Total deal amount is Rs. 12,000 crore and the acquisition will result in APSEZ having a controlling stake of 75% in KPCL from the CVR Group and other investors.
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With low gas prices, the production benchmarked to the International Parity Pricing will also remain competitive against imports and the profitability on the same is also expected to remain healthy.
SABIC, Fibertex to use recycled plastics in nonwovens for hygiene sector.
The survey was initiated with the objective of assessing data preparedness of ministries/departments on a standardized framework to drive healthy competition among them and promote cooperative peer learning from best practices.
The acquisition has been closed based on clearing of all regulatory approvals.
The business has been renamed as NuCera Solutions with new CEO & CFO on board.
The acquisition of Erber Group’s Biomin further strengthens DSM’s expertise and reputation as a leading provider of animal health and nutrition solutions for farm productivity and sustainability, with an emphasis on emissions reduction, feed consumption efficiency, and better use of water and land.
This marks the second investment by TPG in a subsidiary of Reliance Industries, following a Rs. 4,546.8 crore investment in Jio Platforms announced earlier this year.
The investment values RRVL at a pre-money equity value of Rs. 4.285 lakh crore. GIC’s investment will translate into a 1.22% equity stake in RRVL on a fully diluted basis.
The business friendly reforms carried out by the government have helped India to emerge as one of the best investment destinations among emerging economies, the minister said at CII Life Sciences Conclave 2020.
Mubadala’s investment will translate into a 1.40% equity stake in RRVL on a fully diluted basis.
The project completed at the site is part of the previously announced carboxylic acid expansions in the short and mid-term.
The project has been launched for home delivery of fertilizers to farmers in Andhra Pradesh.
Company has launched range of sustainable luxury packaging with 50% recycled content.
All three companies have been awarded for their extraordinary Safety – Health – Environment (SHE) performance in fertilizer production.
Harnessing digital technology for increased automation, the pilot plant is able to move from single to continuous batch process, increasing efficiency, speed and reducing the use of raw materials.
The value of the order is SEK 9 million and applies to deliveries up to and including the spring of 2021.
With this takeover, ALPLA is expanding its core business in the PET area in India and all 50 employees will be taken over by ALPLA.
On December 21, 2019, BASF and an affiliate of Lone Star had signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business.
Company was recognized for its continued efforts in upholding the highest environment, health and safety standards through the efficient management of its operations.
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