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News articles |
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Our selection of news articles is intended to
provide additional insight into the
development of the Industrial Chemicals industry in emerging
economies. |
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2008-09-23 |
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China: Oxea to build amines plant in China
jointly with the Chengxing Group |
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The global chemical company Oxea and
the Chinese listed Chengxing Group are to form a joint venture for
the production of amines and other chemicals. The new plant will
primarily serve Oxea's customers in China and Asia, but will also
cater to the global markets. |
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MarketWatch |
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2008-09-15 |
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China: An analysis of China's phosphorus
chemical industry |
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China has gradually become a large
nation of phosphorus chemical production. After 1990s, phosphorus
chemical production developed rapidly in phosphorus ore
resource-rich areas such as Sichuan, Hubei, Yunnan and Guizhou
provinces. Today, the annual production capacity of phosphorus fine
chemical products is over 6 million tons. |
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MarketWatch |
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2008-09-11 |
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India: Punjab Chemicals scouts for new
acquisition in Europe and USA |
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Keen on expanding globally,
agrochemicals firm Punjab Chemicals and Crop Protection Ltd on
Thursday said it was scouting for acquisitions in the US and Europe
to grow its overseas turnover to Rs 300 crore this fiscal. According
to Avtar Singh, Director Operations and Business Development, "We
are looking at 3 to 4 agrochemicals companies based at USA and
Europe for the purpose of acquisition by way of studying their
product portfolios and number of registration these companies are
having for their products. However, it is at preliminary stage". |
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The Economic Times |
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2008-08-11 |
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Over the past decade, many chemicals
factories in India have closed down, as they were unable to compete
with imports from China. But during the Olympics, factories around
Beijing have been shut in an effort to cut pollution. That has led to
a shortage of raw materials, which has pushed up prices everywhere.
For drugs manufacturers, this feels like a perfect storm since their
margins were already squeezed by the cost of oil and the
rising value of the Chinese currency. |
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BBC |
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2008-07-24 |
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India: GACL ventures with Dow Chemicals |
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Gujarat Alkaslies and Chemicals
Limited (GACL) has formed joint venture with Dow Chemicals, a US
based multinational company, for setting up a Rs 600 crore plant at
Dahej. This plant, GACL's first venture with a multinational company
will produce two lakh tonnes chlormathan group of chemicals per
annum. |
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Business Standard |
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2008-07-07 |
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Thailand: SCG Chemicals ups sales projection
for 2008 |
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Thailand's SCG Chemicals, a major
petrochemical producer in Asia-Pacific region, expects its sales
revenue to further rise by 25% in 2008 and that too after lowering
the ethylene cracker production by 10%. Ethylene production was cut
back to balance the impact of soaring feedstock prices. |
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plastemart.com |
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2008-06-06 |
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India: Tata Chemicals opens Sodium Bicarbonate
facility in Netherlands |
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Tata Chemicals Ltd, world’s second
largest producer of Soda Ash, has announced the opening of a new
hi-tech Sodium Bicarbonate plant adjacent to its Brunner Mond
facility in Delfzijl. The €15m plant ― the first of its kind in the
Netherlands ― takes the company’s global production of sodium
bicarbonate to 200,000 tonnes per year. |
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IndiaInfoline.com |
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2008-05-30 |
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India: Emergence of India as a plastics
superpower |
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Indian industry is gearing up to meet
the challenges of competition, particularly with China in the east.
The difference of Indian and Chinese industries is in terms of
capacity. |
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The Economic Times |
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2008-05-28 |
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Shell is optimistic on Asia-Pacific region |
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Asia Pacific is the
most exciting region for petrochemicals, according to Shell
Chemicals Executive Vice President Ben van Beurden. Driven by rapid
economic growth in very populous countries ― primarily China, but
increasingly in India too ― petrochemicals demand is soaring, making
the region the focus for new capacity investments. |
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fibre2fashion.com |
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2008-05-12 |
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India: Chemicals industry offers excellent
investment opportunities |
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Despite the
strong performance, the valuations of the chemicals industry
continue to remain reasonable, which offers scope for investment in
this sector. |
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The Economic Times |
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2008-04-15 |
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India: Niche research strengths drive
specialty chemicals |
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Of the chemical industry's diverse
segments, Indian players have a special attraction for
specialty chemicals. These are high-value added chemicals, produced
in smaller quantities, and used in industries ranging from
pharmaceuticals to plastics. Therefore, capital outlay is smaller
and entry barriers relatively lower. |
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expresspharmaonline.com |
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2008-03-31 |
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India: Right colours? |
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Kiri Dyes and Chemicals, a
manufacturer of dyes, dye intermediates and chemicals, is planning
to integrate backwards by manufacturing basic chemicals---sulphuric
acid, oleum and chlorosulphonic acid. |
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Business Standard |
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2008-03-27 |
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Morocco to increase supply of rock phosphate
and phosphoric acid |
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Morocco will significantly enhance the
supply of rock phosphate and phosphoric acid to India required for
manufacture of DAP and other complex fertilizers. |
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PIB |
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2008-03-25 |
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India: Tata Chemicals to set up soda ash plant
in Tanzania |
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Tata Chemicals will be setting up
a USD 500 million soda ash manufacturing plant in Tanzania. |
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Sify |
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2008-03-19 |
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UAE: IPIC and Borealis to develop chemicals
complex |
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Abu Dhabi government-owned IPIC has
signed a memorandum of understanding with Austrian subsidiary
Borealis to develop a chemicals complex in the United Arab Emirates. |
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Reuters.com |
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2008-02-26 |
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China may cut export rebates for polluting
chemicals |
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China's environmental watchdog
proposed halting export-tax rebates for polluting chemicals to deter
manufacturers from industries that damage the environment. |
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Bloomberg.com |
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2008-02-14 |
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Global chemical supply markets getting more
complex |
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An increasing flow of commodity and
specialty chemicals from China, India, the Middle East and Eastern
Europe have chemical buyers participating in a more complex global
supply chain. |
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Purchasing.com |
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2008-02-01 |
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India: Tata in $1bn deal for soda ash unit |
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Tata Group has launched India’s
biggest takeover this year with the $1bn agreed acquisition of
US-based soda ash producer General Chemical Industrial Products. |
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FT.com |
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2008-01-18 |
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The Gulf is set to
take a leading role in the global petrochemical industry. In 2007,
more than 10 million tonnes of ethylene was produced in 2007, or
nine per cent of global production. This figure is expected to hit
15 per cent in 2020. Saudi Arabia leads with seven million tonnes. |
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gulfnews.com |
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