southeast asia - pudaily...of a world class automotive component operation in the co untry. inoac is...

Southeast Asia

Solvay Opens Innovation Centre in Singapore to Focus on Specialty Formulations in Asia-Pacific

Evonik Opens Expanded Precipitated Silica in Thailand

Inoac Moves Foam Production to Sri Lanka from China

Vencorex to Open New Customer Service Centre in Asia

Clariant Inaugurates Indonesian Investments

PTT Global Chemical Increases Stake in French Chemical Firm Vencorex

Bayer’s Polyurethane Composite Panels May Make a Million Malaysian Homes

Momentive Adds Silicone and Coatings Production Capacities at Thailand Plant

BASF to Sell Shares in ELLBA Eastern to JV Partner Shell

PUdaily Publishes the SE Asia & India Isocyanates and Polyols Bi-Weekly Reports

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Your Trusted Polyurethane Market Advisor

2014 PUdaily Newsbits: Southeast Asia & India

mailto:[email protected]

Solvay Opens Innovation Centre in

Singapore to Focus on Specialty

Formulations in Asia-Pacific 2014/2/12

Solvay has unveiled a new Research &

Innovation Center in Singapore, which will be

the Group’s core innovation ground for its

Consumer Chemicals growth engine in the

Asia-Pacific region. Located in Singapore’s

Biopolis research hub, the 1,100 square-meter

laboratory will lead worldwide innovation

projects primarily for Solvay’s business unit

Novecare, which is active in the fields of Home

and Personal Care, Coatings and Oil & Gas. It

will also be a regional hub in developing

sustainable solutions for the Agrochemical

business and provide technical support to

Solvay’s regional customers as well as plants in

the region.

Solvay, which received strong support from

the Singapore Economic Development Board

(EDB), invested close to €2 million in the

laboratory and expects to invest another €5

million in the next five years to boost the

laboratory’s capabilities, including the hiring of

an extra 30 researchers.

The laboratory is Solvay’s latest investment

in Singapore after Novecare, a global leader in

the specialty surfactants industry, announced

in April 2013 the construction of a large scale

alkoxylation facility.

Evonik Opens Expanded Precipitated

Silica in Thailand 2014/3/19

Evonik Industries A.G. opened its expanded

production for precipitated silica in Rayong. The

firm would not release investment figures, but

said it was in the lower double-digit million

range.

Evonik said the increased capacity will

supply the automotive industry as well as the

food and animal feed and paints and coatings

industries. The firm anticipates growth driven

by demand for fuel-saving tires and life science

applications in Southeast Asia.

“Expanding our manufacturing footprint in

Southeast Asia, Australia and New Zealand

highlights our commitment to this region and

allows us to better serve regional markets with

state of the art products and optimum

solutions,” said Peter Meinshausen, regional

president of Southeast Asia, Australia and New

Zealand.

Evonik said it is one of the leading

manufacturers in silica and has a global

capacity of around 500,000 metric tons per

year for precipitated, fumed silica and matting

agents.

2 / 17



Inoac Moves Foam Production to Sri Lanka from China 2014/4/9

Inoac, a leading Japanese conglomerate, will be investing USD 20

million in Sri Lanka over the coming years as it relocates selected foam

operations to Sri Lanka from China, thus allowing its customers in the

country to save millions in foreign exchange needed for the import of

speciality flexible foams used for apparel and in particular for lingerie.

In addition, Inoac announced it is also considering the establishment

of a world class automotive component operation in the country. Inoac is

a leading tier producer of automotive components for Toyota, Nissan,

Honda, Mitsubishi, Yamaha and several other renowned global brands.

Within Japan, Inoac has almost 60 – 70 % market share in selected tyres,

tubes, and specific automotive components.

“If the Maruti Suzuki assembly project starts here, we will bring our

Japanese automotive component manufacturing right here to Sri Lanka,”

explained Soichi Inoue, Founder and CEO of Inoac Corporation.

Inoac is no stranger to the country – its involvement with Sri Lanka

started as far back as 1959 when it commenced its first joint venture with

Associated Motorways (AMW) in Sri Lanka. Rishad Bathiudeen, Minister of

Industry & Commerce of Sri Lanka, said: “There is no doubt that Inoac’s

re-entry is a great boost for Sri Lanka’s competitiveness in the global

marketplace as well as exports diversification efforts. Therefore on behalf

of our committed President Mahinda Rajapaksa, I thank Inoac Corp. for its

initiatives here.”

