Budget 2017 implications for the Indian chemical industry


Budget 2017 implications for the Indian chemical industry

union-budget-2017-2NEW DELHI, INDIA: Chemical industry is one the most significant segment of the Indian economy, which is valued to contribute around 3 percent of the country’s GDP. With the introduction of the Union Budget 2017, Finance Minister Arun Jaitley laid down new amendments including new income tax rules, actions on black money and push towards a digital economy. Sectors like information technology hardware, capital goods, defence production, textiles, mineral fuels and mineral oils. Read More

New study shows how uranium binds to organic matter

stanford-university-uranium-1STANFORD, US: A recent study led by scientists at the Department of Energy’s SLAC National Accelerator Laboratory helps describe how the contaminant cycles through the environment at former uranium mining sites and why it can be difficult to remove. Contrary to assumptions that have been used for modelling uranium behaviour, researchers found the contaminant binds to organic matter in sediments. The findings provide more accurate information for monitoring and remediation. Read More

New process generates electricity instead of consuming energy on ammonia production

university-of-utah-ammonia-1SALT LAKE CITY, US: Nearly a century ago, German chemist Fritz Haber won the Nobel Prize in Chemistry for a process to generate ammonia from hydrogen and nitrogen gases. The process, is still in use today, ushered in a revolution in agriculture, but now consumes around one percent of the world’s energy to achieve the high pressures and temperatures that drive the chemical reactions to produce ammonia. Today, University of Utah chemists publish a different method, using enzymes derived. Read More

Chemists invent versatile new method for making chiral drug molecules

tsri-chiral-moleculesLA JOLLA, US: Chemists at The Scripps Research Institute (TSRI) have invented a new technique for constructing chiral drug molecules. Chiral molecules are those whose structural complexity allows them to have mirror-image, “left-handed” and “right-handed” forms. For drug molecules, usually only one of those forms works, the other may even have unwanted side-effects and thus pharmaceutical chemists have a great need for methods to build molecules in a single chiral form, rather than an even mix of both. Read More

 

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