Published on July 7, 2014
30 days of completion for the new government which was formed in the month of May 2014, the entire world is looking at India as a potential growth market and the new Prime Minister Narendra Modi pledges to more apart from enhancing the stock market. Moreover with the upcoming of Modi government the chemical industries are having sky high expectations from the budget and are eagerly awaiting for bigger picture. However last year at the India Chem 2013 the new Prime Minister Narendra Modi ha ..
Published on July 1, 2014
Over past few days, with excavate crises in Iraq the prices of crude oil have significantly increased at 9 months high near USD 115/barrel, however owing to turbulence in Iraq might raise concerns over the ready availability of crude oil, which might be delayed for two week if the violence in the country prolongs to soar up, as per the industry players. According to the one of the major suppliers, after the major crises the prices of petrochemical were seen less responsive although the prices of ..
Published on June 28, 2014
The chemical industry of China is heading toward a phase of self-sufficiency and sustainability. The Five year plans play a vital role in paving the path for the industry. The 12th Five Year Plan has listed 7 emerging sector, 4 of which belong to the chemical industry. The emphasis on energy conservation, new energy, new materials etc has pushed chemical firms to strengthen hold in higher grade chemical segments. Earlier chemical companies were involved with the bulk chemicals sector and only ..
Published on June 25, 2014
The rising consumption has encouraged reliance on unconventional energy sources, which is expected to impact China's petrochemical and chemical sectors. Increasing use of natural or shale gas can help China boost its low-carbon economy. Natural gas could be used to make synthetic ammonia and methanol, which is economically beneficial than those produced by coal and petroleum. China has access to nearly 26 trillion cubic metres of recoverable shale gas. However only technology can assure any su ..
Published on June 23, 2014
At the International Methanol Producers Association conference in Porto, Portugal which was held on June 12-13, 2014, market participants who attended these meet said that in the European bunkering industry the use of methanol as an alternative marine fuel which remains a distant possibility. As a result of diminution of the sulphur limit in emission control areas, is noted as the main factor driving methanol as well as most of the ship owners are being pushed by the global cap to move ..
Published on June 18, 2014
The chemical industry of China has witnessed the dawn of a new phase, which will bring growth at a more settled pace. This steady pace of growth combined with urbanization, increased domestic consumption, and rising demand for auto and electronic products will offer a wide range of opportunities. The chemical industry is expected to grow by 9-11 per cent between 2013-15. This dependable pace of growth in chemical manufacturing has not changed the fact that China remains reliant on imported m ..
Published on June 14, 2014
With rising costs and greater competition, petrochemical industries are facing fresh new challenges and last year in 2013 the growth in demand for polymers had reduced to 6.2% which was noted half in compare to 2012 due to sharp depreciation of the rupee which had made imports more expensive and also owing to gloomy economic growth. However as per industry experts in next two years numbers of Greenfield projects of petrochemical industry are expected to see completion which will be considered as ..
Published on June 11, 2014
The Indian chemical industry has a number of obstacles which should be overcome. Lack of skilled workforce, raw materials and much-needed technologies can prevent the industry from capitalising on growth opportunities offered by our country. This industry is extremely important to the global economy. Chemical sales on a global scale have increased exponentially in the last ten years. The global chemical industry is witnessing a gradual transition to developing countries. India offers a s ..
Published on June 9, 2014
Cleantech refers to technologies, products and services that enhance productivity, while decreasing energy use, expenses, waste or environmental pollution. The increased environmental awareness and the demand for cleaner energy has led to a significant growth in cleantech initiatives by large and reputed firms as well as start-ups. 2013 saw the downfall of a number of cleantech companies. Large number of solar power companies went into bankruptcy, which has given critics to write off the sector ..
Published on June 4, 2014
Surfactants or surface active agents are largely defined as organic compounds which can help increase emulsifying, foaming and defoaming, wetting, and creating competence in wetting, dispersing and solvency. It is one of the most important ingrdient which is by and large found in various applications such as manufacturing of industrial goods, agriculture, food, home care & personal products, pharmaceuticals,oil & gas industries and is mostly found in emerging markets like China and India ..
