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  • Mumbai terror dents confidence

    The deplorable terror attacks at Mumbai threaten to further shake business confidence in India at a time when companies across industrial sectors are struggling to cope with severe erosion in demand and profitability and the economy is straining to overcome the pressure of the global economic crisis...
    Posted to ICIS Blogs (Weblog) by Anonymous on 11-27-2008

  • 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. Currently, the country has 5% ethanol blending...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-12-2008

  • 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

  • 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 year on the back of rising energy costs with product...
    Posted to ICIS Blogs (Weblog) by Anonymous on 08-05-2008

  • 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

  • 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 is losing its competitive edge in this industry...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-16-2008

  • Will Gujarat gain from Beijing clean up?

    China’s move to clean up Beijing ahead of the Olympics is likely to have far reaching repercussions for the Indian chemicals industry. ICIS news reported today that the Chinese government was regulating the production and sale of more than 257 chemicals around Beijing - a move that could result in the...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-02-2008
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