The company expects its long term contract execution to be on track and it does not believe any significant impact of COVID-19 to those contracts.
Operators need to have forward-looking transparency into vendor financial health to mitigate supplier distress
Annual net profit grew by 13% to Rs 237.46 crore over the previous year.
The sales declined by 38.08% to Rs 5017.15 crore as against Rs 8102.90 crore in 2019.
The company's sales also declined 6.25% to Rs 1004.70 crore as against Rs 1071.73 crore in the corresponding previous year.
KBR will license its technology and engineering services and LTHE will be the EPC provider with specific focus in India, South East Asia, the Middle East and Africa.
This facility is designed to reach 24k ton capacity per year to meet growing local demand for international standard quality Hydrogen Peroxide for the textile industry and other applications.
The company plans to invest 10 billion yen ($93 million) on the project with commercial operations to commence from January 2023.
The new technologies will be based on scalable renewable and circular raw materials that have been difficult to utilize so far, such as forestry or agricultural residues, municipal waste, algae, waste plastics and carbon dioxide.
Altura will supply 60,000dmt of spodumene annually to Ningbo Shanshan from 2022.
This move is expected to empower the company to produce enough sheets of meltblown nonwoven fabric for approximately 300 million face masks per year.
The tests are scheduled to continue until the end of March 2022.
The bonds come in two parts of €500 million each.
The move will support the fast-growing packaging industry in South China.
Stork will provide maintenance services and capital expenditure services including multidisciplinary piping and mechanical, electrical and instrumentation, and other specialty services.
New technology helps in improving the recyclability of plastics.
Buck will succeed Jürgen Hambrecht, who is leaving the Supervisory Board as planned
Reliance Industries Limited has raised over Rs. 168,818 crore in 58 days ,making the company net debt free before original deadline of 31st March 2021.
Under the new agreement, DKSH will provide marketing and sales as well as distribution and logistics for Stepan’s specialty products for the emulsion polymerization, coatings and inks segments.
The centre is expected to begin operations by January 2021 and will provide business processing and advanced analytics capabilities in support of bp businesses worldwide.
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