“Nearly two years ago

Inoac took the decision

to transfer their

production facility from

China to Sri Lanka to

produce and supply

unique high quality

polyurethane foam to

the giants of the

apparel industry in Sri

Lanka such as MAS, Brandix, Benji and Silueta,” said Ken Miwa, Executive

Managing Director of Inoac Corp, Shinagawa, Tokyo. “We are shifting at

least 20 % of our production from China to Sri Lanka.” MAS is a leading

supplier of lingerie to leading retailers including Victoria’s Secrets.

Although it imports foams, the company now uses novel production

technology to produce moulded polyurethane foam cups.

“Soft foam is a must in making brassieres of high export quality and

Sri Lankan apparel suppliers have been importing the entire volumes to

date,” said Rajiv Dharmendra, CEO of Silueta Ltd., an apparel producer

with Biyagama Export Zone. “From today, there is no need to import. Sri

Lanka produces at least 40 million such brassiere pieces for export

regularly. Due to soft foam now being made in Sri Lanka for the first time,

we believe the cost saving for Sri Lanka is at least USD 5 million annually

in the apparel sector alone and the savings could be higher.”

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Vencorex to Open New Customer Service Centre in

Asia 2014/5/19

Vencorex announced it will officially open a new customer service

centre for the Asia Pacific region on 2 June 2014. After announcing a new

HDI derivatives production unit in Thailand, and the recently opened entity

Vencorex China, the company is now opening its new office in Bangkok.

Vencorex says it has strong ambitions to be a core partner and

solution provider for its customers, and is now extending its global

footprint in order to strengthen its position worldwide in aliphatic

isocyanates.

According to the company, its new customer service offices aim to get

closer to its local customers and enhance their satisfaction level with

providing reactivity and high quality of services to better serve the

specificities of the Asian growing market.

As supplier to the polyurethane industry, Vencorex says it is

combining the development of a local approach with a global strategy to

satisfy customers’ needs wherever they may be.

Clariant Inaugurates Indonesian Investments

2014/6/13

Clariant, a world leader in specialty chemicals, inaugurates

enhancements to its production capabilities and service support for its

customers in Indonesia and South East Asia and Pacific (SEA&P) at an

official ceremony at its Tangerang site on June 12.

The significant increase in production capacity and upgrading of local

facilities will better support the strong growth in demand for pigments,

masterbatches, personal care, home care and industrial care ingredients

in local and overseas markets.

The investments by the Business Units Industrial & Consumer

Specialties, Masterbatches and Pigments highlight Clariant’s commitment

to strengthen its long-term provision of value added services to customers

in Indonesia and SEA&P.

Clariant is represented in eight locations in Indonesia, with

approximately 800 employees across its six production sites and three

application and technical centers. The company is one of the leaders in

Indonesia and SEA&P in the areas of pigments, plastics, oil & gas,

catalysts and edible oil refinery. In 2013, SEA&P accounted for 30% of

Clariant’s sales in Asia and 7% of global sales.

4 / 17



PTT Global Chemical Increases Stake in French Chemical Firm Vencorex 2014/9/12

PTTGC Netherlands, a wholly-owned subsidiary of Thailand's

chemical producer PTT Global Chemical (PTTGC), has acquired Perstorp's

34% stake in French chemical maker Vencorex for an undisclosed amount.

The deal will increase the Thai company's interest in Vencorex to 85%

and strengthens its presence in the downstream polyurethane market.

The acquisition will allow the company to expand production of

Toluene diisocyanate (TDI) and Hexamethylene diisocyanate (HDI) and its

derivatives in order to meet demand in Asian markets.

TDI, HDI and its derivatives are used as feedstock in manufacturing

polyurethanes, which are used in foams and coatings for the automobile

and construction industries.

PTTGC Netherlands has made an initial payment for the stake; the

remaining amount will be calculated based on the performance of

Vencorex Holding during this year and 2015 and will be paid at a later

date.

PTTGC said it will support Vencorex as a R&D centre for isocyanate.

Perstorp president and CEO Jan Secher said: "This financial

transaction is fully in line with Perstorp's long-term strategy to focus on its

core business activities outside the isocyanates market."

Perstorp Holding and PTTGC formed a joint venture in May 2012 and

named it Vencorex Holding.

