1:16 PM, 24th November 2014

Soitec, SK Innovation collaborate for semiconductor materials

SEOUL, SOUTH KOREA/BERNIN, FRANCE: Soitec, a world leader in generating and manufacturing revolutionary semiconductor materials for the electronics and energy industries, and SK Innovation, the leader of Korea’s energy industry for the past five decades and a pioneering company in the fields of energy, lubricants, petrochemicals, organic materials, information electronic materials, and lithium-ion batteries, have signed a collaboration agreement (CA) to establish a strategic alliance focus ...



12:16 PM, 13th October 2014

Nuberg Engineering bags $15 mn chlor alkali contract in Abu Dhabi

NOIDA, INDIA: Nuberg Engineering has been awarded $15 million chlor alkali EPC project by Al Ghaith Industries in Abu Dhabi. The project is for doubling Al Ghaith’s caustic soda production capacity from 140 metric tonne per day to 280 metric tonne per day. Nuberg Engineering is already in the process of commissioning first phase of the EPC project for 140 metric tonne per day capacity, worth $19 million. The new project is going to commence its production in first quarter of 2015 and aims ...

11:06 AM, 7th October 2014

BASF inaugurates chemical complex in Dahej, India

DAHEJ, INDIA: BASF India Limited inaugurated its large-scale chemical production complex at Dahej in Gujarat, India. With a project cost of Rupees 1,000 crore (approximately €150 million), the site represents BASF’s single largest investment in India. The site includes an integrated hub for polyurethane manufacturing and production facilities for care chemicals and polymer dispersions. The care chemicals facility at the Dahej site hosts the first BASF sulfation plant in India, which ...

10:56 AM, 7th October 2014

Mitsui establishes new marketing hub in Korea

TOKYO, JAPAN: Mitsui Chemicals, Inc announced the establishment of Mitsui Chemicals, Inc Korea Branch in Seoul, Korea. Targeting business expansion of the Group’s products, with a focus on functional polymeric materials, the new branch will serve as the marketing hub for the Functional Polymeric Materials’ expansion strategy in the Korean market. The establishment of this new base brings the Mitsui Chemicals Group’s Korean operations to six. Korea is an important market with w ...

11:47 AM, 6th October 2014

Cipla to build manufacturing unit in Iran

NEW DELHI, INDIA: Drug major Cipla has signed an agreement with its Iranian distributor for setting up a manufacturing unit in that country. “The company has signed a definitive agreement with its existing Iranian distributor for setting up a manufacturing facility in Iran,” said Cipla in a statement. “Total contribution from the Indian company over the next three years will include machinery, equipment, technical know-how and is expected to be around 2.25 billion Indian rupee ...

12:06 PM, 30th September 2014

Showa Denko to terminate ethyl acetate production in Indonesia

TOKYO, JAPAN: Showa Denko has decided to dissolve its consolidated subsidiary PT Showa Esterindo Indonesia (SEI) and terminate its production of ethyl acetate in Indonesia. In recent years, however, the business environment for SEI has become harder than before because of rises in material prices and expansion of the capacities of neighboring countries to supply ethyl acetate. Under these circumstances, SDK and its partners have concluded, after deliberation, that it is difficult to continue SEI ...

11:28 AM, 29th September 2014

ITRI grants technology license to Mitsui to enhance lithium-ion battery safety

TOKYO, JAPAN: On 16 September 2014, the Industrial Technology Research Institute of Taiwan (ITRI) signed an exclusive license agreement with Taiwan Mitsui Chemicals Inc, a wholly-owned subsidiary of Mitsui Chemicals, Inc, allowing it to manufacture and distribute ITRI’s STOBA, the world’s only technology to prevent hazardous lithium-ion battery (LIB) thermal runaway which can lead to explosions and fires. ITRI, Taiwan’s largest and leading R&D institution, developed this g ...

11:08 AM, 29th September 2014

Toray completes construction of carbon fiber raw material plant

TOKYO, JAPAN: Toray Carbon Fibers Europe SA, subsidiary of Toray Industries Inc, completed the construction of the new carbon fiber raw material (precursor) plant at Toray’s Lacq plant, France. The completed precursor plant is part of Toray Group’s investment plan announced in March 2012 to expand carbon fiber production capacity at its four global production sites in Japan, US, France and South Korea. The new plant is the third precursor production base at the Group following Japan ...

5:16 AM, 24th September 2014

India successfully completes Mars Orbiter mission

BANGALORE, INDIA: Indian Space Research Organisation’s (ISRO) Mars Orbiter Insertion is a resounding success, making India the first country to be successful on its maiden Mars mission. Nicknamed ‘Mangalyaan,’ the success of the Mars Orbiter Mission (MOM) will boost India’s five-decade-old space programme. Mangalyaan aims to study Mars’ surface and mineral composition, and scan its atmosphere for methane, a chemical strongly tied to life on Earth. The Mangalyaan Or ...

12:20 PM, 23rd September 2014

Clariant opens laboratories in Malaysia

SINGAPORE: Clariant, a world leader in specialty chemicals announced the inauguration of its new Malaysian laboratories for Oil Services and Pigments businesses. The new lab facilities are located in Shah Alam, Malaysia and the opening of the lab facilities signifies Clariant’s commitment to providing innovative technologies and products that respond to the needs of customers both locally and regionally. The facility includes state-of-the-art equipment, featuring standard and manual testi ...

11:03 AM, 22nd September 2014

Rashtriya Chemicals and Fertilizers to set up fertilizer plant in Iran

MUMBAI, INDIA: Rashtriya Chemicals and Fertilizers Ltd (RCF) is scouting for opportunities abroad, including a joint venture to set up fertilizer plant in Iran. With this project, RCF and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) seek to tap cheaper gas offered by Iran to produce the farm nutrient and ship it to India. The project is expected to materialize after sanctions against Iran are lifted. RCF is also exploring possibilities of entering into long-term offtake agreemen ...

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