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Petrochemical
Petrochemical | 07 November 2020

Gulf Oil Lubricants India profit down 4.6%

Revenue for Q2 FY 20-21 reached Rs. 411.74 crore

Chemical
Chemical | 07 November 2020

FACT makes record profit of Rs. 83.07 Cr

Company has also reported a turnover of Rs. 1,047 crore for the quarter as compared to Rs. 931 crore during the same period last year

Start-up
Start-up | 07 November 2020

Gov-Tech-Thon 2020 receives 1,300 aspirants

The shortlisted 447 enthusiasts from 100 teams participated in the hackathon on the five problem statements provided by 3 central Government Ministries – Ministry of Agriculture and Farmers’ Welfare; Ministry of Road Transport and Highways; and Ministry of Education

General
General | 07 November 2020

Ajanta Pharma completes acquisition of Eugia Pharma

The acquisition was completed on November 6, 2020

Gas
Gas | 07 November 2020

Pradhan urges the industry to promote LNG

The minister said that LNG is a fuel of the future, and its cost benefit and other advantages over other fuels must be communicated in an aggressive and specific manner

Chemical
Chemical | 06 November 2020

Chambal Fertilisers posts strong growth due to phosphatic and potassic fertilisers

For the quarter ended September 30, 2020, on a standalone basis, CFCL achieved revenue of Rs. 3,986.94 crore

Chemical
Chemical | 06 November 2020

Hikal’s Q2 PBT up 68%, to commission several projects in Q2 FY22

The growth in revenue is due to the higher offtake of existing products and new market opportunities

General
General | 06 November 2020

Merck to invest €18 mn on building a new electronics technology center in China

Electronics Technology Center will focus on semiconductor and OLED materials

Chemical
Chemical | 06 November 2020

BASF completes joint feasibility study for Gujarat chemical complex amid Covid-19 pandemic

The project study comprised a world-scale propane dehydrogenation (PDH) plant, a polypropylene (PP) production and an acrylics value chain complex

Chemical
Chemical | 06 November 2020

Clariant supports UN's campaign to phase out lead in paints

Company partners with a key United Nations Environment Programme project to accelerate the phase-out of lead in paints

Digitization
Digitization | 06 November 2020

BASF ties-up with Europe-based research body to develop AI-led crop protection products

Artificial intelligence and machine learning allow reliable analysis of diseases and pests in worldwide field trials

Digitization
Digitization | 06 November 2020

Lupin's internal information security breached

According to the company, the incident is currently not material and has not impacted its core systems and operations

People
People | 06 November 2020

Lonza appoints new CEO

Pierre-Alain Ruffieux has joined as Chief Executive Officer of the company

General
General | 06 November 2020

Lonza opens new facility for ADC payload manufacturing

Expansion is based on a tailored business agreement with a major biopharmaceutical partner that ensures ADC payload supply continuity and flexibility

Start-up
Start-up | 06 November 2020

IESA shortlists 10 startups for e-mobility program

Supported and backed by Invest India, Startup India, TiE Global and other partners, the program is a part of IESA’s 5-day long virtual conference and exhibition - India Energy Storage Week (IESW), focusing on energy storage, EV and microgrids

Chemical
Chemical | 06 November 2020

HIL targets Rs. 451 cr revenue in FY 20-21

65% business has already been booked in first two quarters and the overall target is quite attainable as per the company

People
People | 06 November 2020

India Glycols appoints new CEO

Company has appointed Rupark Sarswat as Chief Executive Officer

Chemical
Chemical | 05 November 2020

Axalta adopts new organizational model to drive growth

Shift to global business unit-led structure expected to accelerate decision making, increase accountability and improve execution

General
General | 05 November 2020

CCFI urges Environment Ministry to review NGT’s order on use of pesticides

Citing examples with crop production statistics from the Aligarh division, the apex body CCFI argues that ‘it is scientifically incorrect to allege that pesticides use makes agricultural lands to turn barren’

Chemical
Chemical | 05 November 2020

SRF Q2 PAT up 57%, to invest Rs 442 cr + on expansion

The company’s net profit rose 57% from Rs 201 crore to Rs 316 crore in Q2FY21 when compared with CPLY

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