Chemical | 05 May 2021
Solvay’s 1Q21 result sees double-digit growth in Cash and EBITDA
Structural cost savings of €80 million achieved in Q1, up 78% versus Q4 2020.
Structural cost savings of €80 million achieved in Q1, up 78% versus Q4 2020.
The consideration consists of $335 million in cash and certain assumed liabilities with the remainder in future proceeds based on the performance of the business
Company renamed Verdant Specialty Solutions under leadership of new CEO
The collaboration is especially advantageous because it allows Borealis to take major strides in its efforts to lower CO2 emissions while at the same time increasing production efficiency and maintaining cost competitiveness
Company is unveiling plans to build a second biomass boiler, which will complete the thermal coal phase-out by 2025 and make Rheinberg the first soda ash plant in the world to be powered primarily by renewable energy
The acquisition of Vigon enables Azelis to gain a strong position in the growing and non-cyclical markets of flavors and fragrances in the Americas
The proceeds of the fresh issue would be used towards funding the working capital requirements and general corporate purposes.
ICICI Securities and Axis Capital among other investment banks are advising the company on the IPO.
Going forward, time bound commissioning of capacities in Mithapur and Dahej coupled with growth of Specialty products are critical steps towards transformation of the company
In 4Q, high operating rate of plants were witnessed across manufacturing facilities with crackers operating at full throughput
The ammonia and urea plants of Zuari Agro Chemicals have been shutdown for annual maintenance
Target is to further develop a world-scale production set-up for bacterial enzymes and biotechnology products
From 2022, Lufthansa Cargo will equip all Boeing 777 freighters with AeroSHARK
As of 2nd May 2021, the Government has provided more 16.54 crore COVID-19 vaccine doses to States/UTs free of cost
First company in the world to launch Ryaltris-AZ, as a novel fixed dose combination of Mometasone furoate 50 mcg + Azelastine 140 mcg
The size of the plant will be 12.50 MW and will cater to the energy requirements of Anupam Rasayan's major units
Amyris announced that it has signed an agreement with Ingredion Incorporated for the exclusive licensing of Amyris’s zero-calorie, nature-based, fermented Reb M sweetener
The company reported total income of Rs.390.05 crores during the 12 months period ended March 31, 2021
The companyreported total income of Rs.2915.67 crores during the 12 months period ended March 31, 2021
The progress has been encouraging with approvals and launches in the US, EU, Japan, Australia and Emerging Markets. Post Mylan Upjohn (Pfizer) merger, the scope has been extended to China as well.
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