Petrochemical | 18 February 2021
CDG Petchem Q3FY21 consolidated PAT at Rs. 0.49 Cr
The company posted net profit of Rs.0.1832 crores for the period ended December 31, 2019.
The company posted net profit of Rs.0.1832 crores for the period ended December 31, 2019.
"We are trying to eliminate the cascading effect of different taxes on natural gas across different states. Uniformity of tax will lead to reduction of cost of natural gas and increase in its usage across industries. We are committed to bringing natural gas under the GST regime,” the PM said.
The expansion of ADNOC's product range is also part of its broader downstream 2030 Smart Growth Strategy.
The company recently announced huge capital outlay of Rs50bn over the next three years with ambition to be strong no.2 player both in terms of market share and profitability over 'reasonable' period and target of 20% IRR.
Petroleum product sales at Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) surged by 22%-23% in the third quarter of the financial year ending March 2021 (3QFY21) from the previous quarter,
The scope of Axens’ work includes the supply of basic engineering design package, catalysts and adsorbents, proprietary equipment, trainings and technical services
The construction of a halo butyl production facility was completed in Jamnagar, India and the first batch of product is expected soon.
The biorefinery will transform natural oil, waste vegetables oils and tallow into HVO (Hydrogenated Vegetable Oils) also known in the market as Renewable Diesel.
The Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited (CPCL), Manali has been constructed at the cost of about Rs. 500 crore.
The company posted net loss of Rs. 1.51 crores for the period ended December 31, 2019.
The company reported total income of Rs.7.51 crores during the period ended December 31, 2019.
The company posted net profit of Rs.2.34 crores for the period ended December 31, 2019
The Propylene Derivative Petrochemical Project (PDPP) will help strengthen India’s journey towards being Aatmanirbhar.
The company s posted net loss of Rs. 1.38 crores for the period ended December 31, 2019.
Among subsidiaries, Marpol and Perma grew in high double digits.
The Cabinet Committee on Economic Affairs accorded approval to the proposal of the Department of Fertilizers for Grant-in-aid of Rs.100 crore to BVFCL
The company expects a strong first quarter of 2021 with net sales between $3.75 and $3.85 billion.
Berger Paints India has posted net profit of Rs.511.15 crores for the 9 months period ended December 31, 2020.
The company posted net profit of Rs.7.32 crores for the quarter ended December 31, 2019.
AT growth mirrored EBIT growth at 19% excluding exceptional income in previous year
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