New PLI currently being developed for the chemical industry will be of great benefit to the entire chemical value chain and help reduce reliance on imports
The board has approved a project for setting up a range of Specialty Fluoropolymers, producing an agrochemical intermediate, and creating a new plant building
The Summit will focus on: Policy Support for Growth of Indian Agrochemicals; Enabling Regulatory Ecosystem for the Growth of Agrochemicals Industries; Role of Drones in Agrochemicals Sector; Collaborative Approach to Realistic Agrochemicals Potential; and Agrochemicals 2030: The Future Perfect
This milestone advances the company toward its goal of producing sustainable long-term commercial supplies of deuterium oxide for the world's life science and high technology industries
This is a second production line for above 98 per cent concentrated nitric acid now operating in Tarnów
Proactive actions will optimize Dow's cost structure in response to near-term macroeconomic uncertainty, while maintaining long-term value creation focus
PTFE price jumped 5.9% QoQ / 24.1% YoY to Rs1,025 while volumes fell 15.4% YoY to 2kte.
Sasol and Holiferm will develop and commercialise formulations and applications for the new molecules.
The declines reflect not only, declining output across multiple key end-use industries and weak export markets, but also disruptions from winter storm Elliott that hit in late December
The new capacity is expected to be available to the market in 2024
Under Phase II of expansion, the company plans to double its capacity to 33,000 MTPA along with a captive power plant at a Capex of Rs. 375 crore which is expected to be commissioned by Q3 FY24
Collaboration builds on the company launch in 2019 as a Leaps by Bayer joint-venture with Arvinas and has proven successful, meeting initial targeted milestones
The facility has an anticipated annual capacity of up to 1.8 million tons and will meet growing domestic and international demand for this clean and versatile chemical commodity.
The company has reported total income of Rs. 112.08 crores during the period ended December 31, 2022
On the pigment side, Phase 1 of the Titanium Dioxide plant with 16,500 tons capacity was commissioned on 18th January 2023
For O2C business, quarterly revenues increased on account of higher price realisation as crude oil prices went up by 11%.
PAT for Q3 FY23 down 2% at Rs 342 crore
In this phase, DCMSCL will start design & construction of its chemical plant along with R&D Lab.
Chief Economist of the American Chemistry Council believes that raw material and energy costs, slowing volumes & failing end use demand create uncertainty
IPA also inaugurated the largest trade event of Indian Paints & Coatings industry – 30th & 31st Indian Paint Conference at Taj Resort & Convention Centre in Goa
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