CSCPL is a subsidiary of Anthea Aromatics Private Limited (AAPL; 75% stake) and Solvay Speciality and Plastic Holding (Solvay; 25%).
However, the profit margins are expected to witness some moderation in FY2022 as compared to FY2021.
Total cost of the ongoing greenfield project of APL is envisaged at around Rs.818 crore.
Sicagen India has announced that the manufacturing unit of speciality chemicals division of the company situated at Thirubuvanai, Pondichery has been re-located to Tuticorin.
Rossari Biotech made two strategic big-ticket acquisitions in the speciality chemical space in Q1.
Phillips Carbon Black Ltd is now PCBL Ltd
HDFC Bank Limited and Kotak Mahindra Capital are the book running lead managers to the issue.
For chemical companies, the past two years’ events may be a warning that better systems are needed for navigating disruption says Deloitte’s 2022 Chemical Industry Outlook
NAPCO Chemical manufactures and distributes water treatment chemicals
This acquisition on allnex highly fits to the GC Group’s growth strategy
The two projects will be developed by State Infrastructure & Industrial Development Corporation Uttarakhand Limited (SIIDCUL) at a cumulative cost of about Rs. 100 crore
Huntsman has not set a timetable for the conclusion of its evaluation of strategic alternatives for the Textile Effects Division
Commissioning is slated for the second half of 2023
With systematic investments, the Company is in the process of increasing the capacity at Rehla and Balabhadrapuram site
The government made feedstock wise enhanced ethanol prices attractive
The plant's existing manufacturing capacity is pegged at 16,500 MTPA
The acquisition is subject to customary closing conditions and is expected to close in summer 2022
Gujarat Fluorochemicals FZE will focus on trading and manufacturing of chemicals
The company acquired an additional industrial plot at Saykha Industrial Estate
US CPRI expanded by 0.6% in November following a 0.3% decline in October
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