Articles tagged under: Chemicals

Coronavirus situation in China impacting Gujarat’s Pharma industry

February 10, 2020
Coronavirus situation in China impacting Gujarat’s Pharma industry

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

Prices of Dyestuff in Pakistan doubled in 3 months as export from India stops

November 14, 2019
Prices of Dyestuff in Pakistan doubled in 3 months as export from India stops

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

India’s first ever institute of chemical engineering to come up in Gujarat

August 20, 2019
India’s first ever institute of chemical engineering to come up in Gujarat

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

One dead, one injured as roof of the lab of chemical factory collapses in Gujarat

June 23, 2019
One dead, one injured as roof of the lab of chemical factory collapses in Gujarat

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

Meghmani Organics Ltd served closure following deaths of 2 labourers; 8 who suffered 80% burn injury are critical

March 28, 2019
Meghmani Organics Ltd served closure following deaths of 2 labourers; 8 who suffered 80% burn injury are critical

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

Royal Vopak to set up Rs 1500 crore facility at Dahej PCPIR based chemical terminal

October 16, 2018
Royal Vopak to set up Rs 1500 crore facility at Dahej PCPIR based chemical terminal

Gandhinagar: Rotterdam headquartered global tank storage leader firm Royal Vopak today signed memorandum of understanding(MoU) with department of petrochemicals, Government of Gujarat in presence of State Chief Minister Vijay Rupani to set up Rs 1500 crore project at Dahej chemical terminal in Central Gujarat. As per the MoU, Royal Vopak will set up its plant at Dahej PCPIR chemical terminal. MoU for this project was signed by IAS MK Das and Royal Vopak MD Dipak Gajanan Dalvi. Roy...Read More

Indian chemicals and petrochemicals imports at 3 lakh crores against 2 lakh crore export

September 11, 2018
Indian chemicals and petrochemicals imports at 3 lakh crores against 2 lakh crore export

Ahmedabad: Speaking at FICCI event in Ahmedabad today, Raghavendra Rao, Secretary, Department of Chemicals and Petrochemicals, Government of India said, imports of chemicals and petrochemicals in India is around 3 lakh crores whereas the exports are placed somewhere around 2 lakh crores. He said, the government is working towards bridging this gap and becoming a hub of chemicals and petrochemicals manufacturing in Asia. The government also want to ensure that the chemical standards are equi...Read More

RIL statement on acquisition of assets of Kemrock Industries

September 11, 2018
RIL statement on acquisition of assets of Kemrock Industries

Ahmedabad: Reliance Industries Ltd (RIL) has in the light of recent reports appearing in a section of press regarding the sale of properties of Kemrock Industries and Exports Limited and Kemrock Agritech Pvt. Ltd., clarified its position in a statement. 'Reliance Industries Limited (RIL) acquired assets of Kemrock Industries and Exports Limited from a Consortium of Banks in September 2017, through the process of E-Auction. The possession of the said properties was received and the acquisiti...Read More

Rs 7 crore Meow Meow drug recovered from Ankleshwar based chemical unit, owner Sanket Patel arrested

July 31, 2018
Rs 7 crore Meow Meow drug recovered from Ankleshwar based chemical unit, owner Sanket Patel arrested

Bharuch: Revenue Intelligence sleuths from Ahmedabad raided Matrix Fine Chem & Laboratory unit in Ankleshwar in Central Gujarat and recovered Mephedrone worth Rs 7 crore from company premises. Owner Sanket Patel has been arrested in this case. Mephefrone, also known as 4-methyl methcathinone (4-MMC) or 4-methyl ephedrone, is a synthetic stimulant drug with street name as Meow Meow. Along with his factory unit, Patel's residence was also raided. Mephedrone was recovered from his unit in po...Read More

Fine Organic IPO to open on June 20

June 15, 2018
Fine Organic IPO to open on June 20

Ahmedabad: Fine Organic Industries Limited today said it proposes to open on Wednesday, June 20, 2018, an initial public offering of 7,664,994 Equity Shares through an offer for sale by the promoter group selling shareholders. The Bid/Offer Period will close on Friday, June 22, 2018. The Price Band for the Offer is from Rs. 780 to Rs. 783 per Equity Share. Bids can be made for a minimum lot of 19 Equity Shares and in multiples of 19 Equity Shares thereafter, the company said. The Equit...Read More

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