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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/negative list and some chemicals have been included...

Posted to ICIS Blogs (Weblog) by Anonymous on 08-29-2008
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 if Indian business leaders are aware of the...

Posted to ICIS Blogs (Weblog) by Anonymous on 07-30-2008
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 olefins and polyolefins. State-owned and private...

Posted to ICIS Blogs (Weblog) by Anonymous on 06-19-2008
Sign of things to come?

The big news today is Daiichi Sankyo's acquisition of a controlling stake in Ranbaxy , India's largest pharmaceutical company, for $4.6bn. Analysts have been quick to predict many more such deals which will see international pharma majors entering the generic space. Indian generic players have...

Posted to ICIS Blogs (Weblog) by Anonymous on 06-12-2008
Struggling with Reach

Are Indian chemical companies ready for Reach? Apparently not, says this report in today's Mint. The problem appears to be not only lack of awareness about the EU programme for registration, evaluation and authorisation of chemicals (Reach) but also a shortage of labs certified for good laboratory...

Posted to ICIS Blogs (Weblog) by Anonymous on 05-27-2008
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 the problem. The revised tax is applicable for exports...

Posted to ICIS Blogs (Weblog) by Anonymous on 05-26-2008
Spotlight on Bhopal

Indian papers and news channels are once again buzzing with reports about Dow Chemical and Bhopal. This time it is about the law ministry's view on whether the company should clean up the Bhopal site. The law ministry's comments on a note to the Prime Minister's office were obtained by activists...

Posted to ICIS Blogs (Weblog) by Anonymous on 05-14-2008
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 to the parliament yesterday. India has 150,000 researchers compared...

Posted to ICIS Blogs (Weblog) by Anonymous on 03-13-2008
Testing times for CRAMS

Business is booming in India’s custom research and manufacturing services (CRAMS) industry thanks to the country's strong process chemistry skills, low operational costs and the availability of a skilled workforce. Frost & Sullivan values the Indian CRAMS market at $890m, and expects it to expand...

Posted to ICIS Blogs (Weblog) by Anonymous on 02-11-2008
Target Tamil Nadu

I have often talked about the resistance that new chemical projects are likely to face in certain parts of the country. Cuddalore in Tamil Nadu is also on the list. I recently came across the SIPCOT Area Environmental Monitors website that lists out environmental problems in Cuddalore which allegedly...

Posted to ICIS Blogs (Weblog) by Anonymous on 02-08-2008

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