Chemical | 30 January 2021
Celanese increases dividend by 10%
The new dividend rate will be effective immediately.
The new dividend rate will be effective immediately.
The new facility will recycle more than 250 million pounds of plastic a year by 2025.
The permanent revocation of the closure order is not likely to materially impact in any way operations of the Bhavnagar Plant or the company.
The proposed combination relates to the acquisition by IIPL of Indo Gulf Fertilizers viz. fertiliser division of Grasim Industries Limited (GIL) as a going concern on a slump sale basis.
The Advanced Intermediates and Specialty Additives segments also recorded a business development above expectations.
The company has concluded our acquisition of Richcore Lifesciences on 20th Jan 2021.
Inorganics Chemicals division’s revenue is Rs. 528 crore in Q3 FY21.
Profit After Tax (PAT) on a consolidated basis stood at Rs. 161 crore, down Rs 6 crore from the same period last year.
Eastman Chemical’s Q4 2020 revenue fell 0.9% to $2.19 billion from $2.21 billion last year.
Net sales at Rs. 2,290 crore grew by 20% (excluding PAPL 16%) over the same quarter last year.
The Dow team delivered top- and bottom-line growth in the fourth quarter, reaching pre-pandemic levels across most businesses as the economic recovery continued to gain traction.
ICICI Securities is disappointed on gross margin dip despite rising mix of CRAMS and specialty.
The proposal relates to a tender offer for all the issued and outstanding shares of Tikkurila at an offer price of €31.25 per share, representing a total equity value of around €1.4 billion
The comprehensive handbook will provide sector overview on Chemical, Petrochemical, Gas, Energy and Pharmaceuticals besides exclusive perspectives and interviews from select industry leaders
To recognize companies and individuals with commendable achievements in the field of Chemicals and Petrochemicals, the Federation of Indian Chambers of Commerce and Industry (FICCI) holds a gala Awards event annually.
Shroff was conferred one of India's highest civilian awards, the Padma Bhushan, for his contribution to the field of trade and industry.
Lonza maintained business continuity during the COVID-19 pandemic with minimal impacts to operations and supply throughout 2020.
The company has also set up a new sulphuric acid manufacturing facility at Indore unit having capacity of 170 TPD.
LG Chem is targeting 2021 revenue target of 37.3 Tn KRW.
The latest CAB reading is consistent with expansion in the U.S. economy,.
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