French firm Imerys pumps in Rs 350 crore in its new mineral processing facility in Andhra Pradesh

Imerys, French multinational which specialises in production and processing of industrial minerals, announced an additional investment of Rs 350 crore in its new facility in Vizag, Andhra Pradesh. The calcium aluminate plant will also serve as a distribution centre of imported ready-to-use mortars and bentonite solutions to serve the fast-growing infrastructure sector, in particular for applications such as waste water, tunneling […]

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India can grab trillion dollar opportunity in chemicals and petrochem: Minister Gowda

India’s Chemicals and Fertilizer minister D V Sadananda Gowda said on Wednesday that an opportunity to attract investments worth one trillion rupees had opened up in the chemicals and petrochemicals sector following recent budgetary announcements. Speaking at the annual India Chem summit, he said at least 50%-60% of recent production linked incentives announced for 10 manufacturing sector […]

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India’s mountains of plastic waste grow as pandemic disrupts fledgling recycling firms

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It was only about a year ago that Nikhel Morris and his wife Somali Kothari quit their city jobs to plunge into a venture close to their hearts — recycling plastic and rubber wastes into fuel. It made perfect sense as India imports the majority of its fuel needs. At the same time the country struggles to recycle plastic and rubber […]

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India’s largest packaging company UFlex says plastics not a bad word post coronavirus pandemic

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Uflex, India’s largest listed plastics and packaging company, says that the Covid-19 pandemic is creating new opportunities for growth especially in food and perishables segment amid heightened concerns about safety and sanitation following the spread of the virus.. Amitava Ray, executive director of UFlex, spoke to Biman Mukehrji of indoasiancommodities.com about the business outlook for the […]

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