Entries from India Chemicals Blog tagged with 'China'
Solar support
The good things in life are rarely free and that applies to solar power too. An analysis on this sector in ICIS chemical business highlights how high investment costs associated with photovoltaic (PV) cells has prevented the technology from being...
Make way for 'Chindonesia'
China, India and Indonesia are powering Asia's economic recovery this year prompting one economist to club the three to form Asia's "next growth triangle". A recent report by CLSA, titled Chindonesia: Enter the Komodo, estimates that the three countries will...
Potash market power
Have Indian fertiliser companies been able to break a stranglehold that major producers have on the global potash market? Indian papers are full of reports on how Indian companies have succeeded in doing this by securing a contract price of...
Stimulus planned for textiles
India's synthetic fibre and fibre intermediate produces will be happy to know that the textile industry is likely to soon receive a number of incentives from the government. A stimulus package, due to be announced next month, would include subsidies...
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...
Self-preservation first
India is aggressively moving to protect domestic companies with more news trickling in on safeguard and antidumping duties. The government is planning to initiate safeguard duty investigations on Chinese imports of 12-13 products from the chemicals and base metals sector,...
Let's talk about demand
The Indian government is reportedly planning a stimulus package for chemicals. But I don't think this can be called a stimulus package as the proposals seem to be mainly about tariff reduction. The department of chemicals and petrochemicals is...
Getting off the starting block
So the government has finally approved three Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs). Now comes the difficult part. Who is going to undertake mega investments at a time at a time when the global economic outlook is uncertain, demand...
Lobbying for protection
Protecting local companies during these difficult times is back on the Indian government's agenda. Antidumping investigations are on the rise with companies working hard to prove that low priced imports are hurting their businesses. The government recently decided to extend...
So what if India is No2 PTA importer?
Just as India's Olympic gold medal win yesterday poses no threat to China so does the news that India has become the second largest PTA importer in Asia. Indian imports of this fibre intermediate have steadily grown to about 5,000...
Change is in the air
Cracks in the Chinese textile and clothing export machine have started showing with shipments to the US in the first quarter of this year declining by nearly 10% from the same period in 2007. A new report from Textiles Intelligence...
Phosphorus chems in a pickle
Indian chemical companies relying on China for phosphorus are a worried lot. Supplies from China have been erratic for over a year but the Chinese government's decision to raise export tax for phosphorus from 20% to 120% promises to compound...
Will Gujarat gain from Beijing clean up?
China’s move to clean up Beijing ahead of the Olympics is likely to have far reaching repercussions for the Indian chemicals industry. ICIS news reported today that the Chinese government was regulating the production and sale of more than 257...
R&D: India needs to do more
India is seeing a rapid growth in the outsourced R&D business but the country still trails behind China and much of the developed world in this sector. This was evident in the numbers presented by the science and technology minister...
Anyone for plastics paradise?
In its quest for value addition, Saudi Arabia is aggressively marketing itself as an investment destination for the plastics industry. And processors from India are being wooed to set up shop in the Kingdom. A delegation of Indian processors, just...
China's loss could be India's gain
A few days back I had referred to China’s quality-related problems and whether this would turn out to be an opportunity for Indian exporters. I believed at that time that it would take a few more months for the opportunity...
Toying with trouble
India these days is not too slow to catch up with the rest of the world. The toy recall by US-based Mattel has prompted a Mumbai-based Consumer Welfare Association to file a public interest litigation asking for the ban on...
Can exports drive chemicals demand?
It is encouraging to read that Samsung Electronics is setting up a major export hub in India. A new plant, its second in India, is being built to produce 1.5m colour TV sets, 200 000 LCD Tvs and 300 000...
China and India call for new strategies
The India vs. China debate has become so boring. China is miles ahead of India when it comes to manufacturing while India leads in services. Companies such as IBM have smartly taken advantage of this situation by shifting manufacturing operations...
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