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11:12 AM, 20th September 2016
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Indian chemical industry for sustainable supply chain with TfS

MUMBAI, INDIA: Industry stalwarts from 19 companies of the Indian chemical industry, today came together for the Together for Sustainability (TfS) summit in Mumbai. Organized at the Grand Hyatt, the summit built awareness around the importance of creating a sustainable supply chain in the chemical Industry, and saw participation from over 500 representatives from suppliers and TfS member companies as well as local and international associations, international audit companies and experts. The att ...

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HIGHLIGHTS


2:23 PM, 13th September 2016
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Merck inaugurates display materials R&D lab in China

SHANGHAI, CHINA: Merck KGaA inaugurated its display materials research and development (R&D) Lab in Shanghai, China. The company invested about €5 million to expand and upgrade its local R&D display materials capacity. The investment is in line with Merck’s strategy to provide local support to its customers in the display industry in China, it said. “We have now realized the plans we announced when we opened our Liquid Crystal Centre China in 2013. We are glad to be par ...

6:10 PM, 9th September 2016
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Asahi Glass acquires German biopharma CMO firm Biomeva

TOKYO, JAPAN: AGC Asahi Glass (AGC) has acquired Biomeva GmbH (Biomeva), one of the leading biopharmaceutical contract manufacturing organisations (CMOs) in Europe, from Biomeva Holding GmbH. With Biomeva now a part of the AGC Group, AGC’s Life Science Business will be offering wider geographic coverage and a wider range of capacities, it said. Based in the Bio Cluster City of Heidelberg, Germany, Biomeva has almost 25 years of experience in providing contract development and manufacturi ...

2:48 PM, 9th September 2016
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Orica names chief commercial officer

MELBOURNE, AUSTRALIA: Orica Ltd made changes to its executive committee team to strengthen its customer focus and global competitiveness. Angus Melbourne is appointed chief commercial officer, effective 1 October, based in Singapore, while Darryl Cuzzubbo is the new group executive and regional president, Australia Pacific & Indonesia, based in Melbourne. Currently Angus Melbourne is the group executive and regional president, Australia Pacific & Indonesia and Darryl Cuzzubbo is vice pr ...

10:29 AM, 9th September 2016
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Borgas to resign as CEO of Israel Chemicals

TEL AVIV, ISRAEL: Israel Chemicals (ICL) chief executive officer Stefan Borgas asked the board of directors to accept his resignation on a date to be agreed upon, the company said in a statement on Thursday night. Chairman Johanan Locker and the board accepted Borgas’ request and will begin a search for a new CEO. “Borgas will be available to the company to transfer his role in a proper way,” the statement said. German-born Borgas, 52, was nominated in September 2012. &ldqu ...

9:40 AM, 8th September 2016
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BASF expands high performance thermoplastics capacity in Korea

YEOSU, KOREA: BASF said it will set up an additional production line for Ultrason® polyarylsulfone at its site in Yeosu, Korea. The new line will start up at the end of 2017, adding a production capacity of 6,000 metric tonnes per year and bringing BASF’s total annual capacity of Ultrason to 24,000 metric tonnes. “With this expansion we respond to global market growth. Our customers worldwide will benefit from BASF’s strong production set-up in two key regions,” said ...

9:29 AM, 7th September 2016
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Fluor completes BASF Petronas’ citral facility in Malaysia

IRVING, US/KUALA LUMPUR, MALAYSIA: Fluor Corporation said it has achieved mechanical completion on a citral facility and associated infrastructure for BASF Petronas Chemicals in Kuantan, Malaysia. As part of the Integrated Aroma Ingredients Complex, Fluor performed front-end engineering and design, engineering, procurement and construction management on the citral facility and its associated infrastructure. The facility will produce citral, among other aroma ingredients, to meet the growing dem ...

5:56 AM, 6th September 2016
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Rosneft, ChemChina to further implement FEPCO project in Russia

MOSCOW, RUSSIA/BEIJING, CHINA: Rosneft and China National Chemical Corporation (ChemChina) have signed a framework agreement for further implementation of the Far-Eastern petrochemical company (FEPCO) project and the establishment of a joint venture (JV). The document was signed by Rosneft CEO Igor Sechin and ChemChina president Ren Jianxin. The document defines the composition of the JV – Rosneft will hold 60 percent, while ChemChina will obtain 40 percent.  It confirms the intentio ...

9:44 AM, 2nd September 2016
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Saudi Aramco, NICDP, ChemChina to explore investment opportunities in Saudi Arabia

BEIJING, CHINA: Saudi Aramco, National Industrial Clusters Development Program (NICDP) and China National Chemical Corporation (ChemChina) signed a memorandum of understanding (Mou) that encourages all parties to seek investment opportunities in the energy and chemical sectors in the Kingdom. The MoU was signed by Amin Nasser, president and CEO of Saudi Aramco; Khalid Al-Salem, president of the NICDP and Yang Xingqiang, president of ChemChina. The agreement sets the stage for NICDP and ChemChi ...

7:57 AM, 31st August 2016
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Mitsui Engineering acquires 100 pc shares in UK’s SCEL

TOKYO JAPAN: Mitsui Engineering & Shipbuilding Co Ltd said that its wholly-owned subsidiary Engineers and Constructors International Inc in Louisiana (US) has acquired of 100 percent outstanding ordinary shares in Simon Carves Engineering Limited (SCEL) located in Manchester (UK) and has been becoming a wholly owned company. SCEL is a multi-disciplinary engineering company with over 100 years of experience in providing design and engineering services to the process and energy industries in ...

7:17 AM, 30th August 2016
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New way to save irrigation water with superabsorbent polymers

SELANGOR, MALAYSIA: Soil conditioners called superabsorbent polymers have the potential to reduce irrigation needs for agricultural crops by storing water and nutrients and then releasing them in drought conditions, according to a recent paper published in the Pertanika Journal of Tropical Agricultural Science (JTAS). Drought is the largest abiotic stress that can reduce crop yields, and its frequency and severity are expected to increase in the face of climate change. Meanwhile, a lack of wate ...

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