Chemical | 21 August 2024
FMC submits regulatory applications in eight countries for Dodhylex active herbicide
FMC anticipates the first launches of Dodhylex active in 2026
FMC anticipates the first launches of Dodhylex active in 2026
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DuPont plans to discontinue its production of DVB as part of its strategy to focus on downstream applications
Chlorine integration improved to 62%, up from 60% in the previous year
The company is also expecting around 20-25% revenue coming from fluorination chemistry
Ovniver Group offers a wide range of innovative solutions for residential and non-residential construction markets
More than 40% of the new products that we are commercializing are all non-Agchem
Projects include MIBK and MIBC, nitric acid, enhanced nitration, hydrogenation and specialty chemicals
This is expected to result in a total production shortfall of approximately 14,000 tons
The newly acquired company will manufacture chemicals and operate in areas aligned with the group
H2O2 will add to the company’s chemicals business product portfolio and is a downstream to hydrogen produced at the chemicals complex
Omkar Chemicals operates a manufacturing plant in Panoli, Gujarat with an annual capacity of around 20,000 MT of Surfactants
The Board has also approved the appointment of Kearney as Strategic Management Consultant (SMC) for setting strategic direction for the company
The growth Capex in new businesses is Rs. 3,000 crore, which is 66% of the total capital expenditure
Material based on ISCC PLUS certified sustainable raw materials has a CO2 reduction potential of 99%1 compared to fossil-based product
The business landscape is becoming more complex, and the chemicals industry is feeling the impact of heightened volatility where we have to contend with a longer period of overcapacity and low demand
Next generation leaders lay thrust on adoption of new technologies, driving innovation in product development, skill development and customer engagement
Sika sells its products through 30,000 points-of-sale across the country
Capex will be financed through internal accruals and preferential issue and the company intends to be net cash positive throughout these strategic investments
Q1 FY25 Capex is about Rs. 270 crore
Q1 Revenue stood at Rs. 372.17 crore
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