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• 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

• Essar inches ahead

  Essar's petrochemical plans are slowly taking shape with the company having identified technologies for its cracker and polyolefin units at Jamnagar, Gujarat. ICIS news reported last week that the cracker would be set up in technical collaboration... Posted Aug 25 2008, 01:21 PM by India Chemicals Blog Filed under: Companies, Refining, Petrochemicals, cracker, refinery, polyethylene, PP, jamnagar, Essar

• 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

• 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 - 6,000 tonnes/month... Posted Aug 12 2008, 11:41 AM by India Chemicals Blog Filed under: China, polyester, Companies, Petrochemicals, Asia, Mitsubishi Chemical, PTA

• 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

• Ready for rubber

  Indian Oil Corp (IOC) recent financial woes do not appear to have dampened its interest in petrochemicals. After pushing back plans for a paraxylene (PX), polypropylene (PP) and styrene plants downstream of a proposed refinery at Paradip, it is interesting... Posted Aug 01 2008, 08:56 AM by India Chemicals Blog Filed under: Companies, Refining, Petrochemicals, SBR, cracker, IOC, refinery, Paradip, PP, Panipat, PX

• 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

• Bus travel boosts crude supply for petchems

  "Why haven't you written about the joys of travelling by bus?" Julia our resident 4x4 driver asks me as I am putting on my shades and heading out into the late afternoon sunshine to hang out at the local bus stop. It's true that in the... Posted Jul 28 2008, 01:57 PM by ICIS Chemicals Confidential Filed under: chemicals, business travel, Petrochemicals, gasoline, energy, crude, buses, public transport

• JK wants to sell acrylic fibre. Any takers?

  JK Synthetics is once again scouting for a buyer for its 18,000 tonnes/year acrylic fibre plant in Jhalawar, Rajasthan, according to this report in the Economic Times. I doubt if the company is going to be successful. JK was declared "sick"... Posted Jul 24 2008, 08:20 AM by India Chemicals Blog Filed under: Companies, Petrochemicals, Reliance Industries, Arfat Petrochemicals, Consolidated Fibres, JK Synthetics, IPCL, acrylic fibre

• 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

• Reliance for carbon fibre?

  Reliance Industries is reported be looking at sourcing technology from India's National Aersospace Laboratories (NAL) to build a 4000 tonnes/year carbon fibre plant at Vadodara. NAL had set up a 20 tonnes/year plant in Bangalore in 2006 with the material... Posted Jul 15 2008, 12:03 PM by India Chemicals Blog Filed under: Companies, Petrochemicals, Reliance Industries, Speciality Chemicals, Boeing, Demand Drivers, Airbus, Teijin, National Aerospace Laboratories, carbon fibre, PAN, Toho Tenax, Toray

• 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