Following the completion of the latest deal, Perstorp will continue to

support Vencorex as the new strategy is being implemented and the

transaction will enable Vencorex to invest in downstream isocyanates.

PTTGC operations comprises upstream business with a petrochemical

capacity of 8.2 million tonnes per year and a petroleum products capacity

of 228,000 barrels per day; downstream business, which includes

polymers; EO-based performance; green chemicals and high-volume

specialties.

5 / 17



Bayer’s Polyurethane Composite Panels May Make a Million Malaysian Homes 2014/8/20

Two prototype houses will be constructed at

the Industrialised Building Show Village in

Kuala Lumpur thanks to a Bayer Material

Science innovation.

The Germany-based company is

collaborating with the Construction Industry

Development Board (CIDB) to providing

affordable housing solutions in the Malaysian

capital.

Constructed using Bayer’s lightweight

polyurethane composite panels, the project is

designed to tackle the country’s housing crisis

and helps the government reach its target to

build one million properties.

CIDB CEO Judin Karim said: “From an

environmental perspective, buildings globally

are responsible for some 40% of the annual

energy consumption and up to 30% of

energy-related greenhouse gas emissions.

“Since we are among the industry experts

here today, the building and construction

industry can deliver significant cuts in

emissions,” Karim added.

The model houses will be built on a 185m2

site which CIDB provided and are expected to

be completed by October 2014. Malaysian

private limited companies Wyndham Homes

and PU Profile were also named as contributing

partners.

“From a social and economic standpoint,

affordable housing can directly tackle housing

shortage with large scale, comfortable and

affordable solutions to meet the need of both

low income sectors of the population as well as

society at large,” he said.

CIDB aims to drive energy-efficiency and

sustainable technologies within the

construction industry.

6 / 17



Momentive Adds Silicone and Coatings Production Capacities at Thailand Plant 2014/11/31

Momentive

Performance Materials

has added liquid

silicone rubber (LSR) and release coating production capabilities at its

manufacturing facility in Rayong, Thailand.

The new

production capabilities

allow the company to cater to the demand for speciality chemicals in the

Asian market.

Momentive Performance Materials commissioned the two plants

during the 10th anniversary celebration of the Rayong plant, which

manufactures silicone and sealant products.

Momentive interim president and CEO Jack Boss said: "Our new

capabilities in Rayong are a great example of how Momentive will continue

to serve our customers around the world and grow our leading silicones

and quartz businesses.

"We will continue to build on our 75-year heritage of continually

driving innovation across our speciality chemicals portfolio and providing

customers around the globe with value-added and differentiated products

and services."

LSR is primarily used in automotive, aerospace, energy, healthcare

and consumer products industries.

The silicone-based release coatings are used in manufacturing liners

that help protect the adhesive on tapes and labels.

Coatings are used in a wide range of applications, including thermal

transfer tapes, consumer product labels, stamps, diaper tabs, roofing

shingles and industrial tapes.

BASF to Sell Shares in ELLBA Eastern to JV Partner Shell 2014/12/19

Long-term supply agreement for propylene oxide signed

BASF and Shell have reached an agreement for BASF to sell its share

in the 50-50 joint venture ELLBA Eastern, Jurong Island, Singapore to

Shell. The joint venture, which is operated by Shell, produces styrene

monomer and propylene oxide. Financial details of the transaction were

not disclosed. Closing is planned for December 31, 2014.

BASF remains globally committed to propylene oxide and its

respective value chains. Therefore, as part of the agreement, BASF and

Shell have signed a supply contract to provide BASF with the necessary

volumes of propylene oxide.

7 / 17



ELLBA Eastern started production in 2002. The plant is fully integrated

into the Shell site on Jurong Island, Singapore, and has an annual capacity

of 250,000 metric tons of propylene oxide and 550,000 metric tons of

styrene monomer. The ELLBA joint venture between Shell and BASF in

Moerdijk, the Netherlands, is not affected by the transaction.

PUdaily has published SE Asia & India PU Bi-weekly Reports, which specially

focus on Isocyanates and Polyols analysis of SE Asia and India market.

The biweekly covers Indonesia, Malaysia, Singapore, Thailand, Vietnam and

India. Besides the timely pricing info, facilities’ news of local market, it also

contains detailed import and export data of each country, which is highly weighed

by PU insiders.

