India’s Privi Speciality Chemicals Reports 38% YoY Net Profit Growth in Q1FY21-22

Privi Speciality Chemicals Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit dropped 51.1% to Rs 29.25 crores ($3.9 million) for the period ended June 30, 2021 as against net profit of Rs 59.86 crores ($8 million) for … Read more

Lummus Novolen Technology & Chevron Lummus Global Announce Multiple Technology Awards in China

Lummus Technology and Chevron Lummus Global LLC (CLG) announced multiple technology contracts from North Huajin Refining and Petrochemical Co., Ltd. for a grassroots refinery and petrochemical complex in Liaoning Province, China. The complex will include one of the largest vacuum residue desulfurization (VRDS) units in China and one of the largest Novolen polypropylene (PP) plants. … Read more

India’s SRF Reports 123.2% YoY Net Profit Growth in Q1FY21-22

SRF Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 4% to Rs 395.28 crores ($53.2 million) for the period ended June 30, 2021 as against net profit of Rs 380.92 crores ($51.3 million) for the previous quarter. … Read more

Chemours to Sell Mining Solutions Business to Draslovka for $520 million

The Chemours Company has entered into a definitive agreement to sell its Mining Solutions business for $520 million in cash to Draslovka Holding a.s., a Czech-based private company specializing in cyanide production. The transaction is expected to close in the fourth quarter of 2021 subject to regulatory approvals and other customary closing conditions. Draslovka also … Read more

India’s Coromandel International Reports Rs 337.78 Cr Net Profit in Q1FY21-22

Coromandel International Ltd., a fertilizers manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 117% to Rs 337.78 crores ($45.3 million) for the period ended June 30, 2021 as against net profit of Rs 155.85 crores ($20.9 million) for the previous … Read more

India’s Phillips Carbon Black Reports Rs 104.4 Cr Net Profit in Q1FY21-22

Phillips Carbon Black Ltd., a carbon black manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 18.3% to Rs 104.39 crores ($14 million) for the period ended June 30, 2021 as against net profit of Rs 127.73 crores ($17.1 million) for … Read more

India’s Navin Fluorine Reports 5.6% YoY Net Profit Growth in Q1FY21-22

Navin Fluorine International Ltd., a specialty fluorine-based chemicals manufacturer in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 24% to Rs 55.91 crores ($7.5 million) for the period ended June 30, 2021 as against net profit of Rs 73.22 crores ($9.8 million) for … Read more

India’s Fineotex Chemical Ltd Reports 21.6% YoY Net Profit Growth in Q1FY21-22

Fineotex Chemical Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 16% to Rs 9.47 crores ($1.3 million) for the period ended June 30, 2021 as against net profit of Rs 11.22 crores ($1.5 million) for the … Read more

India’s ATUL Ltd Reports 41% YoY Net Profit Growth in Q1FY21-22

ATUL Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 5.2% to Rs 165.94 crores ($22.3 million) for the period ended June 30, 2021 as against net profit of Rs 175.05 crores ($23.5 million) for the previous … Read more

India Pesticides Ltd Reports 72.2% YoY Net Profit Growth in Q1FY21-22

India Pesticides Ltd., a pesticides manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 57.2% to Rs 42.02 crores ($5.6 million) for the period ended June 30, 2021 as against net profit of Rs 26.73 crores ($3.6 million) for the previous … Read more

Reliance’s O2C Segment Reported 49.8% YoY Growth in EBITDA for Q1FY21-22

Reliance O2C Ltd., a petrochemicals segment of RIL posted its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The segment’s EBITDA grew 7.2% to Rs 12,231 crores ($1.64 billion) for the period ended June 30, 2021 as against net profit of Rs 11,407 crores ($1.53 billion) for the previous quarter. Net … Read more

India’s Gulshan Polyols Reports 406% YoY Net Profit Growth in Q1FY21-22

Gulshan Polyols Ltd., a sugars and other chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 21.6% to Rs 26.19 crores ($3.5 million) for the period ended June 30, 2021 as against net profit of Rs 21.54 crores ($2.9 million) … Read more

India’s Oriental Aromatics Reports 129% YoY Net Profit Growth in Q1FY21-22

Oriental Aromatics Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 1.34% to Rs 22.7 crores ($3.1 million) for the period ended June 30, 2021 as against net profit of Rs 22.4 crores ($3 million) for the … Read more

Rallis India Reports 10.4% Decline in YoY Net Profit for Q1FY21-22

Rallis India Ltd., a crop protection chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 914% to Rs 82.34 crores ($11.1 million) for the period ended June 30, 2021 as against net profit of Rs 8.12 crores ($1.1 million) for … Read more

India’s Asian Paints Reports 160.2% YoY Net Profit Growth in Q1FY21-22

Asian Paints Ltd., a paints and coatings manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 33.3% to Rs 568.5 crores ($76.5 million) for the period ended June 30, 2021 as against net profit of Rs 852.13 crores ($114.6 million) for … Read more

India’s DCM Shriram Reports 125% YoY Net Profit Growth in Q1FY21-22

DCM Shriram Ltd., a chlor-alkali and chloro-vinyl manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 32% to Rs 157.5 crores ($21.1 million) for the period ended June 30, 2021 as against net profit of Rs 231.24 crores ($31 million) for … Read more

India’s Thirumalai Chemicals Reports Rs 65.1 Cr YoY Net Profit in Q1FY21-22

Thirumalai Chemicals Ltd., a petrochemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 23.1% to Rs 65.11 crores ($8.7 million) for the period ended June 30, 2021 as against net profit of Rs 84.67 crores ($11.4 million) for the previous … Read more

India’s Supreme Petrochem Reports Rs 146.25 Cr YoY Net Profit in Q1FY21-22

Supreme Petrochem Ltd., a polystyrene manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 37% to Rs 146.25 crores ($19.6 million) for the period ended June 30, 2021 as against net profit of Rs 231.7 crores ($31 million) for the previous … Read more

Rossari Biotech to Acquire Tristar Intermediates for Rs 120 Cr

Rossari Biotech Limited, a Indian speciality chemicals manufacturer, announced that its Board of Directors has approved the acquisition of Tristar Intermediates Pvt. Ltd. As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity share capital of Tristar Intermediates. 76% of the equity share capital will be acquired … Read more

Chevron, Cummins Announce Strategic Collaboration on Hydrogen

Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc. announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides the framework for Chevron and Cummins to initially collaborate on four main objectives: advancing public … Read more