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	<title>Small Business Loans: Biz2Credit.in &#187; Chemicals</title>
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	<link>http://blog.biz2credit.in</link>
	<description>Small business advice for financing, marketing and growing a company</description>
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		<title>Corrugated Box Makers Affected by Input Costs</title>
		<link>http://blog.biz2credit.in/2011/05/25/corrugated-box-makers-affected-by-input-costs/</link>
		<comments>http://blog.biz2credit.in/2011/05/25/corrugated-box-makers-affected-by-input-costs/#comments</comments>
		<pubDate>Wed, 25 May 2011 09:27:22 +0000</pubDate>
		<dc:creator>Biz2Credit Advisor</dc:creator>
				<category><![CDATA[Chemicals]]></category>
		<category><![CDATA[Pharma]]></category>
		<category><![CDATA[Small Business Loans]]></category>
		<category><![CDATA[Small Business News]]></category>
		<category><![CDATA[engineering goods]]></category>
		<category><![CDATA[FMCG products]]></category>
		<category><![CDATA[ICCMA]]></category>
		<category><![CDATA[Kraft paper]]></category>
		<category><![CDATA[Manufacturers]]></category>
		<category><![CDATA[pharmaceuticals]]></category>
		<category><![CDATA[processed foods]]></category>
		<category><![CDATA[textiles]]></category>

		<guid isPermaLink="false">http://www.biz2credit.in/blog/?p=1534</guid>
		<description><![CDATA[Rising cost of raw materials has become a cause of concern for corrugated box manufacturers. This is particularly so for &#8216;Kraft paper&#8217; that accounts for 70 percent of inputs. The boxes are used to package a range of products that include engineering goods, processed foods, FMCG products, textiles, pharmaceuticals, fruits and vegetables. During last six [...]]]></description>
			<content:encoded><![CDATA[<p>Rising cost of raw materials has become a cause of concern  for corrugated box manufacturers. This is particularly so for &lsquo;Kraft paper&rsquo; that accounts for 70 percent of inputs. The boxes are used to package a range of products that include engineering goods, processed foods, FMCG products, textiles,  pharmaceuticals, fruits and vegetables.</p>
<p> During last six months, raw material cost for Kraft paper increased 25  percent. Labour costs and price of Kraft paper too increased by an average 20  percent. The Indian Corrugated Case Manufacturers Association (ICCMA) has asked  government to reduce customs duty on imported kraft paper from its present rate  of 10 percent. The 10 percent customs duty makes it very difficult to import  kraft paper.</p>
<p> Currently imports are negligible as the present average price of kraft paper  is Rs 26,000 per ton. The Hyderabad based  manufacturers too source inputs from Maharashtra and Gujarat. The price of kraft paper increased by 25 per-cents. Cost of all other inputs like adhesives, wire, labour and power too increased. Production cost went up  by 30 percent. The international market trends determine prices.</p>
<hr /><img class="alignleft" style="margin: 10px 5px;" title="Logo" src="http://images.cmpgnr.com/1301986683/Logo1224002477952.png" alt="Biz2Credit Logo" width="138" height="30" /> <em>This article was submitted by Rohit Arora, co-founder of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to  <a href="mailto:info@biz2credit.com"><br />
info@biz2credit.com</a> </em></p>
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		<title>US Senators Discuss Steps for SME Trade Enhancement</title>
		<link>http://blog.biz2credit.in/2011/05/05/us-senators-discuss-steps-for-sme-trade-enhancement/</link>
		<comments>http://blog.biz2credit.in/2011/05/05/us-senators-discuss-steps-for-sme-trade-enhancement/#comments</comments>
		<pubDate>Thu, 05 May 2011 07:28:46 +0000</pubDate>
		<dc:creator>Biz2Credit Advisor</dc:creator>
				<category><![CDATA[Chemicals]]></category>
		<category><![CDATA[Small Business News]]></category>
		<category><![CDATA[cotton]]></category>
		<category><![CDATA[Drugs]]></category>
		<category><![CDATA[Fine Chemicals]]></category>
		<category><![CDATA[Industry Minister]]></category>
		<category><![CDATA[Jeweller]]></category>
