INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) have signed a Memorandum of Understanding (MOU) to evaluate the feasibility of establishing a 600,000-ton-per-year acetic acid production facility at GNFC’s site in Bharuch, Gujarat. India currently imports about 85% of its annual acetic acid requirements, according to GNFC Managing Director Pankaj Joshi. The […]
Haldia Petrochemicals (HPL) has raised its investment in a chemical downstream project in Bengal by 66%, bringing the total to ₹5,000 crore. The project, slated for completion by the first quarter of 2026, includes the construction of a phenol and acetone plant with a production capacity increase of 15%, from 300,000 tonnes to 345,000 tonnes. […]
Pharmadeep recently announced plans to establish a new manufacturing facility focused on producing Microcrystalline Cellulose (MCC), a widely used excipient for direct compression in pharmaceutical formulations. This marks the company’s fifth project in the active pharmaceutical ingredients (API) segment. The project, which the company describes as a “state-of-the-art” facility, is in the initial curing stages, […]
Godrej Industries’ Chemicals Business announced its acquisition of the Food Ester and Emulsifier Business from Goa-based Savannah Surfactants Ltd. The acquisition aligns with Godrej’s strategy to broaden its product offerings in the food and beverage sector. The unit acquired from Savannah Surfactants has an annual production capacity of 5,200 metric tons. This addition will enhance […]
Kothari Petrochemicals Limited (KPL) has announced plans to invest ₹74 crore to acquire land in Andhra Pradesh, supporting the company’s strategic expansion objectives. The investment was recently approved by the company’s Board, positioning KPL for long-term growth. KPL currently operates a production facility in Manali, Chennai, with an annual capacity of 48,000 tonnes. For the […]
Alkyl Amines Chemicals Ltd. has announced plans to establish a new manufacturing facility in Dahej, Gujarat, with an estimated investment of ₹115 crore to ₹150 crore. The company aims to increase its production capacity to meet both domestic and international demand for specialty chemicals, particularly in sectors such as pharmaceuticals, agrochemicals, and water treatment. According […]
Thermax Ltd. has acquired Buildtech Products India Pvt Ltd. in a deal valued at approximately ₹72 crore, enhancing its position in the construction chemicals market. The acquisition involves a 100% stake in Buildtech, a company established in 1995 and engaged in manufacturing admixtures, accelerators, and materials essential for large-scale infrastructure projects, including tunnels and railway […]
TUV India Pvt. Ltd., a part of TÜV NORD GROUP, has opened an Advanced Chemical and Material Testing (ACMT) Laboratory in Noida, aimed at supporting various industries, including automotive, semiconductors, electronics, industrial goods, and consumer products. This facility, accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) under ISO 17025 standards, represents […]
Optima Life Sciences has inaugurated a new manufacturing facility in Jejuri, near Pune, Maharashtra, as part of its efforts to expand production capabilities for poultry health solutions. The inauguration event took place on October 15, 2024, with over 150 delegates in attendance, including industry professionals such as poultry consultants, veterinarians, feed millers, breeders, and poultry […]
Himadri Speciality Chemical Ltd (HSCL) has announced its financial results for the first half of fiscal year 2025 (H1 FY25), showcasing significant growth in key metrics. The company reported a 32% increase in sales volume, which reached 2,78,232 metric tons (MT) compared to 2,11,242 MT in H1 FY24. Revenue for the period rose by 19% […]