Trinseo has begun work to explore the divestiture of its styrenics businesses and plans to launch a formal sales process in the first quarter of 2022. The scope of this potential divestiture is expected to include the Feedstocks and Polystyrene reporting segments as well as the Company’s 50% ownership of Americas Styrenics. The company had … Read more
Poddar Pigments Ltd., a additive masterbatches manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 8.1% to Rs 43.37 million for the period ended September 30, 2021 as against net profit of Rs 47.18 million for the previous quarter. Net sales … Read more
I G Petrochemicals Limited announced that its board of directors at their meeting held on November 1, 2021 have approved the expansion of Phthalic Anhydride capacity. The company will build the new plant with a capacity of 53,000 MTPA at its existing plant location, Taloja (brownfield expansion) at an outlay of approx. Rs 3.45 billion. … Read more
Grasim Industries said it commissioned Chloromethane (CMS) project at Vilayat Unit in Gujarat on 4 November 2021. The company said the project has a capacity of 150 ton per day (TPD) / 50,000 ton per annum (TPA). The new capacity will cater to both domestic and international market. This will result into an additional annualised … Read more
Vishnu 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 grew 43.6% to Rs 166.3 million for the period ended September 30, 2021 as against net profit of Rs 115.8 million for the previous quarter. Net sales increased … Read more
Alkyl Amines Chemicals Ltd., an organic amines manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 31.1% to Rs 540.9 million for the period ended September 30, 2021 as against net profit of Rs 785.4 million for the previous quarter. Net … Read more
DuPont on November 2nd said it has signed a definitive agreement to acquire electronics materials specialist Rogers Corporation for $5.2 billion. With this acquisition, Dupont said it will expand its leading position in high growth markets such as electric vehicles, advanced driver assistance systems (ADAS), 5G telecommunications and clean energy. The acquisition is expected to … Read more
Thirumalai 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 22.3% to Rs 506 million for the period ended September 30, 2021 as against net profit of Rs 651.1 million for the previous quarter. Net sales increased … Read more
DCW Ltd., a chlor-alkali 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 47.1% to Rs 196.72 million for the period ended September 30, 2021 as against net profit of Rs 133.72 million for the previous quarter. Net sales increased … Read more
BASF India Ltd., an Indian subsidiary of BASF SE Germany announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 30.4% to Rs 1.37 billion for the period ended September 30, 2021 as against net profit of Rs 1.97 billion for the previous quarter. Net sales … Read more
Eastman Chemical Company announced it and certain of its subsidiaries have entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer plc for total cash consideration of $1 billion dollars. The sale consists of hydrocarbon resins (including Eastman Impera tire resins), pure monomer resins, polyolefin polymers, rosins and dispersions, and … Read more
Ecolab Inc. has entered into an agreement to acquire Purolite, a provider of high-end ion exchange resins for the separation and purification of solutions, which is critical to safe, high quality drug production and biopharma product purification in the life sciences industries. It also provides purification and separation solutions for critical industrial markets like microelectronics, … Read more
Bodal 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 declined 15.5% to Rs 252.29 million for the period ended September 30, 2021 as against net profit of Rs 298.56 million for the previous quarter. Net sales increased … Read more
UPL 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 6.4% to Rs 6.34 billion for the period ended September 30, 2021 as against net profit of Rs 6.77 billion for the previous quarter. Net sales increased 24% … Read more
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
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
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
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
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
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