Page 13 - Chemicals

Mitsui Chemicals buys 10% stake in Belchim Crop Protection

With this deal, Mitsui will enhance its overseas business and strengthen its sales considerably

CB&I to provide technology for propane dehydrogenation unit in China

Contract for the unit, producing 600,000 TPA of propylene, was awarded by Dongguan Grand Resource

Evonik expands range of rubber additives for tyre applications

Polyvest ST can significantly reduce rolling resistance in tyres, thus lowering CO2 emissions

SH Kelkar buys fragrance encapsulation technology from Tanishka Products

This technology has application in the fabric & laundry sectors to ensure that fragrance lasts long

Elementis buys personal care ingredients maker SummitReheis for $ 360 mn

The deal will help Elementis to strengthen its position in the $13-billion anti-perspirant market

Insecticides demand surpasses herbicides in US

The insecticides market is expected to reach $910 million in 2020 in the US, says Freedonia Group

BASF acquires light management specialist Rolic AG

Acquisition broadens technology platform & product portfolio of BASF's display materials business

Altana expands additives business by acquiring PolyAd Services

This strengthens Altana's BYK Additives & Instruments division in the plastics additives segment

Budget proposes Rs 10k crore to clear fertiliser subsidy dues: Ananth Kumar

The planned four medical devices parks to give boost to Make in India initiative

Supreme Petrochem starts swing production line at Nagothane plant

This will enable the company to produce 42,500 tonnes of styrene methyl methacrylate (SMMA)

Praxair starts hydrogen facility for Dow Chemical in US Gulf Coast

The company will also supply nitrogen for Dow's chemical production facility

Yuhuang Chemical awards Amec Foster for supplying auxiliary boiler

The boiler will be used for YCI's methanol facility currently under construction in Louisiana (USA)

Chemtura shareholders approve acquisition by Lanxess

Lanxess had inked a pact to buy the additives maker Chemtura for $ 2.5 billion in September 2016

Ineos acquires Arkema's oxo alcohol business

It will buy Arkema's 50% stake in their JV Oxochimie, which has a facility at Lavera (France)

AkzoNobel to commercialise bio-based polymers in alliance with Itaconix

Itaconix will contribute with a technology to turn itaconic acid (obtained from sugars) into polymer

Gail, HPCL ink MoU for Rs 40,000 cr petrochemicals complex in AP

The new plant will have a capacity to produce 1.5-million tonnes of ethylene derivatives

Germany's BASF forays into Indian crop protection market for rice

It has launched a range of solutions to boost rice yields by managing diseases, weeds and pests

Praxair inks hydrogen supply pact with Marathon Petroleum

The hydrogen will be supplied through Praxair's extensive Southeast Louisiana pipeline network

Asian Paints to invest Rs 650 cr for capacity expansion at Ankaleshwar site

It will raise production of paints and synthetic resins & emulsions at the site

Mitsubishi Rayon buys US carbon fibre plant from Germany's SGL

Deal will strengthen MRC's position in composites, especially for application in wind turbine blades