Company raised $645,000 from the University of Minnesota Discovery Capital Investment program and from angel investors.
Sites currently being expanded are Rochester, N.Y.; Petaluma, Calif.; Monterrey and Tijuana, Mexico; and Joensuu, Finland.
Sales from operations for Q1FY21 stood at Rs. 522.28 crores up by 17% YoY from Rs. 446.11 crores in Q1FY20.
The construction of the facility is targeted to commence in 2021 while production is scheduled to begin in 2023.
The research is focused on developing effective plastic recycling technology for a circular economy.
Clifford Chance Business Services has provided financial support to IIT Delhi for developing 3D-printer face shield.
This is the first methanol plant in the world that also allows production of small volumes of ammonia and the plant is designed to co-produce 450,000 tons of methanol and 135,000 tons of ammonia per year.
Total sales rose by 8.74% YoY and reached Rs.2837.90 crores in the first quarter.
The new lab will conduct fundamental research in order to develop novel silicone-based thermal interface products and solutions for the electrical vehicle market as well as for consumer electronics and telecommunication industries.
The capacity expansion is expected to be completed in the second half of 2022 with a target to increase production by 50 percent.
Cyber security, cloud, analytics, and big data, and artificial intelligence are three key areas in which companies are planning significant investment over the next three years.
Funds will be used to expand its manufacturing operations and production capacity at Manjusar, Vadodara.
Elkamet will be using SABIC’s LEXAN polycarbonate (PC) resin based on certified renewable feedstock in several end applications for the lighting industry.
The notes were issued in connection with the 2015 Dow Chlorine Products acquisition.
The latest Form Fill Seal (FFS) formulations incorporate 40% r-PS, depending on final application based on Trinseo’s technology, which embeds the material into the polymerization process using solvent processes.
Through Discover, companies can connect with DKSH’s innovation and formulation specialists from a network of 46 innovation centers worldwide.
The funds will be used by IMCD to finance the acquisition of 70% of Signet Excipients Private Limited, one of the leading distributors of excipients in India.
Based in Mumbai, Signet is also active in India, Bangladesh, the Middle East and Africa.
Acquisition further strengthens BASF’s competitive position in the crop protection industry by delivering a new tool to fight weed resistance.
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The partnership targets advancements in all technical aspects to enable scaled investment in advanced commercial recycling solutions.
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