The company reported total income of Rs.3099.06 crores during the Financial Year ended March 31, 2022
The company has posted net profit of Rs.206.26 crores for the period ended March 31, 2021.
The task force will be responsible for identifying the crucial intermediates and raw materials having multiple value chain applications in specialty chemicals
Operating EBITDA was $1.04 billion, a 15% improvement over prior year on strong price execution and volume gains in all regions, partially offset by inflation and currency headwinds
Company now expects organic sales growth at Group level of +3.5 to +5.5 percent in fiscal 2022
As a sustainability-linked term loan, it is the largest of its kind in the Asia Pacific loan market
Company has bought 20% minority stake of AGC at a cash purchase price of $120 million
The successful acquisitions, especially that of Emerald Kalama Chemical, likewise made a positive earnings contribution
Company will develop sustainable solutions using renewable feedstocks and biotechnology
Arxada will develop, manufacture and commercialize the resin system developed by Novoset
Company's first-quarter EBITDA for 2022 increased 25 percent to $1.9 billion
The companies will work together to introduce new coatings developed for the food and beverage industry to the markets of North and South America, Europe, the Middle East and Africa
Florachem partners with industry- leading customers across diverse end markets including flavor and fragrance, personal care, industrial, and coatings and adhesives
Adjusted EBITDA for the first quarter of 2022 was $403 million in comparison to $268 million in the prior-year first quarter
EBITDA grew in the first quarter by 8.5 percent to EUR 806 million
The company is well on track with its planned capex of Rs. 350 crore that will bring in an additional capacity of 15,500 MT.
Terms of the transaction were not disclosed.
GHCL has reported total income of Rs.3790.50 crores for the FY ended March 31, 2022.
Mitsu Chem Plast has reported total income of Rs.258.86 crores for FY ended March 31, 2022.
Sales in the first quarter 2022 were $2,461.4 million compared to $1,918.8 million in the first quarter 2021.
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