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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...

Published 16 Jun 2009 14:36 by India Chemicals Blog

Filed under: pharmaceuticals, Companies, Fine Chemicals, Speciality Chemicals, CRAMS, Jubilant Organosys, fertiliser, adhesives, acetyls, agrochemicals, animal nutrition
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,...

Published 11 Jun 2009 0:08 by India Chemicals Blog

Filed under: Oil, chemicals, Companies, Fine Chemicals, engineers, Refining, salary, Petrochemicals, Speciality Chemicals, gas, economy, chemical engineers
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...

Published 27 May 2009 8:23 by India Chemicals Blog

Filed under: chemicals, Fine Chemicals, Petrochemicals, Government Policy, Speciality Chemicals, Cuddalore, PCPIR, fertilizers, election, Tamil Nadu, Madurai, DMK, Azahgiri, minister, UPA
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...

Published 8 Apr 2009 13:48 by India Chemicals Blog

Filed under: Companies, Fine Chemicals, Refining, salary, Petrochemicals, Speciality Chemicals, economy, talent, pay
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...

Published 3 Apr 2009 7:00 by India Chemicals Blog

Filed under: China, Companies, Petrochemicals, Government Policy, Speciality Chemicals, economy, Demand Drivers, dumping, imports
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...

Published 17 Mar 2009 4:23 by India Chemicals Blog

Filed under: China, Saudi Arabia, Petrochemicals, Oman, Government Policy, soda ash, Speciality Chemicals, Singapore, economy, PP, dumping, safeguard duty, phthalic anhydride, nylon
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 once...

Published 6 Mar 2009 5:24 by India Chemicals Blog

Filed under: China, Companies, Petrochemicals, Government Policy, Speciality Chemicals, economy, naphtha, subsidy
Fading prospects for dyes and textiles

Yet another sector is suffering from of the global economic turmoil. The export-dependent dyestuff industry is projecting nil growth this year, down from 20% in 2008, says this report . Export orders have fallen by 50% in the last four months for this...

Published 19 Jan 2009 10:30 by India Chemicals Blog

Filed under: exports, Companies, Petrochemicals, Speciality Chemicals, economy, dyes, Demand Drivers, textile
New year ushers in new problems

December closed with ominous signs for the industry. Dow Chemical's proposed commodity petrochemicals joint venture with Petrochemical Industries Co (PIC) was scrapped after strong protests f rom Kuwaiti opposition leaders who believed that the deal...

Published 5 Jan 2009 10:26 by India Chemicals Blog

Filed under: Dow Chemical, Companies, Qatar, Petrochemicals, ONGC, GAIL, Speciality Chemicals, Kuwait, PIC, economy, LyondellBasell, Qatar Petroleum, Honam Petrochemical
Looking beyond today's crisis

It has been a few weeks since my last post and market conditions have only worsened. The business outlook has grown bleaker as recession looms over much of the developed world and GDP growth rates in China and India have been trimmed. Chemical companies...

Published 24 Nov 2008 7:32 by India Chemicals Blog

Filed under: Companies, Speciality Chemicals, economy, coatings, Akzo Nobel, steel aluminium
No immunity from credit crisis

There is no way that Indian chemical companies can escape from the global financial crisis. Tough times lie ahead as companies will be hit on all fronts - high cost of credit, falling demand as the global economy slows down and increased supply once new...

Published 10 Oct 2008 6:26 by India Chemicals Blog

Filed under: Companies, Fine Chemicals, Petrochemicals, Speciality Chemicals, economy, benzene, ethylene, base oils, credit crisis
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...

Published 29 Aug 2008 13:07 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...

Published 20 Aug 2008 13:16 by India Chemicals Blog

Filed under: Dow Chemical, Companies, Petrochemicals, GACL, Dahej, Government Policy, Speciality Chemicals, Bhopal, chloromethanes, Gujarat
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...

Published 30 Jul 2008 11:13 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...

Published 16 Jul 2008 8:34 by India Chemicals Blog

Filed under: US, China, exports, salary, Petrochemicals, Government Policy, Speciality Chemicals, economy, Demand Drivers, labour, clothing, manpower, textile

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