Chemical | 17 November 2020
Black & Veatch joins Ammonia Energy Association
Company embraces membership as catalyst for making ammonia a key player in zero-carbon energy landscape
Company embraces membership as catalyst for making ammonia a key player in zero-carbon energy landscape
Net dropped 1.7% YoY in Q2FY21 and stood at Rs.30.70 crores
Company's recently launched Prenylium, which uses the skin matrisome concept to fight aging, is recognized as leading the category in terms of visionary innovation, new product attributes and customer impact
Company is planning to invest Rs. 150-200 crore in ammonia plant in FY2021 and another Rs. 600-800 crore in FY2022. In TAN plant, the company is planning to invest Rs. 600-800 crore in FY2022
Company's net profit also dropped sharply by 43.61% YoY and stood at Rs. 62.04 crore in Q2
The project comprises three backward integrated units for manufacturing of BRP, Sulphuric Acid and Phosphoric Acid with a total cost of Rs. 93 crore
The European hub reinforces the company’s commitment to accelerate technology partnerships, emphasizing an increased focus in Europe
Q2 sales declined by 5% YoY and stood at Rs. 180.8 crore
More than $3 billion for upcoming projects in chlor-alkali, EDC, maleic anhydride, methanol, ammonia, IPA, elastomers; $2 billion on infrastructure, port facilities; production start-up scheduled for 2025
Company's Q2 FY21 revenue is down 3% to reach Rs. 443.6 crore and PAT is down 21% to reach Rs. 73.9 crore
Company posted a gross profit growth of 6% to EUR 485.7 million in the first three quarters of the current fiscal
The company posted net profit of 228.13% YoY to Rs. 11.78 crore in Q2
Company had earlier planned to invest Rs. 390 crores for this project and commercial operation of the plant is expected to commence by March 2022
In the third quarter of 2020, sales of the Henkel Group decreased nominally by -1.5 percent to 4,999 million euros
Company plans to diversify into benzene downstream products having capacity of 55,000 MTPA and expansion of sulphuric acid and derivatives having capacity of 340,000 MTPA at Saykha GIDC, Bharuch, Gujarat
Company has commissioned 2 plants - P2 and P7 for manufacturing of HMDS with capacity of 1,800 MTPA each.
Company has posted net profit of Rs 15.80 crore in Q2
Company reported 5.65% YoY growth in Q2 top line revenues at Rs 221.59 crores on a consolidated basis
Company's net income also declined by 8.71% YoY and stood at Rs 460.89 crore during in Q2 versus Rs 504.86 crore in the year-ago quarter
Company's net profit increase 34.57% YoY and stood at Rs 66.28 crore for the second quarter
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