Chemical | 30 July 2020
Navin Fluorine profit rises amid falling sales
Sales decline 14.55% to Rs 214.95 crore
Sales decline 14.55% to Rs 214.95 crore
Sales stood at EUR10.27 billion in the first half of the year, from EUR10.95 billion in the same period last year.
The company had announced capital expenditure of Rs. 436 crore for the project.
Company anticipates approximately $195 million of cost savings from the restructuring actions in 2020.
On a year-over-year (Y/Y) basis, the barometer fell 8.9 percent in July, ACC said
This initiative aims to reduce the amount of plastic waste entering the environment in the northern Indian cities of Haridwar and Rishikesh.
Volumes stood at 99.0 percent of their average 2012 levels in June.
Appointment is effective from 28 July 2020.
The total financial outlay of the scheme is Rs. 6,940 crore.
The company sales also declined 27.58% to Rs 51.50 crore in Q1 FY21 as against Rs 71.11 crore last year.
The company posted a net profit of Rs 19.19 crore in Q1 FY21.
The company said it intended to issue the new bond within the next 12 months.
Operations from Kaiserslautern, Germany; Wehr, Germany; and Ferrara Marconi, Italy will be relocated to Forli, Italy
Built and operated by Linde's joint venture Linde LienHwa (LLH), the project will support a multi-billion-dollar wafer fab expansion in Tainan Science Park, Taiwan.
The innovation centers feature an improved infrastructure, including an advanced ventilation system for paints and coatings applications as well as state-of-the-art laboratory equipment with a high-end skin analyzer for personal care applications.
DFC has sanctioned $765 million to support launch of Kodak Pharmaceuticals
Manus Bio will use its advanced bio-fermentation platform and industrial manufacturing capabilities to develop a robust production process at the volumes and costs required to enable widespread use as biopesticides.
Company generated free cash flow of €233 million for the second quarter, up 89.8% compared to previous year.
The amount of the initial investment would be approximately 8.5 billion South African Rand (440 million euros).
Decision based on several representations from the industry
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