The company's subsidiary in the US will be distributing industrial rubber good products in North America.
Company has got final approval from the US regulatory authorities.
The transaction is subject to the approval of the relevant authorities and is expected to be closed around mid-2021.
Phosphatic fertiliser companies will be major beneficiaries of the volume growth as the sales volume for this particular segment has nearly doubled in the first quarter of fiscal year 2021 compared to the same period of previous fiscal, while raw material prices have remained subdued.
The company confirmed its forecast for the full year and still anticipates EBITDA pre exceptionals of between EUR 800 million and EUR 900 million for 2020.
Company's consolidated net revenue dropped by 4.91% YoY and stood at Rs1,636.58 crore
Company's total income declined 9.93% YoY and stood at Rs.937.55 crores in Q1FY21.
Through this collaboration with Plastic Energy, Sealed Air is helping to eliminate plastic waste, support complementary approaches to recycling and enable its customers to incorporate recycled plastics back into their packaging.
The new venture will focus on innovation in vegetable varieties with the goal of lifting the vertical farming space to the next level of quality, efficiency and sustainability.
Production at the new plant to start from October 2020.
Net losses during the second quarter amounted to SR2.22 billion ($0.59 billion).
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DMP will be combined with ESI’s existing Chemtech metals recycling business to form MacDermid Envio Solutions.
Sales decline 37.27% to Rs 469.61 crore.
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Agreement provides Helm exclusive sales and distribution rights throughout Europe.
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The company's profit grew by 7.5% YoY and stood at Rs. 56.5 crore
As per terms of the deal, Biesterfeld will distribute pectin, carrageenan, xantham gum, gellan gum, and citrus fiber in the Czech Republic, Slovakia, Hungary, Estonia, Lithuania and Latvia.
Company to offer blended liquid and gel hand sanitizer as bulk and packaged products.
The innovation center will focus on new developments in fungicides, insecticides, herbicides and crop establishment.
Key features of the center include interactive footwear exhibits, biomechanics lab and manufacturing facilities to boost footwear design capabilities.
The acquisition is subject to anti-trust approval and is expected to be closed by September 2020.
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