THE Designated Authority in the Commerce Ministry has recommended the imposition of provisional anti-dumping duty on all imports of methylene chloride from the European Union (EU), South Africa and Singapore.
Methylene chloride is a colourless, volatile liquid with chloroform-like odour. It
is used in photo films, bulk drugs and pharmaceutical industry. It is also used in the manufacture of foam, fumigants and agrochemicals. It is mainly used as a paint stripper.
In its preliminary findings, the authority has recommended a provisional anti-dumping duty of $159.20 per tonne on bulk imports of methylene chloride from LII, Europe Gmbh. A provisional anti-dumping duty of $159.20 per tonne has been recommended on methylene chloride (bulk) exported by Ineos Chlor and all other exporters from the EU.
In the case of South Africa, a provisional anti-dumping duty of $181.74 per tonne has been recommended on all imports of methylene chloride from that country. The authority has also recommended a provisional anti-dumping duty of $77.87 per tonne on methylene chloride imports from Singapore.
Industry sources said that Gujarat Alkalies & Chemicals Ltd (GACL) had filed the petition seeking anti-dumping probe on methylene chloride imports from the EU, South Africa and Singapore. The other two producers of methylene chloride in the country are SRF Ltd and Chemplast Sanmar Ltd, Chennai
more detailsPENTAGON CHEMICAL
Friday, December 28, 2007
Wednesday, December 26, 2007
"Chemical Industries" Plea to State Government
CHENNAI: Chemical Industries Association has urged the State Government to make a distinction between molasses used by chemical industries as raw material and that for other uses under the upcoming value-added tax regime.
Association president and member of High-Level Task Force for Industrial Development, P.K.N. Panicker said a representation in this regard had been made to Chief Minister M. Karunanidhi. He said molasses used as raw materials in industrial use would conform to the Item 67 of the First Schedule-Part B of the VAT notification, which says "industrial inputs for use in or in connection with the manufacture of goods in the State, packing materials and labels as notified by the government." Molasses, however, have been classified under the Second Schedule — item 10 with 30 per cent tax rate — without making any differentiation between the raw material used for industrial use and that goes for production of alcohol for beverages.
Even under the Tamil Nadu General Sales Tax regime, a clear distinction was made between the two types of molasses with the raw material for industrial use levied relatively less tax, according to Mr. Panicker
who one interested for more details in chemicals please visit our website : PENTAGON CHEMICAL
Association president and member of High-Level Task Force for Industrial Development, P.K.N. Panicker said a representation in this regard had been made to Chief Minister M. Karunanidhi. He said molasses used as raw materials in industrial use would conform to the Item 67 of the First Schedule-Part B of the VAT notification, which says "industrial inputs for use in or in connection with the manufacture of goods in the State, packing materials and labels as notified by the government." Molasses, however, have been classified under the Second Schedule — item 10 with 30 per cent tax rate — without making any differentiation between the raw material used for industrial use and that goes for production of alcohol for beverages.
Even under the Tamil Nadu General Sales Tax regime, a clear distinction was made between the two types of molasses with the raw material for industrial use levied relatively less tax, according to Mr. Panicker
who one interested for more details in chemicals please visit our website : PENTAGON CHEMICAL
Vaccum Salt
Product : Vaccum Salt (Sodium Chloride)
DESCRIPTION
Vacuum salt is white soft lumps, free from visible contamination with extraneous adulterants and impurities.
APPLICATION
Salt is used in preparing salt to salt saturated salt water muds. These muds are used to keep salt sections in gauge while drilling. Salt is also used for stabilizing troublesome shale formations. Low solids muds with densities up to 10 ppg are also prepared by dissolved salt.
DESCRIPTION
Vacuum salt is white soft lumps, free from visible contamination with extraneous adulterants and impurities.
APPLICATION
Salt is used in preparing salt to salt saturated salt water muds. These muds are used to keep salt sections in gauge while drilling. Salt is also used for stabilizing troublesome shale formations. Low solids muds with densities up to 10 ppg are also prepared by dissolved salt.
