Chemical | 17 August 2021
Azelis to acquire personal care ingredients distribution business of IP China
The transaction is expected to close by end of August 2021
The transaction is expected to close by end of August 2021
The contract is for building a 200,000 metric tons per year PP unit scheduled for start up in 2024
The Greensand consortium will now file a grant application with the Energy Technology Development and Demonstration Program in Denmark
Company has signed a five-year, end-to-end IT transformation services deal with Wacker Chemie AG to establish a modernized digital workplace and improve its quality-of-service delivery
The company posted net profit of Rs.0.5833 crores for the period ended June 30, 2020.
The company has achieved higher profitability during the quarter primarily on account of increase in realisation on sale of sulphuric acid
The company transferred related technology, specifications, brand names and customer contracts to Solvay Specialities India Private limited for a consideration of Rs. 1,782 Lakhs.
The company posted net profit loss of Rs.(12.56) crores for the period ended June 30, 2020.
The company posted net of Rs.499.79 crores for the period ended June 30, 2020.
It posted net profit of Rs.115.89 crores for the period ended June 30, 2020.
The board also approved raising of funds upto Rs. 150 crores by way of issue of new equity shares
The installation of new manufacturing facilities 'Unit-9' is expected to complete in 3rd quarter of FY22.
According to the MoU, the plant will process about 50,000 tons of PP plastic waste annually to obtain PP, which was previously only produced through chemical processes, from the waste
On a standalone basis, Bayer Cropscience net profit rose 0.8% to Rs 253.70 crore on 15.3% increase in net sales to Rs 1,415.90 crore in Q1 June 2021
Through the acquisition, IVL will assume a unique market position in technologies catering to niche, IP-rich and value-added applications in home & personal care, agrochemicals, coatings and oil & gas markets
The new facility will serve as the hub of expertise for solutions and materials for the additive manufacturing (AM) market in China and the rest of Asia
It posted net profit of Rs.1.69 crores for the period ended June 30, 2020.
The company posted net profit loss of Rs.(0.6565) crores for the period ended June 30, 2020.
The company posted net profit of Rs.0.8371 crores for the period ended June 30, 2020.
The company posted net loss of Rs.(1.34) crores for the period ended June 30, 2020.
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