To get free samples of Isocyanates at

http://www.pudaily.com/tgimg/2014/12/SE_Asia_&_India_Isocyanate_Market_Analysis-Trial_Sample.pdf

and Polyols at

http://www.pudaily.com/tgimg/2014/12/SE_Asia_&_India_Polyols_Market_Analysis-Trial_Sample.pdf

8 / 17



http://www.pudaily.com/tgimg/2014/12/SE_Asia_&_India_Isocyanate_Market_Analysis-Trial_Sample.pdf

http://www.pudaily.com/tgimg/2014/12/SE_Asia_&_India_Polyols_Market_Analysis-Trial_Sample.pdf

BASF Breaks Ground on $50m Innovation Campus in Mumbai, India

BASF India Ltd Proposes to Transfer Import and Distribution Business of Glasurit

Bayer Inaugurated New Head Office in Thane, India

Bayer MaterialScience to Boost TPU Production in India

Clariant Expands Pigments Production Facility in Roha to Better Serve its Customers in India

Clariant Opens R&D Centre in India

Brenntag Acquires India Distributor Pioma Chemicals

Huntsman Inaugurates New India Subcontinent Headquarters in Mumbai

India Extended Anti-dumping Against China and Sth Korea Polyols

India launches Anti-dumping Probe into Chemical Imports from China and Switzerland

India GNFC TDI Plants Dynamic in 2014

Sika Inaugurated its Sixth R&D Center in Gujarat, India

Tata Autocomp and Magna Enter into a Joint Venture

Wacker Invests € 500,000 on Indian Silicone Technical Centre Expansion

9 / 17



BASF Breaks Ground on $50m Innovation

Campus in Mumbai, India 2014/12/12

German chemical company BASF has broken

ground on its €50m Innovation Campus in Navi

Mumbai, India.

Construction of the campus is part of the

company's plan to expand its research and

development (R&D) network in the region.

The facility will house approximately 300

scientists to conduct research in areas like crop

protection, process development and polymer

research.

BASF Innovation Campus (Mumbai) will be

the second major research centre in the region

after the R&D centre in Shanghai.

BASF vice-chairman of the board of

executive directors Martin Brudermüller said:

"The Asia Pacific region faces enormous

challenges that we address with innovation from

chemistry.

The campus will house 20,000m² of

technical facilities, logistics areas, an auditorium,

canteen and employee amenities areas, as well

as scientific facilities.

Brudermüller added: "Along with this

important new investment in the BASF

Innovation Campus (Mumbai), we are also

establishing specialised research facilities in Asia

Pacific in the areas of electronic materials,

battery materials, catalysis, mining, water

treatment, polymers and materials."

The R&D development campus will support

BASF's Performance Chemicals, Care Chemicals,

and Pigments & Dispersions businesses.

BASF India Ltd Proposes to Transfer Import and

Distribution Business of Glasurit 2014/12/19

BASF India Ltd:Informs BSE that company

on Dec. 16, signs a Memorandum of

Understanding with Wurth India Private Limited

(Wurth) to transfer its Import and distribution

business of Glasurit, an automotive refinish paint

brand in India, subject to receipt of requisite

approvals as may be necessary.

Company will sign a definitive agreement for

transfer of this business on or before Jan. 31,

2015.Transfer of import and distribution

business of Glasurit to Wurth is not considered

material as compared to the turnover of

company for financial year ended March 31, and

hence there is no material impact on overall

growth of company.

Bayer Inaugurated New Head Office in Thane,

India 2014/04/11

Bayer in India now has a new head office:

Spread over 15,300 square meters, the new

"Bayer House" brings together 800 employees

from all subgroups under one roof. Professor

Wolfgang Plischke, member of the Bayer Board

of Management responsible for the Asia/Pacific

region, officially inaugurated the new office in

Thane.

Bayer House is a LEED (Gold) certified

building, which means that it fulfills all

10 / 17



stipulations laid down for energy-saving and

conservation to make it a sustainable building.

This includes standards in power saving, having

a sewage treatment plant, and carpet use in the

building. Some of the materials used, i.e. the

polyurethane flooring and light fixtures, are

made using materials from the Bayer

MaterialScience business in India. The two-level

basement parking lot can accommodate 340 cars,

a rare feat in a city where space is at such a

premium.

Bayer MaterialScience to Boost TPU Production in

India 2014/9/11

Bayer MaterialScience has unveiled plans to

add a second thermoplastic polyurethane (TPU)

production line at its facility in Cuddalore in the

state of Tamil Nadu, India.

