Indo Amines 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 44.7% to Rs 39.39 million for the period ended September 30, 2021 as against net profit of Rs 71.28 million for the previous quarter. Net sales increased … Read more
Meghmani Finechem Limited, a leading manufacturer of Chlor-Alkali products and its value-added Derivatives, on Thursday announced its expansion plans into Chlorotoluene and its value chain. The upcoming facility in its existing Chlor-Alkali Complex of Dahej will produce intermediates for manufacturing pharmaceutical and agro-chemical active ingredients, which are amongst the fastest growing segments. The Chlorotoluene project … Read more
Transpek Industry 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 30.2% to Rs 175.99 million for the period ended September 30, 2021 as against net profit of Rs 135.21 million for the previous quarter. Net sales increased … 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
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
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
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
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
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
BASF Petronas Chemicals Sdn Bhd (BPC), a joint venture between BASF and PETRONAS Chemicals Group Berhad (PCG), intends to expand the annual production capacity of 2-Ethylhexanoic Acid (2-EHA) from 30,000 to 60,000 metric tons by 2024. “We are committed to supporting our customers’ growing demand in various 2-EHA downstream ap-plications, such as synthetic lubricants for … Read more
PI Industries on Monday executed two joint venture agreements with Polymath Holding for undertaking the business of manufacturing and selling the products for bio chemistry processes and bio chemical enabled pharmaceutical intermediates. The first joint venture agreement – JVC-1 is executed to undertake the business of manufacturing and selling the products for bio chemistry. In … Read more
Balaji Amines Ltd has announced a small incident at its unit III demethylformamide (DMF) plant due to which leakages/breakdown has taken place. While rectifying this, the company is adding some debottlenecking activities to increase capacity, which may take two to three weeks. During this period, the DMF plant will not be operational. The unit III … Read more
Laxmi Organic Industries has completed the acquisition of 100% equity share capital of Acetyls Holding in accordance with terms of the Share Purchase Agreement dated 09 December 2020 and Prospectus dated 18 March 2021. With this acquisition, Acetyls Holding and its subsidiary Company namely Yellowstone Chemicals have become subsidiaries of the Company w.e.f. 01 October … Read more
Transpek Industry Ltd has announced that the Board of Directors of the company had, at its meeting held on September 22, 2021, approved the appointment of Avtar Singh as a Whole-time Director of the Company designated as Joint Managing Director. The appointment is for a period of 5 years with effect from October 1, 2021. … Read more
Neogen Chemicals Limited has announced that the Phase I commercial production for manufacturing of organic chemicals has commenced at full scale successfully at its Greenfield facility in Dahej Special Economic Zone (SEZ). The Phase I of Greenfield facility at the SEZ in Dahej is set to double Neogen’s organic chemical manufacturing capacity. The facility will … Read more
IOL Chemicals and Pharmaceuticals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit dropped 11% to Rs 67 crores ($9 million) for the period ended June 30, 2021 as against net profit of Rs 75.25 crores ($10.1 million) for … Read more
India Glycols Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 198% to Rs 211.48 crores ($28.4 million) for the period ended June 30, 2021 as against net profit of Rs 70.99 crores ($9.5 million) for the previous … Read more
Hikal Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 0.8% to Rs 50.54 crores ($6.8 million) for the period ended June 30, 2021 as against net profit of Rs 50.92 crores ($6.9 million) for the previous quarter. … Read more
Alkyl Amines Chemicals Ltd., an aliphatic amines manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 15.2% to Rs 78.54 crores ($10.6 million) for the period ended June 30, 2021 as against net profit of Rs 92.59 crores ($12.5 million) for … Read more