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Keeping up with the times

Chemical companies are constantly adapting to external challenges and this is clearly evident in a comparison of the ICIS listing of top chemical companies in 2008 and 1998. Three companies that figured in the top 10 list for 1998 have disappeared – ICI, Hoechst and Rhone Poulenc – as a result of mergers and acquisitions […]

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Going green

Green chemistry is gaining ground in India with alert companies following the global trend to make products from renewable feedstocks, reduce waste and energy consumption. Pradip Kadakia, Abhishek Nigam and Ashwin Rao of Tata Strategic Management Group (TSMG) say that Indian chemical companies are making good progress in lowering the industry’s environmental footprint by adopting […]

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Chem engineers return to the fold

The economic crisis has led to one favourable result for the chemical industry. After years of seeing graduate chemical engineers migrate to more lucrative sectors such as IT or finance the chemical industry is now proving to be attractive. I recently had an opportunity to meet Professor GD Yadav of Mumbai’s Institute of Chemical Technology […]

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Empty promises

The 100-day fever is fast spreading and the Ministry of Chemicals & Fertilisers is the latest casualty. A very bland press release outlining what the ministry plans to achieve over the next three months has come my way. I started reading the release with a great deal of scepticism and was convinced at the end […]

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Silicone story

I was at a Dow Corning press conference yesterday for the launch of an expanded Xiameter platform in India, another step in its effort to tackle commoditisation of the silicones business. The no-frills Xiameter, a web-based ordering service, was launched a few years back as customers had become familiar with silicone products and were no […]

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More changes at Jubilant?

Jubilant Organosys appears to be taking one more step in transforming itself into a pharmaceutical company. The company is looking at selling its industrial and performance products division and expects to realise Rs3.0-3.5bn from the sale, says this report in today’s Economic Times. There was no official confirmation on this from the company. The division, […]

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Students still love IT

Indian information technology (IT) companies may no longer be queuing up at campuses for fresh graduates but engineering students continue to rank this sector above all others, according to the latest Nielsen Campus Track T-Schools study. Chemicals, not surprisingly, does not figure on the list although oil and gas was seen as the ‘industry of […]

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Will a new broom sweep clean?

It is good to be back to some good news. The election is finally over and the UPA has been voted back to power with promises of stability and more reforms. But the chemicals industry will have to deal with a new minister as Ram Vilas Paswan was not be voted back to parliament. This […]

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Reason to cheer

This post is for all my Indian friends who still have their jobs. ECA International expects India to see an average salary increase of around 10.8% this year, down from the double-digit growth seen in the last few years but still the highest in Asia Pacific. The average pay hike for the region is expected […]

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Confronting China

It’s the turn of the Confederation of Indian Industry (CII) to highlight the threat of cheap Chinese imports. “The threat of dumping of cheap Chinese products in India is real and serious,” says Venu Srinivasan, the new president of the CII. This is something that’s been worrying many Indian companies for a while now. If […]

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