Chemical | 25 July 2020
India actively promoting ease of doing business in fertilizer sector says Gowda
Initiative will help in making farming sector Atmanirbhar.
Initiative will help in making farming sector Atmanirbhar.
Company taking appropriate measures to reduce its fixed costs and conserve cash.
This increase in output will help significantly expand nitrogen fertilizer and NPK output.
Sales decline 62.08% to Rs 292.27 crore
The UOP Chlorsorb technology achieves up to 99% chloride removal efficiency, eliminates the need for caustic scrubbing, and reduces operating cost of a CCR Platforming unit.
Consolidated net profit increased by 301% YoY in the June quarter of FY21.
Sales decline 36.52% to Rs 660.56 crore
First of 22,300 solar panels were installed in early 2020 and the solar farm will be fully operational in August.
The company's revenue stood at Rs. 440 crore as against Rs. 879 crore in the corresponding period last year.
The MoU aims at building a closer strategic partnership between the two companies by jointly working on CBG projects.
The delisting offer was open between July 17 and July 22.
The company, a major manufacturer of caustic soda and liquid chlorine, has been incurring heavy losses since 2009-10, with its net worth going in the red.
Q3 FY20 sales down 7% from the prior year.
Clariant’s EnviCat VOC catalyst removes up to 99% and beyond of VOCs and CO with exceptional conversion and cost efficiency.
Sales were down by 24% as against last year and stood at $8.4 billion.
The donation was part of Corporate Social Responsibility projects committed by the company for the year 2019-2020 under which five projects were implemented with an expenditure of over INR 1.6 crores over the year.
Company has decided to divest LSI business through a sale process, to be initiated in second half of the year.
The $250 million storage facility will be developed in two phases by creating multiple caverns in the existing underground salt formation.
Innovative material enables smart sleep technology to be embedded in the pillow.
He is currently the Co Chairman - FICCI Committee on Agriculture.
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