Arclin Acquires Belle Chemical Company

Arclin, a chemistry-based manufacturer of polymer technologies and engineered products for numerous industrial applications including building products, agriculture, transportation infrastructure, weather & fire protection, and other industries, announced that it has completed the purchase of Belle Chemical Company, a leading producer of methylamines and derivatives located in Belle, WV. The plant has approximately 60 employees. … Read more

Chemours sells Glycolic Acid Business to PureTech Scientific for $137M

The Chemours Company has entered into a definitive agreement to sell its Glycolic Acid business for $137 million in cash to PureTech Scientific Inc., a company founded and backed by Iron Path Capital. With this acquisition, PureTech Scientific is positioning itself to become the global leader in organic synthesis of ultra-high purity alpha hydroxy acids … Read more

Gulbrandsen starts production of triethylaluminum in India

Gulbrandsen, a global specialty chemicals leader, has started production of triethylaluminum (TEAL) at a new manufacturing facility located in Dahej, India, to meet increasing global demand. Aluminum Alkyls are used as co-catalysts for manufacturing polyolefins, synthetic rubber, pharmaceuticals, and other fine chemicals. “This investment supports Gulbrandsen’s commitment to meet the growing needs of our customers … Read more

India’s Shree Ganesh Remedies plans Rs 600 Mn Capital Expenditure

Shree Ganesh Remedies Limited (SGRL), manufacturer of specialty, fine chemicals and pharmaceutical intermediates, owing to its expertise in organic chemistry and technology competencies, is planning Rs 600 million capex over the next two years. SGRL has taken a step forward for future expansion in increasing the manufacturing capacity as well as upgradation in chemical reaction … Read more

India’s Ami Organics signs multi-year supply agreement with Fermion

Ami Organics Limited, a leading global manufacturer of advance pharmaceutical intermediates and speciality chemicals, has signed a definitive multi-year, multi-tonne agreement with Fermion, a fully owned subsidiary of Orion Corporation, Finland, for supply of an intermediate for their patented product. Based on the supply projection shared by Fermion, the total minimum contract value is expected … Read more

Meghmani Finechem debuts in MSCI India Domestic Small Cap Index

Meghmani Finechem Limited (MFL), a leading integrated chemical manufacturer in India, will be making a debut in the MSCI India Domestic Small Cap Index. This addition was done as a part of MSCI’s semi-annual quarterly index review for the Asia-Pacific region. The new additions to the indices will be effective from November 30, 2022. Recently, … Read more

Deepak Nitrite Ltd Reports 31.4% Drop in YoY Net Profit for Q2 FY23

Deepak Nitrite Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 25.6% to Rs 1.74 billion for the period ended Sept 30, 2022 as against net profit of Rs 2.34 billion for the previous quarter. Net sales decreased 4.5% to … Read more

Alkyl Amines Chemicals Ltd Reports 3% Drop in YoY Net Profit for Q2 FY23

Alkyl Amines Chemicals Limited., a Indian aliphatic amines manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 36% to Rs 524.1 million for the period ended Sept 30, 2022 as against net profit of Rs 818.8 million for the previous quarter. Net sales decreased … Read more

Vinati Organics Ltd Reports 42.7% Net Profit Growth YoY for Q2 FY23

Vinati Organics Limited., a Indian organic chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 14.6% to Rs 1.16 billion for the period ended Sept 30, 2022 as against net profit of Rs 1.01 billion for the previous quarter. Net sales increased 11.8% … Read more

SRF Ltd Reports 25.8% Growth in YoY Net Profit for Q2 FY23

SRF Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 20.9% to Rs 4.81 billion for the period ended Sept 30, 2022 as against net profit of Rs 6.08 billion for the previous quarter. Net sales dropped 3.7% to Rs … Read more

Balaji Amines Ltd Reports 16.1% Net Profit Growth YoY for Q2 FY23

Balaji Amines Limited., a Indian organic chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 24.7% to Rs 925.6 million for the period ended Sept 30, 2022 as against net profit of Rs 1.23 billion for the previous quarter. Net sales decreased 6.6% … Read more

India Pesticides Ltd Reports 2.2% Decline in YoY Net Profit for Q1 FY23

India Pesticides Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company’s net profit grew 33.9% to Rs 410.9 million for the period ended June 30, 2022 as against net profit of Rs 306.7 million for the previous quarter. Net sales increased … Read more

India’s Deepak Nitrite Ltd Reports 22.5% Decline in YoY Net Profit for Q1 FY23

Deepak Nitrite Limited., a specialty chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company’s net profit declined 12.2% to Rs 2.34 billion for the period ended June 30, 2022 as against net profit of Rs 2.67 billion for the previous quarter. Net sales … 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 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 Asahi Songwon Colors Acquires Atlas Life Sciences

Asahi Songwon Colors on Monday announced its entry into active pharmaceutical ingredient (API) manufacturing with the acquisition of Atlas Life Sciences Private Limited. The company has executed a Share Purchase Agreement (SPA) with Atlas Life Sciences Private Limited (ALSPL) and certain identified promoters of ALSPL for acquisition of 100% stake in ALSPL in three tranches … Read more

Sumitomo Chemical to Build API and Intermediates Plant in Japan

Sumitomo Chemical Co., Ltd. will construct a new manufacturing plant for active pharmaceutical ingredients (APIs) and intermediates for small molecule drugs at its Oita Works. This project is to enhance the Company’s capacity to supply a variety of high-quality APIs and intermediates in response to the increasing demand for small molecule drugs. The new plant … Read more