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WHY NOT INDIA
[C&EN, May 1, 2001]

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Reliance Industries

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Rohm and Haas


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IN BRIEF:
ACCOLADE
8011RGupta

Rohm and Haas CEO Rajiv L. Gupta will receive the Commercial Development & Marketing Association's Award for Executive Excellence on Tuesday, April 30, during the group's annual spring meeting in Baltimore.

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NEWS OF THE WEEK
INVESTMENT
March 18, 2002
Volume 80, Number 11
CENEAR 80 11 p. 11
ISSN 0009-2347
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Indian Chemical Industry Perks Up

JEAN-FRANÇOIS TREMBLAY

Two significant investment projects have been set in motion in India. Reliance Industries plans to build a 220,000-metric-ton-per-year polyethylene terephthalate plant in Hazira that will employ DuPont's new NG-3 polymer technology. Reliance, which already runs an 80,000-metric-ton PET plant in Hazira, has signed a memorandum of understanding with DuPont Polyester Technologies but hasn't disclosed a timetable for the project.

8011paintcans
COMING SOON Paint for the Indian market is a downstream product from Rohm and Haas's new plant.
ROHM AND HAAS PHOTO
When built, it will be the world's first commercial plant implementing the NG-3 process. The technology simplifies the production of high-molecular-weight PET resin suited to packaging uses.

Reliance's project is good news for Mitsubishi Chemical, which has been exporting about 200,000 metric tons per year of purified terephthalic acid, a feedstock for PET, from its Indian facility. Mitsubishi, India's second largest PTA producer after Reliance, reckons that the new PET plant will remove some Reliance PTA from the Indian market and make room for its own product.

Separately, Rohm and Haas has begun construction of a $20 million plant in Taloja, near Mumbai. Scheduled to begin production in 2003, the facility will produce up to 23,000 metric tons per year of water-based latex polymers used in the coatings industry. It will also supply up to 28,000 metric tons of polyester and polyurethane adhesives used in the packaging of consumer goods.

The facility is primarily geared toward the Indian market, which has been growing enough to justify the investment, Rohm and Haas says.

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