Page 24 - Chemicals
Fairfax controlled Adi Finechem and Privi Organics to form specialty chemicals JV
Yesterday, Canadian investment holding company Fairfax India announced acquisition of 51% stake in Privi Organics for Rs 370 crores (approximately $55 million)
 "Fairfax controlled Adi Finechem and Privi Organics to form specialty chemicals JV")
Nanotechnology breathes life into cosmeceuticals
Nanoparticles are transforming the cosmetics industry, with many companies focusing on developing nanoparticles for applications in cosmeceuticals, says Dr Mosongo Mouka
 "Nanotechnology breathes life into cosmeceuticals")
HP ropes in German specialty chemicals firm Evonik for new 3D printing materials
Evonik expects to see further development in additive manufacturing technologies in large-scale production of components, which are used in the automotive and aircraft industries
 "HP ropes in German specialty chemicals firm Evonik for new 3D printing materials")
Arkema opens Bostik adhesives plant in Sweden
The facility enlarges the firm's manufacturing footprint in Europe and will produce a variety of cement-based construction products including tile adhesives, mortars and flooring products
 "Arkema opens Bostik adhesives plant in Sweden")
Bodal Chemicals to enhance dyestuff capacity by 24,000 tonnes
From the first phase expansion, which will raise capacity from 17,000 MTPA to 25,000 MTPA, the company expects an additional annual dyestuff turnover of about Rs 145 crores
 "Bodal Chemicals to enhance dyestuff capacity by 24,000 tonnes")
Germany's Heraeus opens recycling facility for spent reforming catalysts in India
The new site, operated by Ravindra Heraeus (the JV between Ravindra Choksi family and Heraeus), will offer India's petrochemical industry more efficient process to recover precious metals
 "Germany's Heraeus opens recycling facility for spent reforming catalysts in India")
Solvay to set up hydrogen peroxide unit at pulp mill site in Brazil
This is the first agreement that Solvay has signed for its myH2O2 peroxide technology, developed for installation at remote customer premises
 "Solvay to set up hydrogen peroxide unit at pulp mill site in Brazil")
Huntsman to close South African titanium dioxide facility
The closure will increase the competitiveness of its pigments and additives business, which is scheduled for a separation
A Schulman ropes in Snetor Chimie to expand masterbatch business in Africa
The US firm has appointed Snetor Chimie to commercialise its complete range of white, black and coloured masterbatches and additives
 "A Schulman ropes in Snetor Chimie to expand masterbatch business in Africa")
Mitsubishi Gas raises specialty polycarbonate resins capacity
The company will also launch the Iupizeta EP-8000, the specialty polycarbonate resin that delivers the highest refractive index (1.66) for compact high-resolution camera lenses
 "Mitsubishi Gas raises specialty polycarbonate resins capacity")
Govt reduces prices of DAP and MOP fertilisers
MRP of diammonium phosphate (DAP) and muriate of potash (MOP) have been reduced by Rs 2500 and Rs 5000 per metric tonne, respectively
 "Govt reduces prices of DAP and MOP fertilisers")
Evonik acquires Spanish firm Norel's probiotics business
Acquisition will enable Evonik to consolidate its position in the market of probiotics, which are living microorganisms that have a positive effect on the gastro-enteric system of animals
 "Evonik acquires Spanish firm Norel's probiotics business")
Altana acquires Dutch polymer additive maker Addcomp
Acquisition strategically expands Altana's BYK division in the area of polymer additive solutions
 "Altana acquires Dutch polymer additive maker Addcomp")
Jubilant Industries to stop production at SSP plant in Rajasthan
The company has cited unfavourable market conditions as the reasons for temporarily shutting down the single super phosphate (SSP) production from its Kapasan facility
 "Jubilant Industries to stop production at SSP plant in Rajasthan")
Boiler blast at RCF's Mumbai plant kills three
The blast occurred in a boiler, which had been shut down for inspection and maintenance
Arrow Greentech receives Australian patent for water soluble film
The patent, granted for process of manufacturing water soluble film (WSF) system with embedded/entrapped actives, has wide applications in pharma and agrochemicals industries
Pioneer Distilleries plans to restart alcohol plant in Maharashtra by Jan 2017
The molasses-based extra neutral alcohol (MENA) plant with revenue of about Rs 50.28 crore constituted 35 percent of turnover of Pioneer Distilleries during FY 2015-16
Kilburn Engineering bags Rs 27 cr orders for process equipment
It has bagged two orders - worth Rs 25 crores - for exports of fluid bed dryer for PVC and annuli riser skids for onshore shale gas exploration
 "Kilburn Engineering bags Rs 27 cr orders for process equipment")
Black Rose receives environment clearance to expand acrylamide plant
The company will expand acrylamide capacity at its Jhagadia (Gujarat) plant from 10,000 MT to 20,000 MT per year
 "Black Rose receives environment clearance to expand acrylamide plant")
Consortium of Chinese-Malaysian-Indian firms to build fertiliser plant in AP
China Huanqin Contracting, LEPL Ventures and Isomeric Holdings (Malaysia) have signed an agreement to set up the Rs 10,183 cr gas-based fertiliser plant