Platinum Equity signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (CD&R) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. As part of the transaction, Solenis is expected to merge with Sigura Water, an … Read more
Himadri Speciality Chemical Limited, a specialty chemicals manufacturer based in India announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit declined 68% to Rs 22.84 ($3.1 million) for the period ended March 31, 2021 as against a net loss of Rs 70.81 crores ($9.5 million) … Read more
Bodal Chemicals Ltd, a specialty chemicals manufacturer based in India announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit grew 3% to Rs 23.57 ($3.2 million) for the period ended March 31, 2021 as against a net loss of Rs 22.91 crores ($3.1 million) for … Read more
Kerry Group plc, a global food ingredients company, has agreed to purchase Niacet Corp. from An affiliate of funds advised by SK Capital Partners LP for $1.02 billion (€853 million) on a cash-free, debt-free basis, subject to customary closing adjustments. Niacet is a global market provider in technologies for preservation of bakery and pharma products, … Read more
Yasho Industries Ltd, a leading Indian global manufacturer & supplier of specialty and fine chemicals, announced that the Board of Directors of the company has approved the capex upto Rs. 10 crores ($1.3 million) for enhancement of capacity from 9,200 MTPA to 11,000 MTPA through de-bottlenecking and additional ancillary equipments. The said expansion is expected … Read more
Specialty chemicals major, Clariant is selling its pigments business to a consortium consisting of pigment maker Heubach Group and private investment firm SK Capital. The combined business will operate under the Heubach name and create a leading global pigments business with annual sales of more than EUR 900 million ($1.09 billion). The transaction values Clariant … Read more
Anupam Rasayan India Ltd, a specialty chemicals manufacturer based in India announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit grew 113.3% to Rs 22.14 ($3 million) for the period ended March 31, 2021 as against a net loss of Rs 10.38 crores ($1.4 million) … Read more
Vidhi Specialty Food Ingredients Ltd, a food colorants manufacturer based in India announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit grew 18% to Rs 11.85 ($1.6 million) for the period ended March 31, 2021 as against a net loss of Rs 10.05 crores ($1.4 … Read more
Sadhana Nitrochem Ltd, a specialty chemicals manufacturer based in India announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit grew 222% to Rs 11.44 crores ($1.6 million) for the period ended March 31, 2021 as against a net loss of Rs 9.39 crores ($1.3 million) … Read more
Galaxy Surfactants Ltd, a surfactants manufacturer based in India announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit grew 25.3% to Rs 78.68 crores ($10.8 million) for the period ended March 31, 2021 as against Rs 62.8 crores ($8.6 million) for the period ended March … Read more
Rossari Biotech Limited, a Speciality Chemicals manufacturer providing intelligent and sustainable solutions for customers across industries, announced that its Board has approved 100% acquisition of Unitop Chemicals Private Limited for Rs. 421 crore ($57.7 million). As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity capital of … Read more
Ishan Dyes & Chemicals Ltd, an Indian dye & dyestuff manufacturer has reported financial results for the period ended March 31, 2021. Q4 Results The company’s net profit increased 27% to Rs 3.48 crores ($0.48 million) for the period ended March 31, 2021 as against Rs 2.75 crores ($0.38 million) for the period ended March … Read more
Chemcon Speciality Chemicals Limited, an Indian specialty chemicals manufacturer announced its results for the last quarter & period ended March 31, 2021. Q4 Results- YoY The company’s net profit grew 58.3% to Rs 15.5 crores ($2.1 million) for the period ended March 31, 2021 as against net profit of Rs 9.79 crores ($1.3 million) for … Read more
Sudarshan Chemical Industries Ltd., a pigments manufacturer based in India has reported its financial results for the period ended March 31, 2021. Q4 Results For the quarter, the company has posted a net profit of Rs 53.42 crores ($7.4 million), a 96% increase as against Rs 27.3 crores ($3.8 million) during the prior-year quarter. Net … Read more
Thirumalai Chemicals Limited has announced its plan to execute a project to manufacture 180,000 tons per year of Phthalic Anhydride (PA) and 30,000 tons per year of Fine & Specialty Chemicals, at its existing site at Dahej, Gujarat, and Western India. The project is expected to be executed in two successive phases. Thirumalai expects to … Read more
Thirumalai Chemicals Ltd., an Indian fine chemicals manufacturer has reported financial results for the period ended March 31, 2021. Q4 Results The company’s net profit grew by 3384.4% to Rs 84.67 crores ($11.7 million) for the period ended March 31, 2021 as against Rs 2.43 crores ($0.33 million) for the period ended March 31, 2020. … Read more
Laxmi Organic Industries Ltd., a specialty ingredients and solvents 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 262% to Rs 36.34 crores ($5 million) for the period ended March 31, 2021 as against Rs 10.04 crores ($1.4 million) for … Read more
Balaji Amines Ltd., a leading manufacturer of Aliphatic Amines in India has reported its financial results for the period ended March 31, 2021. Q4 Results The company’s net profit rose 174.2% to Rs 84.49 crores ($11.6 million) for the period ended March 31, 2021 as against Rs 30.81 crores ($4.2 million) for the period ended … Read more
Aarti Surfactants Ltd., an Indian surfactants manufacturer has reported financial results for the period ended March 31, 2021. Q4 Results The company’s net profit grew 71% to Rs 5.69 crores ($0.78 million) for the period ended March 31, 2021 as against Rs 3.33 crores ($0.46 million) for the period ended March 31, 2020. Net sales … Read more
Pidilite Industries Ltd., an Indian adhesives and other specialty chemicals manufacturer has reported its financial results for the period ended March 31, 2021. Q4 Results For the quarter, the company has posted a net profit of Rs 306.19 crores ($41.8 million), a 94.4% increase as against Rs 157.53 crores ($21.5 million) during the prior-year quarter. … Read more