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Highlights

Massive explosion at GAIL gas pipeline kills eleven

HYDERABAD, INDIA: Eleven persons were burnt alive and 15 suffered burn injuries in a big explosion of a GAIL gas pipeline at Nagaram village in East Godavari district of Andhra Pradesh, India on 27 June 2014. According to IANS reports, eleven people caught in the blaze were burnt alive. Fifteen others were injured and were taken to hospital. Police have confirmed three deaths....

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Praxair to supply industrial gases in China
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Solvay opens research and innovation centre in South Korea

Solvay opens research and innovation centre in South Korea
10:28 AM, 3rd June 2014

BRUSSELS, BELGIUM/SEOUL, SOUTH KOREA: Solvay has opened a new research & innovation (R&I) centre at Ewha Womans University in South Korea, putting the Group in a prime position to work closely with key Asian customers and universities to develop products for the booming battery, electronics and car markets. The R&I centre in Seoul is Solvay’s fourth in Asia and will employ some 60 scientists by the end of 2015. Based at the campus of Ewha, Solvay will have access to a strong n ...

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Kuraray completes acquisition of DuPont’s glass laminating, vinyls business

Kuraray completes acquisition of DuPont’s glass laminating, vinyls business
10:38 AM, 2nd June 2014

TOKYA, JAPAN: Kuraray Co Ltd has completed the acquisition of glass laminating solutions/vinyls (GLS/vinyls), a part of DuPont packaging & industrial polymers, from E.I. do Pont de Nemours and company. The acquisition was announced on 21 November 2013. The impact of this transaction on consolidated results for the fiscal year ending December 2014 is currently under estimation and the figures will be disclosed when the assessment has been completed.   © Worldofchemicals News...

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Sumitomo establishes subsidiary in Tanzania

Sumitomo establishes subsidiary in Tanzania
7:53 AM, 24th May 2014

ARUSHA, TANZANIA: Sumitomo Chemical has established a subsidiary named Sumitomo Chemical East Africa Limited in Arusha, Tanzania, to conduct market surveys and research and development on agricultural chemicals. In Africa, the agricultural market is said to have the potential to exceed one trillion US dollars by 2030 with rising populations. Also, Africa’s uncultivated land suitable for growing food grains is 450 million hectares, accounting for more than half of the world’s total a ...

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Mitsui acquires SunSensors

Mitsui acquires SunSensors
6:20 AM, 21st May 2014

TOKYO, JAPAN: Mitsui Chemicals Inc announced the acquisition of Corning Incorporated’s SunSensors operations on 15 May 2014. Through the acquisition, Mitsui Chemicals moves to bolster its world-class ophthalmic lens material business while breaking into the rapidly growing global photochromic lens market. The company will aggressively develop and sell competitive new photochromic lens materials. Mitsui Chemicals offers high to low refractive index ophthalmic lens material and coatings to ...

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Sinopec, Sibur sign strategic cooperation agreement

Sinopec, Sibur sign strategic cooperation agreement
9:11 AM, 20th May 2014

SHANGHAI, CHINA: China Petrochemical Corporation (Sinopec), a major global energy and chemicals company, and Sibur, a leading Russian gas processing and petrochemicals company, entered into a strategic cooperation agreement. The arrangement provides for both parties to deepen strategic cooperation. As part of the cooperation, the parties will discuss potential expansion of trading operations and look into collaboration opportunities in gas processing and petrochemicals projects. The parties bel ...

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Evonik opens oil additives technology centre in Tsukuba, Japan

Evonik opens oil additives technology centre in Tsukuba, Japan
12:01 PM, 7th May 2014

TSUKUBA, JAPAN: Evonik opened a new oil additives technology centre at Tsukuba, Japan on 6 May 2014. With the move from its previous location in Osaka, the technology centre has quadrupled in size, signifying Evonik’s growing commitment to its oil additives customer base in Japan and the surrounding region. In addition to the investment at Tsukuba, a major expansion at the company’s Shanghai technology centre is underway and capacity at Evonik’s Singapore oil additives plant w ...

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Toyo bags Petrobras’ ammonia plant contract in Brazil

Toyo bags Petrobras’ ammonia plant contract in Brazil
11:38 AM, 7th May 2014

TOKYO, JAPAN:  Toyo Engineering Corporation, in cooperation with SOG - Oleo e Gas SA, a leading engineering company in Brazil, has been awarded a contract from Petrobras, a Brazilian state-run oil company. The contract involves construction of a new ammonia plant (UFN-5) with a production capacity of 1,500 tonne per day to be installed at Uberaba, Minas Gerais State in southeastern Brazil. The project scope covers licensing, engineering, procurement of equipment and materials, installation, ...

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BASF, Sinopec to build neopentylglycol facility in China

BASF, Sinopec to build neopentylglycol facility in China
9:36 AM, 6th May 2014

LUDWIGSHAFEN, GERMANY/NANJING, CHINA: BASF and Sinopec will build a new world-scale production plant for neopentylglycol at their state-of-the-art Verbund site, BASF-YPC Co Ltd, a 50-50 joint venture in Nanjing, China. The plant, with a total annual capacity of about 40,000 metric tonne is planned to go on stream at the end of 2015. The new neopentylglycol plant will benefit from backward integration into the Nanjing Verbund site, allowing high delivery reliability and maximizing efficient use o ...

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Sun Pharma to close Detroit manufacturing facility

Sun Pharma to close Detroit manufacturing facility
7:35 AM, 3rd May 2014

NEW DELHI, INDIA: Drug major Sun Pharmaceuticals will close  its facility at Detroit, Michigan, US as part of a manufacturing consolidation process in the US. According to Sun Pharma, the Workforce Development Agency for Michigan has been notified about the decision to stop operations and close the Detroit plant, which belongs to subsidiary Caraco Pharmaceutical Laboratories. “The company has provided the requisite advance written notice of the facility closure to the emplo ...

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China imposes temporary anti-dumping duties on tertiary butylhydroquinone imports from India

China imposes temporary anti-dumping duties on tertiary butylhydroquinone imports from India
11:32 AM, 30th April 2014

BEIJING, CHINA: China’s Ministry of Commerce (MOC) announced temporary anti-dumping measures against tertiary butylhydroquinone (TBHQ) imports from India. Importers of Indian TBHQ should submit cash deposits to Chinese customs from 30 April 2014, said the MOC. According to the ministry’s investigations, TBHQ from India has been dumped on the Chinese market and such imports have caused substantial damage to the domestic industry. The MOC launched an anti-dumping probe into imported I ...