Petrochemical | 18 August 2021
Pearl Polymers Q1FY22 PAT surges to Rs. 30.54 Cr
The company posted net loss of Rs. (1.02) crores for the period ended June 30, 2020.
The company posted net loss of Rs. (1.02) crores for the period ended June 30, 2020.
The plant set up at Toray’s new facilities at Prai has boosted ABS resin production capacities by 75,000 metric tons per year (m.t./yr), to 425,000 m.t/yr
Complex is expected to be back into normal operation from August 25, 2021.
From Q3 FY21, raw material prices have seen an increasing trend, which resulted in around 7%-10% increase in overall manufacturing costs
The contract is for building a 200,000 metric tons per year PP unit scheduled for start up in 2024
The board also approved raising of funds upto Rs. 150 crores by way of issue of new equity shares
The company posted net profit of Rs.178.63 crores for the period ended June 30, 2020.
It posted net of Rs.13.34 crores for the period ended June 30, 2020.
The company posted net profit of Rs.285.91 crores for the period ended June 30, 2020.
The company posted net profit of Rs.2035.39 crores for the period ended June 30, 2020.
The price adjustment will take effect immediately
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The exclusive, 5-year agreement, which includes an option to renew for an additional five years, is valued at $240 million, the largest catalyst management agreement ever signed in Bapco’s history
The company posted net profit loss of Rs.(0.7026) crores for the period ended June 30, 2020.
The company posted net of Rs.2.68 crores for the period ended June 30, 2020.
The company has begun rolling out its all water-based portfolio of paints comprising 1,808 colours in Chandigarh and Jalandhar
The start-up is the second Lummus CDAlky unit at ZPC’s complex for a combined capacity of 59,000 barrel/d of alkylate production, making it the second largest alkylation complex in the world
The company posted net profit of Rs.44.49 crores for the period ended June 30, 2020.
The company registered Operating EBITDA of Rs. 290 crore, growth of 6.7% y-o-y whereas net profit grew by 7.8% to Rs. 131 crore
The EBITDA for Q1 FY22 was Rs. 112 crore and PAT Rs. 76 crore, against a mere Rs. 3 crore and loss of Rs. 1 crore respectively in Q1 FY21
The company is planning to propose capacity addition of 6,000 MTPA thereby taking the overall capacity to 12,000 MTPA
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