Page 25 - Chemicals

Mitsui Chemicals to expand premium high performance nonwoven facilities

The augmentation of Sunrex facilities, when completed in November 2017, will bring Mitsui Chemicals global production capacity to 115,000 tonnes per annum

Evonik buys US-based biotech firm Transferra Nanosciences

Acquisition will expand portfolio of Evonik's healthcare business line with liposomal formulation technologies for parenteral drugs

Vikas EcoTech starts work on PVC stabiliser plant in Dahej

To be built with Rs 30 crore investment, the facility will house an innovation center and manufacturing plant for organotin stabilisers and specialty polymer compounds

Somani Group eyes to buy stake in German specialty chemicals maker SKW

The group has submitted a non-binding letter-of-intent to become a shareholder in SKW Stahl-Metallurgi, which is presently planning for a financial restructuring

Indian Potash to procure 7 lakh tonne potash from Belarus

Belarusian Potash will start the shipment of the product at $ 227 per tonne on a cost and freight (CFR) basis from July 1, 2016

Clariant buys Carboflex's stake to takeover Brazilian consortium

The acquisition will help Clariant's oil and mining services business unit to further expand its offshore offering

Air Liquide sells US assets to Matheson in connection with Airgas acquisition

The company has divested eighteen air separation units; two nitrous oxide facilities; four liquid carbon dioxide facilities; and three Airgas retail packaged welding gas stores in Alaska

Covestro to expand MDI capacity at German site

The production capacity at the Brunsbuttel site will be roughly doubled to a total of approximately 400,000 metric tonnes of MDI (diphenylmethane diisocyanate) per year

GSFC to shutdown ammonia plant for 9 days

During the period, the Urea-I plant will also remain closed, while Urea-II plant will continue to run on low load

Henkel acquires Sun Products for $ 3.6 bn from Vestar Capital Partners

With the acquisition, Henkel will advance to second position in the laundry care market in North America

Global enzymes market to reach $7.2 billion in 2020: Report

While demand for enzymes used in research, biotech and diagnostics is like to post strong gains, the fastest growth will be seen for biocatalysts, particularly used in pharma, says Freedonia report

Evonik becomes first firm to produce biosurfactants on industrial scale

The company uses biotech methods to produce surfactants - key components of modern shampoos, shower gels, and household cleansers - targeted at home and personal care market

Wacker to expand silicone sealants and specialty silicones capacity in South Korea

The new production site for silicone sealants, encapsulants, thermal interface materials and liquid silicone rubber is expected to go on-stream in the first quarter of 2018

Covestro uses CO2 to make plastics on industrial scale

The company has opened a plant in Dormagen (Germany) that uses carbon dioxide (CO2) as a raw material instead of crude oil to produce polyols, which are used in polyurethane foam

Lanxess India wins the TRILA award for rubber chemicals

The award recognises the robust growth registered by the business line Anti-Oxidants & Accelerators (AXX) under Advanced Industrial Intermediates (AII) business unit (BU)

Sanmar selects Jacobs to build PVC plant in Egypt

Jacobs to provide detailed engineering and procurement assistance services to TCI Sanmar Chemical for expanding the PVC capacity from 200,000 TPA to 400,000 TPA in Egypt

Reliance-IIP jointly develop technology for benzene extraction from FCC light naphtha

Using this technology, refiners can reduce the benzene content in their gasoline to meet regulatory requirements

Asian Paints revises plans for proposed Vizag plant

The company has decided to revise its plans of setting up of the plant with a maximum capacity of 500,000 kiloliters per annum

IOCL, OIL and Bharat PetroResources buys 24% stake in Russian oilfield

Three Indian firms have acquired 24% stake in JSC Vankorneft, in which ONGC Videsh already has 15% stake and that owns Vankor field, from Russia's Rosneft

Tata Chemicals suspends di-ammonium phosphate production at Haldia

The company will continue to supply di-ammonium phosphate (DAP) to its customer from the inventory in hand and imports