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Singur saga spells trouble for India investments

I have yet to meet anyone who has not expressed disappointment at the drama unfolding outside Tata Motor's Nano plant site in Singur at West Bengal. They also concur that the episode will have serious implications for large investments in India. Violent protests have forced Tata Motors to halt construction...

Posted to ICIS Blogs (Weblog) by Anonymous on 09-05-2008
Re: Fine chemical zones in China

I don't know where to find that list, I'm afraid. Perhaps you could devise one and sell it for a profit? The idea of large commodity firms moving down the chain from basic refining into fine chemicals is probably a step too far. How would you manage such different business models? I guess its...

Posted to Business outlook (Forum) by Tristram Shandy on 09-01-2008
August highlights

Many readers have been out of the office during August on a well-deserved break. I am therefore highlighting below the main postings over the past month, in the hope this will help them to catch up quickly on key developments - please click on the highlighted title if you want to read the original posting...

Posted to ICIS Blogs (Weblog) by Anonymous on 09-01-2008
Grim humour as Gustav nears Gulf oil and petchems

I'm on holiday this week but just as I was leaving the office, a US reader who had dragged himself away from presidential and vice-presidential nominations sent this link which is circulating amongst the petchem workers of the US Gulf as Hurricane Gustav approaches. Click here for original link....

Posted to ICIS Blogs (Weblog) by Anonymous on 08-30-2008
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
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 with Lummus And earlier this month, the company was...

Posted to ICIS Blogs (Weblog) by Anonymous on 08-25-2008
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 examine the proposal', reports ICIS news...

Posted to ICIS Blogs (Weblog) by Anonymous on 08-20-2008
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, up from the usual 2,000 tonnes/month, as a result...

Posted to ICIS Blogs (Weblog) by Anonymous on 08-12-2008
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
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 to read that the company intends to soon start...

Posted to ICIS Blogs (Weblog) by Anonymous on 08-01-2008

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