Gemspring Capital Management, LLC, a prominent private equity firm focused on middle-market investments, has announced the successful closing of a single-asset continuation vehicle designed to acquire interests in Shrieve Chemical Company. The transaction was spearheaded by StepStone Group, a global leader in private markets investment, with additional backing from a wide array of new and […]
Jasmino Corporation Pvt. Ltd., a powerhouse in India’s chemical process equipment engineering and corrosion protection sectors, has taken a monumental step in its international growth journey. The acquisition of two German leaders in corrosion protection, HAW Lining and GBT Buecolit, propels Jasmino to the position of third-largest global provider of industrial anti-corrosion solutions. This acquisition […]
Larsen & Toubro Limited (L&T) has announced a significant win for its hydrocarbon business, L&T Energy Hydrocarbon (LTEH), as it secured a prestigious order under its AdVENT business vertical from a Navratna government enterprise, Rashtriya Chemicals and Fertilizers Limited (RCF). The contract involves the license, engineering, procurement, and construction (L-EPC) of a 1,200 MTPD (DAP […]
Pondy Oxides and Chemicals Limited (POCL) has reported a 42% year-on-year increase in revenue to INR 1,024 crore for the half-year ended September 30, 2024. EBITDA rose by 75% to INR 53 crore, while Profit After Tax (PAT) surged 188% to INR 28 crore, highlighting the company’s robust financial performance. POCL, listed on the Bombay […]
Sudarshan Chemical Industries Limited (SCIL) has formally announced its definitive agreement to acquire the Heubach Group, a Germany-based pigment manufacturer. This acquisition represents a transformative step for Sudarshan Chemical as it seeks to significantly augment its global pigment portfolio and position itself at the forefront of the international pigments market. The amalgamation of Sudarshan’s and […]
Super Crop Safe Limited, a leading player in the agrochemical sector, has recently announced a major leap in its product portfolio. On October 4, 2024, the company revealed that it had secured 46 new molecule registrations from the Central Insecticide Board of India. This expansion in their portfolio includes a diverse range of pesticides, fungicides, […]
In a major step toward revolutionizing maize farming in India, Insecticides India Limited (IIL) has launched Torry Super, a post-emergence herbicide developed using the company’s proprietary SPF technology. Launched on October 5, 2024, this innovative herbicide promises faster, more effective weed control with visible results in just 3-5 days and lasting residual activity for up […]
PhosCo Limited has reached a major milestone as it secured key approval for its Sekarna phosphate project in Tunisia’s Northern Phosphate Basin, paving the way for what could become a globally significant source of phosphate. The Consultative Committee of Mines in Tunisia has given its official nod to the exploration permit, marking a critical step […]
In a significant move that could reshape Australia’s sulphate of potash industry, Reward Minerals Limited has announced its acquisition of the Beyondie Potash Plant for a remarkable A$2.13 million. The acquisition, which includes the plant’s administration and operational offices, is hailed as a transformative step for the company’s ongoing efforts to capitalize on the potash […]
The Mosaic Company has sent shockwaves through the market by slashing its third-quarter 2024 sales forecast for potash and phosphates. The company cited severe operational disruptions, including mechanical failures and significant weather-related issues, as the main causes behind its downward revision. For the July and August 2024 period, Mosaic’s potash sales volumes reached only 1.31 […]