Chemical | December 07, 2025
Hexion sells US Gulf Coast formalin biz
The divestiture represents a major step in Hexion’s transformation into a global leader in technology-driven, cellulose-based performance materials
The divestiture represents a major step in Hexion’s transformation into a global leader in technology-driven, cellulose-based performance materials
Kandla Formalin Ltd. has proposed to set up a new plant at Vasna in Gujarat\'s Ahmedabad district at a cost of Rs 46 crore.
Payment is expected to be completed by 31st December 2025
The company said that securing profitability at these plants has become extremely difficult
GTZ (India) Pvt Ltd has approached the Ministry of Environment and Forests in connection with its proposed plan to set up a 15,000 MT/KL capacity organic synthetic plant at Khariberia in West Bengal\'s South 24 Parganas district.
Assam Petrochemicals Ltd. has proposed to set up a 500 TPD methanol, 200 TPD acetic acid and a 5 MW power plant (natural gas based turbine) at Namrup in Assam\'s Dibrugarh district in the land area adjacent to its methanol and formalin manufacturing
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