Monday, December 3, 2007
Acids Prices are upward
Acids News
Sulphuric Acid prices are upward from 1st December 2007
onwards, due to the international market sulphur price is
in high as well as major acids producing company are not
tollarating the revision and various reaseon their
production temporarly shout down ie twocompanies are shout
down.
In this situation affected southern india. One Major comany
producing sulphuric Acid and they are asking immediate payment
as well as cash and carry it affects price would be Basic price
8500 Per MT + ED + vat tax + Freight.
The enduser all are struggling for un availability of
Sulphuric acids in southern india particularly steel
industries are mostly affected abnormal increases.
PENTAGON CHEMICAL">
Sulphuric Acid prices are upward from 1st December 2007
onwards, due to the international market sulphur price is
in high as well as major acids producing company are not
tollarating the revision and various reaseon their
production temporarly shout down ie twocompanies are shout
down.
In this situation affected southern india. One Major comany
producing sulphuric Acid and they are asking immediate payment
as well as cash and carry it affects price would be Basic price
8500 Per MT + ED + vat tax + Freight.
The enduser all are struggling for un availability of
Sulphuric acids in southern india particularly steel
industries are mostly affected abnormal increases.
PENTAGON CHEMICAL">
Tuesday, November 20, 2007
Chennai Chemicals Traders likely to go Redhills area
The chennai chemical traders are trading their products
Likely in Govindappa Naicken Street,Nyniappa Naicken Street,
Kothawal Bazzar, Mint street and parrys corners as well as
Verpery areas.
Shop-filled streets bustling with activity, vehicles,
pedestrians and roadside vendors, buildings that house
businesses as old as Chennai itself... that's Parry's for
you. Nyniappa (Naicken) Street near `Kandakottam,' the
centuries-old Murugan Temple, is one such street that
makes the area — the city's oldest central business
district — what it is.Near the temple a row of shops
sell household goods ranging from stainless steel and
aluminium vessels to rattraps. An assortment of smells,
from the pleasant to the pungent and acidic,fills the air.
This is the centre for retail and semi wholesale
chemical trade. Nyniappa (Naicken) Street and the
neighbouring Govindappa (Naicken) Street, where the
wholesale business is concentrated,together account for
more than 90 per cent of the chemicaltrade in Chennai and
some of the offices are situated in Govindappa Naicken
Street and their godown activities are in out of chennai
likely madhavaram and korrukupet in these godown consumers
are struggling to take materials.
According to the Tamil Nadu Dyes and Chemical Merchants
Association,in its Golden Jubilee this year, a majority
of the city's 400 chemicals traders are present in the two
streets. The shops not only sell domestic stocks but also
imported material from global firms.
The chemical business concentrated here when some of the earliest
settlersthe Marwaris' used their contacts among chemical manufacturers
in Gujarat and Maharashtra to bring in supplies. Initially, the range
was modest,some household cleansers, detergents and bleach. With time
the region grew into a major centre for chemicals, catering even to
industrialneeds. Today, the two streets form an extended mall that most
small-scale manufacturers needing chemicals come to, whether they need
chemicals in small packs or by the barrel loads. However, the congestion
has its drawbacks, chief among them the hazard of stocking large amounts
of chemicals in an area that has a mixture of shops and residences.
In this situation buyers have the convenience of shopping for
all their needs in one place. The shops cater to educational
institutions,research and development organisations, and industries.
Buyers come from all the southern State of the tamilnadu.
New storage complex coming up in the north madras outside//
The Tamil Nadu Dyes and Chemical Merchants Association is setting
up a Rs 10-crore chemical storage complex at Paisampakkam village
near Red Hills to the north of Chennai.
The merchants have been allotted land to set up storage facilities.
But they can continue trading at their existing shops. The association
has sought support from the State Government in the form of better
approach roads, power connection and quick clearance for licences.
The association has purchased over 540 grounds (2,400 sq ft a ground),
laid roads and allocated over 420 plots. Traders are mentally prepared
to shift in line with the Chennai Corporation's proposal to allow shops
to continue trading and shift the storage areas.
who one interested visit our website : PENTAGON CHEMICAL
Likely in Govindappa Naicken Street,Nyniappa Naicken Street,
Kothawal Bazzar, Mint street and parrys corners as well as
Verpery areas.
