India/Pakistan (1073)

INDIA/PAKISTAN

Jubilant and Syngenta Sign Pyridines Supply Deal
Jubilant Organosys has signed a multimillion-dollar, long-term agreement to supply pyridines to Syngenta....

Report: EU lets antidumping duties lapse on PET from 5 Asian countries, renews antisubsidy duty on PET from India
The European Union decided during a plenary session at Strasbourg, France, to let lapse a set of antidumping duties on polyethylene terephthalate (PET), imposed in 2000 on product imported from India, Indonesia, Malaysia, Taiwan, and Thailand, according to a...

Kingfa to buy majority stake in Indian auto-compounds maker Hydro S&S
Kingfa Sci & Tech (Guangzhou, China) has entered into an agreement to buy a majority stake in Hydro S&S Industries (Chennai, India), the companies tell the Bombay Stock Exchange. The acquisition of a 66.5% stake will cost 106.4 million Indian rupees...

India cuts phosphate and potash subsidies
India is cutting subsidies on phosphate and potash fertilizers in the fiscal year that began on 1 April in an effort to reduce its fiscal deficit. The Indian government announced recently that the subsidy on diammonium phosphate (DAP) had been cut by 14% from...

New Valvoline plant in India
Ashland says its Valvoline Cummins (Gurgaon, India) joint venture has opened a manufacturing and packaging plant in the Ambernath industrial area, near Mumbai. The $30-million facility will produce Valvoline-branded automotive lubricants for the consumer...

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