Ineos Technologies has been selected to provide process technologies for a previously announced multi-billion dollar petrochemical complex planned by ONGC Petro-Additions (Opal) at the Dahej Special Economic Zone of Petroleum, Chemical, and Petrochemical...
The chemical M&A market is set to "improve substantially" this year, according to Peter Young, president of Young & Partners (Y&P; New York), a boutique investment bank. "We hit a trough in volume in the first quarter of 2009, and a...
DIC Corp. reported a net profit of ¥2.3 billion ($25.5 million) for the third quarter ended December 31, 2009, compared with a net loss of ¥900 million in the year-ago period. Sales decreased by...
Kuraray reported a 25% decrease in net profits, for the nine months ended December 31, 2009, to ¥12 billion ($133 million), compared with the year-ago period. Sales decreased by 20%, to ¥243 billion...
Asahi Kasei reported an 18% decline in net profits, to ¥20.6 billion ($229 million), for the nine months ended December 31, 2009, compared to the year-ago period, Sales decreased by 16%, to ¥1.02 trillion, mainly due to lower market prices in the...
DuPont says it plans to expand the DuPont Knowledge Center at Hyderabad, India. The company will add research & development (R&D) capabilities to support local customer needs for businesses...
The duties are provisional and may become permanent in six months' time....
Sumitomo Chemical recorded a 62% rise in net profits for the nine-months ended December 31, 2009, to about ¥1.2 billion ($13.5 million), compared with the year-ago period, mainly due to an improvement in foreign currency exchange losses and gains from the...
Water treatment solutions company H2O Innovation (Quebec City, Canada) and Chembond Chemicals (Mumbai), a manufacturer of specialty chemicals, say they have executed a joint venture agreement to create H2O Innovation India (Mumbai). H2O...
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