The company has sufficient export and domestic orders in hand to scale up the production capacity utilization and also has sufficient stock of raw materials to meet the production requirements.
First quarter fertilizer sale was up by 21.5% to reach 12.85 Lakh MT in comparison to 10.75 Lakh MT in Q1 FY2018-19.
During the period 64.82 lakh MT of Urea (67% higher as compared to last year), 22.46 lakh MT of DAP (100% higher than last year), and 24.32 lakh MT of COMPLEX Fertilizers (120% higher than last year) were sold to the farmer community.
For his new assignment Vinod Paremal will move to Mumbai as soon as the Covid-19 situation allows.
The series B follows a $7.5 million venture round in July 2018 and brings the company’s total raised funding to $66 million.
Having sold 10.1% of VPC shares to the Bank, Acron Group reduced its stake in the project to 50%+1 share.
Partnership is focused on fundamental research to provide low-carbon energy solutions while meeting global energy demand.
Aim is to help develop the next generation of fiber-based materials to replace plastics used in food packaging, filters, hygiene products and other goods.
Equinor and its partners will mature the project towards a final investment decision during 2023 with potential first production by 2026.
MMPA includes wood products manufacturers and key industry players in the US, and promotes not just the interests of its members but also the use of sustainable forests, giving preference to recyclable and renewable resources.
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R Plus Japan was established by 12 cross-industry partners within the Japanese plastics supply chain.
The scope of work of the joint venture includes engineering, construction, pre-commissioning and commissioning of the urea plant including all utilities, urea handling, storage tanks and site civil buildings.
With this acquisition, Avient now expects over 85% of adjusted EBITDA to be generated from specialty applications.
The Cyclyx platform has been developed to be an industry consortium comprised of partners across the value chain.
SMR Connected to World’s Largest Hydrogen Pipeline and Network System.
The company is providing coatings from its Chartek range for the first phase of construction, which involves building 35 core modules in China.
Lummus is a leading master licensor of proprietary gas processing, refining, petrochemical, and gasification technologies as well as a supplier of catalysts, equipment and related services.
The partners will pool their respective expertise in the fields of gasification and chemical recycling by means of pyrolysis.
The fertilizers include DAP, APS (20:20:0:13) and NPK (10:26:26) to the farmers for the current Kharif sowing season in the country.
The expected timeline for completion of the acquisition is 31st July 2020.
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