The equipment will be purchased by Air Products, which will build and operate the facility in parallel with its largest ever U.S. investment.
The proposed acquisition would take place in accordance with the applicable obligations concerning the consultation of staff representative bodies and would be subject to prior authorization by the competent merger control authority.
Government has launched schemes for development of three Bulk Drug Parks and four Medical Device Parks across the country.
PPG scientists will collaborate with LBNL experts to model the complex physics that contribute to paint flow and leveling in a two-layer coatings system.
The company will be fully integrated into IMCD’s organisation in 2021.
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.
.jpg)
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.
Subscribe to our newsletter & stay updated.
_IndianOil_256_275.jpg)
