Petrochemical | 16 November 2020
Braskem expands technology innovation center in America
Company has invested $10 million and added eight new state-of-the-art laboratories
Company has invested $10 million and added eight new state-of-the-art laboratories
Aim is to annually produce up to 950,000 cubic meters of renewable fuel by 2024
Net profit scaled to Rs. 9.8 crore in Q2 FY20 compared to Rs. 4.5 crore in Q2 FY2019, registering a growth of 116%
The order is related to design, supply, fabrication, testing and commissioning of storage tanks for IOCL's Paradeep refinery
Tested & recommended by Honda Motor Co. Ltd., the engine oil which will be marketed as ‘Honda Repsol MOTO’ is exclusively formulated for Honda’s two-wheelers
This growth is attributed to the company’s aggressive cost control strategy and efficient management of overheads during pressing times like COVID-19
Q2 FY21 revenue was down 21.7% to reach Rs. 43.35 crore and net profit after tax was down 25.6% to reach Rs. 1.80 crore
Revenue for Q2 FY 20-21 reached Rs. 411.74 crore
The investigation will cover imports between April 1, 2019-June 30, 2020 and the period 1st April 2016 - 31st March 2017, 1st April 2017 - 31st March 2018, 1st April 2018 - 31st March 2019, and the PoI as the injury investigation period
The new capacity should go on stream within 20 months
HAMSPL has now become a 100% subsidiary of the Pidilite
For the quarter, the company earned net revenue from operations of Rs. 1288 crores, a growth of 3.6% over the corresponding quarter of the previous year
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As per the MoU, the projects will be focused on plastics recycling, producing biofuels from renewable feedstock and circular fuels and chemicals from non-recyclable waste
The scope of supply includes design, engineering, manufacturing, construction and commissioning of the CHP plant and the project is expected to be completed in 20 months.
The expansion is expected to enhance the production capacity of the company by 80,000 TPA
Second renewable fuels production unit scheduled to go on stream in 2021
As per the deal, Univation will provide PE Process technology for three world-scale PE reactor lines for Amur GCC project in Russia
Company registered a net profit of Rs. 35.84 crore in the second quarter of current fiscal as against a loss of Rs. 574.45 crore in the corresponding period of the previous year.
The increase in revenue was primarily due to higher price realizations in the O2C segment, strong recovery in Retail operations and sustained subscriber addition with improvement in ARPU in Digital services business.
Construction of the near 100,000 metric ton plant will take place in a phased manner, and once commissioned, this would be the single largest site capacity for CPVC resin production globally.
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