Evonik to buy India’s Monarch Catalyst

Evonik Industries AG, Essen (Germany) intends to strengthen its global catalysts business. Recently, Evonik signed an agreement with Monarch Catalyst Pvt. Ltd., Dombivali (India)...

Gulf Petrochem commissions 1,10,000 KL liquid storage terminal in India

Gulf Petrochem Group, a leading player in the global oil industry, commissioned the first phase of its liquid cargo storage terminal with an annual...

“Pharma companies lead 2014 list of Indian firms filing for global patents “

Led by companies such as Ranbaxy, Wockhardt and Hetero, the pharma sector dominates the list of top Indian filers under the Patent Cooperation Treaty...

Navin Fluorine plans world’s largest SF4 fluorination facility

Navin  Fluorine  International (NFIL), one of India's largest speciality fluorochemicals manufacturers, is to spend about $15 million to increase fluorination capacity fivefold at its...

Shell to build biofuels demonstration plant in Bangalore

Shell India Markets (SIMPL) will proceed with the installation of a 5 tpd IH2 technology demonstration plant on the site of SIMPL’s new technology...

Bayer MaterialScience to be rechristened Covestro

Bayer has announced that the new name of its MaterialScience business will be Covestro. It will be effective on September 1, 2015. The name...
Matthias L. Wolfgruber

Matthias L. Wolfgruber voted in as new Chairman of the Supervisory Board of LANXESS...

Dr. Matthias L. Wolfgruber is the new Chairman of the Supervisory Board of LANXESS AG. At its constituent meeting, the Supervisory Board of the...

Berger Paints to set up industrial coatings plant in Russia

Berger Paints India Ltd inked a MoU with the Government of Stavropol Region, Russian Federation, for setting up an industrial coatings plant in the...

L&T may sell off its valves business for $500 million

L&T may be close to selling off its valves business for around $500 million with Finnish firm Metso and US-listed Pentair emerging as frontrunners...

Versalis and Reliance to market styrene-butadiene rubber in China

Versalis Pacific Trading (Shanghai), a subsidiary of Italian energy major Versalis (Eni), signed a styrene-butadiene rubber (SBR) sales agreement with India's Reliance Industries to...

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