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Jay Polychem India News - Supply Disruption Throttles Japan's Petrochemical Market
http://news.jaypolychem.com/news/SUPPLY-DISRUPTION-THROTTLES-JAPANS-PETROCHEMICAL-MARKET.html
Supply Disruption Throttles Japan's Petrochemical Market. 24 Mar 2011 - With production of key petrochemicals in Japan hamstrung by the March 11 earthquake and tsunami, prices of plastic materials and other products have begun to climb. Mitsubishi Chemical Holdings Corp.'s (TSE:4188) ethylene plant in Ibaraki Prefecture has been knocked out of commission, and the firm does not know when production can resume there, according to President Yoshimitsu Kobayashi. Companies that did not suffer damage to their...
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Jay Polychem India News - India pays Iran $2.8 bn to clear import dues
http://news.jaypolychem.com/news/India-pays-Iran-2billion-crude-oil-dues.html
India pays Iran $2.8 bn to clear import dues. 4 Mar 2011 -India has paid 1.5 billion ($2.08 billion) to clear pending dues for buying crude oil from Iran, oil minister S Jaipal Reddy said. India? S crude oil imports from Iran faced an impasse for over three months after the Reserve Bank of India (RBI) declared that a regional clearing house that involved the Iranian central bank could no longer be used to settle oil and gas transactions between the two countries. Mr Reddy told the Lok Sabha.
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Jay Polychem India News - Plastics that repairs itself
http://news.jaypolychem.com/news/Plastics-that-repairs-itself.html
Plastics that repairs itself. According to Telegraph.co.uk, Graham Armstrong, corporate director of research, development and innovation at AkzoNobel, said: "We are working on polymers that are able to heal themselves. They use supramolecular chemistry, which exploits some of the lessons we have learned from the way proteins bind together in biology. It means we can have solids that genuinely can heal.".
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Jay Polychem India News - BP partners Reliance in RM22b Indian oil hunt
http://news.jaypolychem.com/news/BP-partners-Reliance-in-RM22b-Indian-oil-hunt.html
BP partners Reliance in RM22b Indian oil hunt. 22 Feb 2011 - BP lined up one of the biggest foreign direct investments in India to date with a US$7.2 billion (RM21.8 billion) tie-up with the country's Reliance Industries to explore for deepwater oil and gas. This marks the second major deal under BP's new chief executive Bob Dudley, who last month agreed a share swap with Russia's state-controlled Rosneft to jointly explore the Arctic for offshore oil and gas. BP will take a 30 per cent stake in 23 oil a...
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Jay Polychem India News - Haldia Petrochemicals Ltd to invest 4,000 crore
http://news.jaypolychem.com/news/Haldia-Petrochemical-Ltd-to-invest-4000-crore.html
Haldia Petrochemicals Ltd to invest 4,000 crore. 31 May 2011 - Haldia Petrochemicals Ltd (HPL) is planning to invest Rs 4,000 crore in eight new product lines, some of these would be through joint venture with technical partners, HPL vice-chairman Purnendu Chatterjee, who is also the chairman of The Chatterjee Group (TCG), said on Monday. According to him, HPL would require to induct technical partners for some product lines. "In some products, we need technical partners and they will ask for equity ...
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Jay Polychem India News - Engineers India Ltd (EIL) to partner with Saudi group
http://news.jaypolychem.com/news/Engineers-india-ltd-to-partner-with-saudi-group.html
Engineers India Ltd (EIL) to partner with Saudi group. 27 May 2011 - State-run engineering consultancy firm Engineers India Ltd (EIL) is tying up with a major Saudi Arabian group to jointly bid for contracts in the West Asian country that is dominated by US and European majors.
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Jay Polychem India News - PDFs protest bringing MRPL project to standstill
http://news.jaypolychem.com/news/PDFs-protest-bringing-MRPL-project-to-standstill.html
PDFs protest bringing MRPL project to standstill. Contractors who have mobilized heavy equipment and people are suffering huge losses by the day. Trouble erupted after 1,063 job aspirants for MSEZ found that there is a time lag in entering into employment due to the gestation period for industries/companies to set up shop in the MSEZ. This has lead to serious discontent and agitation with matters taking a turn for the worse for MRPL on May 25, when agitators blocked nine over-dimensional cargos.
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Jay Polychem India News - Budget Highlights 2011-2012
http://news.jaypolychem.com/news/Union-budget-highlights-2011-2012.html
Service tax rate kept at 10%. Service tax widened to cover hotel accommodation above Rs 1,000 per day, A/C restaurants serving liquor, some category of hospitals, diagnostic tests. Rs 40,000 crore to be raised through disinvestment in 2011-12, FDI policy will be liberalized further. Tax sops of Rs. 20,000 for investment in Infra bonds.
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Jay Polychem India News - Thailand Apex Petrochemicals to Seek IPO
http://news.jaypolychem.com/news/Thailand-Apex-Petrochemicals-to-Seek-IPO.html
Thailand Apex Petrochemicals to Seek IPO. 23 Feb 2011 - Thai Based Apex Plastics Group is seeking to IPO in 2011 and with turnover exceeding $300m USD in 2011 the IPO should gain the interest of regional investors. The company also plans to open a 150,000 brl a day Oil Refinery. Apex Plastics will IPO under the name Apex Petrochemicals International and is considering Singapore and Hong Kong as the primary exchange. Apex Operates 4 Divisions and will add a large scale oil refinery. AO Chemicals are produ...
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Jay Polychem India News - HPCL scouting for new international partners
http://news.jaypolychem.com/news/HPCL-scouting-for-new-international-partners.html
HPCL scouting for new international partners.
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