Early signs from China, the first major economy to exit from the COVID-19 induced lockdown, are that manufacturing has bounced back more than consumption and that trend could be repeated in other countries.
After receiving FDA approval, BTEC began producing hand sanitizer in mid-May using a formula recommended by the World Health Organization.
The COVID-19 lockdown will result in low sales volumes in Q1 FY21. Even revenue and profitability will be impacted in Q1 FY21 in line with the fall in sales volumes along with future developments under this situation.
The Nangal plant of the company in Punjab has signed an MoU with ITI, Nangal to train youth in 12 trades.
Arvind Agarwal is a senior IAS officer of the Government of Gujarat having more than 33 years experience.
The demand for companies products and supply chains has been adversely affected due to lockdown in many countries and overall slowdown in the economy.
EPS will provide Project Management systems and technical support during the Front End Engineering Design for Acorn Carbon Capture and Storage (CCS), and the Concept Select for Acorn Hydrogen, both part of the exciting developments planned at the St Fergus gas terminal near Peterhead, Aberdeenshire.
Borealis announced that propylene splitter, one of the largest appliances ever delivered to the port of Antwerp in one piece by ship, was successfully transported from the quay to the Borealis site in Kallo.
The transaction remains subject to additional regulatory approvals and customary closing conditions.
With LATAM now the COVID-19 epicenter, Solvay’s Polymer Additives group is providing essential medical PPE.
Air Liquide has invested in the Cathay Smart Energy Fund, a venture capital fund dedicated to the energy transition in China, with a specific focus on energy platforms, energy storage, smart grids, hydrogen energy, clean transportation, renewable energy and low-carbon solutions.
In signing the letter along with other major UK businesses, Croda is asking the UK Government to build a sustainable, inclusive and resilient UK economy following the Covid-19 pandemic.
The strategic partnership aims to expand the customer base of Merck’s Liquid Crystal Windows business and to broaden the package of architectural solutions offered by Guardian Glass.
Company expects to use the proceeds from the offering for general corporate purposes and to repay certain outstanding indebtedness by approximately $61 million to lower total debt to about $162 million.
Sanjay Varma has a diversified experience of 30 years in petroleum, refining, petrochemicals and fertiliser sectors.
As a digital showcase of chemistry expertise and available equipment of SOCMA member companies, the tool can be leveraged by industry buyers for sourcing new business partnerships and identifying companies that have unique and specialized manufacturing capabilities.
When completed, the company expects the planned actions will deliver $160 to $170 million in annual pre-tax cost savings, with approximately $25 to $35 million of savings projected in 2020.
Due to lock down there was reduction in sales for the company.
Some of the salient features of their developed 3D printed antimicrobial face-shields include, highly occlusive, transparent, easy-to-design, low cost, easy to wear, antimicrobial in nature, excellent chemical stability, non-fragile and easy to clean with the existing sanitizers or any alcoholic disinfectant.
The institute has invested over Rs 350 Cr in the last few years to solve grand challenges by leveraging high-tech research facilities.
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