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Asian Paints to expand Vizag and Mysuru units

Asian Paints is embarking on its largest capacity expansion by investing Rs 4,000 crore at its Visakhapatnam and Mysuru facilities. The expansion plan will add 1.1 million kilo litre to... Full Story

Deepak Nitrite to set up Rs. 1,200-cr phenol, acetone plant.

Deepak Nitrite in a communication to the BSE said that its board of directors on August 7 had approved setting... Full Story

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Coal India plans Rs. 10,000-crore joint venture with GAIL India, RCF, FCIL.

Coal India is planning a Rs. 10,000-crore joint venture along with GAIL India, Rashtriya Chemicals & Fertilizers (RCF) and The... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

NOCIL commission Phase I of the expansion
NOCIL Ltd has commissioned the Phase 1 of expansion of capacities of Rubber Chemicals and their intermediates at Navi Mumbai, The aforementioned CAPEX programme... Full Story
Tata Chem to buy Allied Silica’s silica business for ₹123 crore
Tata Chemicals has completed the acquisition of the silica business of Allied Silica for ₹123 crore. The company last year entered into a business transfer... Full Story
Insecticides (India) Ltd to expand capacity
Insecticides (India) Ltd has announced a ₹200-crore expansion plan to increase its capacity in the next three years. In the first two years, it would... Full Story
Torrent acquires Elder unit for Rs. 2,000 crore.
Ahmedabad-based Torrent is set to acquire Mumbai-based Elder Pharma's entire domestic formulations business in India and Nepal for Rs. 2,004 crore, making it the first... Full Story
Artson Engineering Ltd has won contract worth Rs. 23.81 Crore from Haldia
Artson Engineering Ltd has won a contract from Haldia. The project envisages Engineering, Procurement and Construction of twenty one tanks, Piping, Equipment erection and Painting... Full Story
Intas Pharma is planning to raise R2. 50Cr PE investment for expansion
Intas Pharma is planning to raise R250Cr private equity investment for expansion. Intas Pharma filed DRHP to raise upto R425Cr through fresh issue of shares. The company... Full Story
FACT in lookout for private JV partner
Fertilisers and Chemicals Travancore (FACT) expected to invite private companies for its proposed Rs 6,000 crore joint venture by month-end, as none of the... Full Story
Ion Exchange may raise $5Mn debt financing from IFC
Ion Exchange is raising $5Mn debt financing from IFC for expanding it's production capacities for resins and chemicals used in water and wastewater treatment plants.... Full Story