India’s Godrej Industries to invest $72.2 million to expand oleo chemicals capacity

Godrej Industries Ltd (Chemicals Division) has recently entered into a non-binding Memorandum of Understanding (MoU) with the Gujarat government, as revealed in an official regulatory filing.  The agreement signals a potential substantial expansion for Godrej Industries in Valia, with an anticipated investment of Rs 6 billion ($72.2 million) over the next four years. The expansion … Read more

India’s Godrej Industries Reports Fall in Sales Growth for Chemicals in FY2019-20

Godrej Industries announced its results for the quarter and financial year ended 31 March 2020. Chemicals & Crop protection Segments Q4 Results: GIL’s net profit from the chemicals segment saw a decline by 1% to Rs 37.93 crore ($5.0 million) in the fourth quarter as against Rs 38.37 crore ($5.1 million) in the prior year … Read more