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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

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)

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