Chemical Business Newsbase articles from September 2005

Chemical Business Newsbase archives from September 2005

Sectoral observations (plastics). [6 tables, 1 figure].
September 30, 2005... (From Chemical Business NewsBase - Macplas) Assocomaplast gives an insight into the plastics sector by means of a series of tables and figures from various sources. Tables give information on: the movement in orders and prices in Italy...

World view (plastics). [1 table].
September 30, 2005... (From Chemical Business NewsBase - Macplas) A table gives world predictions for performance in the plastics sector. This is derived from the 3-monthly meeting of CIPAD (Council of International Plastics Association Directors). The table...

PET recycling in Italy.
September 30, 2005... (From Chemical Business NewsBase - Macplas) In Europe consumption of recycled PET in 2003 reached 361,000 tonnes made up of 254,000 tonnes fibre, 28,000 tonnes strips, 27,000 tonnes sheets. 40,000 tonnes containers, 6000 tonnes moulded...

Coromandel Fertilisers, GSFC to buy 46% in Tunisian company.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Coromandel Fertilisers is collaborating with the Gujarat State Fertiliser Corp (GSFC) to buy a stake in Groupe Chimique Tunisien (GCT) of Tunisia to ensure consistent supply of...

Dr Reddy's, Malladi get private equity fund boost.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Dr Reddy's Laboratories and ICICI Venture Funds Management have reached a $56 M deal to develop and commercialise generic drugs filed in the USA from 2004-2006. The deal may...

Glenmark may get $30 M for 2nd milestone.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Glenmark Pharmaceuticals is set to receive a second milestone payment of $30 M before the end of FY 2005 in connection with the approval granted by the US Food and Drug...

IPCL net climbs 83% to Rup 2250 M in quarter ended 30 Jun 2005.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Indian Petrochemicals Corp's (IPCL) net profit rose 83% to Rup 2250 M in the quarter ended 30 Jun 2005 from Rup 1230 M in the same period in 2004. Turnover rose 10.36% to Rup...

Lupin 1Q ended 30 Jun 2005 net jumps 109%.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Drug maker Lupin of Mumbai posted a 109% rise in net profit to Rup 432 M in 1Q ended 30 Jun 2005 from Rup 206 M in the same period in 2004. The company's sales revenue for the...

Paradeep Phosphates net loss down at Rup 150.8 M in FY 2004-05..
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Paradeep Phosphates' net loss declined 38% to Rup 150.8 M in FY 2004-05 from Rup 384.7 M in 2003-04. The fertilizer producer's turnover rose to more than 16,080 M, while...

Impact of Hurricane Katrina on the US petrochemicals a CMR Inc analysis.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Damage caused by Hurricane Katrina in the US Gulf Coast extended to the chemical industry as the region is home to several refineries and petrochemical facilities. The...

Ciba to set up two units for exports.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Ciba Speciality Chemicals (India) will set up a Rup 500 M facility in Goa for the production of speciality effects chemicals as well as a Rup 700 M production facility in...

Sigma to buy Arrow for $605 M.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Drug maker Sigma Co Ltd of Australia intends to acquire Arrow Pharmaceuticals Ltd for $605 M (A$806 M). The acquisition would provide Sigma with access to a pipeline of...

The Spanish government postpones banning the sale of super grade petrol until 2009.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) The Spanish government has completed legislation that prohibits the sale of super grade petrol from 2009, three years later than originally expected. The 97-octane grade of petrol replaced the...

Repsol YPF plans to invest $1250 M in Trinidad and Tobago between 2005 and 2009. [1 figure].
September 30, 2005... (From Chemical Business NewsBase - Oilgas) Repsol YPF's strategic plan for 2005-2009 involves consolidating the company's leading position in LNG in the Atlantic basin and maintaining its solid position in Trinidad and Tobago. Repsol YPF...

Good petrochemical derivatives results for Cepsa for 1H 2005.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) Cepsa's petrochemicals derivatives activities for 1H 2005 have generated similar or greater sales than for 1H 2004, although the company has had to deal with the negative effects of increased raw...

Dragados, in a consortium to build a refinery in Iran.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) A consortium, formed by Dragados, the UK company Costain and the Iranian companies Sazeh and Jahanpars, has won a contract for the construction of a $2200 M refinery in Iran. The facility will be...

Foster Wheeler Iberia wins contract for delayed coking complex in Chile.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) Foster Wheeler Iberia has been awarded a contract for a new delayed coking complex in Chile, for ENAP's Aconcagua Refinery. The facilities will utilise Foster Wheeler's SYDEC technology and the...

Interquisa to participate in the construction of a petrochemical plant in Lithuania.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) Interquisa and the Lithuanian subsidiary of Holding Petrochimique are to build a new purified terephthalic acid (PTA) plant in Klaipeda, Lithuania. The 600,000 tonne/y facility will cost EUR 250...

Cepsa to invest EUR 600 M in a hydrocracker in Huelva.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) Cepsa is planning to install a 3.5 M tonne/y hydrocracker and associated hydrogen plant at its refinery in Huelva, Spain. The project will cost EUR 600 M and start-up is expected at the end of...

