Page 2 - Chemical Industry

Heranba Industries IPO subscribed 83 times on strong HNI support

Price band was set at Rs 626-627 per share; issue comprises Rs 60 cr of fresh fundraise, Rs 565 cr offer for sale

Street bullish on specialty chemicals industry amid robust domestic demand

Robust domestic demand, reducing dependence of global peers on China drive earnings outlook

Balaji Amnies, Alkyl Amines: Specialty chemical stocks have more steam left

Major specialty chemical stocks exhibit strong strength on good volumes. Here are the key levels for frontline stocks from this sector.

Govt tightens import norms of 18 chemicals which can affect environment

The Directorate added that importers of the certain chemicals have to submit a copy of the bill of entry within 30 days to the ozone cell in the Ministry of Environment, Forest and Climate Change

Rossari Biotech IPO subscribed 79.4 times, generates bids worth Rs 27K cr

Rossari is the first IPO to hit the domestic markets since a national lockdown was declared in early-March.

Rossari Biotech receives three times the demand of shares on offer in IPO

On Tuesday, the IPO garnered bids for 24.3 million shares as against 8.17 million available

Vizag gas tragedy: LG Chem dispatches technical team for investigation

Visakhapatnam gas tragedy killed at least 11 people and forced the evacuation of thousands from the area around the accident site.

Survivors of Vizag gas disaster more vulnerable to Covid-19, say experts

As the lockdown ends and the industries resume operations, experts say that the closed units were dangerous

Vizag tragedy: Gas leak at LG Polymers plant leaves at least 11 people dead

3,000 people evacuated after styrene leak at LG Polymers plant in Visakhapatnam; 7 fall ill after gas leak in Chhattisgarh; 8 suffer burns in TN furnace fire

Vizag gas leak: LG Polymers' India journey is riddled with controversy

Set up in December 1996, weeks before Korean major LG Electronics entered India, the plant has been at the centre of legal battles since its association with the $23 billion LG Chem.

Vizag gas leak: All you need to know

LG Chem, the owner of LG Polymers, said in a statement that the gas emitted in the leak can cause nausea and dizziness when inhaled

LG Polymer: What India should know about the company behind Vizag gas leak

The Korean company took over erstwhile Hindustan Polymers in 1997 from its then owner United Breweries Group

Three dead after gas leak at LG Polymers chemical plant in Vizag: Report

People were taken to hospital after they complained of burning sensation in eyes and breathing difficulties

Govt working to identify key sectors for making India a manufacturing hub

The manufacturing sector contributes about 15 per cent in the country's economy and the government is aiming to increase it significantly

Order inflow to improve for manufacturers of specialty chemicals

Galaxy Surfactants, SRF, Aarti Industries among companies to benefit given supply of essential ingredients, alternative supply chain to China and weak crude oil prices

UP allows 9 industries to operate at 50% capacity amid Covid-19 lockdown

These industries include cement, steel, chemical, textile barring garments, foundries and a few others

Covid-19 lockdown: 12-hr workday in Rajasthan factories, Punjab may follow

State invokes powers under Factories Act to extend maximum hours to 12 from eight earlier; Other states may follow as move is aimed to ensure production isn't impacted due to reduced workforce

Chemical prices decline by 25% in 2 months on weak oil, US-China trade war

Raw materials, including crude oil and palm kernels, used to produce chemicals have reported a steep decline in their prices over the past two months

Chemical industry likely to grow at 9%, hit $304 billion by FY25: Report

The report said the per capita consumption of chemicals in the country is 1/10th of world average

Chemical industry to more than double to $300 bn by 2025, says Chemexcil

The domestic chemical industry is the third largest in Asia and seventh in the world