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Chemicals & Plastics

To invest Rs.1,000 crore in expanding caustic soda and new chlorine products. Grasim Industries, an Aditya Birla group company, expects to generate additional revenues of about Rs.1,200 crore per annum with its plan to invest Rs.1,000 crore in expanding caustic soda and new chlorine value-added products. Sushil Agarwal, Director and Group CFO, said the brownfield […]

A year after partnering American furniture brand Ashley, Deepak Fertilisers and Petrochemicals Corporation has relaunched its retail campus Ishanya under a new brand, Creaticity. The Pune-based 10-acre campus is designed around creative living theme. It aims to transform traditional retail spaces into a destination for all by hosting home city, food city, sports city, art […]

Tata Chemicals Ltd., the country’s leading producer of soda ash and sodium bicarbonate, announced the launch of Medikarb – India’s first branded pharmaceutical grade sodium bicarbonate for pharma API and formulation manufacturing. Medikarb will be manufactured in state of the art FDA certified facilities that are compliant with GMP standards to ensure the highest quality […]

During the second India-Korea Business Summit 2018, the government of Odisha pitched Korea for investment in Paradip Petroleum Chemicals and Petrochemicals Investment Region (PCPIR). PCPIR is being developed near Paradip Port and will provide a conducive business environment, promoting and attracting exclusive investments in the petroleum, chemicals, petrochemicals and allied sectors. Project will see an […]

Kumar Mangalam Birla-led Grasim Industries is planning to invest more than $1 billion in capacity expansion of its viscose and chemicals businesses. “The investments will help the company to scale up its viscose capacity by 58% to 788 ktpa (kilo tonne per annum) and chemicals capacity to 1.14 mtpa (million tonne from annum) from 854 […]

Chemical manufacturing company Clariant in India inaugurated its new healthcare packaging plant in Cuddalore today. Ketan Premani, India Head of Business Unit – Medical Specialties, said in a press release that the greenfield plant is the first and so far the only ISO-8 clean room facility in emerging markets. “The facility will offer Desiccants (a […]

Board of Directors of NOCIL at its meeting held on 20 December 2017 has approved an in-principle CAPEX proposal of Rs.168 crore – Phase 2 for expansion of its production facilities for rubber chemicals at Dahej / Navi Mumbai. The said investment is expected to be maintain the asset turnover ration of 2:1. The said […]

Kian Chemicals has set up a new H-acid unit with a capacity of 100 tpm at Ambaji RIICO Industrial Area, Abu road in Sirohi district of Rajasthan. Project, entailing an investment of Rs.47.50 crore, also includes a vinyl sulphone unit with a capacity of 100 tpm.Project is spread over 1,400 sq mtr. Most Read In […]

DCM Shriram will invest Rs. 838 crore for expansion of its sugar and chemical business, according to the companys quarterly report. Already, the company is implementing projects involving investments of Rs.350 crore for setting up of a distillery and aluminium chloride units besides expansion of its chlor-alkali unit. These will be commissioned in the second […]