Petrochemical | 04 August 2021
Kansai Nerolac’s GM pressure palpable : HDFC Securities
Decorative performance is likely to have lagged the market leader APNT.
Decorative performance is likely to have lagged the market leader APNT.
Crude throughput in Q1 stood at 16.7mmt (+29.6% YoY and -5.0% QoQ).
The company posted net profit of Rs.65.4 crores for the period ended June 30, 2020.
The proposed transaction is subject to customary closing conditions and expected to close during the second half of 2021
The company will carry on the business of setting up refineries, petrochemicals complexes, specialty chemicals units, hydrogen and related chemicals plants and other such similar units
Further investments in debottlenecking and greenfield projects will more than triple capacity over the next three years to meet growing demand of paint protection films market
Company reported net income $2.1 billion, or $6.13 per share for the second quarter 2021
It posted net profit of Rs.56.72 crores for the period ended June 30, 2020.
The size of domestic paint industry is estimated at around Rs. 55000 crores as of March 2021.
The gross refining margin (GRM) during the first quarter of FY 2021-22 is $6.58 per bbl.
The company announced the launch of a $2 billion share buyback program that it aims to complete by the end of the year.
The Novolen plant will produce 1,000 KTA of polypropylene homopolymers, random copolymers, and impact copolymers
Thai oil will now acquire a 15% stake and SCG Chemicals retains approximately 30.57% in Chandra Asri
Bio-propanol offers the potential to reduce greenhouse gas emissions by 65 to 75% compared to fossil fuels
It posted net loss of Rs.(7.01) crores for the period ended June 30, 2020.
Under the agreement, Nouryon will license its innovative Continuous Initiator Dosing (CiD) technology to Beiyuan, and will supply its Trigonox 187 proprietary CiD initiator
The government has given approval for establishing two additional commercial-cum-strategic facilities with total storage capacity of 6.5 MMT underground storages at Chandikhol and Padur on PPP mode
The joint venture will produce methanol synthesis catalysts for the Chinese market
The process technology will be used for a 200 KTA ethylene vinyl acetate copolymer (EVA) and low-density polyethylene (LDPE) line to produce EVA products with vinyl acetate comonomer
The scope of work entails complete engineering services, equipment and material supply, installation and construction activities
Subscribe To Our Newsletter & Stay Updated
