Navin Fluorine International’s (NFIL) Q1FY24 net profit dipped 17.5% YoY to INR 615mn despite revenue growth of 24% YoY and lower depreciation charges of INR 150mn
The primary intention behind this acquisition is to establish a state-of-the-art manufacturing facility for the company
Innovative facility combines color development and application; uses AI tools
Net sales in the second quarter of 2023 decreased by -9.2% organically versus Q2 2022 driven by -13% lower volumes (€-458 million) in a weaker macro environment,
The expanded plant is specifically designed to meet the growing demand for sustainable solutions within the global tire and rubber industry
The increase in capacity will strengthen the company’s specialty chemicals portfolio for the semiconductor industry.
The Mobility Solutions business aims to help solve social challenges and achieve sustainable business growth by providing unique materials, features and services.
Emulsification is a process in which one liquid is dispersed as small spherical droplets into another immiscible liquid,
Capacity to increase by 25% in response to rising global demand
Going forward, the companies will operate the two MDI plants located at the site in Caojing, China independently
The price increase will be valid starting July 1, 2023 for all deliveries
The global agrochemical industry has been going through a challenging phase over the last two quarters as distributors prioritized destocking and focused on tactical purchases amid high channel inventories
The new manufacturing site is expected to come on stream approximately in 3 years
UPL reported revenue decline of 17.2% YoY. EBITDA and PAT declined 30.2% and 39.8%, respectively YoY
Fluor’s scope of work consists of modifications to the existing facility and a new, second production line that will increase capacity by 21,000 tons per year
The larger opportunity lies in feedstock to the upcoming and new age industries such as electronics, e-mobility, battery, and semiconductors
The Kuan Yin site will stop producing dry titanium dioxide pigment on August 1, 2023, and decommissioning will begin immediately
The next few years could well usher in a golden era for India’s chemicals industry. But the industry’s growth trajectory hinges on making major capex investments in a timely and cost-efficient manner.
SK Capital to support Ecopol’s rapid growth as the Company expands its production footprint into the U.S. to best serve its global customer base and leverages its innovative sustainable film capabilities to enter new markets
The alignment of R&D and sales and marketing, focus on bio-based biodegradable products and strong partnerships within and outside industry remained the centre of discussion at the eighth session
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