Chemical | 22 October 2020
NFL distributes cotton plucking machines to farmers
National Fertilizers Limited distributed 75 cotton plucking machines to farmers in Rajasthan.
National Fertilizers Limited distributed 75 cotton plucking machines to farmers in Rajasthan.
The acquisition of Nardev is aligned with Barentz’ strategy to strengthen their position in Asia-Pacific, as well as to become a global leader in life science ingredients.
JM’s state of the art, £7.5 million fuel cell component facility in Shanghai complete and commissioning now in progress.
The cluster should be developed in a way where larger units might have their own independent systems but for MSME units there should have a common effluent system, common utility support etc.
The facility will become the largest MCA plant in India and it will use chlorine and hydrogen manufactured by Atul to produce up to 32,000 metric tons of MCA per year, with the possibility to expand this to 60,000 metric tons per year in the future.
DKSH has been appointed by The Original Beverage Sdn. Bhd. to distribute honeyB – an award-winning and halal-certified ready-to-drink sparkling honey beverage – in Malaysia and Brunei.
The raw material used for the Mysoda sparkling water makers is UPM Formi EcoAce biocomposite, which is made of wood fibres and renewable based biopolymer, derived from UPM BioVerno naphtha.
The company's sales grew 22% YoY and stood at Rs.188.26 crores during the period ended September 30, 2020 as compared to Rs.153.33 crores last year.
The contracts also include the supply of municipal and industrial wastewater treatment equipment and technical services.
The company has reported a jump of 15% YoY and total income stood at Rs.2064.61 in second quarter.
ICN's e-conference on 23rd Oct 2020 will see participation from India's top companies and technology providers from chemical industry.
Karnataka Appellate Tribunal vide its order dated 16th October, 2020 has granted stay on recovery of demand aggregating to Rs.38.86 crores pertaining to the period 2013-2014.
As per new order, the compensation amount has been reduced to US$494,380.53.
Company has received further sum of Rs.12 crores on Oct 19, 2020.
Company has approved allotment of 1,33,92,663 equity shares at a price of Rs.133 per equity share.
NOVA Chemicals has agreed to sell its expandable styrenics business to a subsidiary of Alpek.
The company recorded consolidated revenues of Rs.725 crore for the quarter ended 30 September, 2020, a decline of 3% over PY of Rs.749 crore.
Closing of the transaction is subject to certain contractual closing conditions and regulatory approvals and is expected to occur in Q4 2020.
More than two-thirds of the MNC respondents view India as the number one choice for future investments.
The US-China trade war and the Covid-19 pandemic would accelerate the pace of this shift as global supply chains would want to completely hedge themselves from supply disruptions.
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