GHCL Q4FY20 net revenue down by 20%
The drop in revenue is equally attributable to both chemical and textiles which is largely due to softer pricing and COVID-19 impact resulting in lower volumes.
The drop in revenue is equally attributable to both chemical and textiles which is largely due to softer pricing and COVID-19 impact resulting in lower volumes.
Fairchem Speciality Limited and Insecticides (India) Limited have resumed their operations as per guidelines of central government and state governments.
The sharp decline in market volumes in April reflects the effects of the COVID-19 pandemic and mandated government lockdowns on the U.S. economy.
The terminal would be the first such facility in Poland, which could help increase the use of LNG as a fuel in both maritime and road transport and thus strengthen the LOTOS Group’s position.
This major project milestone was completed nearly three months ahead of schedule and comes nine months after the project’s final investment decision (FID).
The imbalances will take time but one has to change their behaviour and also ways of working to get the desired result
As per the company, its business has been impacted due to COVID-19 pandemic and measures taken by the government to control the same.
The company has decided to provide about 70% of the funds necessary for NanoScent, a startup company in Israel, to develop a rapid diagnostic sensor for COVID-19, using their scent recognition devices.
CIRCOR’s expansion in the Weihai Economic & Technological Development Zone (ETDZ) reinforces the company’s capacity to provide strong support and foster proximity to new and longtime flow control customers as well as the regional supplier base.
The new contract, which commenced on the 1 May 2020, builds on Altrad’s previous contract, which encompassed ExxonMobil and Altrad working in collaborative manner to deliver a value-enhancement programme over a five-year period.
BASF has announced the commercial launch of ZEAL, which is a new Fluid Catalytic Cracking (FCC) additive product designed to enhance the production of light olefins in FCC units that process resid or gasoil feedstocks.
The FEED is being funded by the U.S. Department of Energy’s Office of Fossil Energy and managed by its National Energy Technology Laboratory as part of a larger initiative to advance carbon capture technology development.
It will have a production capacity of more than 100,000t/yr and will be inaugurated in 2021.
The announcement followed a Greenpeace report Tuesday that documents how the three tech giants are using AI and computing power to help oil companies find and access oil and gas deposits in the U.S. and around the world.
While there was no official word from the company, reports suggested that Siemens AG was in the process of carving out its gas and power business, which had dragged its overall performance, into a separate subsidiary.
The masks incorporate polyester-based protective layers normally inserted between base and membrane in roof waterproofing as well as silicone-based sealants used for glazing and jointing in construction facilities.
The probe is initiated after a complaint by domestic manufacturer Sudarshan Chemical Industries, which claimed that it is the sole producer of 'natural mica based pearl industrial pigments excluding cosmetic grade' in India.
The department has developed technology for Personal Protective Equipment (PPE) Coverall (Integrated Body Suit and Shoe Cover), for the protection of the doctors, nurses, paramedical staff and others, who are involved in the treatment of coronavirus infected patients.
Clariant’s sites across Roha, Maharashtra; Bonthapally, Telangana; Rania, Vadodara and Cuddalore, Tamil Nadu have been supplying the necessary products that are required for the healthcare facilities.
The slowdown is affecting the natural gas consumption over the next few months with the largest demand declines expected from commercial and industrial sector.
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