Chemical | 02 November 2022
Dhanuka Agritech Q2 net profit up by 15.2% to Rs. 73.02 crore
Total revenue grows 23.7% Y-O-Y to Rs 542.90 crore
Total revenue grows 23.7% Y-O-Y to Rs 542.90 crore
Inorganics Chemical division’s revenue grew by 98% to Rs. 1,130 crore in Q2 FY23 as compared to Rs. 572 crore in the Q2 FY22
Brownfield expansion to introduce a new speciality chemical to aid Barium portfolio diversification is on track and is expected to be commissioned by H1 FY24
This renewed contract will enable Aether to add to their topline by approximately Rs. 100 crore in FY23
Most of the new growth Capex investments are happening on the Specialty Chemicals and Nutrition side
With around 300 people already working at this site, the construction activity has started fully and hopefully the company will commercialize the first phase of the plant by December '23
Sumitomo India is on track to supply two (out of five planned) proprietary products to SCC Japan and its global affiliates in H2FY23 and Q1FY24, respectively.
Selling prices for synthetic resins, methyl methacrylate and various industrial chemicals improved due to an increase in raw material prices.
Quarterly adjusted EBITDA of $547.8 million
EBITDA: $1.1 billion, $1.2 billion excluding identified items
This acquisition will bring additional strategic assets, innovative new technology, talented people, and strong customer relationships into Dorf Keta
Agreement includes organic peroxides for rubber and plastic additives customers in Belgium, France, and Turkey
NFIL’s ambition is to reach revenues of US$100mn from CDMO by FY25.
The company will be commissioning its new MPP plant this year towards Q4
The company has signed two contracts with one of the leading European crop protection companies for supplying two niche life science related specialty chemicals in Q3 FY23
The company has reported total income of Rs. 1132.20 crores during the period ended September 30, 2022
In Surat, the company will continue to do debottlenecking to get additional capacity as well as continue to look at the product mix so that the company can move up the value chain
PCBL expects demand in the export markets to be volatile in the near term on Europe situation (Europe was contributing significantly to export volume growth).
Methylamine plant with a capacity of 40,000 tons and N-Butylamines plant with a capacity of 15,000 tons per annum
The company achieved best-ever quarterly refining throughput in North America and highest globally since 2008.
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