The proposed project is part of the

company's strategy to cater to the increasing

demand for TPU in the region.

With this project, Bayer MaterialScience's

yearly production capacity at the Cuddalore

plant will increase to 6,000t from the current

2,500t.

The addition of the new production line is

expected to be completed by the second-quarter

of 2015.

The facility supplies TPU under Bayer's

Desmopan brand and caters to the Indian

market, as well as exports to European markets.

Bayer MaterialScience TPU business head

Marius Wirtz said: "The planned increase of our

local capacity is an important milestone to

continuously support our customer's growth with

custom-made TPUs in high-quality and with

short lead times."

Bayer MaterialScience produces polymer

materials, and serves the automotive, electrical

and electronics, construction and the sports and

leisure industries.

As of 2013-end, the company operated 30

manufacturing plants and had a workforce of

14,300.

Clariant Expands Pigments Production Facility in

Roha to Better Serve its Customers in India

2014/9/23

Clariant, one of the world leaders in

specialty chemicals, has announced the

inauguration of an important new extension to

its production facility in Roha, south-east of

Mumbai, India. The expansion doubles its

capacity at the facility for pigments and pigment

preparations. This higher output will enable the

company to increase its market coverage in India

and the neighboring countries of Bangladesh and

Sri Lanka, and to provide products better tailored

to customer needs.

The increase in capacity has been made

possible with the introduction of the very latest

11 / 17



equipment for high-end pigment preparation.

The improved plant, in which Clariant has

invested CHF 3.2 million (INR 20 crores), forms

part of a strategic program that the company has

been carrying out in recent years to support

customers in emerging markets with high quality

pigments and pigment preparations that comply

with local and international eco-labeling

schemes.

Pigments and pigment preparations

produced at the Roha plant are for a wide range

of applications, including interior and exterior

coatings, packaging, personal, home and fabric

care products seed coatings, and dispersions for

printing.

"The capacity expansion in pigments and

pigment preparations will support our dynamic

growth in the domestic Indian market for high

quality, environmentally safer colorants and

point of sales tinters used by our customers in

coatings, printing and other special applications

where we continue to experience double digit

growth", commented Marco Cenisio, Senior Vice

President & General Manager Business Unit

Pigments, Clariant.

Last year, Clariant's Pigments Business Unit

doubled its marketing and sales organization in

Asia. It has strengthened its team of Regional

Product Managers for both pigments and

pigment preparations to support the growing

number of customer requests. The Pigments

Business Unit continues to bring new and

innovative materials to the market, with a strong

emphasis on environmental aspects and

sustainability.

Clariant Opens R&D Centre in India

2014/10/20

Speciality chemicals firm Clariant has

opened a new R&D centre in Navi Mumbai in the

Indian state of Maharashtra.

The Regional Innovation Centre in India (RIC

India) is said to be the company's first such

facility in the country.

It includes research, application

development and analytical laboratories, as well

as business functions and technical marketing.

The RIC will conduct research on surfactants,

speciality polymers and functional chemicals. It

will employ approximately 100 technical

employees in chemical research and application

development.

The RIC India will complement Clariant's

global innovation network in Switzerland, and

will use Clariant's four technology platforms,

including chemistry and materials,

biotechnology, catalysis, and process

technology.

Clariant opened new laboratories for its oil

services and pigments operations in Shah Alam,

Malaysia, last month.

12 / 17



Brenntag Acquires India Distributor Pioma

Chemicals 2014/9/9

Brenntag, the global market leader in

chemical distribution, has signed an agreement

to acquire the specialties chemicals distribution

business of Pioma Chemicals, a leading

distributor of specialty excipients and functional

ingredients to the pharmaceutical, personal care

and food industries across India. The transaction

will be structured as an asset deal and the

acquired business will become part of Brenntag

India, headquartered in Mumbai.

With this acquisition Brenntag is further

strengthening its growing business in India by

expanding the local and regional strategic

supplier and customer relationships and

improving the product portfolio of additional high

quality products.

Henri Néjade, President and CEO of Brenntag

Asia Pacific: “This acquisition enables us to

expand our position in the Indian specialties

distribution market even further, following our

successful acquisition of the Zytex distribution

business last year. India is one of the largest

distribution markets in Asia and the expansion of

our business proves once more our commitment

to this region and to our business partners

operating in this region. This new business will

broaden our product portfolio and therefore

facilitates an acceleration in the growth of

Brenntag in India.”

