A major fire broke out early Thursday morning in a prominent chemical plant in KIABD Industrial area at Malur, Bangalore, Karnataka. The plant belonged to Banashankari Chemicals Pvt Ltd, a mid-sector, solvent recoverer in the state, observers reported. Local authorities and company officials have yet to confirm the cause of the fire and the missing or injured persons information. Nearby factory employees have reported sounds of an explosion from the site. “We heard sounds of a boiler explosion and noticed black smoke emitting out of the factory premises. Read more
Marine Enzymes market size will witness a significant growth owing to its use in food & beverage, medicine, nutraceutical and cosmetic industry. These have omega-3polyunsaturated fatty acids used that are used in nutraceutical industry. Its use as a natural ingredient in health and dietary supplement industry has increased. These are widely used in skin and hair care products due to their anti-inflammatory and hypolipidemic properties. Growing food industry will support marine enzymes market growth owing to its usage as a colouring agent. Their consumption has spurred with ban on synthetic food colours. Read more
Surfactants are the organic compounds that can enhance cleaning efficiency, wetting, dispersing, solvency, foaming and lubricity of water and water base substances. This compounds can constitutes both lyophilic (solvent –loving) and lyophobic (solvent-fearing) group in its molecule. Surfactants lowers the surface tension of liquids and allow chemicals to mix more easily. Surfactants are traditionally being manufactured from the crude oil. Scarcity of crude oil and growing environmental concerns are key drivers of bio surfactants manufactured by using plants. Read more
Archer Daniels Midland Company (ADM) has nominated Michael Burke, CEO and chairman of AECOM, to stand for election to the board at its upcoming annual shareholders’ meeting. AECOM designs, builds, finances and operates infrastructure assets in more than 150 countries. Prior to his current position, Burke served as AECOM’s senior vice president of corporate strategy; chief corporate officer; chief financial officer; and president. Before joining AECOM in 2005, he served in a variety of leadership positions at accounting firm KPMG LLP. Read more