Dow Inc. has stunned investors by slashing its third-quarter 2024 revenue forecast by a staggering $500 million due to an unplanned incident at its Texas ethylene plant. The chemicals giant now expects to pull in $10.6 billion, down from an earlier estimate of $11.1 billion. This drastic revision comes amid a confluence of woes, including […]
Bio-Gene Technology Limited (ASX: BGT), an Australian innovator in next-generation insecticides, and Rallis India Limited, a leading agrochemical firm and subsidiary of Tata Chemicals Limited, have announced a pivotal achievement in the production of Flavocide. This success underscores a significant advancement in the development and commercialization of this novel insecticide. The successful pilot-scale production of […]
Vishnu Chemicals Limited (BSE: 516072, NSE: VISHNU), a leading manufacturer of high-performance specialty chemicals, has announced its acquisition of Jayansree Pharma Private Limited (JPPL) for an enterprise value of INR 51.99 crore. This acquisition, finalized through a Share Purchase Agreement on August 19, 2024, represents a significant strategic expansion for Vishnu Chemicals, reinforcing its market […]
Vishnu Chemicals Limited (BSE: 516072, NSE: VISHNU) has announced unprecedented achievements for the quarter ending June 30, 2024, marking an all-time high in production volumes and impressive financial growth. In its latest unaudited financial results, Vishnu Chemicals Limited, a prominent player in the specialty chemicals sector, demonstrated substantial growth across key financial metrics. The company’s […]
Fineotex Chemical Limited, a leading name in India’s specialty chemicals sector, has announced robust financial results for the first quarter of fiscal year 2025. The company’s consolidated revenue for Q1 FY2025 reached Rs. 1,419 million, marking a 7.3% year-on-year increase. This growth is attributed to a higher share of business from core clients across key […]
Paradeep Phosphates Ltd (PPL) has announced a rise in quarterly profitability for Q1 FY 25, even as production faced setbacks due to a plant shutdown. The company has released its financial results for the quarter ending June 30, 2024, showcasing a notable increase in profitability despite facing production challenges. The company reported income from operations […]
GHCL Limited, one of India’s prominent chemical manufacturers, has announced its financial results for the first quarter of FY25, revealing a modest revenue increase and a notable rise in profit after tax (PAT). The company’s standalone revenue reached ₹849 crores, marking a 1% increase from the previous quarter but an 18% decline compared to the […]
Azelis, a global leader in the distribution of specialty chemicals and food ingredients, has announced the acquisition of 100% of the shares of CPS Chemicals (Coatings) Pty Ltd, a South African distributor specializing in products for the paint, ink, resins, paper, plastics, and rubber industries. This strategic move enhances Azelis’ footprint in South Africa and […]
Anupam Rasayan India Ltd. (BSE: 543275, NSE: ANURAS), a key player in India’s custom synthesis and specialty chemicals market, announced subdued financial results for the fourth quarter and the full fiscal year ending March 31, 2024. The company faced significant challenges throughout the year, leading to a noticeable decline in revenue and profits despite maintaining […]
Hindcon Chemicals Ltd., a prominent player in the construction chemicals sector, disclosed its financial results for the quarter ending March 2024, witnessing a sharp decrease in sales but a notable improvement in profitability. The company’s sales dropped to Rs. 143.42 million, down 25.50% from Rs. 192.52 million in the same quarter the previous year. Despite […]