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India’s Cosmetics Industry

India’s cosmetics industry may treble by 2020 India’s retail beauty and cosmetics industry, currently estimated at $950 million, is likely to almost treble to $2.68 billion by 2020, experts said. Annual growth in the Indian beauty and cosmetics markets is estimated to remain in the range of 15-20 per cent in the coming years, twice as fast as that of the US and European markets. Massooma, Editor at New Age Salon & Spa magazine and knowledge partner for ‘International Beauty Mart’ (IBM) 2014, believes awareness in India of the latest global beauty…

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International panel of experts to promote health benefits of rice bran oil

The International Council of Rice Bran Oil (ICRBO) has been formed at the first meeting of the board of Asian Society of Rice Bran Oil held recently at Bangkok. Representatives from China, India, Japan, Thailand and Vietnam attended the meet and elected Prof. Dr. Xuebing Xu from Wilmar Global R&D Centre of China as the first President; Dr. A. R. Sharma, Chairman, Solvent Extractors’ Association of India (SEA) RBO Promotion Council and CMD, Ricela Health Foods Ltd. of India as Vice President and President-elect, and Asst. Prof. Dr. Riantong Singanusong…

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Dow set to begin work on new EPDM facility in US

Dow Elastomers, a unit of Dow Chemical, will soon break ground on its planned world-scale ‘Nordel’ EPDM (ethylene propylenediene terpolymer) facility in Plaquemine (Louisiana, USA), which will utilise the company’s proprietary catalyst technology to enable products with high Mooney viscosity. “The planned ‘Nordel’ facility will position Dow as the only advanced post-metallocene producer globally, enabling a broader range of EPDM solutions for our customers, while also meeting increasing global demand for our current EPDM applications,” said Dr. Kim Ann Mink, Business President, Dow Elastomers, Electrical & Telecommunications. The facility, which…

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Overview of the Indian Plastics Industry

INDIA- one of the fastest growing economies of the world, is all set to attain the premier status along with China. India is a favoured destination for overseas investors and offers the advantages of an open economy, increasing liberalization, a stable democratic political scenario, highly skilled work force with fluency in English. Various overseas players wish to explore the Indian market and invest in opportunities thrown open by the country, projected to be world number 3 in plastics consumption by 2010. This seems a very achievable position as since the…

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Natco Pharma plans pre-filled syringe unit

Natco Pharma Ltd. is planning to set up a pre-filled syringe unit and has obtained shareholders’ approval for mobilising up to Rs. 300 crores for the project. The proposed unit will be located at Kothur in Mahbubnagar district of Andhra Pradesh. Finished dosages plant According to Mr. P. Bhaskara Narayana, Director and Chief Financial Officer, another new plant set up by the company for manufacturing finished dosages in Guwahati is almost complete. “This may be fully operational next year. It is a small plant being built with an investment of…

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Construction chemicals industry needs to reach out to all stakeholders

Construction chemicals (CCs) are a broad class of products that play an enabling – nay essential – role – in modern construction, be it houses, bridges, tunnels, roads, industrial floorings etc. In spite of touching many lives – to some extent or the other – few know the industry. The range of products the industry produces is vast and an incomplete list would include concrete admixtures & additives, grouts & caulks, coatings & floorings, sealants & adhesives, protective coatings & fibres etc. Great benefits In their simplest form, CCs enhance…

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Global cement and concrete additive demand to exceed $11-bn in 2010

World demand for cement and concrete additives is forecast to rise 5.1 per cent per year through 2010 to over $11 billion, an improvement over the performance of the 2000-2005 period, according to a new study by The Freedonia Group Inc, a US-based industry research firm. According to the report, gains will be fuelled by the increased acceptance of additives in high volume developing markets for cement, such as China, India, Eastern Europe and the Middle East. In more mature markets, higher performance requirements for concrete will prompt greater loadings…

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Indian paint industry: bright growth prospects – Ravi Raghavan

The Indian paints industry has seen remarkable changes during the last decade. In this period, almost every major multinational has established or entrenched their presence, incumbents have built on their market position and the industry has become far more sophisticated in terms of the products it manufactures, the way it sells to customers and in the range of technologies it uses. The growth of the industry is not surprising; after all, paint demand is intimately tied to GDP, which has grown at record levels for much of the decade. Overall,…

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5 Simple Steps to Small Business Success on the Internet!

For years, the website design market used to fall into three separate entities for website design and development: Graphics and animation studios, specializing in custom graphic design and creative animations, Website marketing/promotion firms, Web programming companies specializing in database-driven website development. Nowadays, however, you get to see a fusion of these three entities in several dynamic Web Development and Promotion companies operating from any part of the globe. These web design, development and web promotion firms are virtually allrounders that cater to a diverse range of clientele, include those coming…

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Tips For Small Business Costs

Many first-time business owners are completely overwhelmed or unprepared by the amount of small business costs associated with operating a business. Small business costs often lead to the failure of many businesses, especially during the first year, or they even prevent them from getting started in the first place. Through a wide array of government and private programs, however, many small business owners have helpful options to help them finance their mounting small business costs.  A business plan is a necessity for obtaining business startup loans and funding for your…

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