Chemical | 31 August 2020
GNFC quarterly profit drops sharply due to Covid-19 pandemic
Company's sales in Q1FY21 stood at Rs. 700.23 crore, which declined by 42.13% .
Company's sales in Q1FY21 stood at Rs. 700.23 crore, which declined by 42.13% .
Under the agreement, DKSH will provide marketing and sales, inventory, business development as well as distribution and logistics for ddchem.
With the acquisition, Borealis will broaden its extensive and sophisticated portfolio, with complementary products and technologies for semi-conductive, flame retardant, rubber and silane cross-linkable compounds.
The company is unsure of the manpower situation for expanding the manufacturing operations for new projects due to Covid-19 lockdown.
The company is planning a mega expansion plan with respect to chemicals such as Caustic Soda, Chloromethanes, Phosphoric Acid, Hydrazine Hydrate and Chlorotoluene.
The company's sales fell by 51% YoY and stood at Rs.41.36 crores in Q1FY21.
Vitalus Nutrition focuses on unlocking the nutritional value of milk and transforming its components into ingredients used in nutritional food and beverage applications, like VITAGOS.
Company has postponed the commencement of regular operations by the unit due to increasing number of Covid-19 cases in the state of Punjab.
The company's sales fell by 19.63% YoY and stood at Rs.106.11 crores in the first quarter.
The German chemical giant is battling thousands of lawsuits in the US arising from its takeover of rival Monsanto.
Dow’s sites in Sabine, Beaumont, Deer Park, La Porte, Bayport and Texas City safely shut down operations prior to Laura making landfall.
The fundraise will allow the company to deliver the first phase of the definitive feasibility study (DFS) for the Dogou Extension (DX) Sylvenite project.
Mardie project will produce 4.4Mtpa of high-purity salt and 120ktpa of sulphate of potash via solar evaporation of seawater.
The company has opened a regional office in Gujarat and hired several employees to lead its India operations.
New manufacturing plant will supply advanced customized solutions to animal nutrition industry.
The company is planning to commence the project construction work by December 2020, subject to timely clearance from statutory authorities and other factors.
Refinverse Group built an integrated system extending from waste treatment to production of resin, thereby supplying a diverse range of recycled resources.
The merger of BASF Performance Polyamides with BASF India Limited would strengthen the company’s position as a solution provider for key industries and would enhance market access to key growth markets.
Goyal said that this is a prototype only and will be developed further with inputs from states, to make it an effective, transparent mechanism of land identification and procurement.
All four business units, Syngenta Crop Protection, ADAMA, Syngenta Seeds and Syngenta Group China, increased their underlying sales in comparison to the previous year.
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