The acquired business is expected to

generate total sales of approximately EUR 17.2

million. Closing of the transaction is expected in

the course of September 2014.

Huntsman Inaugurates New India Subcontinent

Headquarters in Mumbai 2014/11/4

Huntsman Corporation (NYSE: HUN) today

inaugurated its new India corporate office, in

Andheri, Mumbai. The 220,000 square feet,

seven story building will initially house some 300

Huntsman associates, including over 100

technical staff spread across three floors of

state-of-the-art laboratory and research

facilities.

The ceremony was led by Peter R. Huntsman,

President and Chief Executive of the Huntsman

Corporation, and was attended by Huntsman

officers, associates, customers, suppliers and

other key stakeholders.

Commenting on the importance of the new

headquarters to Huntsman’s ambitions in the

Indian subcontinent, Peter R. Huntsman said

“This opening is an important milestone in our

continued growth and commitment to the Indian

market. Our family and employees have been

building a business in the Indian subcontinent for

over 25 years and today enjoy a strong,

profitable and growing organization in excess of

$500 million. Our continued success will depend

on the quality and creativity of our local

associates and this site will enable better

technical, customer service, and development

opportunities going forward. Many of our

products and innovations are unique to the

subcontinent's needs. We look forward to seeing

continued growth as this market expands.”

Huntsman has sales of approximately $500

13 / 17



million in the subcontinent, and has more than

1,000 associates based in the region. It has

manufacturing facilities in Baroda and

Ankleshwar in Gujarat, manufacturing textile

chemicals and dyes and surfactants, and in Pune,

manufacturing polyurethane systems.

India Extended Anti-dumping Against China and

Sth Korea Polyols 2014/11/19

PUdaily, Shanghai-India Central Board of

Excise and Customs (CBEC for short) have

announced to extend anti-dumping measure

against flexible slabstocks polyols (FSP) from

China (including Taiwan) and South Korea till

August 30, 2015.

FSP is an important raw material to make PU

foam that can be used for production of furniture,

auto seats and packaging, etc.

As India local media reported in Sept, the

Designated Authority had in end-August initiated

a second sunset review of FSP imports from

China, South Korea and Chinese Taiwan.

But other grades of polyols such as rigid,

polymer and HR polyols are free from this

measure originated from China (including

Taiwan) and South Korea.

Data showed from China and South Korea, in

the first nine months of 2014, mainland China

totally exported 25,250 tons while South Korea

exported 23,304 tons of polyols.

Manali Petrochemical is the leading polyols

producer in India with capacity of 50,000

tons/year and the other producer is Expanded

Polymer System with capacity of 27,000

tons/year.

India anti-dumping against FSP from Japan

and United States ended in February, 2014.

Finally, local tribunal was said to be making

decision on anti-dumping against FSP from

Singapore.

India launches Anti-dumping Probe into

Chemical Imports from China and Switzerland

2014/7/31

The Directorate General of Anti-Dumping

and Allied Duties (DGAD), an arm of the

Commerce Ministry of India, has launched an

anti-dumping probe over imports of

Diketopyrrolo Pyrrole Pigment Red 254 from

China and Switzerland.

The move comes after a domestic producer

filed a petition with DGCA over alleged dumping

of the chemicals into India.

Diketopyrrolo Pyrrole Pigment Red 254 is a

chemical primarily used in the paint industry.

DGAD said that it has found sufficient

evidence of dumping from China and

Switzerland.

DGAD was quoted by the Press Trust of India

as saying that the DGAD "hereby initiates an

investigation into the alleged dumping and

consequent injury to the domestic industry ... to

determine the existence, degree and effect of

any alleged dumping, and to recommend the

amount of anti-dumping duty, which if levied

would be adequate to remove the 'injury' to the

14 / 17



domestic industry."

The agency is verifying the import data from

January 2013 to December 2013 and will also

consider the data of 2010-11 and 2011-12 to

evaluate its impact on domestic producers.

Following the investigation, DGAD could

recommend an anti-dumping duty, which will be

imposed by the Finance Ministry.

