India’s NOCIL Reports 297% YoY Net Profit Growth in Q1FY21-22

NOCIL Ltd., a leading rubber 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 27% to Rs 47.41 crores ($6.4 million) for the period ended June 30, 2021 as against net profit of Rs 37.33 crores ($5 million) for the … Read more

India’s Alkyl Amines Reports 49% YoY Net Profit Growth in Q1FY21-22

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

India’s Paushak Reports 66.1% Decline in YoY Net Profit for Q1FY21-22

Paushak Ltd., a phosgene-based speciality chemicals and intermediates manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit dropped 73.4% to Rs 2.93 crores ($0.4 million) for the period ended June 30, 2021 as against net profit of Rs 11.01 crores ($1.5 million) … Read more

India’s Balaji Amines Reports 174.2% YoY Net Profit Growth in Q1FY21-22

Balaji Amines 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 grew 7% to Rs 90.38 crores ($12.2 million) for the period ended June 30, 2021 as against net profit of Rs 84.49 crores ($11.4 million) for the … Read more

India’s Vinati Organics Reports 14.2% YoY Net Profit Growth in Q1FY21-22

Vinati Organics Ltd., a specialty 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 12% to Rs 80.92 crores ($10.9 million) for the period ended June 30, 2021 as against net profit of Rs 72.29 crores ($9.7 million) for the … Read more

India’s Indo Amines Reports 150% YoY Net Profit Growth in Q1FY21-22

Indo Amines 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 55.6% to Rs 7.12 crores ($0.96 million) for the period ended June 30, 2021 as against net profit of Rs 16.03 crores ($2.2 million) for the previous … Read more

India’s Privi Speciality Chemicals Reports 38% YoY Net Profit Growth in Q1FY21-22

Privi Speciality Chemicals Ltd., a specialty 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 51.1% to Rs 29.25 crores ($3.9 million) for the period ended June 30, 2021 as against net profit of Rs 59.86 crores ($8 million) for … Read more

India’s SRF Reports 123.2% YoY Net Profit Growth in Q1FY21-22

SRF 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 4% to Rs 395.28 crores ($53.2 million) for the period ended June 30, 2021 as against net profit of Rs 380.92 crores ($51.3 million) for the previous quarter. … Read more

Chemours to Sell Mining Solutions Business to Draslovka for $520 million

The Chemours Company has entered into a definitive agreement to sell its Mining Solutions business for $520 million in cash to Draslovka Holding a.s., a Czech-based private company specializing in cyanide production. The transaction is expected to close in the fourth quarter of 2021 subject to regulatory approvals and other customary closing conditions. Draslovka also … Read more

India’s Phillips Carbon Black Reports Rs 104.4 Cr Net Profit in Q1FY21-22

Phillips Carbon Black Ltd., a carbon black manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 18.3% to Rs 104.39 crores ($14 million) for the period ended June 30, 2021 as against net profit of Rs 127.73 crores ($17.1 million) for … Read more

India’s Navin Fluorine Reports 5.6% YoY Net Profit Growth in Q1FY21-22

Navin Fluorine International Ltd., a specialty fluorine-based chemicals manufacturer in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 24% to Rs 55.91 crores ($7.5 million) for the period ended June 30, 2021 as against net profit of Rs 73.22 crores ($9.8 million) for … Read more

India’s Fineotex Chemical Ltd Reports 21.6% YoY Net Profit Growth in Q1FY21-22

Fineotex Chemical Ltd., a specialty 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 16% to Rs 9.47 crores ($1.3 million) for the period ended June 30, 2021 as against net profit of Rs 11.22 crores ($1.5 million) for the … Read more

India’s ATUL Ltd Reports 41% YoY Net Profit Growth in Q1FY21-22

ATUL Ltd., a specialty 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 5.2% to Rs 165.94 crores ($22.3 million) for the period ended June 30, 2021 as against net profit of Rs 175.05 crores ($23.5 million) for the previous … Read more

India’s Gulshan Polyols Reports 406% YoY Net Profit Growth in Q1FY21-22

Gulshan Polyols Ltd., a sugars and other 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 21.6% to Rs 26.19 crores ($3.5 million) for the period ended June 30, 2021 as against net profit of Rs 21.54 crores ($2.9 million) … Read more

India’s Oriental Aromatics Reports 129% YoY Net Profit Growth in Q1FY21-22

Oriental Aromatics Ltd., a specialty 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 1.34% to Rs 22.7 crores ($3.1 million) for the period ended June 30, 2021 as against net profit of Rs 22.4 crores ($3 million) for the … Read more

Rallis India Reports 10.4% Decline in YoY Net Profit for Q1FY21-22

Rallis India Ltd., a crop protection 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 914% to Rs 82.34 crores ($11.1 million) for the period ended June 30, 2021 as against net profit of Rs 8.12 crores ($1.1 million) for … Read more

India’s Asian Paints Reports 160.2% YoY Net Profit Growth in Q1FY21-22

Asian Paints Ltd., a paints and coatings manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 33.3% to Rs 568.5 crores ($76.5 million) for the period ended June 30, 2021 as against net profit of Rs 852.13 crores ($114.6 million) for … Read more

Rossari Biotech to Acquire Tristar Intermediates for Rs 120 Cr

Rossari Biotech Limited, a Indian speciality chemicals manufacturer, announced that its Board of Directors has approved the acquisition of Tristar Intermediates Pvt. Ltd. As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity share capital of Tristar Intermediates. 76% of the equity share capital will be acquired … Read more

PTTGC Buys Coating Resins Maker Allnex for $4.75 Billion

Thailand’s PTT Global Chemical (PTTGC) has agreed to buy German coating resins maker Allnex from buyout group Advent in a 4 billion-euro ($4.75 billion) deal. PTTGC said it agreed a loan agreement with its parent, PTT, an energy major, for up to 73.9 billion baht ($2.27 billion) to fund its investment. The deal values Allnex … Read more

Axalta to Buy U-POL Holdings for $590 Million

Axalta Coating Systems announced that it has entered into definitive agreements to acquire U-POL Holdings Limited (U-POL) from Graphite Capital Management LLP and other holders for £428 million (approx. $590 million). Founded in 1948 and based in the United Kingdom, U-POL is a leading manufacturer of repair and refinish products used primarily for automotive refinish … Read more