Page 11 - Chemicals
Chemicals exports reach $ 9.76 billion in Apr-Dec 2017
The industry has shown tremendous resilience in adverse global conditions, says Nirmala Sitharaman
 "Chemicals exports reach $ 9.76 billion in Apr-Dec 2017")
Wadia Group buys Belgium-based Solvay's 25% stake in National Peroxide
With this deal, Wadia Group raises its holding in National Peroxide Ltd to over 70 percent
 "Wadia Group buys Belgium-based Solvay's 25% stake in National Peroxide")
Bodal Chemicals buys 70% stake in dye intermediates maker SPS Processors
With this, BCL will be able to increase manufacturing capacities of dye intermediates by 25 percent
 "Bodal Chemicals buys 70% stake in dye intermediates maker SPS Processors")
Stahl to acquire BASF's leather chemicals business
As per the deal, BASF will receive 16% stake in Stahl, a manufacturer of process chemicals
 "Stahl to acquire BASF's leather chemicals business")
Dow Chemical-DuPont merger to have adverse effect on competition: CCI
The Competition Commission has initiated scrutiny of the deal by inviting comments from the public
 "Dow Chemical-DuPont merger to have adverse effect on competition: CCI")
US-based adhesives major HB Fuller invests $ 20 million in India
It expands operations in the country by setting R&D center in Shirwal and business office in Pune
 "US-based adhesives major HB Fuller invests $ 20 million in India")
MNCs plan expansion of polyurethane business in India as demand picks up
Indian producers want govt to address the issue of inverted duty structure to boost local production
 "MNCs plan expansion of polyurethane business in India as demand picks up")
Bodal Chemicals buys 42% stake in water treatment chemicals maker Trion
Trion Chemicals produces trichloro isocyanuric acid - a disinfectant, algaecide and bactericide
 "Bodal Chemicals buys 42% stake in water treatment chemicals maker Trion")
Albemarle to double lithium concentrate production in Australia
Talison, a JV between Albemarle & Tianqi Lithium, will expand production at its spodumene mine
 "Albemarle to double lithium concentrate production in Australia")
BASF to set up plastic additives plant in Shanghai
The plant, with a capacity of 42,000 tonnes per annum, will produce antioxidants
 "BASF to set up plastic additives plant in Shanghai")
Evonik buys German cosmetic ingredients maker Dr Straetmans
The move to help Evonik to provide an alternative preservation systems for cosmetic products
 "Evonik buys German cosmetic ingredients maker Dr Straetmans")
Cabinet gives nod to sale of Indian Oil's 24% stake in Lubrizol India
The sale is expected to help Lubrizol India in gaining access to latest global additive technologies
 "Cabinet gives nod to sale of Indian Oil's 24% stake in Lubrizol India")
Global fluorosurfactants market to reach $ 667 million by 2021
Asia-Pacific region to be the largest market for fluorosurfactants, says Markets and Markets report
 "Global fluorosurfactants market to reach $ 667 million by 2021")
Shell divests oil sands interests in Canada for $7.25 bn
The company sold its stakes to Canadian Natural Resources Limited
 "Shell divests oil sands interests in Canada for $7.25 bn")
Henkel buys Mexican hair care company Nattura Laboratorios
Acquisition of hair professional business in Mexico and US to strengthen its beauty care business
 "Henkel buys Mexican hair care company Nattura Laboratorios")
M&A activity in chemical industry to persist in 2017: Dr Mosongo Moukwa
Limited returns on organic growth are forcing firms to look at M&As to sustain high valuations
 "M&A activity in chemical industry to persist in 2017: Dr Mosongo Moukwa")
Wacker to invest € 85 mn in Norway site to increase silicon metal capacity
Silicon metal is used for producing silicones & hyperpure polysilicon - key products of Wacker
 "Wacker to invest € 85 mn in Norway site to increase silicon metal capacity")
DSM & Evonik to jointly set up $200-mn omega-3 fatty acids plant in US
The plant, for the first time, will enable production of omega-3 fatty acids without using fish oil
 "DSM & Evonik to jointly set up $200-mn omega-3 fatty acids plant in US")
AkzoNobel plans separation of specialty chemicals business
The company also rejected PPG's proposal to buyout AkzoNobel in a cash & stock deal
 "AkzoNobel plans separation of specialty chemicals business")
Birla Carbon partners American Process to improve fuel efficiency of tyres
Two companies aim to improve fuel efficiency of tyres by combining carbon black and nanocellulose
 "Birla Carbon partners American Process to improve fuel efficiency of tyres")