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5:59 AM, 23rd March 2017
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India aims for more sustainability in chemical exports

MUMBAI, INDIA: Sustained by the export growth of over 17 percent year over year (YoY), the Ministry of Commerce and Industry in India is encouraging a wider basket of exportable goods. At Cap India 2017, a joint platform by four export promotion councils, CHEMEXCIL, PLEXCONCIL, CAPEXIL AND SHAFEXIL, over 200 buyers from 36 countries are talking to nearly 400 Indian exporters for products like chemicals including organic & inorganic chemicals, agrochemicals, dyestuff, cosmetics, toiletries, ...

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5:55 AM, 14th February 2017
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Chandra Asri supplies polypropylene resins for Toyota

JAKARTA, INDONESIA: Polypropylene impact copolymer resins which are produced by PT Chandra Asri Petrochemical Tbk, Indonesia's largest integrated petrochemical company, meets the specifications defined by PT Toyota Motor Manufacturing Indonesia (TMMIN) to be used as raw material for the manufacturing of car components for Toyota Vios and Yaris. This success is a major breakthrough for Indonesia petrochemical industry in entering the automotive component sector that applies international standar ...

11:32 AM, 6th February 2017
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Herbal medicines contain toxic chemicals: Study

ADELAIDE, AUSTRALIA: The misunderstanding that herbal medicines are 'safe' because they are derived from natural materials and have been in use for thousands of years could see people unknowingly putting their health at risk, said University of Adelaide researchers. Researchers have highlighted a range of issues relating to the preparation of complementary medicines (including herbal products) and their use. The researchers found that some traditional herbal preparations contain toxic chemicals ...

11:33 AM, 3rd February 2017
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Budget 2017 implications for the Indian chemical industry

NEW DELHI, INDIA: Chemical industry is one the most significant segment of the Indian economy, which is valued to contribute around 3 percent of the country's GDP. With the introduction of the Union Budget 2017, Finance Minister Arun Jaitley laid down new amendments including new income tax rules, actions on black money and push towards a digital economy. Sectors like information technology hardware, capital goods, defence production, textiles, mineral fuels and mineral ...

6:55 AM, 1st February 2017
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Shell sells its Thailand subsidiaries for $900 million

BANGKOK, THAILAND: Shell has reached an agreement with KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), for the sale of its subsidiary companies Shell Integrated Gas Thailand Pte Limited and Thai Energy Co Limited. Together these subsidiary companies hold a 22.222 percent equity stake held in the Bongkot field, and adjoining acreage offshore Thailand consisting of Blocks 15, 16 and 17 and block G12/48, for $900 million. Shell’s ...

11:30 AM, 25th January 2017
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BioAmber increases previously announced public offering to $17.5 mn

MONTREAL, CANADA: BioAmber Inc said that due to strong demand, the underwriters have agreed to increase the size of the offering by 75 percent and purchase 3,684,212 shares of common stock of the company, together with warrants to purchase 1,842,106 shares of common stock of the company with an exercise price of $5.50 per share, at a price to the public of $4.75 per share and associated warrant. The warrants have a term of four years, exercisable upon the date of issuan ...

11:46 AM, 24th January 2017
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BASF enters Indian crop protection market; launches its fungicides

NEW DELHI, INDIA: For the first time, BASF has launched its crop protection solutions for rice in India. With these solutions, the rice farmers in our country will be able to boost productivity and income. Rice is India’s most important food crop, with an estimate of more than 100 million metric tonnes produced per year. Moreover, India is a substantial exporter of rice to the global market, exporting over 10 million metric tonnes per year (estimated) with significant opportunities t ...

11:30 AM, 23rd January 2017
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Researchers achieve major breakthrough in flexible electronics

SINGAPORE: Semiconductors, which are the very basic components of electronic devices, have improved our lives in many ways. They can be found in lighting, displays, solar modules and microprocessors that are installed in almost all modern-day devices, from mobile phones, washing machines, and cars, to the emerging Internet of Things. To innovate devices with better functionality and energy efficiency, researchers are constantly looking for better ways to make them, in particular from earth-abund ...

7:56 AM, 23rd January 2017
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Solvay, Marubeni, Ansaldo to invest in new energy efficiency project

BRUSSELS, BELGIUM/ GENOVA, ITALY/ TOKYO, JAPAN: Solvay SA announced the formation of a joint venture with Marubeni Europe plc (Marubeni) and Ansaldo Energia to invest in an energy efficiency project at Solvay’s facility in Rosignano, Italy.  The three partners will finance and operate a new state-of-the-art gas turbine sized 180MW and a repowered plant with a total capacity of 350MW of electrical power and total steam production capacity of 410t/h. This project will allow the plant t ...

7:53 AM, 19th January 2017
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Sabic’s polycarbonate resins used in new-generation MPVs

SITTARD, THE NETHERLANDS: SAIC General Motors (SGM) has launched in China its new-generation Buick GL8 and GL8 Avenir luxury multi-purpose vehicles (MPVs), which sport the world’s largest polycarbonate (PC) rear quarter window, moulded from Sabic’s LEXAN resin. The new rear quarter window is 40 percent (3kg) lighter and significantly more impact resistant than a comparable glass window. The PC window also features design elements that cannot be achieved with glass, contributing to t ...

5:58 AM, 19th January 2017
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AkzoNobel opens new powder coatings facility in China

CHENGDU, CHINA: AkzoNobel NV has officially opened its €11 million powder coatings facility in Chengdu, western China. The new site will help to meet growing demand in the region and supply customers with a full range of powder products for the automotive, construction, furniture and IT industries. The company now operates six powder coatings sites in the China region, while a seventh – the biggest powder coatings plant in the world – is currently being constructed in Changzhou ...

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