Chemical | 07 May 2022
SIKA to divest shotcrete equipment business
Aliva Equipment generated sales of CHF 12 million in 2021.
Aliva Equipment generated sales of CHF 12 million in 2021.
State-of-the-art laboratories and pilot plants will boost product development and enhance customer experience
The company has posted net profit of Rs. 401.19 crores for the period ended March 31, 2022.
The company has reported total income of Rs.1436.11 crores during the Financial Year ended March 31, 2022.
Company will invest between $120 million to $140 million in the facility, expected to start up in the second half of 2024
The investment increases capacity at the Ludwigshafen site to a total of 50,000 metric tons per year
Adjusted net income was 49 percent higher at €356 million in first quarter of 2022
The facility, to be built in the Belgian port of Antwerp, will have a production capacity of 1.5 million tons per year
Company's adjusted net income multiplied by 2.4 to €376 million, representing €4.96 per share (€2.08 in Q1’21)
OptiCHOS offers farmers a new, low-risk, residue free, and bio-degradable broad spectrum disease control solution, with low environmental and human impacts
The company has reported total income of Rs.6844.80 crores during the Financial Year ended March 31, 2022
Company's net profit stood at €369 million in Q1 2022, up +54% compared to Q1 2021
The new plant reduces the amount of fresh water required for production processes and turns material that was previously considered waste into saleable products
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
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