The said appointment shall be for a period of 5 years with effect from 4th June, 2020 to 3rd June, 2025 subject to the approval of the members at the ensuing Annual General Meeting of the company.
Comprising mainly manufacturing equipment, an amount of approximately 3 billion yen will be invested in the Center for Commercialization of Advanced Technology over two-year period.
The terms and conditions are in line with contracts in place in the Indian Market.
The shares were sold in an open market sale where significant portion of this stake sale was bought by Malabar India Fund and Malabar Value Fund.
The petrochemical chemical industry is important for the economy now and will continue to be so in the future.
The system includes the world’s largest capacity pipeline for CO2 from human activity, capable of transporting up to 14.6 million tons of CO2 per year.
In order to strengthen Firmenich industry leadership in ingredients and drive a new era of excellence, Firmenich, has appointed Boet Brinkgreve to President of Ingredients, effective June 1st, 2020.
In an order on Wednesday, an NGT bench headed by its Chairperson Justice Adarsh Kumar Goel noted, "We find the company has strict and absolute liability for the environmental damage and consequential loss to life and public health in this case."
While six charred bodies were recovered from the factory after the fire was doused, two more workers died at separate hospitals in Bharuch.
The Rights Issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.
The company stated that the cost reductions should enable it to remain within the revised guidance range it set forth in its first quarter 2020 earnings release.
The project will integrate established industrial sites with state-of-the-art technology to capture carbon.
The company has restarted operations with available workforce, since May 15, 2020, adhering to the safety norms prescribed by the government.
The estimated cost of the project is Rs. 28,983 crore.
The company’s steady and growing revenue profile, highly efficient operations and numerous growth opportunities make this an attractive investment.
The new material grade will be available in various performance grades as fiber and unidirectional laminate (UD).
As part of this agreement, Arkema will invest US$150 million in a 40 kt/year AHF production plant at Nutrien’s site in Aurora (North Carolina), scheduled to start up in the first half of 2022.
The increased use of alternative resources for in-house production is part of a long-term strategic program that Covestro is implementing as it fully commits to the circular economy.
Virendra Nath Datt, Director (Marketing), National Fertilizers Limited (NFL) has today taken over the additional charge of CMD of the company.
The revenue of Q1 FY2020-21 ending 30th June, 2020 has been badly impacted due to partial running of the operations however it is not quantifiable at this stage. Even profitability is likely to be affected adversely owing to lower capacity utilization.
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