Nichino India, an agrochemical company and a subsidiary of Nihon Nohyaku Corporation (NNC), has opened a new manufacturing plant in Humnabad, Karnataka. The agrochemical plant was inaugurated by Nihon Nohyaku’s global president Hiroyuki Iwata San and others. Nihon Nohyaku, which was established in 1928, is a research and development (R&D)-based agrochemical company headquartered in Japan. […]
Anupam Rasayan said that it has signed a letter of intent (LoI) worth $182 million (INR 1,500 crores) with a Japanese multinational pertaining to three high-value specialty chemicals. According to the Indian custom synthesis and specialty chemical players, for the next seven years, it will manufacture and supply the molecules. Anupam Rasayan will manufacture the […]
Indian specialty chemicals manufacturer Neogen Chemicals has entered into an agreement with Japan-based MU Ionic Solutions Corporation for acquiring a manufacturing technology license for electrolytes in India. MU Ionic Solutions (MUIS) is a joint venture of Mitsubishi Chemical Corporation (MCC) and UBE Corporation and is part of Japanese conglomerate Mitsubishi Chemical Group. The company is […]
IMCD, a Dutch distributor of specialty chemicals and ingredients, through its subsidiary IMCD India, will acquire Tradeimpex Polymers (India) for an undisclosed price. Based in Gurgaon, Tradeimpex Polymers is engaged in the distribution of high-performance polymers and engineering plastics. Established in 2003, Tradeimpex Polymers distributes products from major international suppliers and primarily serves the needs […]
Neogen Chemicals, an Indian bromine, lithium-based specialty chemicals and advanced intermediates manufacturer, has agreed to acquire BuLi Chemicals India (BuLi Chem) from Livent, a US-based chemical manufacturer. The financial terms of the deal were not disclosed. BuLi Chem has a proprietary technology for manufacturing N Butyl Lithium and other organolithium products using lithium metal, which […]
Neogen Chemicals Limited has reported a profit after tax (PAT) of INR 14.7 crores for the third quarter of the fiscal year 2023 (Q3 FY23), a year-over-year (YoY) growth of 40%. According to the Indian specialty chemicals producer, the increase in profit after tax reflected the operational performance, impacted moderately by high depreciation related to […]
Linde will invest $1.8 billion to build a new complex in Beaumont, Texas as part of its long-term contract with Netherlands-based chemical company OCI. The on-site complex will include autothermal reforming with carbon capture and a large air separation facility. Linde will integrate the new complex with its Gulf Coast industrial gas infrastructure to supply […]
Praj Industries has reported a profit after tax (PAT) of INR 62.31 crores for the third quarter of the fiscal year 2023 (Q3FY23), an increase of 62.3% compared to INR 37.05 crores in the same quarter of the previous fiscal year. The Pune-based project engineering company had a profit after tax of INR 48.13 crores […]
Heranba Industries has reported a profit after tax of INR 144 million for the third quarter of the fiscal year 2023 (Q3 FY23), which is a decline of 73.1% compared to INR 535 million in the same quarter of the previous fiscal year. The Indian agrochemical company registered revenues of INR 2,802 million for the […]
Univar Solutions, an American solutions provider to users of specialty ingredients and chemicals, has agreed to acquire Kale Kimya, a Turkish specialty chemicals distributor. The financial terms of the deal were not disclosed. Founded in 1975, Kale Kimya offers formulation laboratory capabilities and technical know-how along with a product portfolio of beauty and personal care […]