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.
This highly efficient plant, with circa 10% less electricity consumption, will have a production capacity of 2,200 tons of oxygen per day, and will be built in Port of Moerdijk in the Netherlands.
Company swings to a net loss of 52 million euros.
Revenue likely to decline by ~26/24% YoY/QoQ and EBITDA would decline by 29/33% YoY/QoQ owing to the lockdown.
Together, both companies will explore the option to invest in hydrogen production and filling facilities, and further the use of hydrogen in industrial applications, particularly mobility.
The 5 barrel per day (bbl/d), first-of-its-kind demonstration unit, employs the Biofuels ISOCONVERSION technology, jointly developed by CLG and ARA, to produce renewable jet fuel and renewable diesel out of an algae oil blend and waste vegetable oil.
As part of the largest automation and safety installation for a chemical company, ABB platform is controlling and monitoring more than 50,000 components connected to the ABB Ability 800xA distributed control system (DCS).
Sales grew by 6% and stood at Rs. 663 crore.
Based on Nokia Digital Automation Cloud (DAC), the 5G standalone (SA) network will be used to enhance communications and connectivity at the facility, a real-life mining environment where Sandvik Mining and Rock Technology tests, develops and prototypes mining solutions for its customers worldwide.
ADNOC will hold a 60% majority equity stake in the JV with ADQ holding the remaining 40%.
New partnership will expand reach of sustainable solutions to suppliers along chemical value chain
The plant will be designed to produce 450,000 metric tons per year (m.t./yr) of polypropylene.
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