Page 10 - Chemicals

Invista plans to divest apparel & advanced textiles business

The company said it was exploring strategic alternatives for this business - including a sell-off

L&T Hydrocarbon bags Rs 1100 crore order for Indian Oil's cracking unit

IOCL is setting up Indmax fluidised cracking unit (FCC) of 0.740 MMTPA at its Bongaigaon refinery

Kirloskar adopts Honeywell's eco-friendly refrigerant for new chiller line

Solstice ze is an environmentally preferable hydrofluoro-olefin refrigerant developed by Honeywell

Accella to buy spray polyurethane foam business from Covestro

It expands Accella's core technology offering in spray PU foam insulation & roofing markets

Evonik-Grupo Idesa JV CyPlus opens sodium cyanide plant in Mexico

Mining process in gold & silver industry uses sodium cyanide to extract precious metals from mineral

A Schulman joins coalition to advance gas storage technology for automotive

The coalition of ANGP, UTRC & Ingevity is developing low pressure gas storage tank for vehicles

Cristal sells titanium dioxide business to Tronox for $1.673 billion

Tronox also announces intent to begin process to sell its alkali business

Mitsui Chemicals & SKC Polyurethanes to set up facility in India

Polyurethane system plant, to be located in AP, will aim to tap auto & home appliances industries

Meghmani Finechem plans Rs 140-crore chloromethane plant in Dahej

The plant, with 40,000 TPA capacity, will be commissioned in March 2018

Sadara Chemical ropes in auto industry to set up cluster in PlasChem Park

Cluster, enabling local production of auto parts, will house OEMs and tier 1 & 2 manufacturers

Merger of Abu Dhabi's IPIC and Mubadala creates $125-bn behemoth giant

Petroleum & petrochemicals business to account for about 31% of the merged entity

New technologies to drive global biofuels demand to 67 bn gallons in 2022

Advanced biofuels will nearly double in 5 years to 9.6 billion gallons per year, says Lux Research

Mitsui Chemicals buys 10% stake in Belchim Crop Protection

With this deal, Mitsui will enhance its overseas business and strengthen its sales considerably

CB&I to provide technology for propane dehydrogenation unit in China

Contract for the unit, producing 600,000 TPA of propylene, was awarded by Dongguan Grand Resource

Evonik expands range of rubber additives for tyre applications

Polyvest ST can significantly reduce rolling resistance in tyres, thus lowering CO2 emissions

SH Kelkar buys fragrance encapsulation technology from Tanishka Products

This technology has application in the fabric & laundry sectors to ensure that fragrance lasts long

Elementis buys personal care ingredients maker SummitReheis for $ 360 mn

The deal will help Elementis to strengthen its position in the $13-billion anti-perspirant market

Insecticides demand surpasses herbicides in US

The insecticides market is expected to reach $910 million in 2020 in the US, says Freedonia Group

BASF acquires light management specialist Rolic AG

Acquisition broadens technology platform & product portfolio of BASF's display materials business

Altana expands additives business by acquiring PolyAd Services

This strengthens Altana's BYK Additives & Instruments division in the plastics additives segment