Company expects to use the proceeds from the offering for general corporate purposes and to repay certain outstanding indebtedness by approximately $61 million to lower total debt to about $162 million.
As a digital showcase of chemistry expertise and available equipment of SOCMA member companies, the tool can be leveraged by industry buyers for sourcing new business partnerships and identifying companies that have unique and specialized manufacturing capabilities.
Some of the salient features of their developed 3D printed antimicrobial face-shields include, highly occlusive, transparent, easy-to-design, low cost, easy to wear, antimicrobial in nature, excellent chemical stability, non-fragile and easy to clean with the existing sanitizers or any alcoholic disinfectant.
The institute has invested over Rs 350 Cr in the last few years to solve grand challenges by leveraging high-tech research facilities.
IMCD will distribute Evonik’s Performance Materials range of sodium and potassium alkoxides in UK, Ireland, Nordics, France, Spain, Portugal and The Netherlands
Portfolio covers entire value chains for green chemicals , from hydrogen production to sustainable manufacture of ammonia, methanol, synthetic natural gas and fertilizers.
Currently, the first buildings with Siemens’ technology and ExyCell modules are being designed for cell and gene therapy manufacturing and biologicals production in China and Europe.
The net sales touched Rs. 26.37 crore in March 2020 up 33.38% from Rs.19.77 crore in March 2019.
The proceeds of the Notes, if issued shall be utilised to fund buy back through tender offer of existing $500 million 3.25% Notes – due in 2021 (Bonds), in whole or part.
Globally, as of May 2020, the company’s sales volumes of Soda Ash and Sodium Bicarbonate were over 70% of the same period last year, with the UK operation ahead of last year.
The acquisition supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market.
In the ongoing current COVID-19 pandemic, the company is fully geared up to face the upcoming challenges and ready to capitalize on the opportunities coming its way.
The setting up of EGoS and PDCs will make India a more investor friendly destination and will help in further smoothening investment inflows into the country thereby giving a big fillip to domestic industries.
The company has reported a huge drop in net profit for Q4 FY20 where by the profit declined 78.73% to Rs 1.91 crore as against Rs 8.98 crore during the previous quarter ended March 2019.
Sales rose 5.70% to Rs 445.77 crore in the quarter ended March 2020.
Company has filed 15 applications in Q4FY20 and overall the company has applied for 205 patents. The company has been granted 10 new process patents in Q4FY20 taking the tally to 70 global patents.
India presents growing opportunities for Australia’s critical minerals, especially as the nation looks to build its manufacturing sector, defence and space capabilities.
Together with other WBCSD partners, we will be able to accelerate this transition and provide innovative solutions that contribute to the Sustainable Development Goals defined by the UN.
The company kept all the plants partially running despite the lockdown as it is a supplier to the essential industry of pharmaceuticals and healthcare.
Tamturbo will complement Sulzer’s portfolio well, leading to scale effects from Sulzer’s strong industrial brand reputation, its experience in manufacturing similar compressor products, its capillary worldwide sales and service network, and its access to key suppliers.
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