Chemical | 13 July 2020
AkzoNobel reports drop in second quarter revenue
Revenue went down by 19% to 1.98 billion euros as against 2.45 billion euros in 2019.
Revenue went down by 19% to 1.98 billion euros as against 2.45 billion euros in 2019.
The new M Lab Collaboration Center in Shanghai offers customizable solutions tailored for China’s Life Science community to help advance drug development.
The initial roll out and in-field exploration of the offering will begin this month in Mexico.
Both parties expect to finalize the deal in the third quarter of 2020.
Sales in the three months through June fell about 12% to €12.7 billion euros
Sales decline 27.58% to Rs 51.50 crore.
The company reported a jump of 152.11% and its Q4 FY20 profit stood at Rs 240.01 crore.
On 13 April, two workers were killed and another was injured after a small intermediate feed tank blast at its Tarapur M-3 plant.
The government in a notification in March 2020, had notified the revised fixed costs for urea units with an incremental fixed cost of Rs 350 per tonne for all urea units and an additional Rs 150 per tonne for urea units that converted from naphtha to natural gas and are more than 30 years old.
The acquisition will strengthen the company's position as a solution provider for key industries & would enhance market access to key growth markets.
Institutional investors that participated in the anchor allotment included Abu Dhabi Investment Authority, Axis Mutual Fund, Mirae Asset Mutual Fund, Goldman Sachs, HFDC Mutual Fund, SBI Mutual Fund, among others.
Uzawa has over nineteen years’ experience in the areas of strategy, planning and business development for crop protection and other chemical businesses.
The dividend shall be paid on or after July 19, 2020.
According to RCF, the hand cleansing gel is a skin friendly moisturizer based hand-sanitizer which contains Iso Propyl Alcohol (IPA) and aloe vera extract. It is enriched with Vitamin - E and has a fresh lime fragrance.
Company will pursue open innovation with promising Indian startup companies and acquire leading-edge technologies and information at an early stage to support the development of new businesses.
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Honeywell Forge Process Advisor is a cloud-based service that continually analyses plant data to provide operations staff with recommendations that can enhance the reliability of specific industrial processes.
The study will evaluate the feasibility of the proposed petcoke gasification project and production of value-added petrochemicals and clean fuel products.
Sanjeev started his new role from July 01, 2020
Start-ups operating in different fields of CBG - Start-ups providing technology; Start-ups planning to expand their existing CBG plants; and Start-ups planning to set up new CBG plants can apply in this round.
Network creates efficiencies and lays the foundation for future 5G use cases.
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