Sabarmati: Meghmani Finechem Limited (‘MFL’ or the company), a manufacturer of Chlor-Alkali and its value-added Derivatives, on Wednesday announced the commissioning of Rs. 275 crore Epichlorohydrin (ECH) Plant of 50,000 TPA capacity at Dahej in Central Gujarat. Meghmani in a statement said it is the first company in India to commission an ECH plant – a currently fully imported product. MFL’s entry into this product is in line with the Government’s initiative of Aatmanirbhar Bharat and...Read More

Ahmedabad (Based on Press release): Asahi Songwon Colors Limited ("the Company" or "Asahi"), which is into the pigments industry, today announced the acquisition of a 78 % in Atlas Life Sciences Private Limited ("Atlas"), a manufacturer of bulk pharmaceutical ingredients (APIs), for an all-cash consideration of INR 48 crores. Atlas is Odhav based company. Asahi is Thaltej headquartered. The plants are in Vadodara and Ankleshwar. The Board of Directors unanimously approved the acquisition, whi...Read More

Sabarmati: A massive fire broke out in a chemical factory that manufactures solvent-based adhesives in Santej area of city today morning. The fire brigade received a call at around 2 am. None is hurt in this incident of fire which also involved blasts in chemical barrels. 18 fire tenders rushed to control the fire along with a remote-controlled fire robot. The cause of the fire is not yet known.Read More

Surat: Special Operation Group (SOG) police have nabbed 3 more accused including Managing Director of Chemie Organics Company in the case of illegal dumping of toxic chemical waste in Sachin GIDC, Surat. The police have received a 3-day remand of the 3 accused. Bharuch based Chemie Organic Company had also allegedly dumped hazardous chemical waste through Sangam environment company in a pit in Sachin GIDC Surat. The 3 accused namely Mayank Jayant Shah- MD of Chemie Organic company (residing i...Read More

Surat: City Police's  crime branch has issued a lookout notice against the Managing Director of Mumbai based Hikal company in the case of toxic gas leakage from illegal chemical waste at Sachin GIDC in Surat which killed six persons and injured many more. The tanker filled with toxic chemicals was sent by Mumbai based Hikal company in Sachin GIDC, as found in investigation. The crime-branch had issued notices to the directors of Hikal company regarding this case but they didn’t give any re...Read More

Surat: Six innocent persons died and many more had to be hospitalized due to toxic gas-leakage from a tanker in Sachin GIDC- Surat two days ago. Surat crime-branch has in its investigation found that Vadodara based Sangam environment private limited had brought this dangerous and killer chemical waste to Sachin GIDC for disposal on behalf of Taloja-Mumbai based Hikal company. Surat crime branch carried out raids at Vadodara and Bharuch and nabbed four accused, in addition to a local transpor...Read More

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