Valiant Organics Limited., a specialty chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 24.4% to Rs 30.7 crores for the period ended September 30, 2020 as against net profit of Rs 24.68 crores for the previous quarter. Net sales … Read more
Grasim Industries has decided to sell its fertilizer business to Indorama Corporation for Rs 2649 crore ($355 million). The flagship company of Aditya Birla Group on Thursday approved the divestment of its fertilizer business, Indo Gulf Fertilizers (IGF), by way of a slump sale to Indorama India Pvt Ltd (IIP), a subsidiary of Indorama Corporation … Read more
Indo Amines Limited., a manufacturer of organic amine-based fine chemicals, specialty and performance chemicals announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 165% to Rs 6.65 crores for the period ended September 30, 2020 as against net profit of Rs 2.51 crores for the … Read more
SRF Limited., an industrial and specialty intermediates manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 78% to Rs 315.2 crores for the period ended September 30, 2020 as against net profit of Rs 177.09 crores for the previous quarter. Net sales grew 36% … Read more
Chemcon Speciality Chemicals Limited., a speciality chemicals manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 76.4% to Rs 15.58 crores for the period ended September 30, 2020 as against net profit of Rs 8.83 crores for the previous quarter. Net sales grew 34.1% … Read more
Transpek Industry Limited., a sulphur-chlorine based chemicals manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit declined 85% to Rs 0.57 crores for the period ended September 30, 2020 as against net profit of Rs 3.77 crores for the previous quarter. Net sales grew 1% … Read more
Reliance Industries Ltd., one of the world’s largest petrochemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Petrochemicals Segment Q2 Results- QoQ The segment’s earnings before interest and taxes (EBIT) grew 44.3% to Rs 4,895 crores for the period ended September 30, 2020 as against EBIT of Rs … Read more
Pidilite Industries Ltd announced that the company has completed the acquisition of 100% stake in Huntsman Advanced Materials Solutions Private Limited (HAMSPL), on 3rd November 2020. As such, HAMSPL will now be a subsidiary of Pidilite Industries Ltd, the company said. At its meeting on October 28, the board of Pidilite Industries approved a definitive … Read more
BASF said on Thursday that its plans to build a petrochemicals complex in India worth up to $4 billion with partners had been put on hold due to the economic uncertainty caused by the pandemic. As part of four-party Memorandum of Understanding (MoU), signed on October 4, 2019, Abu Dhabi National Oil Company (ADNOC), Adani … Read more
Hikal Limited., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 79.7% to Rs 26.95 crores for the period ended September 30, 2020 as against net profit of Rs 15 crores for the previous quarter. Net sales increased 5.5% … Read more
UPL Limited., an agrochemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit declined 30% to Rs 104 crores for the period ended September 30, 2020 as against net profit of Rs 149 crores for the previous quarter. Net sales grew 19% … Read more
Paushak Ltd., a specialty chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit declined 29.2% to Rs 6.11 crores for the period ended September 30, 2020 as against net profit of Rs 8.63 crores for the previous quarter. Net sales fell … Read more
Lubrizol Advanced Materials, a global specialty chemical leader and the market leader for CPVC, and Grasim Industries Limited have entered into a definitive agreement to manufacture and supply CPVC resin in India to meet growing demand for chlorinated polyvinyl chloride (CPVC) pipe and fittings. Once commissioned, this near 100,000 metric-ton state-of-the-art CPVC plant at Grasim’s … Read more
Tata Chemicals Ltd., India’s leading basic chemicals manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 78% to Rs 132.09 crores for the period ended September 30, 2020 as against net profit of Rs 74.15 crores for the previous quarter. Net sales increased 11% … Read more
PI Industries Ltd., one of the leading agrochemicals manufacturers in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 49.6% to Rs 217.6 crores for the period ended September 30, 2020 as against net profit of Rs 145.5 crores for the previous quarter. Net … Read more
Sudarshan Chemical Industries Ltd., India’s leading pigments manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 66.7% to Rs 30.33 crores for the period ended September 30, 2020 as against net profit of Rs 18.19 crores for the previous quarter. Net sales increased 22.2% … Read more
Atul Ltd., India’s leading integrated chemical manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 48% to Rs 174.35 crores for the period ended September 30, 2020 as against net profit of Rs 117.78 crores for the previous quarter. Net sales increased 43.8% to … Read more
Asian Paints Ltd., a leading paints and coatings manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 280.1% to Rs 830.37 crores for the period ended September 30, 2020 as against net profit of Rs 218.45 crores for the previous quarter. Net sales increased … Read more
Anaven, a 50-50 joint venture of Nouryon and Atul, has received the environmental clearance for its 32,000 metric tons monochloroacetic acid (MCA) plant in Gujarat, India. Construction is due to be completed this year to supply MCA to the Indian market by the end of the year. Rob Vancko, Nouryon’s Head of MCA and Chairman … Read more
Punjab Alkalies and Chemicals Ltd. (PACL), a chlor-alkali manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company reported a net profit of Rs 3.41 crores for the period ended September 30, 2020 as against net loss of Rs 3.32 crores for the previous quarter. … Read more