India GNFC TDI Plants Dynamic in 2014

2014/12/31

According to local

newspaper, the new

toluene diisocyanate (TDI)

plant of Gujarat Narmada

Valley Fertilizer Company

Limited (GNFC) with a

capacity of 50 kt located in Rahiad village near

Dahej was issued a closure order by the

industrial safety department of Gujarat

government after an incident of leakage of

phosgene gas from the plant on Jan. 9 night that

left over 15 employees ill.

Deputy Director, industrial safety

department, Bharuch, V J Patel told TNN, "There

was negligence on the part of GNFC. A transfer

valve failed to develop the required pressure at

the plant.

The plant has been off-line since then

despite several restarting plans announced by

the company in Q2 and Q3 which turned to be

changed.

GNFC's the other plant with capacity of 17 kt

in Dahej had maintenance from April 13 to May 3

and is now running regularly.

Sika Inaugurated its Sixth R&D Center in Gujarat,

India 2014/6/19

Sika continues to strengthen its position in

India with the inauguration of its sixth

manufacturing facility and R&D Center in

Jhagadia, Gujarat. The new facility, located in

the western part of India, will focus on concrete

admixtures, mortars, resin floors and adhesives

for the booming construction market.

Comprehensive R&D facilities and a Technical

Center complement the new premises, according

to press release from the company on June 16.

With the opening of the Jhagadia plant, Sika

has reached another milestone in the expansion

of its supply chain in major growth markets. With

11 branch offices and

now six production

sites, the company is

well represented in

the emerging market

of India.

Jan Jenisch, CEO

of Sika, comments: “Sika is strongly committed

to implementing the Strategy 2018 targets – one

of which is the accelerated expansion of our

supply chain in emerging markets in order to

seize untapped business opportunities. Following

the opening of the Surabaya plant in Indonesia

just one month ago and the recent inauguration

of the Jhagadia plant with its strong R&D

activities in India, Sika has successfully

extended its presence in two of the world’s most

populous countries which are home to major

infrastructure and construction projects.”

15 / 17



Tata Autocomp and Magna Enter into a Joint

Venture 2014/10/11

Tata AutoComp Systems Limited and Magna

International

Inc. have

signed a 50/50

joint venture

agreement to

provide seating

systems to the

Indian

commercial vehicle industry.

The JV will be focused on delivering

innovative seating systems to commercial

vehicle manufacturers as well as buses. The JV

will be headquartered in Pune, Maharashtra,

India, and will supply seating systems to

customers in India.

Ajay Tandon, MD & CEO of Tata AutoComp

Systems Limited, said, “Tata AutoComp has

always been the front runner in offering cutting

edge technologies to its customers through its

partners. This partnership with Magna will

expand our portfolio to now bring the latest in

seating systems to the Indian commercial

vehicle industry.”

Tata AutoComp currently has four JVs with

leading companies from the global automotive

component industry and operates 29

manufacturing locations in India and one in

China. Magna is a global automotive supplier

with 317 manufacturing facilities and 83 product

development, engineering, and sales centers in

29 countries.

Wacker Invests € 500,000 on Indian Silicone

Technical Centre Expansion 2014/1/17

German chemical group Wacker is

strengthening its presence in India by opening

its expanded technical center for silicone

products in Amtala near Kolkata on Jan. 15.

The company said the technical center is

operated by the joint venture Wacker Metroark

Chemicals Pvt. Ltd. The center now contains

state-of-the-art applications technology and test

equipment for silicone products in the textiles,

personal care and construction industries. The

investment amounts to about $680,257.

Wacker Metroark Chemicals is

headquartered in Kolkata and responsible for

production, marketing and sales activities in the

Indian subcontinent relating to Wacker silicone

products. The joint venture—in which Wacker

has a 51 percent stake—was set up in 1998 and

is active in India's "most important" trade

centres with sales offices in Delhi, Mumbai,

Kolkata, and Chennai, as well as in Dhaka in

Bangladesh.

"Wacker and Metroark have been working

together with great success for over a decade,"

said Soumitra Mukherjee, managing director of

Wacker Metroark Chemicals. "With our range of

high quality silicone products, we are already

market leaders in many industries in India today.

And with the new labs, we are able to offer our

customers even more effective local support."

Key markets for Wacker Metroark Chemicals

are the textile, personal care, construction,

coatings, transmission and distribution,

automotive, plastics, adhesives, and packaging

sectors. The company also markets Wacker

sealants, silanes and pyrogenic silica in India.

The joint venture's current workforce in India

consists of over 180 employees.

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