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• Dow forced to halt work at Chakan

  In yet another blow to Dow Chemical's plans for India the company has had to halt work on its new R&D centre at Chakan , near Pune, following instructions from the Maharashtra chief minister. The government's directive was aimed at appeasing... Posted Oct 01 2008, 08:15 AM by India Chemicals Blog Filed under: India, R&D, Dow Chemical, Companies, Government Policy, Chakan

• Reliance pumps oil

  It is finally here. After years of waiting and rumours of delays Reliance Industries has finally started pumping oil from its massive KG-D6 block of the Krishna Godavari basin. Initially about 5,000 bbls/day of crude is being pumped out although the plan... Posted Sep 22 2008, 09:57 AM by India Chemicals Blog Filed under: Oil, Companies, Refining, Petrochemicals, Reliance Industries, Government Policy, gas, refinery, Vishakhapatnam, jamnagar

• Will new biofuels policy create more problems?

  The Indian cabinet has approved a national biofuel policy that is likely set a higher blending target. Details of the policy have not been announced but it has been reported that the government will mandate 20% ethanol or biodiesel blended petrol by 2017... Posted Sep 12 2008, 12:20 PM by India Chemicals Blog Filed under: ethanol, biofuels, Biodiesel, Jatropha, Government Policy, economy

• Singur saga spells trouble for India investments

  I have yet to meet anyone who has not expressed disappointment at the drama unfolding outside Tata Motor's Nano plant site in Singur at West Bengal. They also concur that the episode will have serious implications for large investments in India. Violent... Posted Sep 05 2008, 12:54 PM by India Chemicals Blog Filed under: Companies, Refining, Petrochemicals, Government Policy, Tata, PCPIR, Singur, SEZ

• FTA woes

  India and Asean are all set to implement an FTA (free trade agreement) from 1 January 2008. Both sides completed six years of negotiations yesterday and a final agreement is due to be signed in December this year. Over 400 products are on the sensitive... Posted Aug 29 2008, 01:07 PM by India Chemicals Blog Filed under: Fine Chemicals, Petrochemicals, Government Policy, Speciality Chemicals, FTA, PE, economy, PP, GCC, Asean

• Dow jv hits a roadblock

  India's Foreign Investment Promotion Board (FIPB) has deferred making a decision on a proposed chloromethanes joint venture between a subsidiary of Dow Chemical and Gujarat Alkalies and Chemicals Ltd (GACL) as the government would like more time 'to... Posted Aug 20 2008, 01:16 PM by India Chemicals Blog Filed under: Dow Chemical, Companies, Petrochemicals, GACL, Dahej, Government Policy, Speciality Chemicals, Bhopal, chloromethanes, Gujarat

• The going gets tougher

  There are more signs of an economic slowdown in India. Industrial growth in the first quarter of fiscal 2008-09 dipped to 5.2% , down from 10.3% in the previous year and a result of high interest rates and input costs plus the weaknesses in the global... Posted Aug 13 2008, 10:26 AM by India Chemicals Blog Filed under: Government Policy

• Can export ban curb inflation?

  The Indian government's war on inflation appears to be making its way to the world of chemicals as a proposal to ban exports of soda ash and trim excise duties on major petrochemical inputs is being considered. Soda ash prices have spiralled this... Posted Aug 05 2008, 12:35 PM by India Chemicals Blog Filed under: exports, Petrochemicals, Government Policy, soda ash, economy

• Time to wake up to climate change

  India is known to move slowly. So it is perhaps not surprising to read that most local companies have yet to formulate strategies to face the challenge of climate change. KPMG recently released a report on a study carried out earlier this year to understand... Posted Jul 30 2008, 11:13 AM by India Chemicals Blog Filed under: Companies, Fine Chemicals, Refining, Petrochemicals, Government Policy, Speciality Chemicals, climate change, economy, kpmg, carbon footprint

• Change is in the air

  Chinks 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 states that the country... Posted Jul 16 2008, 08:34 AM by India Chemicals Blog Filed under: US, China, exports, salary, Petrochemicals, Government Policy, Speciality Chemicals, economy, Demand Drivers, labour, clothing, manpower, textile

• Two steps forward, one step back

  It is difficult to imagine this happening in any other country except India. After lobbying hard with the central government to secure the right to develop a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Mangalore, the Karnataka... Posted Jul 03 2008, 11:11 AM by India Chemicals Blog Filed under: Companies, Refining, Petrochemicals, Government Policy, Mangalore, PCPIR, Karnataka

• Kakinada update

  ONGC has decided to exit from the Kakinada refinery and petrochemicals project. But the project is alive as the GMR group remains interested. I think ONGC made the right decision. It will be interesting to see if GMR will be able to improve the project's... Posted Jun 26 2008, 05:03 AM by India Chemicals Blog Filed under: Companies, Refining, Petrochemicals, Government Policy, refinery, Kakinada, GMR

• Kakinada attracts GMR

  Oil and Natural Gas Corp's (ONGC) Kakinada project continues to attract investors despite questions about its viability . The GMR group is the latest and is reported to have formally expressed interest in taking a stake in the refinery and petrochemical... Posted Jun 23 2008, 08:22 AM by India Chemicals Blog Filed under: Companies, Refining, Petrochemicals, ONGC, Government Policy, refinery, Kakinada, GMR, Andhra Pradesh

• Watch Out!

  It is time for the Indian chemical industry to wake up to the threat of increased flow of downstream chemicals from the Middle East. Countries such as Saudi Arabia are aggressively pushing for the development of a petrochemicals industry that goes beyond... Posted Jun 19 2008, 08:13 AM by India Chemicals Blog Filed under: Companies, Fine Chemicals, Middle East, Petrochemicals, SBR, Government Policy, Speciality Chemicals, Olefins, propylene oxide, MMA, EPDM, polycarboante, epoxy resisn, amines, glycol ether, acetic acid, GCC, polyurethane, MEG, PMMA, acrylic acid

• Paradip update

  I had written about a delay in Indian Oil Corp's (IOC) paraxylene (PX), polypropylene (PP) and styrene projects at Paradip because of rising costs and financial constraints. But a company source tells me that a final decision on the timing of these... Posted Jun 13 2008, 03:02 PM by India Chemicals Blog Filed under: Companies, Refining, Petrochemicals, cracker, Government Policy, IOC, paraxylene, Paradip, PP, styrene