Company has selected Herøya Industrial Park as the site for a potential large-scale plant for battery graphite production.
The additional capacity is expected to come on stream by mid-2022.
Closure of the plant become inevitable due to a declining BDO market size in Japan and significant overcapacities in Asia.
The overall objective was to create a range of bio-based prepolymers which allow the PU processor to produce components with a reduced CO2 footprint.
BASF India has acquired 100% stake in BASF Performance Polyamides India Private Limited from BASF Nederland B.V. and BASF SE for an aggregate consideration of Rs. 302.90 crore.
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The new agreement reinforces the partnership and consolidates the commitment of both companies to the recycling of high quality polyethylene and polypropylene from domestic and industrial plastic waste.
The exports of Agri commodities during March 2020 to June 2020 were Rs. 25552.7 crore against an export of Rs. 20734.8 crore during the same period in 2019, showing a sharp increase of 23.24%.
The Paradeep unit has been temporarily shut-down for maintenance work from 15th August 2020.
Plant was shut due to non-availability of labor and spread of Covid-19 pandemic in the industrial belt around the plant.
The company has reported a decline in revenues by 46% YoY and total income stood at Rs.938.59 crores.
Investment in manufacturing facility meets increasing demand for more sustainable UV-curable adhesives for tapes and label applications.
EBITA increased by 7% from EUR 123.1 million.
When commissioned in 2021, the 9.34 MLD upgrade will be the largest implementation of MABR technology in the world.
Company's sales dropped by 22.63% YoY and stood at Rs 54.22 crore from Rs. 70.08 crore in June 2019.
Profit rose by 50% YoY and reached Rs 53 crore.
Under the partnership, the two parties will collaborate to market and sell Clariant’s sunliquid technology licenses, as well as services and supplies for advanced biofuel plants in China.
Profit After Tax stands at 28.49 million, growth of 5.60% YoY from 26.98 million.
Anand has been working with PI Industries since last two years.
The company's revenue declined 67% YoY and stood at Rs.122.29 crores.
Acquisition will accelerate Syngenta Seeds’ entry into South African seeds market.
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