Company Dynamic

Manali Petrochemicals Ltd. (MOL) has reported a 29.81% rise in net profits to Rs. 54.87-crore in FY18, as against Rs. 42.27-crore during the previous year ended March 2017.

• MOL
• Net Profit

As per the new arrangement, KKR will hold 51% economic interest whereas JBF Industries Ltd. will have 49% economic interest, in the PTA business.

• KKR
• JBF

ews agency reports quoted Mr. Balram Singh Yadav, Managing Director, Godrej Agrovet Ltd., as saying that the company had made a bid through the National Company Law Tribunal.

• Godrej
• Palm Oil

In March 2015, OEC in association with TERI started an R&D project for the development of a microbial process for enhancement of gas production from coal bed methane (CBM) wells.

The company’s profit before tax stood at Rs. 33.4-crore for the 12 months ended March 31, 2018 as compared to Rs. 36.3-crore for the corresponding year-ago period.

• Clariant
• Sales

(BEPL) has reported successful completion of its ABS capacity expansion project that has taken its resin manufacturing capacity at its Abu Road Unit from 80-ktpa to 100-ktpa.

• BEPL
• Expansion

Kavita Gupta, Textile Commissioner, Ministry of Textiles, pointed out that government has already allowed 100% FDI in the sector and thi...

• India
• Textile
• FDI

With a view to make room for the winter crop, an estimated 35-mt of paddy is set afire in Punjab and Haryana alone, which contributes up to 60% of Delhi’s air pollution, thereby aggravating and triggering respiratory diseases.

• ASSOCHAM
• Air Pollution

Aarti Industries Ltd. has reported net sales of Rs. 3,813.83-crore during the 12-months period ended March 31, 2018 (Rs. 3,165.44-crore) and net profit of Rs. 346.13-crore (Rs. 327.54-crore).

• Aarti
• Sales

ICE cotton futures shivered in broad range.71cent/lb and contract of Dec closed at 90.70cent/lb.

• Prices
• Cotton

He will oversee the Business and Commercial; Manufacturing and Engineering; Integrated Supply Chain and Customer Service; and Environmental Health, Safety and Quality departments – with approximately 220 employees across five locations.

Cargill claims that 96% of its volume is already traceable to mills and 55% is traceable back to plantations, and the ingredient giant is aiming for a palm oil supply chain that is 100% traceable, transparent and sustainable by 2020.

Cargill claims that 96% of its volume is already traceable to mills and 55% is traceable back to plantations, and the ingredient giant is aiming for a palm oil supply chain that is 100% traceable, transparent and sustainable by 2020.

• Cargill
• Palm Oil

This new plant will help us develop Changzhou into a hub for the powder coatings industry in China and create more value for customers b...

• AkzoNobel
• Powder Coating

The gasifier uses HT-L Pulverized Coal Pressurized Gasification Technology provided by Changzheng Engineering Co.

• Coal
• Qianxi
• MEG

Benzene capacity is 450kt/year and MX capacity is 700kt/year.

• Taiyo Oil
• Japan
• Aromatic

Honeywell UOP is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell Proc...

• Shandong Tianhong
• Honeywell
• Propylene

China’s top-gear city gas corporate, Beijing Gas Group, recently signed an investment agreement with Tianjin Government to build LNG receiving terminal and emergency storage project at Nangang Port, Tianjin City.

On May 17, 2018, Eversun Holding Group and American Ethane Company signed a cooperation agreement about the 1,500kt/a ethane-to-ethylene project at Putian Shimen’ao Chemical Industrial Park.

A third of Italy’s chemical firms call the region home, directly employing 72,000 staff (4% of all chemical industry workers in Europe).