Company has decided to divest LSI business through a sale process, to be initiated in second half of the year.
Innovative material enables smart sleep technology to be embedded in the pillow.
Company swings to a net loss of 52 million euros.
Revenue likely to decline by ~26/24% YoY/QoQ and EBITDA would decline by 29/33% YoY/QoQ owing to the lockdown.
Sales grew by 6% and stood at Rs. 663 crore.
ADNOC will hold a 60% majority equity stake in the JV with ADQ holding the remaining 40%.
New partnership will expand reach of sustainable solutions to suppliers along chemical value chain
The product acts as an effective disinfectant, thanks to the alcohol and hydrogen peroxide content, and as an emollient, because of its glycerine content.
Sales declined 25.45% to Rs 1805.80 crore versus Rs. 2422.39 crore in FY19.
The new facility will help to carry out far-sighted capital investment and technology demonstration.
Today, just 15% of EU-collected plastic waste in the EU finds its way back into the EU plastic market.
The new mandate builds on existing distribution relationships that the two companies have in Europe, including Red Arrow in Poland.
Following the completion of the transaction, Daicel will own 100% of Polyplastics.
Agreement provides Mitsui exclusive sales and distribution rights throughout Asia - excluding China.
Starting July 18, the tariff rate of anti-dumping duties levied on some U.S. companies will be between 254.4 percent and 267.4 percent, according to the statement.
Company's second-quarter performance negatively impacted by lower prices, demand due to COVID-19.
Company's market environment is in a positive trend overall, with a broadly stable global grain balance and receding urea supply pressure.
Fixatti is an internationally renowned company, which operates two sites in Europe and one in China, employs 180 people, and reports sales of some €55 million.
The E-conference, while discussing the survival and way forward for the industry, will also focus what should be the way for a sustainable Indian chemical industry to make the sector more resilient.
Key factors driving growth is a strong monsoon and high hygiene awareness due to COVID-19.
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