The Q3 revenue of the company grew by 5% to reach Rs. 85.6 crore thanks to Rs. 25.3 crore from exports and Rs. 60.3 crore from domestic market whereas PAT grew by 24% due to lower tax outgo
Indian chemical industry is expected to double its size and reach $300 billion by 2025 according to Indian Chemical Council (ICC), the national apex body of chemical industry.
The plant will be set up in Poland to meet growing global demand and strengthening global supply chain
The new plant will produce 40,000 metric tons per year (m.t./yr) of 100% hydrogen peroxide, and is expected to begin production in January 2023.
The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA66, PA6, PBT and POM
The company registered sales of Rs. 20,143.8 million for the third quarter of 2019 which ended on December 31, 2019, as compared to Rs. 14,049.9 million in the corresponding quarter of the previous year, representing an increase of 43%
This capacity expansion will be created through a joint venture partnership with Nippon Paper Papylia
The new technology is especially important in resins that incorporate high loadings of radiopaque metals because these fillers are known to exacerbate the degradation effect.
The study will evaluate the feasibility and design of a 10,000 tonne-per-year carbon capture unit in one of Chevron’s California facilities and is expected to be complete in the first half of 2020.
These new contracts are coherent with a low carbon footprint approach, in line with the Group’s Climate objectives.
The company has signed over 30 small on-site contracts including cryogenic nitrogen (N-Plant) and non-cryogenic oxygen (VPSA) and nitrogen (PSA) production plants in the last 12 months.
The company has introduced an artificial intelligence (AI) based search system to look efficiently for information useful for capital investment evaluation from the company’s knowledge databases.
The services will be provided as part of a consortium with the Design Institute for Gas Processing
The focus of the two-day event will be on ‘Leveraging the Uncertainty and Disruption’ in the chemical landscape
New technology center in The Woodlands, Texas to support the development of a new standards-based, open, secure and interoperable process control architecture and host ExxonMobil’s Open Process Automation Test Bed
Evonik has successfully closed the acquisition of the US company PeroxyChem for US$640 million after the responsible court in Washington D.C. dismissed the lawsuit filed by the Federal Trade Commission (FTC) to block the acquisition.
Adsale Exhibition Services, the organisers of Chinaplas, has announced the 2020 edition of the show has been postponed due to the coronavirus outbreak.
Innovation contributes to reducing food waste, lowering greenhouse gas emissions and promotes organic recycling
The competent anti-trust authorities approved the transaction beginning of January.
The acquisition of S. Zhaveri’s distribution business will significantly increase Azelis India’s presence on the Indian market and will give it a significant footprint in the fast-growing Indian pharmaceutical market.
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