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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

Chemical
Chemical | 12 August 2022

Brenntag expands distribution deal with preservatives producer ISCA in Europe

Following the successful collaboration with ISCA in the UK, Brenntag Specialties expands its collaboration with the preservatives producer to include France, Benelux, Poland, Slovakia, Croatia and Slovenia as well as Germany, Switzerland and the Nordic region

Chemical
Chemical | 12 August 2022

Vipul Organics posts Q1FY23 consolidated PAT at Rs. 1.05 Cr

The company has posted net profit of Rs. 1.05 crores for the period ended June 30, 2022.

Chemical
Chemical | 12 August 2022

Spreads hurt on excess supply from China for Chemplast Sanmar: ICICI Securities

Chemplast has taken one-time hit of Rs0.8bn from inventory write-down, which resulted in 83% QoQ crash in net profit to Rs406mn.

Chemical
Chemical | 12 August 2022

Headwinds to revenue growth for Sudarshan Chemical Industries: ICICI Securities

Sudarshan is yet to capitalise Rs2bn of capex, which should complete in H1FY23 with incremental capex outflow of Rs200mn, and this should end the company’s total planned capex of Rs7.5bn.

Chemical
Chemical | 12 August 2022

Protecting margins; revenue growth tepid for Rossari Biotech: ICICI Securities

Company remains agile and has sold certain high cost raw material even in Q1FY23 (silicone oil)

Chemical
Chemical | 12 August 2022

Sika aims to close MBCC acquisition by H1 2023

he UK Competition and Markets Authority (CMA) has decided to conduct an in-depth examination (Phase 2) regarding Sika’s planned acquisition of MBCC Group.

Chemical
Chemical | 12 August 2022

Strong performance; Growth trajectory remains intact for Sumitomo Chemicals India: ICICI Securities

Sumitomo India is uniquely positioned to benefit from the exports opportunity present in the global agro-chemicals market.

Chemical
Chemical | 12 August 2022

Margins surprise, but volumes under pressure for Galaxy Surfactants: ICICI Securities

AMET volumes had some benefit of festival season in Egypt in Q1FY23, but expect the situation to improve. Management believes demand in Europe and US may taper.

Chemical
Chemical | 12 August 2022

Brenntag sales, profit rises in second quarter

In the second quarter 2022, Brenntag generated sales of 5,061.2 million EUR

Chemical
Chemical | 12 August 2022

NextGen Summit 2022: Sustainability now a critical element for M&A activities

There are clear indications on M&A based on sustainability, both on feasibility of transaction and also on valuation matrix

Chemical
Chemical | 12 August 2022

Indo Amines Q1 FY23 revenue up by 45.9%; Profit increases by 19%

The Profit after Tax (PAT) of the Group has increased to Rs. 8.49 crore from Rs. 7.13 crore. The PAT registered a growth of around 19.03%

Chemical
Chemical | 12 August 2022

Hikal shows 17% degrowth in Q1 FY23

Pharmaceutical sales de-grew 18% YoY and stood at Rs. 224 crore whereas Crop Protection sales de-grew by 15% at Rs. 154 crore

Chemical
Chemical | 11 August 2022

Nouryon granted US patent for LumaTreat tagged polymers

LumaTreat tagged polymers enable customers to measure available deposit-control agents in water treatment systems and reduce polymer and water usage during treatment, enhancing the environmental footprint of operations

Chemical
Chemical | 11 August 2022

Evonik earning grows on higher prices, raises annual sales forecast

Sales expectations are now between €17 billion and €18 billion for the full year as against previous guidance range of €15.5 billion to €16.5 billion

Chemical
Chemical | 11 August 2022

Evonik to substitute natural gas supply to its German sites

The volume of gas being substituted is equivalent to the annual consumption of more than 100,000 households

Chemical
Chemical | 11 August 2022

Fairchem Organics Q1FY23 PAT higher at Rs. 27.02 Cr

Fairchem Organics Limited has reported total income of Rs. 225.40 crores during the period ended June 30, 2022.

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