Mitsui Chemicals to Acquire Pellicle Business of Asahi Kasei

Mitsui Chemicals, Inc. announced that it has formed an agreement to acquire the pellicle business of Asahi Kasei Corporation, said the company. According to Mitsui Chemical’s Long-Term Business plan VISION 2030, it is aiming with creating and growing a “unique” ICT Solutions business to grow products that will let it create and grow operations here … Read more

Azelis Acquires Chemo India and Unipharm Laboratories in India

Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces that it has reached an agreement to acquire Chemo India and Unipharm Laboratories’ distribution assets. Both companies are renowned local distributors of specialty chemicals and ingredients for the CASE (coatings, adhesives, sealants, elastomers), L&MWF (lubricants & metalworking fluids) and … Read more

Petronas Chemicals to acquire Perstorp in $2.4-Billion Deal

Perstorp AB announced that it will be acquired by PETRONAS Chemicals Group Berhad (PCG, Kuala Lumpur, Malaysia). PCG signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB.  The agreement was signed with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm. … Read more

India’s Indo Amines Reports 21.4% Decline in Net Profit for Q4 FY22

Indo Amines Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit declined by 21.4% to Rs 96.84 million for the period ended March 31, 2022 as against Rs 123.14 million for the period ended March 31, 2021. Net sales increased … Read more

India’s Transpek Industry Reports 3.2% Growth in Net Profit for Q4 FY22

Transpek Industry Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 3.2% to Rs 113.05 million for the period ended March 31, 2022 as against Rs 109.54 million for the period ended March 31, 2021. Net sales increased … Read more

India’s Pidilite Industries Reports 16.9% Decline in Net Profit for Q4 FY22

Pidilite Industries Ltd., a specialty chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit declined by 16.9% to Rs 2.54 billion for the period ended March 31, 2022 as against Rs 3.06 billion for the period ended March 31, 2021. Net sales … Read more

India’s PI Industries Reports 13.7% Net Profit Growth for Q4 FY22

PI Industries Ltd., a specialty chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 13.7% to Rs 2.04 billion for the period ended March 31, 2022 as against Rs 1.79 billion for the period ended March 31, 2021. Net sales … Read more

India’s Balaji Amines Reports 28.7% Net Profit Growth for Q4 FY22

Balaji Amines Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 28.7% to Rs 1.08 billion for the period ended March 31, 2022 as against Rs 844.98 million for the period ended March 31, 2021. Net sales increased … Read more

India’s Vinati Organics Reports 42.7% Net Profit Growth for Q4 FY22

Q4 Results Vinati Organics Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. The company’s net profit grew by 42.7% to Rs 1.01 billion for the period ended March 31, 2022 as against Rs 708.45 million for the period ended March 31, 2021. Net sales increased … Read more

India’s Diamines and Chemicals Net Profit Rises 234.3% in Q4 FY22

Diamines and Chemicals Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 234.3% to Rs 71.6 million for the period ended March 31, 2022 as against Rs 21.42 million for the period ended March 31, 2021. Net sales … Read more

India’s Asian Paints Net Profit Slips to Rs 8.5 Billion in Q4 FY22

Asian Paints Ltd., a paints and coatings manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit declined by 0.2% to Rs 8.5 billion for the period ended March 31, 2022 as against Rs 8.52 billion for the period ended March 31, 2021. Net … Read more

India’s Chemplast Sanmar Reports 36.4% Net Profit Decline for Q4 FY22

Chemplast Sanmar Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit declined by 36.4% to Rs 2.31 billion for the period ended March 31, 2022 as against Rs 3.64 billion for the period ended March 31, 2021. Net sales increased … Read more

India’s Navin Fluorine Reports Rs 751.6 Million Net Profit for Q4 FY22

Navin Fluorine International Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 2.6% to Rs 751.6 million for the period ended March 31, 2022 as against Rs 732.2 million for the period ended March 31, 2021. Net sales … Read more

India’s DCM Shriram Reports 73.5% Growth in Net Profit for Q4 FY22

DCM Shriram Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 73.5% to Rs 4.01 billion for the period ended March 31, 2022 as against Rs 2.31 billion for the period ended March 31, 2021. Net sales increased … Read more

India’s Privi Speciality Chemicals Reports 50% Decline in Net Profit for Q4 FY22

Privi Speciality Chemicals Ltd., a specialty chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit declined by 50% to Rs 299.14 million for the period ended March 31, 2022 as against Rs 598.6 million for the period ended March 31, 2021. Net … Read more

India and Germany to Establish Green Hydrogen Task Force

India and Germany have signed a joint declaration of intent on the Indo-German Green Hydrogen Task Force. According to the Ministry of New and Renewable Energy, the joint proclamation was virtually signed by R K Singh, Union Minister for Power and New and Renewable Energy, and Robert Habeck, German Minister for Economic Affairs and Climate … Read more

India’s 20 Microns Reports 30.6% Growth in Net Profit for Q4 FY22

20 Microns Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 30.6% to Rs 106.29 million for the period ended March 31, 2022 as against Rs 81.35 million for the period ended March 31, 2021. Net sales increased … Read more

India’s Meghmani Organics Reports 183.7% Growth in Net Profit for Q4 FY22

Meghmani Organics Ltd., a specialty chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 183.7% to Rs 1.02 billion for the period ended March 31, 2022 as against Rs 360.28 million for the period ended March 31, 2021. Net sales … Read more