The company recorded consolidated revenues of Rs.725 crore for the quarter ended 30 September, 2020, a decline of 3% over PY of Rs.749 crore.
Closing of the transaction is subject to certain contractual closing conditions and regulatory approvals and is expected to occur in Q4 2020.
MCC has sold its polymer flocculant business to Japan based MT AquaPolymer, Inc. and Hymo Corp.
Lummus’ Green Circle will be the exclusive licensing party for this technology and will be responsible for providing studies, basic engineering, technical services, and proprietary equipment as part of the technology transfer package.
Completion is subject to regulatory approvals and expected before the end of Q1, 2021.
The company has reported total income of Rs.665.37 crores during the period ended September 30, 2020 as compared to Rs.868.61 crores during the period ended September 30, 2019.
More than two-thirds of the MNC respondents view India as the number one choice for future investments.
This collaboration marks the first time that OT data and process industry domain expertise is being brought directly into a Security Information and Event Monitoring (SIEM) system, allowing threats to be managed as part of an organization’s broader cybersecurity operations and strategy.
The facility, built in one year, is capable of producing 20,000 metric tons per year of rubber bitumen.
The US-China trade war and the Covid-19 pandemic would accelerate the pace of this shift as global supply chains would want to completely hedge themselves from supply disruptions.
In order to re-organize the audit process to improve productivity, at the request of the company, KPMG Mauritius has resigned as statutory auditors of UPL Corporation Limited, Mauritius.
Company has allotted 1000 units of commercial paper of Rs. 5,00,000/- each, aggregating to Rs.50 crores at a discount rate of 4.75% p.a.
Sales amounted to €2.917 billion against €3.232 billion in the prior-year quarter.
This strategic partnership aligns with ELC’s sustainable packaging goals, which includes increasing the amount of post-consumer recycled (PCR) material in its packaging by up to 50% by 2025.
Enhanced OpreX Asset Management and Integrity solution supports predictive plant maintenance with abnormal status prediction for control valves
Deal with Eneco propels Borealis towards goal of sourcing 50% of total electricity in major business areas from renewables by 2030 and reducing its indirect carbon dioxide emissions.
The plant will have a capacity to use 600 tonnes of segregated waste on a daily basis to produce power.
Company had shut down the urea plant for repairs work on 15th October, 2020.
Company is also launching a review of strategic alternatives for performance chemicals business.
The certification was issued for three material families manufactured at three European sites: polystyrene from Tessenderlo, Belgium, polycarbonate produced in Stade, Germany and synthetic rubber from Schkopau, Germany.
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