I G Petrochemicals Limited announced that its board of directors at their meeting held on November 1, 2021 have approved the expansion of Phthalic Anhydride capacity. The company will build the new plant with a capacity of 53,000 MTPA at its existing plant location, Taloja (brownfield expansion) at an outlay of approx. Rs 3.45 billion. … Read more
I G Petrochemicals Ltd., a petrochemicals manufacturer based in India, announced its results for the quarter and financial year ended March 31, 2021. Q4 Results The company’s net profit increased 2428% to Rs 99.85 crores ($13.7 million) for the period ended March 31, 2021 as against Rs 3.95 crores ($0.54 million) for the period ended … Read more
I G Petrochemicals Ltd., a petrochemicals manufacturer based in India, announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit declined 78.1% to Rs 3.95 crores ($0.53 million) for the period ended March 31, 2020 as against Rs 18.06 crores ($2.4 million) for the period ended … Read more
India’s I.G. Petrochemicals reported fall in profit growth in the third quarter 2019 on poor Pthalic Anhydride (PAN) margins. The company has reported net sales of Rs.276.60 crores ($38.6 million) during the period ended December 31, 2019, a decrease of 12.96% as compared to Rs.317.79 crores ($44.3 million) during the prior-year quarter. The company has … Read more