordingly, the ministry, has mandated that every vehicle of categories N2 and N3, manufactured on and after the 1st day of September, 2022, in the case of new models, and 1st day of January, 2023, in the case of existing models, carrying dangerous or hazardous goods, shall be fitted with a vehicle tracking system device as per Automotive Industry Standard (AIS) 140," it said. Category N2 vehicle means motor vehicles used for carriage of goods and having a gross ...

India may not need to import urea after 2025, says Mansukh Mandaviya

This is owing to rising domestic production, nano supplies

'Markets have not hit the bottom yet; select banks, autos attractive'

Direct impact of rising interest rates might already be discounted by the markets, but secondary impact is not yet fully priced in, says Varun Lohchab, head of institutional research, HDFC Securities

Chemical MSMEs to log robust growth, margins stressed: CRISIL SME Tracker

MSMEs' double-digit revenue growth will be powered by improved price realisation

Chemicals manufacturer Dorf Ketal to acquire Khyati Chemicals

According to sources in the chemicals industry, the deal could be worth anywhere between Rs 300 to Rs 400 crore

Archean Chemical Industries files paperwork with Sebi to launch IPO

Archean is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world

FM Sitharaman proposes cut in customs duties on certain chemicals

She also announced a reduction in customs duty on cut and polished diamond, gemstones to 5 per cent

3 killed, 10 injured in blast, fire at chemical plant in Gujarat

'Search is on for survivors and injured persons in the plant. The fire is under control'