Chemical | 01 August 2023
Laxmi Organic Industries approves capex of Rs. 710 Cr
The new manufacturing site is expected to come on stream approximately in 3 years
The new manufacturing site is expected to come on stream approximately in 3 years
The company has reported total income of Rs. 204.71 crores during the period ended June 30, 2023
The company has reported total income of Rs. 616.57 crores during the period ended June 30, 2023
The new facility will add 74,000 square feet (6,800 square meters) to the existing campus facilities.
UPL reported revenue decline of 17.2% YoY. EBITDA and PAT declined 30.2% and 39.8%, respectively YoY
Home, personal care and performance chemicals (HPPC) revenue declined 10.6% YoY to Rs2.8bn (including revenue from Unitop and Tristar)
The award recognizes LANXESS’ initiatives and efforts undertaken towards creating a safer and sustainable environment for all its employees
Sachs Chemical supplies chemicals mainly to the pharma industry
Fluor’s scope of work consists of modifications to the existing facility and a new, second production line that will increase capacity by 21,000 tons per year
Contracts are related to a $487 million biotech expansion project in Denmark and first phase of a new life sciences production facility valued at $574 million in Central U.S.
The Front-End Engineering Design provided by ANDRITZ will include the complete hydrogen plant, incorporating the alkaline electrolyzer technology of HydrogenPro
The larger opportunity lies in feedstock to the upcoming and new age industries such as electronics, e-mobility, battery, and semiconductors
Sales growth was strong in the Business Unit Catalysts, which partially compensated for the weakness in the Care Chemicals and Adsorbents & Additives Business Units
Union Minister moots the idea of a partnership between central and state governments and the industry for the parks
Industry should adopt skill, innovation and R&D to be sustainable
Highest second-quarter global refinery throughput in the last 15 years
Sales volume/mix was lower across most product lines due to the continuation of weak primary demand and continued customer inventory destocking
IndianOil reported revenue from operations of Rs. 2,21,145 crore for Q1 FY 2023-24
The project will increase the ethylene production capacity of the naphtha cracker unit (NCU) by approximately 20 percent
This initial long-term supply agreement is valued at about KRW 70 billion (USD 55 million)
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