Chemical | 28 February 2020
Himadri Speciality Chemical setting up 2 plants
Company is setting up two plants with cumulative total capacities of 80,000 MTPA.
Company is setting up two plants with cumulative total capacities of 80,000 MTPA.
All the key projects including the expansion of chlorination capacity, investments underlying various long-term contracts, etc. are on track to be commissioned as per scheduled timelines
Company has announced the availability of color masterbatches for use in producing new FAKRA high-speed data connectors for next-generation automobiles
The platform has been tested and piloted with early adopters and has already been fully deployed in multiple facilities
The contract is for a period of seven year's and this product is not part of Navin Fluorine's existing product portfolio. The capex and project will be executed through its wholly owned subsidiary, Navin Fluorine Advanced Sciences Limited (NFASL)
BASF has revealed by 2030 the company wants to increase the proportion of women in leadership positions to 30 percent worldwide.
JV will drive growth by turning out high-tech, high purity products with high added value including semiconductors
The world-scale propylene oxide, tertiary butyl alcohol project goes vertical
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
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