Chemical Business Newsbase articles from April 2005

Chemical Business Newsbase archives from April 2005

Statistical jumble.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) The production of major chemicals in India during 2003-2004 has grown by 6.8%, according to a local survey. The whole chemical industry, meanwhile, posted a 6.6% growth rate...

The outlook for Middle East polyolefins. [10 figures].
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) The Middle East in the last 25 years has seen great progress in its petrochemical industry, covering a diverse range of commodity products and processes. The region, which...

Fertiliser industry unable to tie up phosphoric acid supplies.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) India is facing a shortage phosphoric acid supply in FY 2005-2006, as the government has not devised a new programme yet for the calculation of subsidy on phosphatic...

Hikal eyes China buyouts.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Hikal Ltd, which started as an agro-chemical manufacturer and diversified into the pharmaceutical business, is pursuing negotiations over possible strategic tie-ups with two or...

Asian MTBE prices hit $600/tonne.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Methyl tertiary butyl ether (MTBE) prices in Asia climbed to $600/tonne as the market in Apr 2005 was sold out as a result of heavy maintenance work. Petronas of Malaysia sold...

Indian petrochemical industry. [2 figures].
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) The petrochemical industry in India is growing at the rate of 14%-15%. Consumption of synthetic fibres, commodity plastics and elastomers are estimated at 1.6 M tonnes, 3 M...

Dishman to acquire UK firm.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Dishman Pharmaceuticals and Chemicals Ltd of Ahmedabad is poised to buy a contract research and manufacturing firm in the UK. The company is to negotiate and finalise the...

Jubilant plans to list US firm.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Jubilant Organosys is considering taking its recent acquisition in the USA public through an initial public offering (IPO). The company had signed an agreement to buy a 75%...

Shasun, Glenmark ink generics JV.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Glenmark Pharmaceuticals and Shasun Chemicals & Drugs have formed an agreement to jointly develop, file and market 12 generic pharmaceutical products for the US market. The...

Removal of dumping duty on chemical imports mooted.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) The discontinuation of the definite anti-dumping duty on imported hydroxyl amine sulfate (HAS) from the European Union, US and Japan, has been recommended by the designated...

IPCL 4Q ended 31 Mar 2005 net more than triples.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Indian Petrochemicals Corp Ltd (IPCL) had a 289% increase in net profit for 4Q ended 31 Mar 2005. Increased product prices driven by higher demand account for most of the...

Uhde supplies second electrolysis plant to Norsk Hydro in Norway.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Oslo based Norsk Hydro has awarded Uhde in Feb 2005 a second turnkey contract for the construction of a chloralkali electrolysis facility at Rafnes, some 100 km south-west of...

World lubricants demand to exceed 39 M tonnes in 2008. [1 figure].
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Worldwide demand for lubricants is projected to rise 2.2%/y to 39.3 M tonnes in 2008 to $36 bn. Health advances in developing countries in Latin America, Asia and Eastern...

New Molykote food grade extra pressure bearing greases meet FDA, H1 requirements.
April 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Dow Corning's new high-performance Molykote food grade white extra pressure bearing greases has received quality approval, meeting the requirements FDA Regulations 21 CFR...