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

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

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

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

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

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