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7:42 AM, 21st September 2017
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ISRO, NASA team finds presence of aerosol over Asia

BENGALURU, INDIA: A combined study by the Indian Space Research Organisation (ISRO) and NASA have found a layer of aerosol, sub-micron size particles suspended in air, over the Asian region. The pollutant which was found after the study examined into satellite images, confirming the existence of the sub-micron size particle. Aerosol is produced from a variety of man-made and natural processes such as vehicle exhaust, waste-burning, windblown dust, volcanic eruptions and etc. Accordi ...

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6:15 AM, 21st August 2017
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Rosneft completes acquisition of 49 pc stake in Essar Oil

MOSCOW, RUSSIA/VADINAR, INDIA: Rosneft has successfully completed the acquisition of 49.13 percent shares of Essar Oil Limited (EOL) from Essar Energy Holdings Limited (EOL) and its affiliates. An investment consortium comprising Swiss commodity trading firm Trafigura and Russian private fund United Capital Partners (UCP) has also announced the closure of their acquisition of a separate 49.13 percent share of EOL. The closing of the acquisition enables Rosneft to enter one of the world’s ...

7:39 AM, 19th August 2017
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Stockton inks biofungicide distribution agreement with Syngenta Australia

PETACH TIKVA, ISRAEL: The Stockton Group (STK), a leading company in the development and marketing of botanical-based solutions for food protection, has signed a commercialization and distribution agreement with Syngenta Australia (Syngenta). The agreement grants Syngenta the exclusive right to distribute STK's Timorex Gold biofungicide for application in edible crops in Australia and New Zealand. Timorex Gold will be manufactured and supplied by STK and marketed and distri ...

5:29 AM, 17th August 2017
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Rockman to set up INR 540 cr die-casting plant in Andhra

AMARAVATI, INDIA: Rockman Industries Ltd, an auto components manufacturer said that it will set up an aluminium die-casting plant in Chittoor district of Andhra Pradesh with an investment of Rs 540 crore. Andhra Pradesh chief minister N Chandrababu Naidu has accepted their proposal. The proposed investment will be made over six years, generating 1,600 direct jobs. Veerappan, director of Rockman Industries, met Naidu in the presence of Andhra Pradesh economic development board (APEDB) CEO Jaast ...

11:35 AM, 16th August 2017
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Global BioLife, Chemia to develop functional fragrances for medical applications

SINGAPORE: Singapore eDevelopment Limited (SeD) said that its indirect subsidiary, Global BioLife Inc (Global BioLife) will collaborate with US-based Chemia Corporation (Chemia) to develop specialised fragrances to counter mosquito-borne diseases and stress and anxiety, and for anti-viral medical applications. 3F (functional fragrance formulation) is a suite of functional fragrances developed for industrial and medical applications. The first product in 3F’s suite of functional fragrances ...

11:02 AM, 16th August 2017
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Clough AMEC bags services contract for Yara’s ammonia plants

PERTH, AUSTRALIA: Clough AMEC, a 50/50 joint venture between Clough Ltd and Amec Foster Wheeler has been awarded a five-year contract (with an option to extend for a further five years) to provide maintenance services to Norwegian company, Yara International ASA. Clough AMEC will provide maintenance services to Yara’s existing liquid ammonia plant (Yara Pilbara ammonia plant) and to the world’s first technical ammonium nitrate (TAN) manufacturing plant (TAN plant) on the Burrup Peni ...

6:35 AM, 16th August 2017
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Toray to invest INR 1000 cr in textiles manufacturing unit in India

AMARAVATI, INDIA: Toray Industries Inc said that it will invest Rs 1,000 crore for the manufacture of technical textiles in Andhra Pradesh (AP). AP chief minister N Chandrababu Naidu has approved the project, which will come up in Sri City, a special economic zone in Chittoor district. The plant will be the largest among Japanese units in Sri City. The project, the foundation stone for which will be laid next year, will provide direct employment to more than 100 people and indirect employment ...

5:54 AM, 10th August 2017
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Ineos Styrolution to expand styrenic polymers capacity in India

SINGAPORE: Ineos Styrolution has announced plans to increase its compounding capacity for engineering plastics by an additional 34,000 metric tonnes per annum at its Moxi plant located in Gujarat, India. Expected for completion in 2019, this expansion will grow Ineos Styrolution’s compounding capacity to 100,000 metric tonnes per annum at the site. This expansion will involve a capital expenditure of $20 million (INR 1300 million), which also includes the upgrading of site infrastructure. ...

9:53 AM, 5th August 2017
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IndianOil to buy 50 pc stake in Adani-GSPC LNG terminal

NEW DELHI, INDIA: Indian Oil Corporation (IndianOil) said that its board has given its in-principle approval for acquiring up to 50 percent equity in GSPL LNG terminal in Gujarat. GSPL LNG Ltd is a joint venture between Gujarat State Petroleum Corporation (GSPC, a govt of Gujarat undertaking) and Adani Enterprises Ltd (AEL). GSPL LNG is setting up a 5 million metric tonnes per annum (mmtpa) LNG terminal at Mundra Port in Gujarat. The liquefied natural gas (LNG) terminal, to be commissioned in ...

9:28 AM, 4th August 2017
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Nuberg bags hydrogen peroxide turnkey project in Egypt

NOIDA, INDIA: Nuberg has been awarded a contract by El Nasr Co for Intermediate Chemicals (NCIC) for technology, engineering and construction of hydrogen peroxide plant in Giza, Egypt. The €15 million turnkey project will manufacture hydrogen peroxide of technical, chemical and food grade with production capacity of 70 tonnes per day (50 percent H2O2). Nuberg's scope of services includes technology, process know-how, basic and detailed engineering, project management, supply and supervisio ...

11:18 AM, 1st August 2017
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Supreme Court bans use of 5 toxic chemicals in fireworks

NEW DELHI, INDIA: The Supreme Court of India has banned fireworks manufacturers from using five dangerous chemical substances that stir up air and noise pollution, an order that is likely to mean firecrackers with reduced sound and light effects this Diwali. The substances barred are lithium, antimony, mercury, arsenic and lead. Lithium is a metal used to impart red colour to fireworks, while antimony is used to create glitter effects. Lead oxide provides a special crackling eff ...

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