Page 2 - Chemicals Companies

Will 'one nation one fertiliser' lead to uniformity or anonymity?

Under 'One Nation One Fertiliser' all fertiliser bags, irrespective of their contents or the company that manufactures them, will carry a uniform brand name called "Bharat"

Robust demand trends in chemicals biz, expansions positive for SRF stock

Company has increased capex for the business to tap into new opportunities

Input cost hike, freight rates drag chemical MSMEs in Gujarat to 50% output

Of the 11,000-odd units in the state, which account for nearly 40 per cent of India's chemical output, almost a third have turned sick

Coromandel Intl falls 10% on profit-taking post gaining 17% in 1 month

Analyst believe the company should benefit from debottlenecking of the phosphoric acid plant as well as from an increased share of newly-launched, high margin, crop-protection products in FY23.

Aether Industries' Rs 800 crore IPO opens today. Should you subscribe?

Analysts believe that Aether's multiple chemistry competencies to use for a wide array of products makes it a distinguished market player compared to other chemical companies

Strong chemicals business outlook likely to support the SRF stock

This could aid overall profitability, even though other segments may see margin moderation

Six people killed in fire at Andhra chemical plant, dozen injured

Six persons died in a fire accident in a chemical factory located in Akkireddygudem in the district and 12 others sustained burns, police said on Thursday.

India Glycols surges 16% in 3 days; to commission new unit by May 15

India Glycols informed that post successful installation of grain based distillery unit at Gorakhpur, trial runs are in progress and the same would be commissioned by May 15, 2022.

Indian, Israeli companies sign MoU for fertiliser supply for five years

The MoU would prove beneficial in view of the affected supply chain of potash due to the Ukraine-Russia war and escalating cost of potash and other fertilisers supplied from that region

Prospects may be turning around for India specialty chemicals companies

Q2 of 2021-22 saw lower margins due to cost pressures

Mangalore Chemicals and Fertilizer Q2 net profit falls 28% to Rs 29 crore

The company on Tuesday reported a 28.57 per cent decline in its net profit

Indian chemicals firm UPL asked to pay for forum on South Africa pollution

UPL has been accused by the country's environment department of illegally storing hazardous chemicals.

This recently listed specialty chemicals has zoomed 144% in 28 trading days

Meghmani Finechem was demerged from Meghmani Organics during FY21 to empower the company grow its Chlor-Alkali business

Premium valuations for specialty chemicals to sustain on multiple tailwinds

Near-term upsides however are limited given the spurt in stock prices

Chemical firm Rossari Biotech to acquire Unitop Chemicals for Rs 421 crore

Speciality-Chemicals manufacturer Rossari Biotech on Wednesday announced the acquisition of Unitop Chemicals, a supplier of surfactants, emulsifiers, and specialty chemicals, for Rs 421 crore.

Fire breaks out at chemicals manufacturing unit in Karnataka; no casualties

A fire broke out at a speciality chemicals manufacturing unit within the Mangalore Special Economic Zone (MSEZ) at Bajpe on Saturday afternoon, but there were no casualties, police said

Modi Group's Indofil eyes higher share of global biz this financial year

Company claims to have export presence in more than 120 countries, expects further growth via brownfield and Greenfield expansions and acquisitions

Tatva Chintan Pharma Chem files Rs 450-cr initial public offering papers

Specialty chemical manufacturing company Tatva Chintan Pharma Chem has filed preliminary papers with capital markets watchdog Sebi to raise Rs 450 crore through an initial share sale. The initial public offer (IPO) comprises fresh issuance of equity shares worth Rs 225 crore and an offer of sale to the tune of Rs 225 crore by existing promoters and shareholders, according to draft red herring prospectus (DRHP). Proceeds from the fresh issue would be used towards fundingcapital expenditure requirements for expansion of the company's Dahej manufacturing facility; up-gradation of an R&D facility in Vadodara; and general corporate purposes. In addition, the company said it expects to receive the benefits of listing equity shares on the stock exchanges including enhancing visibility and brand image among existing and potential customers and creating a public market for equity shares in India. Vadodara-basedTatva Chintan is a speciality chemical manufacturing company. The companyexport .

Tamilnadu Petroproducts to execute projects worth over Rs 400 crore

Tamilnadu Petroproducts' projects include increasing Linear Alkyl Benzene (LAB) capacity from 120,000 TPA to 145,000 TPA at an estimated cost of about Rs 240 crore

Four IPOs get investors' backing; chemical firm and jeweler make their mark

Anupam Rasayan's Rs 760-crore offer was subscribed 45 times; Kalyan Jewellers' IPO was subscribed 60 per cent on the first day of the issue