Page 28 - Chemicals

OPaL inches closer to commissioning $4.5 bn petrochemical project in Dahej

The company is setting up a grass root mega petrochemical project at Dahej (Gujarat) as a part of the Petroleum, Chemicals and Petrochemical Investment Region (PCPIR)

Bayer offers to acquire Monsanto for $ 62 billion

The combination will create a leading integrated agriculture business with broad product portfolio and exceptional R&D pipeline to deliver innovative solutions for farmers

NIBE to buy LSB Industries' Climate Control Business for $ 364 mn

The transaction to provide LSB with improved capital structure and greater financial flexibility to drive growth and enhance reliability and profitability of its chemical business

Honeywell to spin off resins and chemicals business

The new company, to be named AdvanSix, will be one of the leading manufacturers of Nylon 6 resin, caprolactam, and other chemical intermediates

Companies have to take proactive steps to optimise water usage: Sudhir Shenoy

In this interview, Sudhir Shenoy, country manager, Dow India, discusses water crisis facing the manufacturing sector and probable solution to mitigate this challenges

Satish Rao to head Firmenich operations in India

He joins Swiss fragrance and flavour major Firmenich from the US-based McCormick & Company, where he was vice president (emerging markets)

Silicone specialist Dow Corning opens building solutions centre in New Delhi

Specialists at this new centre will collaborate with construction industry professionals, providing project support, technical training and skill-building workshop

Ineos sells expandable polystyrene business to Synthos for Euro 80 mn

The agreement to sell Ineos Styrenics to Synthos represents an important step in the ongoing development of the EPS business

DyStar buys specialty chemical businesses from Emerald Performance Materials

In a separate transaction, DyStar will sell Emerald's polymer additives and nitriles businesses to Sinochem subsidiary. As a result, DyStar will retain the specialties businesses

Solvay sells stake in Solvay Indupa to Brazil's Unipar Carbocloro

Divestment of Indupa follows Solvay's exit from its European PVC joint venture as Solvay is transforming into a specialty chemicals group

Tata Chemicals selects Metso to upgrade soda ash plant in US

As per the contract with Tata Chemicals (Soda Ash) Partners, Metso will repair, rebuild, and service existing pyro-processing equipment and systems in its Green River (USA) operation

Chemicals stocks surge; Sudarshan Chemical, Camphor & Allied soar over 10%

AksharChem, Sunshield Chemicals, Camex, Kiri Ind, Vidhi Dyestuffs and Thirumalai Chem were up more than 10% each.