Page 17 - Chemicals
Gail increases polyethylene capacity by 400,000 TPA at UP petrochemical plant
The company has operationalised its first Unipol PE process line in Pata (UP) increasing the company's total petrochemicals capacity to 810,000 TPA at the site
 "Gail increases polyethylene capacity by 400,000 TPA at UP petrochemical plant")
Gujarat Alkalies selects Chematur Engineering for hydrogen peroxide project
Swedish firm will offer technology, know-how & basic engineering services for setting up GACL's 14000 MTPA hydrogen peroxide plant in Dahej
 "Gujarat Alkalies selects Chematur Engineering for hydrogen peroxide project")
Bayer launches fungicide for grapes
The new product, Luna Experience, will help grape growers achieve healthy and disease-free produce that lasts longer on shelf
 "Bayer launches fungicide for grapes")
Shell sells Denmark refining business to Dansk Olieselskab for $ 80 mn
The transaction includes the 70 thousand barrels per day Fredericia refinery and local trading & supply activities
Global chemical firms focus on India to promote TfS for sustainable supply chains
Many Indian companies with large international exposure are showing their willingness to join Together for Sustainability (TfS) - a global initiative aimed at chemical suppliers
 "Global chemical firms focus on India to promote TfS for sustainable supply chains")
BASF to acquire Henkel's professional Western European building material business
The transaction, which will bring into BASF fold Thomsit and the Ceresit flooring, tiling and waterproofing business of Henkel, will strengthen its portfolio in construction chemicals
 "BASF to acquire Henkel's professional Western European building material business")
Arkema plans closure of R134a fluorogas activity at Pierre-Benite site in France
This decision is in response to an inevitable decline in R134a market in Europe following regulatory changes, to be effective from January 1, 2017, affecting the usage of fluorinated gases for automotive AC
Albemarle receives exploration rights for lithium in Argentina
The company has entered into an agreement with Bolland Minera SA for the exclusive exploration and acquisition rights to a lithium resource in Antofalla, Argentina
Bayer buys Monsanto for $ 66 billion
The combined entity will benefit from Monsanto's leadership in seeds & traits and climate corporation platform along with Bayer's broad crop protection product line
 "Bayer buys Monsanto for $ 66 billion")
Evonik to built polyamide 12 powder plant in Germany
The company's polyamide 12 powders are targeted at highly attractive markets such as the coatings industry and additive manufacturing (3D printing)
 "Evonik to built polyamide 12 powder plant in Germany")
Indian Oil ropes in Praj to set up 2G bio-ethanol plants
Praj will be IOCL's technology partner for setting up multiple second generation (2G) bio-ethanol plants based on indigenously developed technology
 "Indian Oil ropes in Praj to set up 2G bio-ethanol plants")
Chemical shares rally; Bhageria Ind, Thirumalai Chemicals, Chemfab Alkalis up over 15%
Bhageria Ind, Adi Finechem, AksharChem, IG Petro, Bodal Chemicals, Daikafil Chemicals, Seya Ind and Thirumalai Chemicals are trading at their respective lifetime highs.
 "Chemical shares rally; Bhageria Ind, Thirumalai Chemicals, Chemfab Alkalis up over 15%")
Dhunseri Petrochem completes formation of JV with Thailand's Indorama Ventures
The JV will gain from significant synergies as being the sole producer of PET resin in Northern & Eastern India and with all its manufacturing sites effectively integrated with third party PTA suppliers
 "Dhunseri Petrochem completes formation of JV with Thailand's Indorama Ventures")
European chemical association supports conclusion of TTIP agreement
The EU and the US make up 60 percent of global GDP amounting to over Euro 700 billion per year of goods and services traded. Chemicals are one of the top of all traded commodities
 "European chemical association supports conclusion of TTIP agreement")
Merck opens OLED materials manufacturing plant in Germany
Built with a total investment of around Euro 30 million, the plant enables a fivefold increase in production capacity of OLED materials, which are used in displays and lighting systems
Aarti Industries starts commercial production at ethylation unit
The company has also commissioned the second phase expansion project of PDA, which is used in engineering polymer
 "Aarti Industries starts commercial production at ethylation unit")
Conference on industrial mixing technology to be held in Mumbai
Organised by Calibre Communications, the conference will focus on techniques to optimise industrial mixing, one of the most important processes in chemical industry
Rosneft and ChemChina spell out framework for implementing petrochemical project
The Far-Eastern petrochemical company (FEPCO) project will provide high value-added chemical products across Asia-Pacific market
Sabic and Shenhua Group to set up coal-to-chemicals complex in China
The facility will focus on highly-differentiated applications and segments through polymers derivatives
 "Sabic and Shenhua Group to set up coal-to-chemicals complex in China")
Henkel India appoints Shilip Kumar as president
He succeeds Jeremy Hunter, who after leading the India business for last five years has moved to Shanghai as president - Henkel China
 "Henkel India appoints Shilip Kumar as president")