		<category><![CDATA[Machinery]]></category>
		<category><![CDATA[pharmaceuticals]]></category>
		<category><![CDATA[small and medium enterprises]]></category>
		<category><![CDATA[SME]]></category>
		<category><![CDATA[US states]]></category>

		<guid isPermaLink="false">http://www.biz2credit.in/blog/?p=1521</guid>
		<description><![CDATA[Senators of different US states met the Indian Commerce and Industry Minister Anand Sharma to discuss possible ways for improving the bilateral trade between the two countries giving special importance to the small and medium enterprises (SMEs). Sharma expresses optimism for improving opportunities of investment between the two countries. This is because India and US [...]]]></description>
			<content:encoded><![CDATA[<p>Senators of different US states met the Indian Commerce and Industry Minister Anand Sharma to discuss possible ways for improving the bilateral trade between the two countries giving special importance to the small and medium enterprises  (SMEs).</p>
<p>Sharma expresses optimism for improving opportunities of  investment between the two countries. This is because India and US  are together working to formulate a mechanism to integrate small and medium  enterprises (SMEs) of both countries. Now, it has become evident that the two  countries have launched an initiative for integrating U.S. and Indian  SMEs in the Global supply chain. This means that new opportunities will open up  for SMEs of both the nations.</p>
<p>The bilateral trade between the two countries crossed USD 30 billion during the  period April-December 2010-11. India&rsquo;s  export to US during this period also remained USD 17,629.72 million and the  growth in export remained to the tune of 27.9%. The items that are being  exported from India  are Gems &amp; Jeweller, Cotton, Pharmaceuticals &amp; Fine Chemicals, Drugs, and  Machinery &amp; Instruments. </p>
<p>India-US  Trade policy Forum (TPF) is a milestone in itself for it is a good arrangement  between two governments to find solutions to problems confronting trade and  investment between the two countries.</p>
<p>India and  US have jointly agreed to work on India-US Technology Trade Agreement Proposal  that will help to foster improvements in Logistics Infrastructure and Services  in India.  This will also simulate the US private sector to deliver  Urban Infrastructure in India.</p>
<hr /><img class="alignleft" style="margin: 10px 5px;" title="Logo" src="http://images.cmpgnr.com/1301986683/Logo1224002477952.png" alt="Biz2Credit Logo" width="138" height="30" /> <em>This article was submitted by Rohit Arora, co-founder of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to  <a href="mailto:info@biz2credit.com"><br />
info@biz2credit.com</a> </em></p>
]]></content:encoded>
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		<item>
		<title>Model Farms Needed for Technology Advancement in Salt Production</title>
		<link>http://blog.biz2credit.in/2011/05/03/model-farms-needed-for-technology-advancement-in-salt-production/</link>
		<comments>http://blog.biz2credit.in/2011/05/03/model-farms-needed-for-technology-advancement-in-salt-production/#comments</comments>
		<pubDate>Tue, 03 May 2011 06:23:35 +0000</pubDate>
		<dc:creator>Biz2Credit Advisor</dc:creator>
				<category><![CDATA[Chemicals]]></category>
		<category><![CDATA[Marketing Tips]]></category>
		<category><![CDATA[Small Business Loans]]></category>
		<category><![CDATA[Small Business News]]></category>
		<category><![CDATA[Andhra Pradesh]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Indian]]></category>
		<category><![CDATA[ISMA]]></category>
		<category><![CDATA[Karnatak]]></category>
		<category><![CDATA[NaSo4]]></category>
		<category><![CDATA[salt industry]]></category>
		<category><![CDATA[sodium sulphate]]></category>
		<category><![CDATA[Tamil Nadu]]></category>

		<guid isPermaLink="false">http://www.biz2credit.in/blog/?p=1516</guid>
		<description><![CDATA[In an effort to increase yield and improve on quality, the Indian salt industry has undertaken a modernization exercise. Salt farms are proposed by the Indian Salt Manufacturers&#8217; Association (ISMA) in states like Tamil Nadu, Gujarat, Andhra Pradesh and Karnataka. The salt farms would demonstrate to salt workers the methods of producing quality salt with [...]]]></description>
