The rating continues to reflect the company’s strong business risk profile, driven by its established market presence and healthy financial risk profile because of strong liquidity and financial flexibility.
The Pro-Environment products are certified with ISCC PLUS, and are identical to the fossil-based versions, meaning that they are drop-in replacements
The company is planning for a multipurpose plant for the manufacturing of more technical items which will enhance its presence in key chemistries and enhance its portfolio
The incremental production capability is expected to be added at a similar annual pace to the additions over the past two years
Investment in sustainability solutions – from innovative lower-emissions technologies to advanced recycling and recovery – will increasingly be a key driver of chemical industry capital spending as per Martha Moore, ACC chief economist and managing director
This development underlines Evonik’s consistent commitment to enhance the availability of products according to RSPO (Roundtable on Sustainable Palm Oil) mass balance supply chain, a crucial step to the path of achieving its sustainability vision
Company proposes to shift its manufacturing operations in the UK exclusively at the Billingham manufacturing facility in Teesside
Following phase one of the stepwise capacity increase in 2021, the recent completion of the investment program has now brought significantly increased capacity on stream to meet growing global customer demand
The company has posted net profit of Rs.88.58 crores for the Financial Year ended March 31, 2022.
The project is co-funded by the Bavarian State Ministry for Economic Affairs, Energy and Technology in the context of the “BayVFP Life- Science Biotechnologie” funding program with up to EUR 980,000
Double digit revenue growth in crop protection business
Production of NCB was 19,550 mt in Q4FY22 , hydrogenated products was 3,029 tpm and nitro toluene was 5155 tons
Glyoxal is readily biodegradable by showing more than a 90% decrease of dissolved organic carbon according to Organisation for Economic Co-operation and Development (OECD) guidelines 301 C-E and 303 A
Kemira's revenue in local currencies, excluding acquisitions and divestments, is expected to increase from 2021 (EUR 2,674.4 million)
Acquisition of ACC BEKU will strengthen OQEMA’s market position in Germany
The company's focus will be to undertake R&D and innovation-led projects where 40+ products for speciality chemicals and 50+ products for pharma are in the pipeline
The materials unit of SK Group will expand business portfolio from its current business model centered around specialty gas for semiconductors and displays to high-value added products such as secondary battery materials and wet chemicals
This investment will expand the Group’s research & innovation capabilities in the United States to support customers in the electric vehicle, renewable energy and aerospace industries
The company would be planning a capex of Rs. 100 - 125 crore crore per year, starting from next year onwards
One of them is 110 KLPD in Gorakhpur, another one is 180 KLPD in Kashipur, which is going to get commissioned over the next couple of months
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