Petrochemical | 26 May 2021
Polyplex posts consolidated Q4FY21 net profit of Rs. 125.32 Cr
The company has reported total income of Rs.4977.32 crores during FY 2020-21
The company has reported total income of Rs.4977.32 crores during FY 2020-21
It posted net profit of Rs.719.75 crores for the 12 months period ended March 31, 2021
It has strengthened product portfolio via multiple differentiated launches in FY2021
The Fund has an initial $25 million investment and invites businesses across the plastics value chain to join in advancing the recovery and recycling of plastics in the U.S. and Canada
The transaction will transfer full ownership of the refinery to Pemex
The project is scheduled for completion in the first quarter of 2024 and production launch is planned for early 2025.
The new PET resin facility at Nagpur will add 700 tons of capacity per day and is expected to be operational by the second quarter of 2022
The company reported total income of Rs.2063.71 crores during the 12 months period ended March 31, 2021
IOCL has reported total income of Rs.523736.38 crores during the 12 months period ended March 31, 2021
The company has reported total income of Rs.273221.69 crores during the 12 months period ended March 31, 2021
Carbon fiber reinforced polypropylene filament recycling provides for a circular pathway for material re-use and supports sustainability goals around eliminating plastic waste
Lummus’ scope includes the technology license for a 590 KTA polypropylene unit as well as basic design engineering, training and services, catalyst supply and operator training simulator services
Starting from June 1, 2021, the companies will collect used bottles of personal and home care products in Higashi-Yamato City, Tokyo, which will then be recycled to make new bottles
UOP will provide technology licensing and basic engineering design, in addition to services, equipment, catalysts and adsorbents for the proposed plant
To capture retail margins, MRPL is focused on setting up its own retail outlets and the same is being expedited
The polypropylene plant will produce 400,000 metric tonnes
Indigo has increased dealer count by 18% to 13,200 while its tinting machine count increased to 5,500 in FY21 from 4,300 in FY20.
The company has prepaid the outstanding term loans (from the proceeds of the IPO and internal accruals) and is now a debt free company.
International revenue grew 21.8/6.5% YoY to Rs. 7.3/25bn in 4Q/FY21.
The company has been trying to include other input resources into production
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