			<content:encoded><![CDATA[<p>In an effort to increase yield and improve on quality, the Indian  salt industry has undertaken a modernization exercise. Salt farms are proposed  by the Indian Salt Manufacturers&rsquo; Association (ISMA) in states like Tamil Nadu,  Gujarat, Andhra Pradesh and Karnataka.</p>
<p>The salt farms would demonstrate to salt workers the methods  of producing quality salt with higher yields. The model farms make it feasible  for adoption of new technology by salt workers. On demonstration, farms will  learn different salt-making techniques, harvesting methods and mechanisms of washing.</p>
<p>Salt-making is a labor -intensive industry where 95 percent  of salt-producers are in unorganized sector that produces 40 percent of India&rsquo;s  total salt output. The 5 percent who are in the organized sector produces the remaining 60 percent output. This industry has Rs 2,000 crore turnover and a  major portion of which is contributed by salt industry of Gujarat.</p>
<p>The production of salt is vulnerable to climatic variations.  Excessive rains lead to salt panes dilution that further leads to delays in harvests. Another limitation is manual nature of the industry. To meet these  issues, ISMA has submitted a memorandum to the salt committee in-order to  discuss on challenges that confronts the salt industry.</p>
<p>Gujarat is the only state where land is still available for  salt production. However, there are pending applications for grant of one lakh  acres of land on lease terms for salt production with the Gujarat government. Rajasthan  on the other hand has a large area under desert and requires attention for the  growth of salt industry. Here, there is the option for exploration of subsoil  brine that has high sodium sulphate content. But then NaSo4 crystallizes along  with the salt, rending it inedible. Thus, there arises the need to improve on  technology so as to make high-grade subsoil edible salt. Thus salt testing  laboratories need to be modernized and services extended to industry at nominal  fee.</p>
<hr /><img class="alignleft" style="margin: 10px 5px;" title="Logo" src="http://images.cmpgnr.com/1301986683/Logo1224002477952.png" alt="Biz2Credit Logo" width="138" height="30" /> <em>This article was submitted by Rohit Arora, co-founder of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to  <a href="mailto:info@biz2credit.com"><br />
info@biz2credit.com</a> </em></p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2010 Looks Good for Chemical Industry</title>
		<link>http://blog.biz2credit.in/2011/04/19/2010-looks-good-for-chemical-industry/</link>
		<comments>http://blog.biz2credit.in/2011/04/19/2010-looks-good-for-chemical-industry/#comments</comments>
		<pubDate>Tue, 19 Apr 2011 11:07:59 +0000</pubDate>
		<dc:creator>Biz2Credit Advisor</dc:creator>
				<category><![CDATA[Chemicals]]></category>
		<category><![CDATA[Industry Expert]]></category>
		<category><![CDATA[Small Business News]]></category>
		<category><![CDATA[chemical industry]]></category>
		<category><![CDATA[SMEs]]></category>

		<guid isPermaLink="false">http://www.biz2credit.in/blog/?p=1503</guid>
		<description><![CDATA[A survey of SMEs in chemical industry, has found that the chemical market picked up pace in 2010. But 30 percent of the respondents are pessimistic about any change in 2010 in comparison to 2009. Consumer sentiment remained on a high in 2010. On an average, the improvement remained 65 percent. Many chemical units have [...]]]></description>
			<content:encoded><![CDATA[<p>A survey of SMEs in chemical industry, has found that the  chemical market picked up pace in 2010. But 30 percent of the respondents are  pessimistic about any change in 2010 in comparison to 2009.</p>
<p>  Consumer sentiment remained on a high in 2010. On an average,  the improvement remained 65 percent. Many chemical units have also reported growth  in sales of over 20 percent in 2011. More  than half, 53.3 per cent of respondent, have also reported 20 percent in export  in 2010.</p>
