ICIS Blogs : companies

PP anti dumping duty shocks

India Chemicals Blog — Wed, 17 Jun 2009 13:33:06 GMT

Anti-dumping duty (ADD) on polypropylene (PP) imports from Singapore, Saudi Arabia and Oman has finally been announced . And the high level of duties, which are company specific and range from $44.40/tonne to $1,033.65/tonne, has upset many processors...(read more)

More changes at Jubilant?

India Chemicals Blog — Tue, 16 Jun 2009 13:36:51 GMT

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...(read more)

Ouch! That hurts

India Chemicals Blog — Mon, 15 Jun 2009 12:44:06 GMT

I have been hearing that the Indian government will soon announce preliminary antidumping duty (ADD) on polypropylene (PP) imports from Saudi Arabia, Singapore and Oman. A few lucky producers/exporters have escaped but there are many who face a stiff...(read more)

Students still love IT

India Chemicals Blog — Wed, 10 Jun 2009 23:08:01 GMT

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,...(read more)

Reliance struggles with troubled Trevira

India Chemicals Blog — Fri, 05 Jun 2009 06:00:10 GMT

Trevira was Reliance's first global acquisition and was expected to be the start of a wider programme to extend Reliance's global reach through mergers and acquisitions. But just five years later Trevira is once again on the block after filing...(read more)

New Mangalore refinery shelved

India Chemicals Blog — Thu, 28 May 2009 07:33:22 GMT

ONGC has taken a difficult but sensible decision. It has finally shelved plans for a new 15m tonnes/year refinery and petrochemical complex at Mangalore. The project had been facing considerable resistance from the local population. In addition, questions...(read more)

Pacific Ethanol

The Big Biofuels Blog — Fri, 15 May 2009 11:49:31 GMT

Video from WSJ Marketline about Pacific Ethanol's Plant in Stockton, California . Production at the Stockton was suspended in February. It is now mothballed. Too much capacity, margins too thin, seem to be the story. This isn't the first time...(read more)

Greenpeace protests against Neste's palm biofuel plans

The Big Biofuels Blog — Thu, 14 May 2009 15:20:20 GMT

Greenpeace is objecting to Neste's plans to become the world's largest consumer of plam oil as it ramps up biofuels production, according to a report on ICIS news. Disclosure (I work for ICIS. About ICIS ) Neste disputes the pressure group's...(read more)

Novozymes in China biofuel project.

The Big Biofuels Blog — Mon, 27 Apr 2009 11:34:39 GMT

Novozymes and China National Cereals, China Oil & Foodstuff Corp (COFCO) and Asian refiner China Petroleum and Chemical Corp (Sinopec) in February to develop an industry chain to collect agricultural waste, process it into bioethanol and distribute...(read more)

Reason to cheer

India Chemicals Blog — Wed, 08 Apr 2009 12:48:33 GMT

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...(read more)

Green lobby strikes again

India Chemicals Blog — Tue, 07 Apr 2009 09:40:59 GMT

Chemplast Sanmar's new PVC plant is ready but commissioning remains uncertain as the company faces two petitions in the Supreme Court against the company's marine terminal facility that would be used to import vinyl chloride monomer feedstock...(read more)

Not so fine anymore?

India Chemicals Blog — Mon, 06 Apr 2009 06:16:17 GMT

News is slowly trickling in of Indian pharmaceutical and fine chemical companies shutting down facilities that were acquired with great zeal during the 2005-08 overseas acquisition drive. Shasun has decided to shut its facility at Newbie in Scotland and...(read more)

Confronting China

India Chemicals Blog — Fri, 03 Apr 2009 06:00:13 GMT

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...(read more)

New twist in Bhatinda story

India Chemicals Blog — Mon, 30 Mar 2009 06:21:43 GMT

Is Lakshmi Mittal having second thoughts about participating in the Bhatinda refinery project? This report suggests that Mittal might walk out of the project if the state government does not extend fiscal incentives that had been promised a few years...(read more)

Who will benefit from biofuel industry distress?

The Big Biofuels Blog — Fri, 20 Mar 2009 16:29:48 GMT

The question: Who will benefit from biofuel industry distress? will be answered in a webcast on Thursday 2 April at 1pm to 2:30 pm Eastern Standard Time. There is a fee. Read More......(read more)