Gas | 31 July 2020
Linde India sales down by 50% due to lower market demand
Sales dropped by 50.2% YoY and stood at Rs 248.13 crore in June 2020.
Sales dropped by 50.2% YoY and stood at Rs 248.13 crore in June 2020.
Company's profit jumped to Rs 121 crore in Q1 FY21.
Siemens Energy will supply the required 20 compression trains. Ten trains will be built for the injection portion of the plant, and another 10 trains will be used for the withdrawal portion of the plant.
Decline due to lower production in domestic business post closure of Panna Mukta and D1D3 fields and lower prices.
COVID-19 pandemic is likley to severely impact the whole year revenue gudiance due to which the company is focusing on mitigation and cash generation.
Project is focused on increasing the performance, manufacturability and environmental profile of lithium-ion battery (LIB) cells.
Sales drop by 53% in second quarter.
Decline due to lower price realizations with disruptions in local and regional markets amid Covid-19 outbreak.
As a Tier 2 member, the company will provide unique carbon fiber Non-Crimp Fabrics as well as Thermoset and Thermoplastic prepreg materials for diverse applications in these projects and in other NCC development programs.
The agreement enhances Firmenich's position in naturals and sustainability.
HQ to be shifted to Chattanooga, Tennessee from Dalton, Georgia.
Lower crude oil price and lower throughput key reasons for revenue decline.
The deal involves developing solutions aimed at optimizing the management and recovery of all industrial waste produced on 20 sites located across France.
The decline in revenue was primarily due to fall in O2C revenues, led by sharp decline of 57.6% in average Brent crude price.
Company achieved Rs. 100 crore in 67 days whereas the next Rs. 100 crore was achieved only within 51 days in FY20-21.
The acquisition is slated for completion around early August.
The new business will produce a range of hospital grade hand gels, sanitiser sprays for hands and surfaces and sanitiser wipes, for retail sale, available for the home and to the public.
Acetyl and materials segment impacted the most during the quarter.
Adjusted earnings per share were $1.90, 4% above prior year, or 8% higher when excluding negative currency translation effects.
The partnership includes the supply of refinish products and color-matching solutions.
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