Page 72 - Plastics & Polymers

Evonik's polybutadienes plant commences operation in Germany

With this, the company expands its service portfolio of polyesters, polymethacrylates, amorphous-poly-alpha-olefins, wax and polybutadienes for the adhesive and sealants industry

Gail to collaborate with Azerbaijan-based firm for LNG and petrochem projects

The PSUs has signed an MoU with State Oil Company of Republic of Azerbaijan (SOCAR) for jointly pursuing opportunities in LNG, upstream and petrochemical projects

Huntsman opens India subcontinent head office in Mumbai

The new office will initially house about 300 Huntsman associates, including over 100 technical staff spread across three floors of state-of-the-art laboratory and research facilities

Corbion Purac plans to set up 75 kTpa poly lactic acid plant in Thailand

The company will invest about Euro 60 million in the new PLA plant, thus taking a major step in the bioplastics value chain

TCI Sanmar Chemicals to raise PVC and ethylene capacity in Egypt

The company will invest $150 mn for this expansion

BPCL to foray into petrochemicals with propylene processing plant

The company will use 3-lakh tonne of propylene from Kochi plant to manufacture value-added products

Ceat plans Rs 470 crore investment to expand capacity

The company plans to invest Rs 420 crore and Rs 50 crore in 2-3 wheeler tyre plant and specialty tyres project, respectively

Filatex plans to start production line for value-added products

The production line at its Dahej site, for which Filatex will invest Rs 200-250 crore, is expected to enhance its profitability of the polyester filament yarn manufacturer

Dow Corning launches labeling solutions for flexible application

The new system combines Dow Corning's Syl-Off SL 35 release modifier and new Syl-Off SL 411 coating to help customers optimise quality control and cost-effective manufacturing

Aditya Birla, Nirma eye stake in Punjab Alkalies & Chemicals

Two companies have carried out due diligence for buying Punjab State Industrial Development Corporation Limited's 44.26% stake in PACL which is up for sale

BASF to raise capacity of tertiary butylamine plant in China by 60%

Expansion is expected to help the company to meet increasing demand of tyre additives in China and Asia Pacific

Shin-Etsu to invest Yen 5 bn in silicones R&D facility in Japan

Aiming to expand its silicone business, Shin-Etsu will strengthen its R&D system with the construction of a new research building at its silicone electronics materials research center

Fluor and Technip JV bags contract for Sasol's Louisiana ethane cracker

As per the contract, the two companies will be responsible for the 1.5 million tonnes-per-year ethane cracker, downstream derivatives units and associated utilities

SRF's net up 61% to Rs 76 crore in Q2

The company's total income from operations during the July-September quarter also increased 9.98% to Rs 928 crore as against Rs 844 crore a year ago

Astral Poly Technik's operating profit margin declines in Q2

However, the company's net profit was up 27.6% to Rs 20.69 crore

Andhra Petrochemicals may start production at Vizag plant soon

Cyclone Hudhud has resulted in loss of production to the company

Composites usage in European construction market poised for growth

The market, which witnessed decline during the last five years, is now expected to recover over the next five years and reach $ 512 million by 2018, according to Lucintel

Celanese ties up with Japan's Setsunan for compounding

As per the agreement, Japanese firm will compound Celanese engineered polymers in Setsunan's facilities in Japan

Vipul Shah: Can India bridge the gap in global manpower shortage?

With the global chemical industry likely to witness huge shortage of skilled manpower in near future, India will have to organise itself to take advantage of this opportunity

Fluor and Technip bag EPCM contract for Petronas refinery project in Malaysia

Two companies have bagged contact for RAPID project, a part of the mammoth Petronas Pengerang Integrated Complex development that is worth an estimated $ 27 billion