Page 5 - Chemicals

Wabag bags $ 105 mn order from Dangote Group in Nigeria

Wabag will be responsible for installation of an effluent treatment plant at Dangote Oil refinery

Cargill buys BioBased Technologies' polyols product lines

Acquisition expands bio-based product options for existing customers, enables entry into new markets

German flavour & fragrance firm Symrise opens creative centre in Mumbai

It will allow Symrise to co-develop innovative fragrances, oral care flavours & cosmetic ingredients

UAE's ADNOC & OMV ink collaboration pact for petrochemical projects

Under ADNOC's 2030 Strategy, crude production capacity is set to increase to 3.5 million bpd by 2018

PPG exits fiberglass business, sells it to Nippon Electric for $ 545 mn

In 2016, PPG had sold its European fiberglass operations & divested two Asian fiberglass JVs

Gluten-free baked foods to drive the demand for guar gum

Market for guar gum is forecast to reach $120 million in 2021, says Freedonia

SRF plans Rs 180 cr capex for setting up agrochemical plant in Dahej

In all, the company will invest Rs 200 crore in the chemicals business for capacity expansion

Symrise opens Asia-Pacific innovation & technology centre in Singapore

Innovation-centric expansion to boost regional and local food manufacturing capabilities

Dr Markus Steilemann to replace Patrick Thomas as Covestro CEO

The current CEO, Patrick Thomas, to complete his term which runs until 30 September 2018

Zuari Agro Chemicals to invest Rs 1300 crore to revamp urea plant

Post-revamp, urea capacity at its Goa site will increase from 1350 MTPD to 1800 MTPD

India needs to re-ignite innovation to scale new heights in manufacturing

While govt accounts for about 75% of total R&D investment, contribution of private firms is very low

Covestro to expand polycarbonates capacity in Shanghai to 600,000 TPA

The company to achieve this expansion through debottlenecking of its production lines

Dow to expand coatings & silicones capacity in Saudi Arabia

It will build manufacturing facilities for polymers (used in coatings) & high performance silicones

ExxonMobil & Sabic ink pact for next phase of US petrochemical project

The proposed project is part of ExxonMobil's $20-billion Growing the Gulf investment program

Henkel buys Sonderhoff Group to strengthen adhesives business

Sonderhoff is a manufacturer of innovative foamed-in-place gasketing solutions for reliable sealing

Arkema arm Bostik acquires floor preparation systems from CGM Inc

This deal fits perfectly with Bostik's strategy to expand in the growing US construction market

AkzoNobel builds plant for International coatings brand in Brazil

New plant will increase production capacity for smaller batches by 35% and for larger batches by 50%

AkzoNobel & Atul to start monochloroacetic acid production in India in 2019

Each partner to hold a 50-percent stake in the joint venture, to be registered as Anaven

Clariant & Huntsman merger to create $13 bn specialty chemicals behemoth

More than $3.5 billion value creation through annual cost synergies in excess of $400 million

Alternative chemicals separation technologies are worthwhile investments

Membrane & sorbent technologies have potential to make separation methods 10X more energy efficient