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Six industries drive over half of India’s formal manufacturing GVA: NSO
In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more
Dow India appoints Siddhartha Ghosal as new country president
He will be taking over from Chandrakant Nayak who will be retiring by end of this year.Read more
Himadri Speciality Chemical targets 18% market share in carbon black by FY26
The company is investing approximately Rs 2.2 billion in this expansion, which will more than double the capacity of its specialty carbon black line to 130,000 MTPA.Read more
Vishnu Chemicals acquires Jayansree Pharma in Rs 520 million deal
Vishnu Chemicals is set to buy 100% of JPPL’s shares within the next three months.Read more
PI Industries plans Rs 8 – Rs 9 billion capex in FY25
More than 40% of the new products that we are commercialising are all non-Agchem. Read more
Birla Opus targets Rs 100 billion turnover with expanded manufacturing
These facilities will produce a diverse range of paint products, including innovative offerings not yet available in their portfolio.Read more
State oil companies are investing in petrochemical; despite facing oversupply
The aim is to boost the production of essential chemicals used in plastics, paints, and other industrial applications, which have historically been imported from countries like China.Read more
Vipul Organics develops organic intermediate to be used by auto industry
The application of this specialty chemical will lead to better durability and performance of the shock absorbers and bumper extensions by adding on a compound that is resistant to wear and impact.Read more
Godrej Industries Group hosts ‘National Chemistry Day’ summit
India’s chemical industry contributes 7% to the country’s GDP and ranks sixth in the world. Read more
Clariant and OMV partner to reduce carbon footprint with ethylene distribution
Clariant will grow its bio-based ethylene oxide derivatives portfolio with renewable low-carbon footprint ethylene from OMV.Read more