Chemical Industry - News and Analysis

Lanxess India commences operations from Jhagadia Chemical Park

Lanxess India Pvt Ltd, a leading speciality chemicals company, which has relocated its plant from Thane in Maharashtra to Jhagadia Chemical Park in Gujarat has commenced operations. It produces global rubber oil and mineral oil additive markets as well as antioxidants for the Indian tyre industry and rubber industry. The Jhagadia plant will also house a ion exchange resins plant.

Nagarjuna Agrichem to expand its production capacity

Nagarjuna Agrichem is planning to invest Rs. 2500 million to set up a greenfield chemical unit at special economic zone in Visakhapatnam. This new facility will manufacture active ingredients and will become operational by 2011. The company is also implementing a debottlenecking programme at Srikakulam and Ethakota facilities at a cost of Rs.400 million. The company is planning to launch 5 new brands in pesticides this year for wheat, paddy and tea crops and to expand its dealer network in Bihar and Madhya Pradesh.

GACL to become largest producer of hydrogen peroxide

Gujarat Alkalies Chemicals Ltd,(GACL) is increasing its capacity of hydrogen peroxide in Dahej from 25,080 tpa to 39,080 tpa. The new plant will become operational by 2011. The plant entailed an investment of Rs.960 million and by this expansion, the company has become the largest producer of hydrogen peroxide in India. Technology for the project has come from Chematur Engineering AB, Sweden. The other big players in hydrogen peroxide are HOCL, National Peroxide and Asian Peroxide.