Shop-filled streets bustling with activity, vehicles,
pedestrians and roadside vendors, buildings that house
businesses as old as Chennai itself... that's Parry's for
you. Nyniappa (Naicken) Street near `Kandakottam,' the
centuries-old Murugan Temple, is one such street that
makes the area — the city's oldest central business
district — what it is.Near the temple a row of shops
sell household goods ranging from stainless steel and
aluminium vessels to rattraps. An assortment of smells,
from the pleasant to the pungent and acidic,fills the air.
This is the centre for retail and semi wholesale
chemical trade. Nyniappa (Naicken) Street and the
neighbouring Govindappa (Naicken) Street, where the
wholesale business is concentrated,together account for
more than 90 per cent of the chemicaltrade in Chennai and
some of the offices are situated in Govindappa Naicken
Street and their godown activities are in out of chennai
likely madhavaram and korrukupet in these godown consumers
are struggling to take materials.
According to the Tamil Nadu Dyes and Chemical Merchants
Association,in its Golden Jubilee this year, a majority
of the city's 400 chemicals traders are present in the two
streets. The shops not only sell domestic stocks but also
imported material from global firms.
The chemical business concentrated here when some of the earliest
settlersthe Marwaris' used their contacts among chemical manufacturers
in Gujarat and Maharashtra to bring in supplies. Initially, the range
was modest,some household cleansers, detergents and bleach. With time
the region grew into a major centre for chemicals, catering even to
industrialneeds. Today, the two streets form an extended mall that most
small-scale manufacturers needing chemicals come to, whether they need
chemicals in small packs or by the barrel loads. However, the congestion
has its drawbacks, chief among them the hazard of stocking large amounts
of chemicals in an area that has a mixture of shops and residences.
In this situation buyers have the convenience of shopping for
all their needs in one place. The shops cater to educational
institutions,research and development organisations, and industries.
Buyers come from all the southern State of the tamilnadu.
New storage complex coming up in the north madras outside//
The Tamil Nadu Dyes and Chemical Merchants Association is setting
up a Rs 10-crore chemical storage complex at Paisampakkam village
near Red Hills to the north of Chennai.
The merchants have been allotted land to set up storage facilities.
But they can continue trading at their existing shops. The association
has sought support from the State Government in the form of better
approach roads, power connection and quick clearance for licences.
The association has purchased over 540 grounds (2,400 sq ft a ground),
laid roads and allocated over 420 plots. Traders are mentally prepared
to shift in line with the Chennai Corporation's proposal to allow shops
to continue trading and shift the storage areas.
who one interested visit our website : PENTAGON CHEMICAL
Tuesday, November 13, 2007
Sulphuric Acid price upwards
Hi chemical news viewers,
Major Steel industries,phosphating industries, General
consuming industries are struggling due to abnormal
increases of price in sulphuric acids.
The major producing industries like wise sterlite industries,
Andhra sugars Ltd, Rayalaseema Ltd, Tanfac industries, Kamar
chemials, and Bhinani Lts all are revising their basic price
by weekly basis apart from they are asking advance payment then
only releasing acids.
More product catlog related matters pls log in the economy in the long run"
CHENNAI: A total ban on molasses and alcohol export is one of the measures the
Chemical Industries Association wants the Centre to initiate towards ensuring
their reasonable prices. Other measures it recommended were ensuring total
utilisation of molasses in "one or other productive manner," free inter-State
movement of molasses and industrial and fuel alcohol blended with prescribed
denaturants and encouraging production of non-molasses based alcohol for potable
purposes.
It urged the Centre to take these steps in the event of sugar mills and distilleries
not coming forward to negotiate and agree on an acceptable pricing formula for the
sugarcane by-products.
Association president P.K.N. Panicker made these suggestions in the context of
Union Minister for Petroleum and Natural Gas Murli Deora's recent announcement
scrapping the process of national oil companies buying ethanol at negotiated prices.
