Chemical | 24 February 2020
GACL completes SBP expansion at Dahej
Gujarat Alkalies and Chemicals has commenced commercial production of Stable Bleaching Powder (SBP) Plant at Dahej
Gujarat Alkalies and Chemicals has commenced commercial production of Stable Bleaching Powder (SBP) Plant at Dahej
Company has been recently awarded a contract to provide engineering, procurement and construction for a new 400 kilo-ton-per-annum adiponitrile (ADN) plant in Shanghai, China
The 5th Meeting of the Task Force discussed issues regarding policy relaxations to small, medium and large API units and also simplification of the process for environment clearance for production and availability of medicines
Veolia Water Technologies will support a major expansion of a mill in Brazil by providing a turnkey chloride removal system designed to optimize the processing of wood-derived pulp used in the making of cellulose fibers
Sales from continuing operations grew by 10.1%, at Rs. 188.3 crores for the quarter ended December 2019, as against Rs. 171.1 crores for the corresponding quarter in the previous year
Company's Q3 revenues stood at Rs. 2,195 crore, up by 4% whereas its Chemical revenues at Rs. 1,371 crore down by 1% Y-o-Y.
Company's revenues stood at Rs. 587 crore in Q3 FY20 as compared to Rs. 458 crore in Q3 FY19, higher by 28% Y-o-Y. Balanced growth across bais chemicals, fine and speciality chemicals and performance products segment resulted in robust topline performance during the quarter
Company's Q3 FY20 revenue was down 23% to Rs. 1,119 crore in comparison to Rs. 1,453 crore in Q3 FY19.
Southern Magnesium and Chemicals Limited (SMCL) Q3 2019-20 revenue is down by 64% to reach Rs. 65 Lakh in comparison to Rs. 1.80 crore in Q3 2018-19.
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.
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