We would not be surprised, if, in future, the suspension PVC business of Chemplast Sanmar is once again demerged to unlock value for the standalone business
Business case for the new capex and acquisition of Bodal Chemicals appears promising, given the import substitution play and higher applications of benzene-based chemicals
Science and Technology Minister Harsh Vardhan said during Question Hour that a new scanner has been developed which can detect adulteration in milk in 40 seconds and can even pinpoint the adulterant.
The company expects the acquisition to increase its total caustic soda capacity to about 355,000 tonnes per annum.
In an interview to CNBC-TV18 R Mukundan, managing director, Tata Chemicals spoke about the latest happenings in the company and the way ahead.
Market analyst SP Tulsian of sptulsian.com explains to CNBC-TV18 that stocks that offer exciting prospects are the Tamil Nadu-based sugar stocks on the commencement of the second crushing season, Reliance Communication‘s proposed listing of under-sea cable company Flag Telecom and the anti-dumping duty imposed on caustic soda and soda ash.
Gujarat Alkalies and Chemicals (GACL), a city-based State Government undertaking, has commissioned a project to manufacture 15,000 TPA stable bleaching powder at Dahej near here.