The Minister, instead, directed the companies to procure the sugarcane byproduct for
use as a blend in petrol through an open tender system.
Reasonable parameters
Detailing the developments leading to the Minister's directive, Mr. Panicker,
in a release, said: "We fully agree and support that the sugar and ethanol producers
should get reasonable prices and profit." But they should not create situations in which
the alcohol-based chemical industry and the oil industry find it impossible to procure
alcohol and operate within reasonable economic parameters. If the Centre implements the
four-pronged measures, they will prove beneficial to the economy in the long run, he said.
Major Steel industries,phosphating industries, General
consuming industries are struggling due to abnormal
increases of price in sulphuric acids.
The major producing industries like wise sterlite industries,
Andhra sugars Ltd, Rayalaseema Ltd, Tanfac industries, Kamar
chemials, and Bhinani Lts all are revising their basic price
by weekly basis apart from they are asking advance payment then
only releasing acids.
More product catlog related matters pls log in the economy in the long run"
CHENNAI: A total ban on molasses and alcohol export is one of the measures the
Chemical Industries Association wants the Centre to initiate towards ensuring
their reasonable prices. Other measures it recommended were ensuring total
utilisation of molasses in "one or other productive manner," free inter-State
movement of molasses and industrial and fuel alcohol blended with prescribed
denaturants and encouraging production of non-molasses based alcohol for potable
purposes.
It urged the Centre to take these steps in the event of sugar mills and distilleries
not coming forward to negotiate and agree on an acceptable pricing formula for the
sugarcane by-products.
Association president P.K.N. Panicker made these suggestions in the context of
Union Minister for Petroleum and Natural Gas Murli Deora's recent announcement
scrapping the process of national oil companies buying ethanol at negotiated prices.
The Minister, instead, directed the companies to procure the sugarcane byproduct for
use as a blend in petrol through an open tender system.
Reasonable parameters
Detailing the developments leading to the Minister's directive, Mr. Panicker,
in a release, said: "We fully agree and support that the sugar and ethanol producers
should get reasonable prices and profit." But they should not create situations in which
the alcohol-based chemical industry and the oil industry find it impossible to procure
alcohol and operate within reasonable economic parameters. If the Centre implements the
four-pronged measures, they will prove beneficial to the economy in the long run, he said.
Thursday, November 8, 2007
Phospating Chemicals
We are in focusing Pre tretment Chemicalswhatever you need please get in touch with us. Some product details are listed below:-
Phosphating, Zinc, Iron and manganese-phosphating chemicals, Degreasing,De rusting chemicals whatever chemical related queires please give us your feed back to under mentioned maild ID
coroseal@gmail.com & aravi11@rediffmail.com
Phosphating, Zinc, Iron and manganese-phosphating chemicals, Degreasing,De rusting chemicals whatever chemical related queires please give us your feed back to under mentioned maild ID
coroseal@gmail.com & aravi11@rediffmail.com
Wednesday, October 31, 2007
Chemical leak from vehicle
CHENNAI : A vehicle carrying 15 barrels of a chemical used in the manufacture of perfume was involved in an accident near the Thousand Lights Mosque, where the content of the barrels spilled, causing irritation and nausea to passers-by.
The Tempo, registered for Prasad Organics Private Limited on the Old Mahabalipuram Road, was carrying chloro-acetate.
The incident happened at 1.15 p.m.
The Fire Service personnel arrived with breathing apparatus and controlled the situation by first using water to cool the spill and then clay to arrest the damage.
The situation was under control in an hour.
Police investigations are on.
More details visit www.pentagonchemical.com
The Tempo, registered for Prasad Organics Private Limited on the Old Mahabalipuram Road, was carrying chloro-acetate.
The incident happened at 1.15 p.m.
The Fire Service personnel arrived with breathing apparatus and controlled the situation by first using water to cool the spill and then clay to arrest the damage.
The situation was under control in an hour.
Police investigations are on.
