Market Flash

Swiss construction chemicals firm, Sika, is pushing ahead with the significant expansion of its plant in Bac Ninh in northern Vietnam. A state-of-the-art facility for mortar production has come on stream alongside the existing production of concrete ...

• Sika
• Vietnam
• Senegal

French chemicals group, Arkema and US-based composite materials expert, Hexcel have signed a strategic alliance to develop thermoplastic composite solutions for the aerospace sector combining the expertise of Hexcel in carbon fibre and that of Arkema...

• Arkema
• US
• France

Germany-based supplier of collagen proteins, Gelita, has announced the launch of what it described as the “first-ever blog” dedicated to collagen proteins. The new blog – #AmazingCollagen – is designed to “explore and expand perceptions and expertise...

• Gelita
• Blog

German material science company, Covestro’s CEO Mr. Patrick Thomas will hand over charge to Dr. Markus Steilemann, currently Chief Commercial Officer (CCO), on June 1, 2018.

• German
• CEO
• People

ECHEMI will recommend you several daily chemical news. If you want to know more, please go to our News Section.

• Echemi
• Daily

Events organiser, UBM, has announced that from 2019 onwards, CPhI South East Asia expo will alternate its annual location between the region’s two largest pharma economies, Indonesia and Thailand.

• UBM
• CPhI

BG Asia Pacific Holdings Pte Ltd.(BGAPH), a wholly-owned unit of Royal Dutch Shell Plc, has pared its shareholding in natural gas distribution company, Mahanagar Gas Ltd. (MGL), to 24 per cent from 32.50 per cent.

• India
• Shell

Petronet LNG will soon assess the option of entering the overseas gas exploration and production segment. Speaking to reporters on the sidelines of the 16th International Energy Forum in New Delhi recently, Mr. Prabhat Singh, Managing Director and...

• LNG
• India

Oil and Natural Gas Corporation (ONGC) has entered into a memorandum of understanding (MoU) with Reliance Industries Ltd. (RIL) to explore the possibility of sharing the latter’s infrastructural facility on the east coast of the country.

• India
• Gas

Indian Oil Corporation (IOC) has signed a tolling agreement with Dhamra LNG Terminal Pvt. Ltd. (DLTPL) for booking 3 million tonnes per annum (mtpa) of regassification capacity at the latter’s 5-mtpa LNG terminal. The terminal is coming up at Dhamra ...

• India
• Oil

India and the US have announced the formation of a joint task force on natural gas aimed at increasing the share of gas in India’s primary energy mix.

• India
• US

The government plans to launch a natural gas trading hub by October, crea-ting an Indian gas benchmark which will spark a surge in consumption of the cleaner-burning fuel.

• India
• Gas

The government is working on ‘unbundling’ of marketing and transportation of gas in the country, Oil Minister Mr. Dharmendra Pradhan has said, in a move that would end up splitting Gail, the owner of most of nation’s natural gas transportation network.

• India
• Gas

The 145kt/a butadiene unit at CNOOC and Shell Petrochemicals will run normally in May, and Shenhua Ningxia Coal Industries and Shandong ...

• Butadiene

Coal India and its subsidiaries will now be able to extract coal bed methane (CBM) from their mines without seeking approvals under the Petroleum and Natural Gas Rules 1959 (PNG Rules, 1959). An official statement said the Cabinet Committee on Economic...

• India
• Coal

GAIL Ltd. plans to buy 0.5 million tonnes or eight cargoes of liquefied natural gas (LNG) from Russia’s Gazprom in 2018-19, according to its Chairman and Managing Director Mr. B. C. Tripathi. “The cargoes will start coming from May,” he said.

• LNG
• India

In the meantime, after the price increase, the gasoline ceiling prices in most provinces of China will be over RMB 0.

• Gasoline
• Retailer

Union Petroleum Minister Mr. Dharmendra Pradhan has said India will coordinate with China and other Asian countries to voice against the “Asian Premium” being charged by the Organisation of the Petroleum Exporting Countries (OPEC).

• India
• China
• OPEC

Mr. Rakesh Kumar Vats, Additional Secretary, Ministry of Health and Family Welfare has been given the additional charge of Chairman of drug price regulator NPPA, an official statement said.

• India
• Pharma

Hyderabad-based Natco Pharma Ltd. has been awarded a favourable judgment in the US Court of Appeals for the Federal Circuit ruling on patent-related to Teva’s Copaxone (treat multiple sclerosis). The court of appeals had reversed a district court’s...

• Pharma
• US
• India