US refiners, chemical makers pare insurance coverage as accidents boost costs

(Reuters) – U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said. FILE PHOTO: A process tower flies through the air after exploding at the TPC Group Petrochemical Plant, after an earlier massive explosion sparked a blaze… Continue reading US refiners, chemical makers pare insurance coverage as accidents boost costs

Genomatica achieves milestone in nylon sustainability

30 Jan ’20 Genomatica produced a ton of renewable nylon intermediate at ACIES BIO in Slovenia. Pic: Genomatica Eighty years after nylon’s first commercial production, clean manufacturing technology leader Genomatica has achieved a new milestone for the material. It has produced the world’s first renewably-sourced ton of the key ingredient for nylon-6, made from plants… Continue reading Genomatica achieves milestone in nylon sustainability

India is facing an environmental crisis. But you wouldn’t know from reading papers and watching TV

Let me begin by stating the obvious: India is not New Delhi. Yet, for the moment, at least for the media, it is. Not so for people in the rest of this vast and diverse country.So, even as India’s capital heats up with the impending election to the Delhi Assembly, and is already on fire… Continue reading India is facing an environmental crisis. But you wouldn’t know from reading papers and watching TV

China virus scare: Indian chemical stocks likely to gain

Mumbai: India’s chemical manufacturers are likely to benefit if the coronavirus crisis continues to spread and impacts production in Hubei region of China, said JM Financial. The brokerage said dye intermediate companies like Aksharchem, Meghmani, Kiri Industries and Bhageria Industries could benefit. “The Coronavirus, which if it continues to spread, could impact production in Hubei… Continue reading China virus scare: Indian chemical stocks likely to gain

Use rallies to get out of Cummins, avoid Tata Motors: Dipan Mehta, Elixir Equities

Stock Analysis, IPO, Mutual Funds, Bonds & More Dipan Mehta, Founder & Director, Elixir Equities, says he does not have much expectation from the Budget and keeping that in mind, not looking at any trading or investing strategies.ET Now|Last Updated: Jan 29, 2020, 05.17 PM IST|Original: Jan 29, 2020, 05.17 PM ISTETMarkets.comCummins India: Get Out… Continue reading Use rallies to get out of Cummins, avoid Tata Motors: Dipan Mehta, Elixir Equities

This small-cap has gained over 3500% in 10 years; target price up by Rs 380

Updated : January 29, 2020 02:45 PM IST The smallcap chemicals company’s shares touched a new all-time high of Rs 1,350.6 per share in trade on Wednesday, rising 3.2 percent. The Indian amines industry is largely oligopolistic and AACL is one of the leading players with over 100 products. So far this year, AACL share… Continue reading This small-cap has gained over 3500% in 10 years; target price up by Rs 380

Indian chemical makers may gain from China virus lockdown: JM Financial

MUMBAI : The worsening coronavirus crisis has emerged as a threat to global economic growth. But if it leads to disruption in production of chemicals in China’s Hubei province, the epicenter of the outbreak, then it may benefit Indian manufacturers, according to JM Financial. Hubei has a large chemical industry, and the closure in 2016… Continue reading Indian chemical makers may gain from China virus lockdown: JM Financial