More details visit www.pentagonchemical.com
Chemical News - Corporate
CorporateMeghmani Organics plans Rs 503-cr chemical complex
CHENNAI: Meghmani Organics Ltd has informed the BSE that it plans to set up a caustic chlorine complex in Dahej under SPV Meghmani Finechem Ltd at an estimated cost of Rs 503.16 crore through a proposed funding comprising Rs 344.18 crore debt and Rs 158. 98 crore equity/quasi equity that will be partly made by the company and promoters and partly by private equity and strategic investors.
The complex, when completed, will be used for production of caustic soda lye/flakes, chlorine gas and hydrogen gas in the first phase.
The proposed complex will utilise latest membrane cell technology from Asahi Kasel Chemicals Corporation of Japan. - Our Bureau
Torrent Pharma invests Rs 18.93 cr in jt ventureNext: HDFC joins hands with Ergo of Germany for general insurance venture
CHENNAI: Meghmani Organics Ltd has informed the BSE that it plans to set up a caustic chlorine complex in Dahej under SPV Meghmani Finechem Ltd at an estimated cost of Rs 503.16 crore through a proposed funding comprising Rs 344.18 crore debt and Rs 158. 98 crore equity/quasi equity that will be partly made by the company and promoters and partly by private equity and strategic investors.
The complex, when completed, will be used for production of caustic soda lye/flakes, chlorine gas and hydrogen gas in the first phase.
The proposed complex will utilise latest membrane cell technology from Asahi Kasel Chemicals Corporation of Japan. - Our Bureau
Torrent Pharma invests Rs 18.93 cr in jt ventureNext: HDFC joins hands with Ergo of Germany for general insurance venture
Thursday, October 11, 2007
Acids Price are upward
The Industrial Acids Like Sulphuric Acid prices are upwards due to international market sulphur in in demand and price is in in upward more chemical related matters please visit www.pentagon chemical.com
Wednesday, October 10, 2007
I-T officials search 30 chemical units in Maharashtra, Gujarat
MUMBAI: Income Tax officials today searched premises of 30 chemical industrial units in Maharashtra and Gujarat for possible tax evasion.
"After gathering specific evidence regarding Income Tax evasion, we sent our officials to conduct search at premises of 30 chemical industrial units located in Maharashtra and Gujarat," Income Tax sources told PTI.
The search was conducted in units located between Mumbai and Thane in Maharashtra and Vapi, Ankaleshwar and Baroda in Gujarat.
"Our entire operation was focused mainly between Thane and Ahmedabad as bulk of country's chemical units are located in this region," the sources said.
Over 100 personnel have been deployed in the operation that are yet to return from the field.
"We don't have the exact number of people deployed but it should be anywhere between 120-150. Since, they are yet to return from the field, we cannot reveal the details of their findings today. It will take some time," the sources added.
"After gathering specific evidence regarding Income Tax evasion, we sent our officials to conduct search at premises of 30 chemical industrial units located in Maharashtra and Gujarat," Income Tax sources told PTI.
The search was conducted in units located between Mumbai and Thane in Maharashtra and Vapi, Ankaleshwar and Baroda in Gujarat.
"Our entire operation was focused mainly between Thane and Ahmedabad as bulk of country's chemical units are located in this region," the sources said.
Over 100 personnel have been deployed in the operation that are yet to return from the field.
"We don't have the exact number of people deployed but it should be anywhere between 120-150. Since, they are yet to return from the field, we cannot reveal the details of their findings today. It will take some time," the sources added.
India's L&T wins 60 mln usd chemical plants order from Saudi Arabia's Chemanol
MUMBAI, Oct. 10, 2007 (Thomson Financial delivered by Newstex) -- India's Larsen & Toubro Ltd said it has won an order worth about 60 mln usd from Methanol Chemical Company (Chemanol) in Saudi Arabia, to set up high technology plants.
In a filing to the Bombay (OTCBB:BBAO) Stock Exchange, it said this engineering and procurement order involves setting up methyl amines and dimethyl formamide plants for which UK-based Davy Process Technology has provided the process technology.
In a filing to the Bombay (OTCBB:BBAO) Stock Exchange, it said this engineering and procurement order involves setting up methyl amines and dimethyl formamide plants for which UK-based Davy Process Technology has provided the process technology.
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