Chemical | 29 July 2020
Govt. announces guidelines for setting up bulk drugs parks
The total financial outlay of the scheme is Rs. 6,940 crore.
The total financial outlay of the scheme is Rs. 6,940 crore.
The company sales also declined 27.58% to Rs 51.50 crore in Q1 FY21 as against Rs 71.11 crore last year.
The company posted a net profit of Rs 19.19 crore in Q1 FY21.
Operations from Kaiserslautern, Germany; Wehr, Germany; and Ferrara Marconi, Italy will be relocated to Forli, Italy
The innovation centers feature an improved infrastructure, including an advanced ventilation system for paints and coatings applications as well as state-of-the-art laboratory equipment with a high-end skin analyzer for personal care applications.
DFC has sanctioned $765 million to support launch of Kodak Pharmaceuticals
Manus Bio will use its advanced bio-fermentation platform and industrial manufacturing capabilities to develop a robust production process at the volumes and costs required to enable widespread use as biopesticides.
Company generated free cash flow of €233 million for the second quarter, up 89.8% compared to previous year.
Decision based on several representations from the industry
Sales in the three months through June fell about 12% to €12.7 billion euros.
Sales dropped due to COVID-19 pandemic, which triggered a downturn in overseas caustic soda market conditions, weak petrochemical product sales prices, and lower export volumes of dental materials to Europe and the United States.
It is made from non-edible and de-oiled Neem cake fertiliser, originating from Maharashtra.
New classes of actives will be produced, such as pDNA and mRNA-based vaccines.
The transaction was examined under the normal merger review procedure.
Since March, the company has distributed more than 10 million yards of reusable medical fabrics in response to the global shortage of personal protective equipment (PPE)
Sales drop to $1,247 million YoY versus $1,784
Sales decline 38.79% to Rs 30.39 crore.
The transaction with AOC is expected to close prior to the end of calendar year 2020, contingent on customary regulatory approvals and standard closing conditions.
The annual production capacity is planned to be 50,000 tons of cellulosic ethanol, processing around 250,000 tons of wheat straw, which is an abundant resource in the region, also known as the granary of Bulgaria.
The transaction is expected to close in the second half of 2020.
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