Insecticides India Ltd Reports 7% Net Profit Growth YoY for Q2 FY23

Insecticides (India) Limited., a Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 17% to Rs 440.83 million for the period ended Sept 30, 2022 as against net profit of Rs 383.09 million for the previous quarter. Net sales increased 3.9% to … Read more

PI Industries Ltd Reports 46% Net Profit Growth YoY for Q2 FY23

PI Industries Limited., a Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 27.6% to Rs 3.34 billion for the period ended Sept 30, 2022 as against net profit of Rs 2.62 billion for the previous quarter. Net sales decreased 14.7% to … Read more

Chemplast Sanmar Ltd Reports 74.5% Decline in YoY Net Profit for Q2 FY23

Chemplast Sanmar Limited., an Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit dropped 5.1% to Rs 385.4 million for the period ended Sept 30, 2022 as against net profit of Rs 405.9 million for the previous quarter. Net sales decreased 15.1% to … Read more

UPL Ltd Reports 28.4% Net Profit Growth YoY for Q2 FY23

UPL Limited., an Indian multinational agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 7.2% to Rs 8.14 billion for the period ended Sept 30, 2022 as against net profit of Rs 8.77 billion for the previous quarter. Net sales increased 15.5% to … Read more

SRF Ltd Reports 25.8% Growth in YoY Net Profit for Q2 FY23

SRF Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 20.9% to Rs 4.81 billion for the period ended Sept 30, 2022 as against net profit of Rs 6.08 billion for the previous quarter. Net sales dropped 3.7% to Rs … Read more

Anupam Rasayan India Ltd Reports 15.3% Growth in YoY Net Profit for Q2 FY23

Anupam Rasayan India Limited., a Indian specialty chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 4.7% to Rs 415.69 million for the period ended Sept 30, 2022 as against net profit of Rs 396.87 million for the previous quarter. Net sales increased … Read more

Rallis India Ltd Reports 25.9% Net Profit Growth YoY in Q2 FY23

Rallis India Limited., an Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 5.3% to Rs 710.5 million for the period ended Sept 30, 2022 as against net profit of Rs 674.7 million for the previous quarter. Net sales increased 9.9% to … Read more

Sumitomo Chemical India Ltd Reports 30.06% Net Profit Growth YoY in Q2 FY23

Sumitomo Chemical India Limited., an Indian subsidiary of agrochemicals manufacturer Sumitomo Chemical announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 45.8% to Rs 2.01 billion for the period ended Sept 30, 2022 as against net profit of Rs 1.38 billion for the previous quarter. … Read more

India’s Dorf Ketal to Acquire Clariant’s North American Land Oil Business

Clariant and Dorf Ketal announced a definitive agreement for Dorf Ketal to acquire Clariant’s North American (NORAM) Land Oil business, a provider of chemical technologies and services to the North American oil and gas industry. The transaction announced today is subject to regulatory and other customary closing conditions and is expected to be finalized during … Read more

Navin Fluorine International Ltd Reports 8.6% Drop in YoY Net Profit for Q2 FY23

Navin Fluorine International Limited., a Indian specialty chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 22.3% to Rs 578.1 million for the period ended Sept 30, 2022 as against net profit of Rs 744.5 million for the previous quarter. Net sales grew … Read more

India’s Anupam Rasayan gets Supply Contracts from European Agrochemicals firm

Anupam Rasayan India announced the signing of two contracts with one of the leading European agrochemicals companies for supplying two new life science related specialty chemicals. According to the contract, the company will provide these products for the next three years. These specialty chemicals will be produced at its current production facilities. “We are pleased … Read more

India’s Calibre Chemicals to Acquire RheinPerChemie from Evonik

Calibre Chemicals (Calibre), a specialty chemicals company, has entered into a definitive agreement to acquire 100% shareholding of RheinPerChemie GmbH (RPC), from Evonik, a globally leading specialty chemical company. RPC, located in Rheinfelden Germany, is a prominent manufacturer of ammonium and sodium persulphates in Europe. Calibre is one of the largest manufacturer of potassium persulphate, … Read more

India’s Poddar Pigments Ltd Reports 15.3% Net Profit Growth YoY in Q1 FY23

Poddar Pigments Limited., a specialty chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company’s net profit marginally grew 0.9% to Rs 54.4 million for the period ended June 30, 2022 as against net profit of Rs 53.9 million for the previous quarter. Net … Read more

India’s NOCIL Ltd Reports 40.2% Net Profit Growth YoY in Q1 FY23

NOCIL Limited., a chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company’s net profit declined 3.5% to Rs 664.8 million for the period ended June 30, 2022 as against net profit of Rs 689.2 million for the previous quarter. Net sales grew 9.9% … Read more

India’s SRF to Build Intermediates Plant at Dahej

SRF Limited has revealed plans to establish a new and dedicated INR 2.5 billion facility for producing advanced intermediates for agrochemicals at Dahej in Gujarat to meet the demand. The Indian industrial and specialty intermediates manufacturer said that its board of directors has approved the investment. According to SRF Limited, the advanced intermediates plant will … Read more

Navin Fluorine International Ltd Reports 33.2% Net Profit Growth YoY in Q1 FY23

Navin Fluorine International Limited., a chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company’s net profit declined 0.9% to Rs 744.5 million for the period ended June 30, 2022 as against net profit of Rs 751.5 million for the previous quarter. Net sales … Read more

3M reaches $580 million agreement with Belgian Government on PFAS-related actions

3M said on Wednesday it reached an agreement with the Belgian government to spend more than €571 million ($582 million) to carry out previously agreed PFAS-related remedial actions to address legacy manufacturing and disposal of the so-called “forever chemicals.” The agreement contains certain provisions ending current litigation and provides certain releases of liability for 3M … Read more

BASF to Collaborate with UK-based Firm on Nonhalogenated Flame Retardant Additives

BASF and THOR GmbH are combining their expertise in non-halogenated flame retardant additives to provide customers with a comprehensive solution that will enhance the sustainability and performance for specific plastic compounds, as well as meet stringent fire safety requirements. Flame retardancy is an essential element for plastic components or composites which are commonly used in … Read more

Azelis to Acquire Majority Shares of Flavor, Fragrance Distributor in India

Azelis announces that it has reached an agreement to acquire a majority stake in Ashapura Aromas Private Limited (Ashapura), a leading distributor of ingredients in the flavors & fragrances (F&F) market in India. This acquisition provides Azelis with a strong F&F platform in Asia Pacific, creating a global F&F network, following its 2021 acquisitions of … Read more