KBR has been awarded a contract for its proprietary Plinke Adiabatic Nitrobenzene solutions by Kutch Specialities Pvt Ltd, India. Under the terms of the contract, KBR will provide basic and detailed engineering design, equipment, and related advisory services to Kutch Specialities Pvt Ltd for its grassroots nitrobenzene project in India. KBR’s proven process, patented equipment … Read more
Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Wednesday said the deal to sell 20% stake to Saudi Aramco has not progressed according to the scheduled time due to ongoing pandemic situation. “Due to unforeseen circumstances in the energy market and the Covid-19 situation, the deal has not progressed according to the original timeline,” RIL … Read more
Chembond Chemicals Ltd., a chemical manufacturer based in India announced its results for the first quarter ended June 30, 2020. The company’s net profit declined 2.2% to Rs 4.03 crores ($0.53 million) for the period ended June 30, 2020 as against net profit of Rs 4.12 crores ($0.55 million) during the prior-year quarter. Net sales … Read more
Indian Toners & Developers Ltd., a toner manufacturer based in India announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit decreased 37% to Rs 2.82 crores ($ million) for the period ended March 31, 2020 as against net profit of Rs 4.47 crores ($ million) … Read more
BASF India Limited’s Board of Directors have approved the acquisition of 100% stake by the Company in BASF Performance Polyamides from BASF Nederland B.V. and BASF SE. The deal consideration amount is not exceeding Rs 305 crores ($40.6 million), including adjustments, if any, at arm’s length basis, subject to the approval of the shareholders of … Read more
Polychem Ltd., a vinyl polymers manufacturer based in India announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit decreased 28.4% to Rs 0.58 crores ($0.08 million) for the period ended March 31, 2020 as against net profit of Rs 0.81 crores ($0.1 million) during the … Read more
Bodal Chemicals Ltd., a chemical manufacturer based in India announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit decreased 7.8% to Rs 27.22 crores ($3.6 million) for the period ended March 31, 2020 as against net profit of Rs 29.52 crores ($3.9 million) during the … Read more
Bharat Petroleum Corp. Ltd. (BPCL) has let a contract to Dastur International Inc. and Lummus Technology LLC to jointly execute a feasibility study for a petcoke gasification project at Kochi Refinery, in the Indian state of Kerala. The study will evaluate the feasibility of the proposed petcoke gasification project and production of value-added petrochemicals and … Read more
S H Kelkar and Company Ltd., a Fragrance and Flavours maker, shared the business update for Q1 FY21 with the exchanges on Monday. As per the directives of the Central Government in response to the outbreak of the Covid-19 pandemic, SHK’s manufacturing units were temporarily shut in the month of April 2020. Operations at all … Read more
Kiri Industries Ltd., a dye & dyestuff manufacturer based in India announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit increased 532% to Rs 111.91 crores ($14.9 million) for the period ended March 31, 2020 as against net loss of Rs 25.90 crores ($3.5 million) … Read more
National Fertilizers has achieved highest-ever fertilizer sale of 1,285,000 MT in first quarter (April-June) of this financial year. This is about 21.5% higher than the sales of 1,057,000 MT made by company in the first quarter of 2019-20. Other than significant growth in Urea sale, P&K fertilizers also recorded a growth of 13% during the … Read more
India Gelatine & Chemicals Ltd., a gelatin manufacturer based in India, announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company has posted a net loss of Rs 1.45 crores (-$0.19 million) for the period ended March 31, 2020 as against net profit of Rs 1.75 crores ($0.23 … 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
Punjab Alkalies & Chemicals Ltd., a chlor-alkali manufacturer based in India, announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company has posted net loss of Rs (1.74) crores (-$0.23 million) for the period ended March 31, 2020 as against net profit of Rs 19.83 crores ($2.7 million) … Read more
GAIL (India) Ltd., one of India’s state-owned natural gas and petrochemicals manufacturer, announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit rose 171% to Rs 3,018 crores ($400 million) for the period ended March 31, 2020 as against Rs 1,112 crores ($147 million) for the … Read more
Indo Rama Synthetics (India) Limited, one of India’s major polyester manufacturer, announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company reported a net loss of Rs 49.84 crores (-$6.6 million) for the quarter ended March 31, 2020 as compared to a net loss of Rs 169.33 crores … Read more
Reliance Industries Ltd said it is working to complete contours of a $15 billion deal with Saudi Aramco but did not give a timeline for its completion. In August last year, RIL ‘s Chairman & Managing Director, Mukesh Ambani, announced talks to sell 20% of the oil-to-chemical (O2C) business, which includes its twin oil refineries … Read more
Transpek Industry Ltd., a chemical 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 19.6% to Rs 24.21 crores ($3.2 million) for the quarter ended March 31, 2020 as against Rs 30.12 crores ($4 million) during the prior-year quarter. Net … Read more
Alufluoride Ltd., a aluminum fluoride manufacturer based in India has reported its financial results for the period ended March 31, 2020. Q4 Results The company’s net profit rose 55.8% to Rs 2.29 crores ($0.3 million) for the period ended March 31, 2020 as against Rs 1.47 crores ($0.2 million) for the period ended March 31, … Read more
Khaitan Chemicals & Fertilizers Ltd., a chemicals and fertilizers manufacturer based in India has reported its financial results for the period ended March 31, 2020. Q4 Results The company’s net profit rose 1356.1% to Rs 5.97 crores ($0.79 million) for the period ended March 31, 2020 as against Rs 0.41 crores ($0.054 million) for the … Read more