Published on May 30, 2014
In terms of volume, India is currently noted as the third largest Asian producers which accounts for 3% of the total global chemicals. Indian chemical industries might augment their profitability by focusing on the key strategic cost management drivers in a vastly competitive marketplace. Over past few decades the Indian chemical industry has become more refined producer of R&D intensive chemicals from non-discriminated basic chemical manufacturing. The chemical industries were distingu ..
Published on May 28, 2014
Polyvinyl chloride (PVC) despite opposition from environmentalists has been performing exceptionally well. Demand for thermoplastic has been growing steadily, especially from the construction sector. This increase in consumption has been due to the versatile mature of this material. Also, PVC is inexpensive and can be processed easily to a wide variety of forms and shapes with excellent properties like flame retardancy. Polymer is recyclable, provided the right technology is used, and compared ..
Published on May 24, 2014
The chemical industry is highly reliant on the economy, but the new government should take a few steps to help the Indian chemical industry develop further. Growth in this industry has been slow due to a number of factors and it’s crucial to address these issues. The western parts of the country provide nearly 75 per cent of the national chemical output, especially states like Gujarat and Maharashtra. Both these states have even reached the limits prescribed in terms of land and other fa ..
Published on May 22, 2014
The traditional heating oil is gradually being replaced by cleaner-burning fuels such as natural gas and lower-sulfur distillate grades. In US, majority of the households rely on natural gas as their primary heating fuel, while only 6 per cent use heating oil. New York uses more residential heating oil than any other state. But they reduced the amount of sulfur in home heating oil to 15 ppm in 2012. Rhode Island also reduced sulfur levels to 50 ppm in 2013. In July, states like New Jersey, Conne ..
Published on May 19, 2014
Since November 2013 in Thailand the protests over anti-government have been ongoing aiming at removing the influence of former Prime Minister Thaksin Shinawatra from Thai politics. Moreover, from last year November the country has been gripping from the political conflict as petrochemical industry of Thailand has been largely lagged. However, with the prolonged government instability, its economy is likely bear the brunt. As per the researched analyst political strife will have no impact on ..
Published on May 17, 2014
In the year 2013, revenues earned by the Indian chemicals industry were in the range of USD 155-160 billion and in the next two to three years it is likely to rise at a rate of 11-12%, according to the global growth consulting firm Frost & Sullivan. Due to diminished industrial output, the global research firm expects commodity and bulk chemicals to experience slow growth whereas considerable growth is projected to see in the specialty chemicals segment. A multi-business entity SRF who ..
Published on May 13, 2014
The increasing use of chemicals may be the reason for the growing number of children with neurodevelopmental disabilities. Toxic chemicals might be behind increasing cases of autism, dyslexia and attention-deficit hyperactivity disorder. Industrial chemicals are believed to trigger reduced attention span, delayed development and poor performance in school. The increasing number of children affected by toxic damage to brain development along with lack of any formal diagnosis is a disturbing fact ..
Published on May 8, 2014
Since the beginning of economic liberalization in 1978, China has been noted amid the fastest budding economies of the world, relying mainly on investment and export led expansion. In past two decades, the country had experienced an extraordinary growth and the chemical industry has been projected to have profound effects with the changing economic model of the country. For all the chemicals and polymers the annual growth rate has consistently envisage the constant double-digit and subsequ ..
Published on May 6, 2014
The Indian specialty chemicals industry is one of the fastest growing sectors in the country and for most of the MNCs, specialty chemicals have become an attractive target. Due to rising demand for top consumer goods the Indian Chemical Industry in this segment has been registering robust growth, which obliges specific properties to be distinguished in the highly crowded retail shelf. Over next decade, the Indian specialty chemicals industry has been poised to rise at 15% per year, which is mai ..
Published on May 3, 2014
The International Energy Agency predicted that the energy boom will pave the way for the : golden age of gas. However, industry executives do not share similar views. Oil continues to be a prized possession, while gas has become a mere afterthought. Abraxas Petroleum (AXAS) Corp. stated that majority of its proven reserves are oil and liquids. The industry prefers oil primarily because oil sells for three times as much as the same amount of natural gas. Oil helps producers as well as shareho ..
