Page 2 - Chemicals

Investors push world's top chemicals companies over hazardous substances

Investors managing $4.1 trillion in assets are urging the world's biggest chemicals companies to phase out production of hazardous substances

Abu Dhabi chemical company, Reliance Industries form $2-bn production JV

The new joint venture will construct and operate a chlor-alkali, ethylene dichloride and polyvinyl chloride production facility

Nations vote 85-10 for ban on developing Aerosol nerve agents: US

A global prohibition on chemical weapons to tools for law enforcement won the approval of the Organization for the Prohibition of Chemical Weapons on an 85-10 vote, the US State Department said

Exports increase 40.5% to $15.13 billion during October 1-14

Imports during the period grew by 60.72 per cent to USD 14.82 billion, the data showed.

China power woes structurally positive for India chemical players: Analysts

China's power crisis: Analysts say the development could impact chemical output by as much as 25 per cent in the country, which in turn could benefit Indian speciality chemical makers

Scientists develop sensor to detect chemicals used in high-energy explosive

Indian scientists have for the first time developed a thermally stable and cost-effective electronic polymer-based sensor for rapidly detecting nitro-aromatic chemicals used in high-energy explosives

Chemplast Sanmar IPO: Should you bet on a company with negative net worth?

Chemplast Sanmar IPO: Sustainability of financial performance and strong cash flow would be the key catalyst for valuation re-rating, say analysts

Massive fire breaks out at a chemical factory in Udhampur; IAF called in

It took the Indian Air Force more than two hours to help douse the fire

Additional 45,000 vials of tocilizumab allocated to states: Gowda

Union Minister Sadananda Gowda on Tuesday said additional 45,000 vials of tocilizumab, used for treatment of Covid-19, have been allocated to states and union territories to meet the increased demand.

Units in chemicals sector set for rebound in revenue: CRISIL SME Tracker

Growth mainly on account of recovery in domestic demand and higher realisation due to a rise in the prices of chemicals

Capacity expansion, new launches to drive growth for Rallis India

While revenue growth was robust in Q4, weak mix, costs dented profits

Higher chemical prices, ongoing expansion and demand to support SRF stock

While medium term prospects remain strong, the upsides after recent rally are limited

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 .

Laxmi Organic shares soar 26% in market debut

The firm is a leading manufacturer of acetyl intermediates and specialty intermediates

Eazol Health Tonic - Making Waves in the Ayurvedic Tonic Space

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Chemicals maker Anupam Rasayan initial public offering subscribed 44 times

Tuesday was the last day of bidding

Laxmi Organic IPO subscribed 6 times on second day of subscription

The initial public offer of speciality chemicals manufacturer Laxmi Organic Industries Limited was subscribed 6.05 times on the second day of subscription on Tuesday. The issue received bids for 19,69,52,680 shares against 3,25,58,138 shares on offer, as per data available with the NSE. The category meant for qualified institutional buyers (QIBs) was subscribed 1.15 times, non institutional investors 2.48 times and retail individual investors(RIIs) 10.38 times. The initial public offer (IPO) aggregating up to Rs 600 crore comprises a fresh issue of up to Rs 300 crore and an offer for sale of up to Rs 300 crore. The offer is in a price range of Rs 129-130 per share. Laxmi Organics Industries on Friday garnered Rs 180 crore from anchor investors. Net proceeds from the issue will be utilised for setting up a manufacturing facility for fluorospecialty chemicals, working capital requirements, purchase of plant and machinery and upgrading existing units. In addition, funds would be us

Chemicals maker Laxmi Organic IPO subscribed 2.28 times on Day 1

The firm is in the speciality chemicals space

Anupam Rasayan IPO subscribed 3.64 times on second day of subscription

The firm is in the speciality chemicals space

Reliance Industries shares rise nearly 1 pc after spin-off

Shares of Reliance Industries Ltd (RIL) rose nearly one per cent to close at Rs 2,024.25