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May 31, 2011
Valley Holdings (East Hanover, NJ), a wholly owned subsidiary of Tata Chemicals, says it has acquired a 32.9% stake in potash firm EPM Mining Ventures (Toronto) on an undiluted basis...
http://www.chemweek.com/regions/india_pakistan/Tata-Acquires-Stake-in-Toronto-Potash-Firm_35199.html
May 31, 2011
Chemtura has signed a letter of intent with Archean Group (Chennai, India) to form a strategic alliance in bromine and brominated derivatives. “The addition of a strategic supply...
http://www.chemweek.com/regions/india_pakistan/Chemtura-Inks-Bromine-Deal-in-India_35120.html
May 31, 2011
The Brahmaputra Cracker and Polymer Ltd. (BCPL) project at Lepetkata in the state of Assam, India is expected to be onstream in July 2013, press reports say. The complex had previously...
http://www.chemweek.com/regions/india_pakistan/Completion-of-Indian-Cracker-Is-Delayed-Until-2013_35053.html
May 31, 2011
Yara International says that the construction of the previously announced 330,000-m.t./year technical ammonium nitrate (TAN) plant at the Burrup Peninsula in Western Australia has been...
http://www.chemweek.com/regions/india_pakistan/Yaras-TAN-Project-in-Australia-Delayed_35174.html
May 30, 2011
Generic and specialty pharmaceutical company Mylan (Canonsburg, PA) says it plans to rebrand its Matrix Laboratories (Hyderabad, India) subsidiary as Mylan. Matrix is one of the...
http://www.chemweek.com/regions/india_pakistan/Mylan-to-Rebrand-Indian-API-Subsidiary_35165.html
May 27, 2011
Toyo Engineering (Narashino, Japan) says its Toyo Engineering India (Mumbai) subsidiary has been awarded a contract by Indian Synthetic Rubber Limited (ISRL) to build a previously...
http://www.chemweek.com/regions/india_pakistan/Toyo-Engineering-Awarded-Contract-to-Build-SBR-Plant-in-India_35115.html
May 26, 2011
ONGC Petro-Additions (Opal; Mumbai) has switched technology and engineering services providers for its previously announced dedicated high-density polyethylene (HDPE) plant at Dahej...
http://www.chemweek.com/regions/india_pakistan/Opal-Switches-High-Density-Polyethylene-Licensors-and-Contractors_35058.html
May 25, 2011
Tata Chemicals (Mumbai) recorded an 8% rise in net profits for the fiscal year ended March 31, 2011 to Rs6.53 billion ($145 million), compared with the previous fiscal year. Sales...
http://www.chemweek.com/regions/india_pakistan/Tata-Chemicals-Reports-Rise-in-Profits-and-Sales_34983.html
May 23, 2011
The European Commission has decided to impose provisional antidumping duties on European Union (EU) imports of certain fatty alcohols and their blends originating in India, Indonesia...
http://www.chemweek.com/regions/india_pakistan/EU-Imposes-Antidumping-Duties-on-Some-Fatty-Alcohols-Imports_34999.html
May 12, 2011
Brahmaputra Cracker and Polymer Ltd. (BCPL) at Lepetkata in the state of Assam, India, is expected to come onstream in July 2013, reports say. It was earlier expected to become...
http://www.chemweek.com/regions/india_pakistan/Indian-Petchem-Complex-to-Be-Completed-in-2013_34793.html
May 12, 2011
The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim; Oslo) has launched charges against Yara International for...
http://www.chemweek.com/regions/india_pakistan/Yara-Suspected-of-Corruption-in-India_34791.html
May 5, 2011
Reliance Industries (RIL) says it plans to invest between $10 billion-$12 billion in chemicals over the next five years. Mukesh Ambani, chairman of RIL, in a wide-ranging inverview...
http://www.chemweek.com/regions/india_pakistan/Reliance-to-Invest-$12-billion-in-Value-Added-Chemicals-in-the-Next-Five-Years_34582.html
May 4, 2011
Editor's note: This is our new round-up of major financial and economic news that affects the chemical industry. If you have any questions, comments, suggestions or tips please email...
http://www.chemweek.com/regions/india_pakistan/Chemical-Finance-Digest-April-25-29_34546.html
May 3, 2011
Orica (Melbourne) recorded a 5% rise in net profits before individually material items, for the fiscal first half ended March 31, 2011, to A$264 million ($285 million), compared with...
http://www.chemweek.com/regions/india_pakistan/Orica-Reports-Rise-in-Profits-and-Sales_34521.html
April 29, 2011
AkzoNobel says it will seek agreement from the board of shareholders of ICI Pakistan Limited to separate the company's paints and chemicals business. AkzoNobel plans to retain direct...
http://www.chemweek.com/regions/india_pakistan/AkzoNobel-to-Sell-Most-of-ICI-Pakistan-Retain-Paints-Business_34462.html
April 27, 2011
Perstorp (Perstorp, Sweden) says it has opened a new feed additive production plant at the company’s site at Vapi, India. Opening a production location in Asia is part of...
http://www.chemweek.com/regions/india_pakistan/Perstorp-Opens-Feed-Additives-Plant-in-India_34402.html
April 21, 2011
Reliance Industries says net profits for its fiscal fourth quarter ended March 31, 2011 increased 14% compared with the same period of the previous year, to about Rs53.7 billion ($1.2...
http://www.chemweek.com/regions/india_pakistan/Reliance-Industries-Reports-Rise-in-Profits-and-Sales_34302.html
April 18, 2011
Hikma Pharmaceuticals (London) says it has agreed to acquire a minority interest in privately held Unimark Remedies (Mumbai), a manufacturer of active pharmaceutical ingredients (API)...
http://www.chemweek.com/regions/india_pakistan/Hikma-Acquires-Stake-in-Indian-API-Firm_34242.html
April 18, 2011
The Aditya Birla Group (Mumbai) says it has acquired Domsjö Fabriker (Örnsköldsvik, Sweden), a specialty pulp and biorefinery company, for $340 million from a Swedish...
http://www.chemweek.com/regions/india_pakistan/Aditya-Birla-Acquires-Swedish-Specialty-Pulp-and-Biorefinery-Company-for-$340-Million_34241.html
April 17, 2011
Aditya Birla Chemicals (Rehla, India), part of the Aditya Birla Group (Mumbai) says its board of directors has approved the acquisition of the Chloro Chemicals division of Kanoria...
http://www.chemweek.com/regions/india_pakistan/Aditya-Birla-to-Buy-Chloro-Chemicals-Division-of-Kanoria-for-$187-Million_34213.html
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