Page 14 - Chemicals

Prince Pipes chairman Jayant Chheda raises stake in Vikas Ecotech

He has invested Rs 34 cr in the company that supplies lead-free additives for plastics industry

Reliance & Russia's Sibur to set up halogenated butyl rubber unit in India

The unit, located in Gujarat, will meet the growing demand for product from tyre & pharma industries

Bayer-Monsanto merger will be a winner: Study

The $66 bn deal will create the only player with dominant positions in agrichemicals & seeds

Chemical logistics firm Bertschi to build second facility in Singapore

It will invest S$ 35 mn in second facility, bringing its total investment in Singapore to S$ 80 mn

Hikal sells R&D property in Bengaluru

The land was lying vacant after Hikal consolidated its R&D operations in Pune in 2014

Sudarshan Chemical commissions cogen power plant at Roha site

The plant will make the company more competitive by reducing the electricity generation cost by 50%

Altana acquires Solvay's formulated resins business

With this, Altana strengthens its position in electrical insulation & expands business in America

L&T Hydrocarbon led consortium bags two contracts from Saudi Aramco

The LTHE-EMAS Chiyoda consortium has won the EPCI contracts for various offshore fields

CF Industries commissions ammonia, urea plants in Iowa

With this, total gross ammonia capacity at Iowa has increased to 1.2 MT from 380,000 tonnes

Neogen buys Brazilian pesticides firm Rogama

With this, Neogen consolidates its position in agricultural biosecurity products market

GE and Toyo to jointly work on digital solutions for chemical projects

Two companies will explore digital solutions for fertiliser and petrochemicals industry

AkzoNobel opens specialty coatings facility in Noida

The facility will cater to the demand of coatings from consumer durables and electronics industries

Reliance commissions para-xylene plant at Jamnagar

The new PX plant will improve the profitability of the Jamnagar complex

BioAmber and CJ CheilJedang to set up bio-succinic acid plant in China

The 36,000-MT plant will meet growing demand for bio-succinic acid in China and Asia

VCs invest $ 5.8 bn in bio-based chemicals start-ups globally: Study

In 2016, synthetic biology startups have raised 53% of all VC funding in bio-based materials, as venture firms flock to technology platforms such as DNA synthesis-as-a-service, says Lux Research

Linde and Praxair merger to create $30 bn industrial gases behemoth

The combined entity will leverage upon unique strengths of each company - Linde's long-standing leadership in technology with Praxair's operational excellence

Anellotech successfully extends catalyst lifetime of biomass-to-chemicals process

The company has developed technology to lengthen catalyst lifetime in its Bio-TCat process for low cost conversion of biomass into valuable aromatic chemicals and renewable fuels

Shell completes sale of stake in Showa Shell to Idemitsu

The sale supports Shell's strategic commitment to focus downstream activity on areas where it can be most competitive

Evonik ends cooperation with Chr Hansen for probiotic feed additives

This follows Evonik's decision to actively market its own probiotic products, after it acquired the probiotics business of the Spanish company Norel in July 2016

Promoters hike stake in fragrance & flavour firm S H Kelkar

Promoters bought 0.93 percent stake from PE firm Blackstone Group (which sold its 4 percent stake in the company) for a total consideration of Rs 40.46 crore