Page 2 - Chemicals Companies

Premium valuations for specialty chemicals to sustain on multiple tailwinds

Near-term upsides however are limited given the spurt in stock prices

Chemical firm Rossari Biotech to acquire Unitop Chemicals for Rs 421 crore

Speciality-Chemicals manufacturer Rossari Biotech on Wednesday announced the acquisition of Unitop Chemicals, a supplier of surfactants, emulsifiers, and specialty chemicals, for Rs 421 crore.

Fire breaks out at chemicals manufacturing unit in Karnataka; no casualties

A fire broke out at a speciality chemicals manufacturing unit within the Mangalore Special Economic Zone (MSEZ) at Bajpe on Saturday afternoon, but there were no casualties, police said

Modi Group's Indofil eyes higher share of global biz this financial year

Company claims to have export presence in more than 120 countries, expects further growth via brownfield and Greenfield expansions and acquisitions

Tatva Chintan Pharma Chem files Rs 450-cr initial public offering papers

Specialty chemical manufacturing company Tatva Chintan Pharma Chem has filed preliminary papers with capital markets watchdog Sebi to raise Rs 450 crore through an initial share sale. The initial public offer (IPO) comprises fresh issuance of equity shares worth Rs 225 crore and an offer of sale to the tune of Rs 225 crore by existing promoters and shareholders, according to draft red herring prospectus (DRHP). Proceeds from the fresh issue would be used towards fundingcapital expenditure requirements for expansion of the company's Dahej manufacturing facility; up-gradation of an R&D facility in Vadodara; and general corporate purposes. In addition, the company said it expects to receive the benefits of listing equity shares on the stock exchanges including enhancing visibility and brand image among existing and potential customers and creating a public market for equity shares in India. Vadodara-basedTatva Chintan is a speciality chemical manufacturing company. The companyexport .

Tamilnadu Petroproducts to execute projects worth over Rs 400 crore

Tamilnadu Petroproducts' projects include increasing Linear Alkyl Benzene (LAB) capacity from 120,000 TPA to 145,000 TPA at an estimated cost of about Rs 240 crore

Four IPOs get investors' backing; chemical firm and jeweler make their mark

Anupam Rasayan's Rs 760-crore offer was subscribed 45 times; Kalyan Jewellers' IPO was subscribed 60 per cent on the first day of the issue

Anupam Rasayan Rs 760-cr IPO to open on Mar 12; issue price at Rs 553-555

Specialty chemical company Anupam Rasayan on Monday fixed a price band of Rs 553-555 a share for its Rs 760-crore initial share-sale, which will open for public subscription on March 12

SC asks Centre to issue order on regulating use of disinfection tunnels

The Supreme Court Thursday asked the Centre to issue directions within a month on banning or regulating the use of disinfection tunnels spraying chemical or organic disinfectants on humans.

Chemcon IPO: How momentum in the pharma sector is positive for the company

Chemcon Speciality is the only manufacturer of HMDS in India & 3rd largest worldwide. Besides, it is the largest player of CMIC in India. Both these chemicals are predominantly used in pharma sector

Chemical shares in focus; Clariant Chemicals, Balaji Amines rally up to 18%

Navin Fluorine International, meanwhile, hit a fresh all-time high of Rs 1,723 today.

Specialty chemical companies line up highest ever capex in FY19

To capitalise on lower supply from China due to environmental concerns, plant closure