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Chemical
Chemical | 17 August 2022

Henkel H1 2022 Group sales higher at 10.9 billion euros; Raises sales guidance for 2022

Group sales in the first half of 2022 grew organically by +8.9 percent to around 10.9 billion euros (nominal +9.9 percent), driven by all business units and regions

Chemical
Chemical | 17 August 2022

Shiva Engineering Services bags EPCM contract for new ink and adhesives facility in India & Egypt

As balance of plant engineer and construction manager, SES will play a key role in supporting the construction of this innovative facility which will provide a processing capacity of higher metric tonnes of Adhesives and Inks

Chemical
Chemical | 17 August 2022

Merck KGaA to acquire chemical business of Koreas-based Mecaro

The acquisition of Mecaro’s chemical business is another milestone to accelerate innovation in Merck’s Semiconductor Solutions business unit, one of the company’s three growth engines (Big 3), through targeted smaller to medium-sized acquisitions with high impact

Chemical
Chemical | 17 August 2022

Nouryon signs distribution pact with Brenntag for tagged polymers in the US and Canada

As the sole distributor of Nouryon’s proprietary LumaTreat tagged polymers in the US and Canada, Brenntag offers a portfolio designed to reduce risk and downtime for industrial water treatment system operators

Chemical
Chemical | 16 August 2022

Avient to sell distribution business to H.I.G. Capital for $950 million

Avient selected H.I.G. Capital based on the strength of their proposal, which values the business at approximately 10x LTM EBITDA and includes no financing contingencies

Chemical
Chemical | 16 August 2022

New business segments and R&D investments to be key growth drivers for Insecticides India: ICICI Securities

Insecticides India has incorporated IIL Biologicals, wholly owned subsidiary.

Chemical
Chemical | 16 August 2022

Evonik increases production capacities for ACEMATT matting agents

Construction under way in Taiwan following groundbreaking ceremony

Chemical
Chemical | 15 August 2022

Grasim Industries plans Rs. 6,720 crore Capex

The civil construction of paints plant has commenced at four of its sites - Panipat, Ludhiana, Cheyyar, and Chamarajanagar and work at other sites will start soon after all the statutory approvals are received

Chemical
Chemical | 15 August 2022

Pidilite Industries sales up 60%; Profit up 64%

EBITDA before non-operating income at Rs. 529 crore grew by 52% over the same quarter last year whereas Profit After Tax (PAT) at Rs. 358 crore grew by 64% over the same quarter last year

Chemical
Chemical | 15 August 2022

Indigo Paints to commission water-based paint plant in Q3 FY 22-23

The company's expansion of distribution network and printing machine population continues as before except that it is now targeted more towards tier 1 and tier 2 towns

Chemical
Chemical | 14 August 2022

NGL Fine-Chem planning greenfield expansion at Tarapur

The estimated Capex is to the tune of Rs. 140 crore to be funded through debt and internal accrual

Chemical
Chemical | 14 August 2022

Mangalam Organics posts Q1FY23 consolidated loss at Rs. 6.89 Cr

The company has reported total income of Rs. 104.66 crores during the period ended June 30, 2022.

Chemical
Chemical | 14 August 2022

The Sukhjit Starch and Chemicals Q1FY23 consolidated PAT at Rs. 19.16 Cr

The company has reported total income of Rs. 362.28 crores during the period ended June 30, 2022.

Chemical
Chemical | 14 August 2022

Eurotecnica wins contract for new melamine plant in China

Xinji Energy Chemical Co.Ltd. has selected Eurotecnica’s ultimate 5th generation (G5) proprietary Euromel technology for the design and implementation of this landmark project, which lifts the total licensed nameplate capacity to more than 1 million ton/year and 26 plants worldwide

Chemical
Chemical | 14 August 2022

Sunshield Chemicals Q1 FY2023 PAT up at Rs. 3.82 Cr

The company has reported total income of Rs. 62.87 crores during the period ended June 30, 2022.

Chemical
Chemical | 14 August 2022

Solenis to acquire Clearon Corp

Acquisition will enable Solenis to expand its portfolio of products for the residential and commercial pool water and spa treatment markets

Chemical
Chemical | 13 August 2022

Balaji Speciality Chemicals files DRHP for fund raising

The proposed offer consists of a fresh issue of Equity Shares aggregating upto Rs. 250 crore (including share premium) and an offer for sale of up to 26,000,000 equity shares

Chemical
Chemical | 13 August 2022

Heranba Industries Q1 FY23 revenues at Rs. 361.9 Cr; Profit at Rs. 33.7 Cr

The company will continue to leverage its integrated manufacturing facilities, wide distribution network, presence across the value chain

Chemical
Chemical | 13 August 2022

Heranba Industries incorporating a new subsidiary company

The wholly owned subsidiary once incorporated in India shall carry out business in the field of agrochemicals.

Chemical
Chemical | 13 August 2022

NextGen Summit 2022: R&D focus on sustainable technologies vital for industry’s future growth

Incentives on technology development and bridging gap between industry and academia a must to create sustainable solutions

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