<p> But price hikes of raw materials also seem to be inevitable, as fifty percent of respondents have found input prices to increase in  2010. Hence, product prices too increased according to 33.3 percent of respondents.</p>
<hr /><img class="alignleft" style="margin: 10px 5px;" title="Logo" src="http://images.cmpgnr.com/1301986683/Logo1224002477952.png" alt="Biz2Credit Logo" width="138" height="30" /> <em>This article was submitted by Rohit Arora, co-founder of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to  <a href="mailto:info@biz2credit.com"><br />
info@biz2credit.com</a> </em></p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Funding getting easier for Energy Efficient Projects</title>
		<link>http://blog.biz2credit.in/2010/05/03/funding-getting-easier-for-energy-efficient-projects/</link>
		<comments>http://blog.biz2credit.in/2010/05/03/funding-getting-easier-for-energy-efficient-projects/#comments</comments>
		<pubDate>Mon, 03 May 2010 10:13:40 +0000</pubDate>
		<dc:creator>Biz2Credit Advisor</dc:creator>
				<category><![CDATA[Chemicals]]></category>
		<category><![CDATA[Industry Expert]]></category>
		<category><![CDATA[BEE]]></category>
		<category><![CDATA[Energy Efficiency Association]]></category>
		<category><![CDATA[HSBC India]]></category>
		<category><![CDATA[Power Finance Corp]]></category>
		<category><![CDATA[Sidbi]]></category>
		<category><![CDATA[SMERA]]></category>
		<category><![CDATA[unsecure lending]]></category>

		<guid isPermaLink="false">http://www.biz2credit.in/blog/?p=1107</guid>
		<description><![CDATA[With an increased awareness about importance of green energy and lessing the carbon footprint, banks like Small Industries Development Bank of India (Sidbi), HSBC India and Power Finance Corp. Ltd have registered with the Bureau of Energy Efficiency (BEE) for its energy efficiency financing platform. The platform is meant to create a mechanism that allows [...]]]></description>
			<content:encoded><![CDATA[<p>With an increased awareness  about importance of green energy and lessing the carbon footprint, banks like Small Industries Development Bank of India (Sidbi), HSBC India and Power Finance Corp. Ltd have registered with the Bureau of Energy Efficiency (BEE) for its energy efficiency financing platform.</p>
<p>The platform is meant to create a mechanism that allows mainstream financing of energy efficiency projects by providing instruments such as bankable project reports and other risk-mitigation measures to enhance comfort for lenders towards these projects.</p>
<p>Such projects and energy service companies often find it hard to source funding, according to BEE secretary Saurabh Kumar.</p>
<p>“Essentially, banks have a high risk perception about such unsecure lending. More than a mindset, it requires a skill-set to understand such project reports, which is missing,” said Kumar. “But just to give you a signal on how this is gaining importance, last year the Japan International Cooperation Agency loaned Rs1,500 crore to Sidbi exclusively for energy efficiency in the small and medium enterprise sector.”</p>
<p>BEE has estimated the near- and medium-term energy efficiency market potential to be around Rs74,000 crore, with investments in such programmes recouped in less than five years while increasing productivity.</p>
<p>Energy service firms provide solutions for improved energy efficiency in buildings, utilities and offices, with profits tied to the savings achieved.</p>
<p>Coupled with  Green Ratings which have been launched by SMERA in India, this will give a major boost to green projects in India. With SMEs comprising a major chunk of manufacturing space in India, it can  help to make the industry greener.</p>
<p>The perform, achieve and trade scheme will make a huge difference in the business of energy service firms as well as small and medium enterprises, according to V. Raghuraman, principal adviser at industry lobby group Confederation of Indian Industry, and chairman of the World Energy Efficiency Association.</p>
]]></content:encoded>
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