The specialty chemicals company LANXESS has completed the first phase of construction of its new site in Jhagadia, Gujarat state, India. The production of the rubber chemicals plant was started up, as planned, after being relocated from Thane, Maharashtra state. The plant features the latest technology and was constructed over a period of less...
Diversified group Emami is in the process of setting up two more refineries in Gujarat and Andhra Pradesh involving an investment of around Rs 1,060 crore according to Director of Emami group Aditya Agarwal. Agarwal said the group is planning its foray into the food and beverages (F&B) sector in a big way starting...
Gujarat Chemical Association (GCA) announced a strategic alliance with Durr Systems, India, supplier of systems for ecological pollution control, to play a major role in minimising pollution in the state to meet the challenge of global warming. GCA President Jaimin Vasa told newsmen: ‘Through this alliance we will provide industries in Naroda and Vatva...
An Indonesian subsidiary of Meghmani Organics Limited (MOL), listed in Singapore and on the BSE and the NSE, plans to expand its agro-chemical marketing base, the company said. Incorporated on November 26, 2008, as PT Meghmani Organics Indonesia, in Jakarta with the specific objective of setting up retail operations for its agrochemical products, the...
The government of Gujarat has taken a decision not to grant new permit to any new industry in Ankleshwar-Panoli industrial estate due to increased rate of pollution. On the other hand Pune University’s Geological research department in its survey report has revealed a fact that metal and lead is increasing in groundwater of Ankleshwar’s...
Ahmedabad based Anil Products Ltd has reported a Net Profit of Rs.3.98 crores for the first quarter of the fiscal ending June 30, 2009, a 165% increase over Rs 1.5 crore registered for the corresponding period of previous fiscal. Net sales for the first quarter of current fiscal, grew 60.3% to Rs 85.5 crore...
Meghmani Organics Limited has witnessed a rise of 1% in is net profit for Q1 FY10 to Rs 14.29 crore against Rs 14.12 crore in Q1 FY09. Net sales of the company for the period under review stood at Rs 160.84 crore. Meghmani Website
Lalbhai Group’s Atul Ltd has reported profit before tax(PBT) of Rs 15 crore in the first quarter of current fiscal against nil PBT in the corresponding period of the previous fiscal. The company has posted sales of Rs 261 crore, 12% lower than quarter one of the previous fiscal. Atul Ltd Website
Bangalore-based 3M India Limited, the Indian arm of San Francisco-based 3M Corporation, has increased the capacity of its Moraiya, Ahmedabad facility by three-fold at an investment of Rs 27 crore. The company has invested Rs 37 crore in the last five years in the Ahmedabad facility where it manufactures fusion bonded epoxy powder. The...