Page 22 - Chemicals

SRF to invest Rs 345 crore in two chemical plants

It will spend Rs 165 crore and Rs 180 crore at its Dahej manufacturing site for setting up chloromethane and specialty chemicals plants, respectively

Zeon and Sumitomo Chemical plan consolidation of S-SBR businesses

Two companies will look into forming a new JV and will transfer their current S-SBR operations, including those of their respective subsidiaries, to the new company

Asian Paints to raise capacity of Sriperumbudur plant by 60,000 KL

In addition, the company is planning to augment the capacity of synthetic resins and emulsions at its Ankaleshwar (Gujarat) manufacturing facility by 35,000 MT

Deepak Fertilisers to set up nitric acid plant in Dahej with Rs 550-cr investment

This marks DFPCL's maiden investment in manufacturing facility outside Maharashtra. The new project is scheduled to be completed by H2 of 2018

If GST tax is capped at 18-20%, it will benefit chemicals industry: Ajay Durrani

The trickle-down and cascading effects of the GST in other sectors such as logistics, manufacturing, auto and consumer products too will impact the chemicals and polymers industry

Fire breaks out at Meghmani Organics' pigment plant in Dahej

While the plant has four manufacturing sections, only one section of beta blue pigment got affected due to fire

The Chatterjee Group buys Mitsubishi Chemical's PTA business in India

Acquisition of MCC PTA India will help TCG, which owns majority stake in Haldia Petrochemicals, to consolidate its petrochemicals business in India

Gujarat Fluorochemicals sells stake in Chinese JV Ltd

Xuancheng Hengyuan Chemical Technology, established in 2006, manufactures cyclic organic crudes, intermediates, organic dyes and pigments

Innospec to buy Huntsman's European surfactants business for $ 225 mn

The planned transaction with Innospec represents another step in Huntsman's strategic transformation of its performance products business

LyondellBasell to set up high density polyethylene plant in US

The HDPE plant, with a 500,000 MTPA capacity, will be built on the US Gulf Coast and will use LyondellBasell's new Hyperzone PE technology commercially for the first time

Solvents market in US to reach 9.6 billion pounds by 2020

Increase in construction activity is stimulating demand for related materials, such as paint and coatings and adhesives and sealants, says Freedonia's new study

Merck inks licensing pact with Nanoco for quantum materials

Cadmium-free quantum dots enable ultra-bright displays with a substantially extended colour range

Celanese stops monomethylamine production at Mexico site

The site will continue to produce dimethylamine (DMA) and trimethylamine (TMA) with a focus on growing and expanding the company's amines business

Flotek to acquire International Polymerics

This acquisition will allow Flotek to accelerate its fluid systems development while adding-value and increasing margins in IPI's core guar business

Mitsui Chemicals to expand thermoplastic olefinic elastomer in Japan

The company will increase the capacity of Milastomer, its thermoplastic elastomer brand, by 5,000 tonnes per annum at the Chiba (Japan) site of its subsidiary, Sun Alloys Co Ltd

CB&I bags contract for alkylation technology from PT Pertamina

Pertamina's alkylation unit in Balikpapan (Indonesia) will use CB&I's CDAlky advanced sulfuric acid alkylation technology

Footwear institute FDDI grants Green Label certificate to Henkel India

Green Label is a quality certification label that is issued to validate safe, healthy and eco-friendly footwear, leather products & components used to manufacture them and allied products

Mitsubishi Chemical plans to sell polyester feedstock business in India: Report

Oversupply of purified terephthalic acid (PTA), mainly from China, has prompted the company to off load Indian as well as Chinese PTA businesses, says a Nikkei Asian Review report

Saudi Arabia's Sabic and ExxonMobil plan petrochemical JV in US

The potential new complex, which will house a steam cracker and derivative units, would be located in Texas or Louisiana near natural gas feedstock

Sumitomo Chemical to set up polyethersulfone plant in Chiba

The new facility of polyethersulfone, a thermoplastic resin, is schedule to start commercial scale production in 2018