New Delhi: DCM Shriram Ltd. board has approved an investment of Rs 1000 crore in its Chemical business today, this investment will be focused on building downstream capabilities of the company’s chemical portfolio. DCM Shriram is the second largest Chlor Alkali producer in India with an existing capacity of approximately 6,50,000 TPA between its Bharuch and Kota manufacturing facilities. The Bharuch facility is the single largest Chlor alkali site in India and this expansion will further enhan...Read More

Sabarmati: Amdavad Municipal Corporation (AMC) has since November 6 sealed nearly 50 units where dangerous chemicals were found to be stored without required No Objection Certificate (NOC), license or permission from AMC and various government departments. AMC initiated this action after a letter directing same from the State Labour and Employment department dated November 5. The city witnessed a tragic incident of fire and building collapse at a textile packing godown in Nanukaka estate in Shah...Read More

New Delhi: The Competition Commission of India (CCI) has approved the proposal of Tau Investment to acquire shares in J B Chemicals. The proposed combination envisages acquisition of acquisition of up to 64.90% of share capital of J B Chemicals & Pharmaceuticals Limited by Tau Investment Holdings Pte. Ltd. (Tau Investment). Tau Investment is a company incorporated in Singapore. It is an indirect wholly owned subsidiary of KKR Asian Fund III L.P. It is an affiliate of funds, vehicles and/or en...Read More

Dahej: National Green Tribunal has directed chemical company Yashashvi Rasayan Pvt Ltd to deposit Rs. 25 crore for June 3 incident of blast at company's Dahej plant in which 10 persons were dead and over 75 were injured. The fire had spread rapidly and also caused damage to the second plant in the factory. The mishap left ten workers dead (6 on the spot & 4 at the time of hospital treatment) and injured 78. Out of 78, 34 have been discharged, 44 are stable. An explosion with fire erupted...Read More

Gandhinagar: Due to its vast linkages in global trade, any major change in China impacts various businesses across the world. The present situation of lock down of several cities and spread of coronavirus has impacted several sectors of industries in India. One of them is Pharma sector. Ankur Agrawal, Founder, Medkart Pharmacy Pvt Ltd on the effects of Coronavirus on Gujarat based pharma manufacturers said, 'Indian drug manufacturers are largely dependent on China for sourcing the APIs(Act...Read More

Ahmedabad: The prices of dyestuff- the chemical substances used to impart colour to textiles, paper, leather, and other materials, in neighbouring Pakistan has more than doubled following complete stop on export from India after announcement of abrogation of article 370, Senior office bearers of Basic Chemicals, Cosmetics and Dyes Export Promotion Council (Chemexcil) and the Gujarat Dyestuff Manufacturing Association (GDMA) today informed. Addressing a press conference on the oc...Read More

Gandhinagar: In a major development for the state of Gujarat, the Union Government will be opening up the nation’s first-ever Central Institute of Chemical Engineering and Technology (CICET) in the state. The announcement was made by the Union Minister of State (MoS) for Shipping, Mansukh Mandaviya who said that the institute would be set up either in Surat or in Vatva. He also emphasised that Vapi, Ankleshwar and Vatva regions of the state had a significant presence of chemical industries....Read More

Ahmedabad: One person died and another injured when the roof of the under construction lab of a chemical factory in Vatva GIDC area in Ahmedabad suddenly collapsed today. Police said that the incident took place in the premises of United Chemicals private ltd situated in phase 2 of the Vatva GIDC. The new structure was being build over an old structure and it suddenly collapsed in the afternoon. One person was pulled out alive but in injured condition from the debris w...Read More

Bharuch: Medical condition of 8 labourers who suffered burn injuries due to blast during solvent wash procedure in Dahej based Meghmani Organics plant is critical. Each of 8 labourers have suffered 80% burn injury. Local factory inspector has ordered closure of plant following the incident. According to factory inspector, the company will face court case for this criminal lethargy. Two labourers who died in this incident were cremated. DeshGujaratRead More