Chemical | 25 July 2020
Atul Ltd profit declines 20.06% in first quarter
Sales decline 36.52% to Rs 660.56 crore
Sales decline 36.52% to Rs 660.56 crore
The company's revenue stood at Rs. 440 crore as against Rs. 879 crore in the corresponding period last year.
The delisting offer was open between July 17 and July 22.
The company, a major manufacturer of caustic soda and liquid chlorine, has been incurring heavy losses since 2009-10, with its net worth going in the red.
Clariant’s EnviCat VOC catalyst removes up to 99% and beyond of VOCs and CO with exceptional conversion and cost efficiency.
Sales were down by 24% as against last year and stood at $8.4 billion.
The donation was part of Corporate Social Responsibility projects committed by the company for the year 2019-2020 under which five projects were implemented with an expenditure of over INR 1.6 crores over the year.
Company has decided to divest LSI business through a sale process, to be initiated in second half of the year.
Innovative material enables smart sleep technology to be embedded in the pillow.
Company swings to a net loss of 52 million euros.
Revenue likely to decline by ~26/24% YoY/QoQ and EBITDA would decline by 29/33% YoY/QoQ owing to the lockdown.
Sales grew by 6% and stood at Rs. 663 crore.
ADNOC will hold a 60% majority equity stake in the JV with ADQ holding the remaining 40%.
New partnership will expand reach of sustainable solutions to suppliers along chemical value chain
The product acts as an effective disinfectant, thanks to the alcohol and hydrogen peroxide content, and as an emollient, because of its glycerine content.
Sales declined 25.45% to Rs 1805.80 crore versus Rs. 2422.39 crore in FY19.
The new facility will help to carry out far-sighted capital investment and technology demonstration.
Today, just 15% of EU-collected plastic waste in the EU finds its way back into the EU plastic market.
The new mandate builds on existing distribution relationships that the two companies have in Europe, including Red Arrow in Poland.
Following the completion of the transaction, Daicel will own 100% of Polyplastics.
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