Chemical | 14 May 2022
Sumitomo Chemical registers better performance for FY2021
Sumitomo Chemical Group’s sales revenue for the period increased by ¥478.3 billion
Sumitomo Chemical Group’s sales revenue for the period increased by ¥478.3 billion
Company's net profit jumped 460% and stood at Rs.787.18 crores for the Financial Year ended March 31, 2022
The company has posted net profit of Rs.349.25 crores for the Financial Year ended March 31, 2022
The company has posted net profit of Rs.152.17 crores for the Financial Year ended March 31, 2022
Company has reduced particulate matter levels in the plant by 66% by using the Pure Skies technology
The facility will be located at Dahej, in the state of Gujarat and will be funded through a mix of internal accruals and debt
Strong pipeline of growth opportunities, especially in agrochemicals, driven by principles of 3P: Product, Platform & Partnership
Expansion will help meet fast-growing demand from the food and beverage sectors, and to support the continued expansion of the company’s BioSolutions platform
Operating income increased 80.0% to ¥100.6 billion and profit attributable to owners of parent rose 83.9% to ¥84.2 billion.
biobased acid will enable its customer to contribute to animal health with its nutrition offerings for a wide variety of animal species
Valtris is a leading manufacturer of specialty polymer additives and specialty chemicals for a diverse set of end markets
Net profit in Q4 rose by 234% and stood at Rs.7.1603 crores as against Rs.2.1421 crores for the period ended March 31, 2021
The focus is on new technologies that will reduce emissions as well as on innovations that have a high technological fit with the Next Generation Solutions
Total income grew by 87% and stood at Rs. 781.15 crores in Q4
The company's revenue for FY22 increased by 55% to reach Rs. 5,892 crore whereas net profit increased by 109% to reach Rs. 649 crore
Brookfield will develop and build dedicated new solar and wind farms as well as possible storage solutions to support the renewable energy demands of the BASF Zhanjiang Verbund site with a fixed cost mechanism for 25 years
The investment for the research building, which also acts as an administrative center, amounts to around €40 million
The corporate office has been shifted to a much larger commercial office space, measuring an area of around 5700 sqft at Andheri Industrial Estate, Andheri West, Mumbai in keeping with the increased head count and major focus on expansion
Company's net income rose by 57.5 percent to 3.291 billion euros in Q1
The company's Q4 FY22 consolidated total income increased to Rs. 2,133.9 crore from Rs. 1,472.4 crore in Q4 FY21, a growth of 44.9% year-on-year
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