In a major move set to reshape India’s chemicals landscape, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has signed a Memorandum of Understanding (MoU) with UK-based INEOS Acetyls International Limited. The agreement, announced on November 20, 2024, paves the way for a joint venture to construct a world-scale acetic acid production plant in Bharuch, […]
Vishnu Chemicals Limited, a leading manufacturer of speciality chemicals, reported a consolidated revenue growth of 12.2% year-on-year (YoY) for the first half of the fiscal year 2025 (H1FY25). Despite global economic challenges, including inflation and geopolitical pressures, the company achieved ₹343.8 crore in revenue for the quarter ending September 30, 2024, an 11.6% increase compared […]
IOL Chemicals and Pharmaceuticals Limited (IOLCP), a leader in pharmaceutical active pharmaceutical ingredients (APIs) and specialty chemicals, recently reported its financial performance for Q2 FY25, revealing a revenue rise tempered by shrinking margins. In a disclosure to the National Stock Exchange of India and BSE Limited, the company shared key details about its recent earnings, […]
PI Industries Limited has reported stable performance for the quarter ending September 30, 2024, demonstrating growth despite weak global cues. The company’s revenue increased by 5% year-on-year, driven by healthy growth in exports and new product launches, despite a subdued domestic market. PI Industries reported a consolidated revenue of Rs. 22,210 million for the second […]
Lords Chloro Alkali Limited, a prominent name in the Indian chemical manufacturing industry, has revealed its unaudited financial results for Q2 and H1 FY25, showcasing a strong recovery and ambitious future plans. The company reported a 23% increase in revenue from operations for the half-year ended September 2024, fueled by increased volumes and strategic production […]
Neogen Chemicals Limited has reported a robust performance in Q2 FY25, showcasing a significant 20% year-over-year revenue growth, reaching ₹193 crore. Despite a tough pricing environment and softer demand in agrochemicals, Neogen has managed to navigate these challenges with increased volumes across its core segments and notable contributions from BuLi Chem, its recent acquisition. The […]
In a significant step towards market expansion, Sadhana Nitro Chem Ltd. (SNCL) has secured approval from the National Company Law Tribunal (NCLT) for its acquisition of Calchem Industries (India) Ltd., as confirmed on November 8, 2024. The acquisition, valued at INR 9.50 crore, is set for completion by January 27, 2025, marking a key strategic […]
The Abu Dhabi Chemicals Derivatives Company, TA’ZIZ, has awarded engineering, procurement, and construction (EPC) contracts worth more than $2 billion to establish a state-of-the-art chemicals infrastructure at the Al Ruwais Industrial City. The massive investment marks a significant step in transforming the region into a central hub for chemicals and low-carbon energy solutions, placing the […]
Chemplast Sanmar Limited, a major player in the Indian specialty chemicals sector, disclosed its Q2 FY25 earnings, indicating significant challenges due to intense market pressures on PVC prices. The company, known for its leadership in Speciality Paste PVC and its substantial role in Suspension PVC production, reported revenue of Rs. 993 crore for the quarter […]
Sudarshan Chemical Industries Limited, India’s leading pigment manufacturer, has announced an impressive performance for the second quarter of FY25, showcasing robust financial growth and international expansion ambitions. The company reported a significant 42% increase in consolidated EBITDA, reaching ₹94 crore, and an astounding 128% growth in consolidated Profit After Tax (PAT) at ₹41 crore compared […]