Vishnu Chemicals Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit rose 147% to Rs 12.48 crores ($1.7 million) for the period ended June 30, 2020 as against net profit of Rs 5.05 crores ($0.67 million) for the … Read more
Clariant’s Business Line Biofuels and Derivatives announced that a strategic partnership has been formed with Chemtex Global Corporation for the realization of second-generation biofuel projects. Under the partnership, the two parties will collaborate to market and sell Clariant’s sunliquid technology licenses, as well as services and supplies for advanced biofuel plants in China. As the … Read more
Bodal Chemicals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company reported a net loss of Rs 19.54 crores ($2.6 miilion) for the period ended June 30, 2020 as against net profit of Rs 23.09 crores ($3.1 miilion) for the previous … Read more
GAIL India Ltd., one of the major petrochemicals manufacturers based in India announced its results for the first quarter ended June 30, 2020. Petrochemicals Segment Q1 Results- QoQ The company reported a net loss of Rs (154.43) crores ($20.6 million) for the period ended June 30, 2020 as against net profit of Rs 72.36 crores … Read more
DCM Shriram Industries Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 80.4% to Rs 5.09 crores ($0.68 miilion) for the period ended June 30, 2020 as against net profit of Rs 25.98 crores ($3.5 miilion) for the … Read more
Royal Dutch Shell plans to buy a 50% stake in Indian-based Nayara Energy’s $9 billion planned petrochemical project, according to a Reuter’s report. Global oil majors are looking at expanding foothold in the vast Indian market, where local refiners are investing billions of dollars to boost their petrochemical capacities. They are looking to meet an … Read more
S H Kelkar and Company Ltd., a fragrances and flavours manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit increased 23.2% to Rs 14.81 crores ($2 miilion) for the period ended June 30, 2020 as against net profit of Rs 12.02 crores … Read more
Galaxy Surfactants Ltd, a surfactants manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 10% to Rs 56.49 crores ($7.5 miilion) for the period ended June 30, 2020 as against net profit of Rs 62.80 crores ($8.4 miilion) for the previous … Read more
Transpek Industry Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 84.4% to Rs 3.77 crores ($0.5 miilion) for the period ended June 30, 2020 as against net profit of Rs 24.21 crores ($3.2 miilion) for the previous … Read more
Sudarshan Chemical Industries Ltd., a pigments and chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 33.4% to Rs 18.19 crores ($2.4 miilion) for the period ended June 30, 2020 as against net profit of Rs 27.30 crores ($3.6 miilion) … Read more
BASF has acquired land, buildings and assets of SPC (Sinopec Shanghai Petrochemical Company, Ltd., China), related to alkoxylates production, adjoining the BASF Jinshan site, in order to fulfil the growing demand from customers across Asia Pacific, especially China. With the current alkoxylate line in the Care Chemicals Jinshan plant running at full capacity, this acquisition … Read more
Indian Oil Corporation Ltd (IOCL)., one of the major petrochemicals manufacturers based in India announced its results for the first quarter ended June 30, 2020. Petrochemicals Segment Q1 Results- QoQ The company’s net profit declined 6% to Rs 495.1 crores ($65.9 million) for the period ended June 30, 2020 as against net profit of Rs … Read more
Indian Oil Corp., announced that it will build an integrated para-xylene (PX) and purified terephthalic acid (PTA) complex at Paradip, Odisha, India, with an investment of Rs 138 billion ($1.8 billion). The company expects to bring it online in early 2024. The petrochemicals complex will have a PX production capacity of 800,000 tonnes per year, … Read more
Linde India Ltd., an Indian subsidiary of industrial gas manufacturer Linde Plc announced its results for the second quarter ended June 30, 2020. CY 2020 Q2 Results- QoQ The company’s net profit declined 49.3% to Rs 19.80 crores ($2.6 million) for the period ended June 30, 2020 as against net profit of Rs 39.03 crores … Read more
Reliance Industries Ltd., one of the world’s largest petrochemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Petrochemicals Segment Q1 Results- QoQ The segment’s net profit declined 25% to Rs 4,430 crores ($592.2 million) for the period ended June 30, 2020 as against net profit of Rs 5,938 … Read more
Indian Oil Corporation and Total announced the formation of a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in India. Total is the leading bitumen manufacturer and supplier in Europe, while Indian Oil is the largest player in the Indian bitumen market. … Read more
Chambal Fertilisers & Chemicals Ltd., a fertilizer and chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit increased 51.2% to Rs 298.78 crores ($40 miilion) for the period ended June 30, 2020 as against net profit of Rs 197.55 crores ($26.4 … Read more
Navin Fluorine International Ltd., an organo-fluorine chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit declined 79.5% to Rs 56.02 crores ($7.5 million) for the period ended June 30, 2020 as against net profit of Rs 272.69 crores ($ million) for … Read more
GHCL Ltd., a basic chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit declined 85% to Rs 12.95 crores ($1.7 million) for the period ended June 30, 2020 as against net profit of Rs 84.86 crores ($11.4 million) for the previous … Read more
Asian Paints Ltd., a paints and coatings manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit declined 53% to Rs 218.45 crores ($29.2 million) for the period ended June 30, 2020 as against net profit of Rs 461.89 crores ($61.7 million) for … Read more