During 2020, costs for integration and restructuring impacted net income by $33 million or $0.10 per share.
This new unit will have 275 kilotons per annum (KTA) capacity of PO and 600 KTA capacity of SM.
The new dividend rate will be effective immediately.
The production capacity will be increased by 580,000 tons of VCM per year, 380,000 tons of PVC and 390,000 tons of caustic soda per year.
The new facility will recycle more than 250 million pounds of plastic a year by 2025.
The permanent revocation of the closure order is not likely to materially impact in any way operations of the Bhavnagar Plant or the company.
The proposal of CPCL for formation of a joint venture between IndianOil and CPCL is subject to approval of Niti Aayog .
The proposed combination relates to the acquisition by IIPL of Indo Gulf Fertilizers viz. fertiliser division of Grasim Industries Limited (GIL) as a going concern on a slump sale basis.
The sector is expecting a healthy performance in the upcoming years.
The company is also promoting fuel cell technology having lesser carbon footprint.
In the CEO role, he has managed P&L, business development and built the R&D team for new product development.
The Advanced Intermediates and Specialty Additives segments also recorded a business development above expectations.
The company has concluded our acquisition of Richcore Lifesciences on 20th Jan 2021.
The minister has called upon the EV sector to shift towards a completely indigenous battery technology in the coming years.
Inorganics Chemicals division’s revenue is Rs. 528 crore in Q3 FY21.
The Board of Directors has approved issue of Non-Convertible Debentures (NCDs) on a private placement basis
Profit After Tax (PAT) on a consolidated basis stood at Rs. 161 crore, down Rs 6 crore from the same period last year.
Eastman Chemical’s Q4 2020 revenue fell 0.9% to $2.19 billion from $2.21 billion last year.
This was the second issuance for APSEZ and third for the port vertical company of Adani Group in the current fiscal.
Net sales at Rs. 2,290 crore grew by 20% (excluding PAPL 16%) over the same quarter last year.
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