BP to construct delayed coking plant at its Castellon refinery in Spain.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) Foster Wheeler USA Corp has been awarded a contract by BP Oil for a delayed coking plant for its Castellon refinery in Spain. The 20,000 bbl/day facility will utilise Foster Wheeler's SYDEC...

Dow Chemical to build a speciality plastics plant in Tarragona, Spain.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) In a EUR 204 M project, Dow Chemical Iberica plans to build a new speciality plastics plant in Tarragona, Spain. Start-up is expected during 2Q-3Q 2006.

Petroleum products consumption in Spain, May 2005 and Jan-May 2005. [1 table].
September 30, 2005... (From Chemical Business NewsBase - Oilgas) During May 2005, petroleum products consumption in Spain amounted to 5.959 M tonnes, 3.0% higher than for May 2004. Kerosene consumption rose by 10.5% to 429,000 tonnes, whilst LPG consumption...

Petrol and diesel sales in Spain, May 2005 and Jan-May 2005. [1 table].
September 30, 2005... (From Chemical Business NewsBase - Oilgas) During May 2005, petrol sales in Spain amounted to 618,000 tonnes, 1.4% less than for May 2004. Diesel sales rose to 2.733 M tonnes (+7.5%). For the period Jan-May 2005, petrol sales fell by...

Spain's external trading of petroleum products, May 2005 and Jan-May 2005. [1 table].
September 30, 2005... (From Chemical Business NewsBase - Oilgas) During May 2005, Spain imported 2.024 M tonnes of petroleum products, 7.3% more than for May 2004. Exports were 2.7% higher, at 793,000 tonnes. For the period Jan-May 2005, imports amounted to...

Spanish gas companies' LNG plants: construction and expansions.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) Information is presented regarding LNG plants and projects owned by or involving Spanish gas companies. The data given include plant capacities, facility location and project status, investment...

Grupo Repol distributes NycoFlex.
September 30, 2005... (From Chemical Business NewsBase - Oilgas) NycoFlex PA6 offers elevated strength and flexibility, as well as excellent impact resistance, even at low temperatures. The material minimises faults or failures due to repeated compression or...

Cepsa's net profit for 1H 2005. [1 table].
September 30, 2005... (From Chemical Business NewsBase - Oilgas) During 1H 2005, Cepsa's Ebitda rose to EUR 885 M, 44% higher than for 1H 2004. Operating income rose by 53% to EUR 722 M. Profits before tax amounted to EUR 721 M (+48%) whilst net profits...

Elder Pharmaceuticals 1Q ended Jun 2005 net up Rup 70.2 M.
September 30, 2005... (From Chemical Business NewsBase - Chemical Business (India)) Elder Pharmaceuticals' net profit rose to 70.2 M in 1Q ended Jun 2005 from Rup 53.7 M in the same period in 2004. Income from operations reached Rup 906.4 M in the period under...

Huhtamaki to expand flexible packaging capacity in Asia.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Huhtamaki of Finland is investing EUR 20 M ($24.7 M) for the expansion of its Asian flexible packaging operations. The expansion includes a new facility in India that will supply premium...

Borouge to raise polyolefin production.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Borouge intends to spend over $2.5 bn to boost the production capacity of the company's enhanced polyolefins (polyethylene and polypropylene) to 2 M tonnes/y. Foster Wheeler received the...

Ube Industries to set up technical centre in Thailand.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Ube Industries revealed its plans to build a technical facility in Thailand to develop the company's nylon products. Ube's subsidiary, Ube Nylon (Thailand), runs a plant in Rayong Province...

Vimal Plastics uses Eastman's glass polymer resin for cosmetic packaging.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Vimal Plastics of India has selected the Glass Polymer, the co-polyester resin of Eastman Chemical, to provide extrusion blow-moulded bottles for the packaging of Lotus Herbal's Rose...

Degussa plans China facility.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Degussa revealed plans to establish a plant in China to produce standard monomer methyl methacrylate (MMA) and other methacrylate specialities. The plant is slated to come online in 2008...

Basell's technology selected for two more Lupotech T plants in Asia.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Basell's Lupotech T technology will be used for the planned LDPE plant of PTT Polyethylene Company (PTTPE) in Thailand as well as Kurdestan Petrochemical Company's proposed plant in Iran....

Fortron expands US PPS plant.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Fortron Industries plans to invest EUR 53 M ($65.6 M) for the expansion of its engineering polymer polyphenylene sulfide (PPS) plant in Wilmington, NC, bringing capacity to 15,000 tonnes/y...

Accelerating innovations in automotive plastics.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) DuPont's Zytel HTN polyamide resins were used in making the first water jacket spacer worldwide, a component of the engine cylinder block of Toyota's Zero Crown luxury car. The Zytel HTN...

Opel Zafira roof modules coloured using GE's Lexan SLX film.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) Opel has chosen Lexan SLX film by GE Advanced Materials as a substitute for traditional paint for the roof module of Opel's new Zafira compact van. A long fibre-injected polyurethane...

Advanced PP grades for thermoforming.
September 30, 2005... (From Chemical Business NewsBase - Plastics News) ExxonMobil Chemical has launched ExxonMobil PP5122E1, a grade of clarified PP, as