It will help the group to provide effective lightweighting solutions to automakers and auto parts manufacturers with European bases while also responding to global demand growth.
Sales rise 18.08% to Rs 227.57 crore
The closing of the transaction is subject to the usual external approvals, as well as transitional processes at the operations, which are scheduled for completion during the course of Q3 2020.
The stripper was completed on at Schoeller-Bleckmann Nitec GmbH (SBN) in Austria, and will be stored at an SBN shop, while it awaits shipment.
Company seems confident of strong cash flow generation in the second half of the fiscal year.
Lack of manpower from workers to the supervisory level, uncertainty in supply chain and logistics issues have hampered the production seriously.
Solenis is expanding production at its Ankleshwar facility in India to manufacture its next-generation Pergafast 425 color developer for the thermal paper market.
The COVID-19 lockdown will result in low sales volumes in Q1 FY21. Even revenue and profitability will be impacted in Q1 FY21 in line with the fall in sales volumes along with future developments under this situation.
The Nangal plant of the company in Punjab has signed an MoU with ITI, Nangal to train youth in 12 trades.
Arvind Agarwal is a senior IAS officer of the Government of Gujarat having more than 33 years experience.
The demand for companies products and supply chains has been adversely affected due to lockdown in many countries and overall slowdown in the economy.
The transaction remains subject to additional regulatory approvals and customary closing conditions.
With LATAM now the COVID-19 epicenter, Solvay’s Polymer Additives group is providing essential medical PPE.
In signing the letter along with other major UK businesses, Croda is asking the UK Government to build a sustainable, inclusive and resilient UK economy following the Covid-19 pandemic.
The strategic partnership aims to expand the customer base of Merck’s Liquid Crystal Windows business and to broaden the package of architectural solutions offered by Guardian Glass.
Company expects to use the proceeds from the offering for general corporate purposes and to repay certain outstanding indebtedness by approximately $61 million to lower total debt to about $162 million.
As a digital showcase of chemistry expertise and available equipment of SOCMA member companies, the tool can be leveraged by industry buyers for sourcing new business partnerships and identifying companies that have unique and specialized manufacturing capabilities.
Some of the salient features of their developed 3D printed antimicrobial face-shields include, highly occlusive, transparent, easy-to-design, low cost, easy to wear, antimicrobial in nature, excellent chemical stability, non-fragile and easy to clean with the existing sanitizers or any alcoholic disinfectant.
The institute has invested over Rs 350 Cr in the last few years to solve grand challenges by leveraging high-tech research facilities.
IMCD will distribute Evonik’s Performance Materials range of sodium and potassium alkoxides in UK, Ireland, Nordics, France, Spain, Portugal and The Netherlands
Subscribe To Our Newsletter & Stay Updated
