ELANTAS Takes Over Wire Enamel Business of Hubergroup in India

ELANTAS Beck India Ltd. is involved in the production of insulating materials for electrical and electronics industry. The company is one of the four divisions of ALTANA, which is a global leade... Read More


Andhra Sugars Signs Agreement with Thyssenkrupp for Expanding Caustic Soda Facility

Andhra Sugars Limited is a renowned name in the production of Caustic Soda in India. The current installed capacity for caustic soda is around 436 tonnes per day. Owing to the propelling demand ... Read More


Fairfax Increases its Stake in Sanmar Group

Fairfax India Holdings Corporation, an investment holding company has increased its stake in the Chennai-based Sanmar Group. Sanmar bought bonds held by Fairfax India at a worth of INR 30.20 Bil... Read More


PolyOne Buys Clariant Color, Additive Masterbatch Business.

PolyOne Corporation, a leading global provider of specialized polymer materials, services and solutions, is buying plastic-pigments business of Clariant AG at the net purchase price is $1.45 bil... Read More


LyondellBasell Signs Joint Venture with Sinopec to Satisfy Rising Propylene Oxide and Styrene Monomer (SM) demand in China.

LyondellBasell Industries N.V. LYB has recently entered a 50:50 joint venture with China Petroleum & Chemical Corporation (Sinopec) to build a new propylene oxide (PO) and styrene monomer (S... Read More


Saudi and Kuwait Agree to Resume Joint Oil Output

Saudi Arabia and Kuwait, after a prolonged bilateral disagreement for five years on production of oil from two major oilfields in shared neutral zone, have agreed to resume production. Both part... Read More