Page 63 - Plastics & Polymers
Chemical industry to gain from 'Make in India' initiative
Manufacturers will have to address issues such as raw materials, infrastructure & environment, human resources, etc to succeed in the chemical industry
 "Chemical industry to gain from 'Make in India' initiative")
Arkema acquires Italian organic peroxides maker Oxido
With this acquisition, along with its planned increase in capacities in China, Arkema is likely to strengthen its position as a leading player in organic peroxides
BioAmber begins commissioning of bio-succinic acid plant in Canada
The Sarnia plant in Canada will be the world's largest succinic acid manufacturing facility, with an annual nameplate capacity of 30,000 metric tonnes
Wacker to build specialty monomers plant in Germany
The plant, being set up with an investment of Euro 8 mn, will have annual capacity of 3,800 metric tonnes and produce vinyl neodecanoate and vinyl laurate
 "Wacker to build specialty monomers plant in Germany")
Bayer MaterialScience buys Thermoplast Composite in Germany
The company's entry into composites manufacturing with the performance plastic polycarbonate to strengthen Bayer's position in key customer sectors
 "Bayer MaterialScience buys Thermoplast Composite in Germany")
The very complex nature of polyolefins price moves: Dr Mosongo Moukwa
Despite crude oil prices crashing, polyolefins have not followed this trend. The effect of oil prices on propylene is somewhat different (compared to ethylene) given the nature of its feedstock supply
 "The very complex nature of polyolefins price moves: Dr Mosongo Moukwa")
Gulshan Polyols to set up onsite PCC plant at Orient Paper site in MP
This is the sixth onsite plant set up by Gulshan Polyols for supply of specialty precipitated calcium carbonate (PCC) suitable for paper industry
 "Gulshan Polyols to set up onsite PCC plant at Orient Paper site in MP")
Budget cuts duties on polymers to give a boost to plastics industry
However, it has increased the excise duty on plastics bags (other than for industrial use) from 12 per cent to 15 per cent
 "Budget cuts duties on polymers to give a boost to plastics industry")
Budget focuses on skill training for the youth: Samit Jain
Ease of doing business seems to have been focussed on the large sector; however, more could have been done for easing of rules for the MSME sector
 "Budget focuses on skill training for the youth: Samit Jain")
Budget lays a foundation for strong economic growth: Sudhir Shenoy
The proposal to reduce customs duty on key manufacturing components such as ethylene dichloride, vinyl chloride monomer, butyl acrylate, etc are welcome changes
 "Budget lays a foundation for strong economic growth: Sudhir Shenoy")
Wax deoiling technology at Numaligarh Refinery wins international competition
The technology has been developed by CSIR through its constituent laboratory Indian Institute of Petroleum, Dehradun, in association with the Engineers India Ltd
 "Wax deoiling technology at Numaligarh Refinery wins international competition")
Reduce customs duty on PTA & MEG to zero: O P Lohia
Excise duty on man-made fibre/filaments should be reduced to 4% from 12% to increase consumption in textile industry
 "Reduce customs duty on PTA & MEG to zero: O P Lohia")
Arkema introduces Polystrand thermoplastic tapes in Europe
Polystrand tapes are continuous glass fibres impregnated by various polymers, such as polypropylene, polyamides and fluoropolymers
Solvay to set up specialty polymers PEEK unit in US
The company will invest more than $85 million for expanding capacity at Augusta (Georgia, US) and Panoli (Gujarat, India) facilities
PolyOne to expand specialty thermoplastics capacity in US
The company to add a new production line for making OnForce LFT long-fibre specialty thermoplastics at its existing Avon Lake, Ohio, facility
 "PolyOne to expand specialty thermoplastics capacity in US")
US adhesives & sealants market to reach $12.8 bn in 2019
A turnaround in construction activity, combined with the expanding use of adhesives and sealants in manufacturing and assembly, will underpin demand gains, says Freedonia report
Ex-bureaucrat Maheswar Sahu joins Reliance Industries board
Maheswar Sahu appointed as an independent director on RIL board
Petron Engineering bags Rs 100-cr order for RIL's LLDPE plant in Jamnagar
Reliance Industries' J3 complex comprises a petroleum refinery and other associated petrochemical plants, which produce plastic and fibre intermediates
 "Petron Engineering bags Rs 100-cr order for RIL's LLDPE plant in Jamnagar")
Government should consider setting up reverse SEZs: Sudhir Shenoy
These SEZs can help Indian companies to source competitive feedstock available in resource rich countries such as Africa, Middle East, etc to make chemical building blocks for meeting India's needs
Praxair plans industrial gases unit to support BASF-Yara's ammonia project in Texas
The company will invest more than $400 million to add hydrogen and nitrogen production capacity and extend its Gulf Coast pipeline systems from Texas City to the Freeport area
