India’s Sudarshan Chemical Industries Reports 24.9% Decline in YoY Q2FY22 Net Profit

Sudarshan Chemical Industries Ltd., a specialty chemical manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 13.01% to Rs 227.59 million for the period ended September 30, 2021 as against net profit of Rs 261.64 million for the previous quarter. Net … Read more

India’s Chemcon Speciality Chemicals Reports 6.5% Decline in YoY Q2FY22 Net Profit

Chemcon Speciality Chemicals Ltd., a chemical manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 8.6% to Rs 145.69 million for the period ended September 30, 2021 as against net profit of Rs 134.13 million for the previous quarter. Net sales … Read more

India’s Atul Reports 15.9% Decline in YoY Q2FY22 Net Profit

Atul Ltd., a chemical manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 11.6% to Rs 1.46 billion for the period ended September 30, 2021 as against net profit of Rs 1.66 billion for the previous quarter. Net sales increased 14.5% … Read more

India’s GHCL Reports 30.2% Growth in YoY Q2FY22 Net Profit

GHCL Ltd., a soda ash manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 7.2% to Rs 1.09 billion for the period ended September 30, 2021 as against net profit of Rs 1.02 billion for the previous quarter. Net sales increased … Read more

India’s Paushak Reports 133.7% Growth in YoY Q2FY22 Net Profit

Paushak Ltd., a phosgene gas and phosgene-based chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 387.4% to Rs 142.8 million for the period ended September 30, 2021 as against net profit of Rs 29.3 million for the previous quarter. … Read more

India’s Valiant Organics Reports 10.8% Decline in YoY Q2FY22 Net Profit

Valiant Organics Ltd., a fine chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 4% to Rs 255.91 million for the period ended September 30, 2021 as against net profit of Rs 266.54 million for the previous quarter. Net sales … Read more

India’s Phillips Carbon Black Reports 110.5% Growth in YoY Q2FY22 Net Profit

Phillips Carbon Black Ltd., a carbon black manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 17% to Rs 1.22 billion for the period ended September 30, 2021 as against net profit of Rs 1.04 billion for the previous quarter. Net … Read more

India’s Tata Chemicals Reports 102.9% Growth in YoY Q2FY22 Net Profit

Tata Chemicals Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 21.7% to Rs 268.02 crores ($35.8 million) for the period ended September 30, 2021 as against net profit of Rs 342.33 crores ($45.7 million) for the previous … Read more

India’s Balaji Amines Reports 74.3% Growth in YoY Q2FY22 Net Profit

Balaji Amines Ltd., an orgnanic amine chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 12% to Rs 79.75 crores ($10.7 million) for the period ended September 30, 2021 as against net profit of Rs 90.38 crores ($12.1 million) for … Read more

India’s Deepak Nitrite Reports 49.4% Growth in YoY Q2FY22 Net Profit

Deepak Nitrite Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 16% to Rs 254.34 crores ($34 million) for the period ended September 30, 2021 as against net profit of Rs 302.63 crores ($40.4 million) for the previous … Read more

India’s Meghmani Organics Reports Rs 65.26 Cr Net Profit for YoY Q2FY22

Meghmani Organics Ltd., a agrochemicals and pigments manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 4.8% to Rs 65.26 crores ($8.7 million) for the period ended September 30, 2021 as against net profit of Rs 68.57 crores ($9.1 million) for … Read more

India’s Meghmani Finechem Reports 83.4% Growth in YoY Q2FY22 Net Profit

Meghmani Finechem Ltd., a Chlor-Alkali manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 27.2% to Rs 47.01 crores ($6.3 million) for the period ended September 30, 2021 as against net profit of Rs 36.95 crores ($4.9 million) for the previous … Read more

Lotte Chemical to Launch $1.2 billion Ethylene Project in Indonesia

Lotte Chemical Corp. announced that its board approved capital expenditure for its planned integrated petrochemical facility (IPF) in Cilegon, Indonesia. Lotte Chemical said in a disclosure that its board approved a recapitalization scheme of 1.4 trillion won ($1.2 billion) through purchase of rights offering from Indonesia, PT Lotte Chemical Indonesia, to fund a massive petrochemical … Read more

India’s Mangalam Organics Reports 55.7% Growth in YoY Q2FY21 Net Profit, Doubles Camphor Capacity to 10,000 MTPA

Mangalam Organics Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 49% to Rs 22.31 crores ($3 million) for the period ended September 30, 2021 as against net profit of Rs 14.98 crores ($2 million) for the previous … Read more

India’s SRF Reports 21.3% Growth in YoY Q2FY21 Net Profit

SRF Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 3.3% to Rs 382.45 crores ($50.9 million) for the period ended September 30, 2021 as against net profit of Rs 395.28 crores ($52.6 million) for the previous quarter. … Read more

GAIL to Build India’s Largest Green Hydrogen Plant

GAIL (India) will build India’s largest green hydrogen plant in the next 12-14 months, as it looks to supplement its natural gas business with carbon-free fuel. Speaking at the India Energy Forum by CERAWeek, GAIL CMD Manoj Jain said the company is looking at building a 10-megawatt (MW) electrolyzer capable of generating 4.5 tonnes of … Read more

Saudi Arabia to Use $110 Billion Natural Gas Project for Blue Hydrogen

Saudi Arabia announced its key focus of Jafurah development natural-gas projects would be on manufacturing blue hydrogen, as it steps up efforts to transit to green-energy. A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen, according to Energy Minister Abdulaziz bin Salman. The fuel is made by … Read more

GAIL Selects Lummus Technology’s CATOFIN for India’s First PDH Plant

GAIL (India) Limited has selected Lummus Technology’s CATOFIN process and Clariant’s tailor-made catalysts for India’s first PDH (propane dehydrogenation) plant. This will be Lummus Technology, and its catalysts partner, Clariant Catalyts’ another major contract award in India that will expand their global share of the PDH market. This upcoming 500,000 metric tons per year PDH … Read more

Air Liquide to Speed Up Green Hydrogen Production Project in France

French industrial gas manufacturer, Air Liquide increased its total stake in H2V Normandy to 100%, of which it previously held 40%. Renamed Air Liquide Normand’Hy, this company aims to build a large-scale electrolyzer of at least 200 MW for the production of renewable hydrogen in France. This strategic investment will support the development of a … Read more

India’s Asian Paints Reports 28.2% Decline in YoY Q2FY21 Net Profit

Asian Paints Ltd., a paints and coatings manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit grew 4.8% to Rs 595.96 crores ($79.7 million) for the period ended September 30, 2021 as against net profit of Rs 568.5 crores ($76 million) for … Read more