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CAUSTIC SODA GROUP
Grasim Industries shares surge 4% after robust Q4 profit, up 28% YoYGrasim Industries shares saw a significant jump after the company announced robust fourth-quarter earnings and record annual revenue. Growt...- Grasim to acquire chlor-alkali biz of KPR Industries for Rs 253 croreKPR Industries' chlor-alkali business comprises an under-construction 200 TPD project at Balabhadrapuram, Andhra Pradesh.
- Stock pick of the week: Why analysts are bullish on Grasim sharesLikely strong earnings growth and large free cash flows and improving performance of its subsidiaries has made Grasim analysts’ favourite
- Grasim March-quarter profit jumps 40% to Rs 724 croreThe cement subsidiary, UltraTech Cement, has outpaced the industry with domestic volume growth of 15 per cent.
- Andhra Sugar, Hyderabad Inds our top two wealth-creating ideas: G ChokkalingamDespite operating in commodity businesses, Andhra SUgar has been giving dividend for the past three decades, says Chokkalingam.
- ABCL acquires Jayshree Chemicals' chlor-alkali divisionIn September last year, the company had said it will acquire the chlor-alkali division of Jayshree Chemicals Ltd (JCL) for a cash considera...
- Aditya Birla Chemicals gets shareholders' nod for merger with Grasim IndustriesIn February, the Board of Grasim Industries had approved to give shareholders of ABCIL one share of Rs 10 each of Grasim for every 16 share...
- Aditya Birla Chemicals merger with Grasim Industries to be margin accretiveOne of the advantages of the merger is that the caustic soda business is relatively stable than the VSF business, where Grasim also operate...
- Aditya Birla Chemicals to merge with Grasim IndustriesThe shareholders of ABCIL will get one share of Rs 10 each of Grasim for every 16 shares of Rs 10 each they hold in ABCIL, said a release f...
- GACL goes for Rs 3500 crore expansion, may acquire unit in Eastern IndiaAccording to the company, the expansion plans involve expanding the existing capacities of caustic soda, chloromethane and phosphoric acid ...
- Aditya Birla Chemicals to acquire Jayshree Chemicals Ltd's chlor-alkali division for Rs 212 croreJCL's chlor-alkali division has capacity of 57,000 tonnes per annum located in Odisha. It also has about 1,600 acres of salt works in AP.
- Aditya Birla Chemicals acquires division of Solaris Chemtech"This strategic acquisition further strengthens our position in the Chlor-Alkali business," Kumar Mangalam Birla said.
- GACL's net profit of Q2 rise 78% to Rs 66 croreThe net profit for the 1st half of the fiscal was Rs 121.28 cr as compared to Rs 83.46 cr in the previous year's corresponding period.
- GACL,Nalco JV likely to set up 2 lakh ton caustic soda projectState-run Gujarat Alkalies and Chemicals Ltd (GACL) today said it is likely to set up a 2 lakh tonnes per annum (TPA) caustic soda project ...
- Sanmar group to invest $1.3 bn for expansion in EgyptSanmar Group had acquired Trust Chemical Industries LLC (now TCI Sanmar Chemicals SAE) in South Port Said, Egypt, in March 2007.
- Kanoria Chemicals buy to give Hindalco a boost; Kanoria up 20%The Aditya Birla group's move to buy Kanoria Chemicals will help its flagship Hindalco to consolidate the supply of caustic soda which is t...
- Aditya Birla Group buys Kanoria Chemicals for Rs 830 croreAditya Birla Chemicals (India) Limited , a unit of Aditya Birla Group, will buy the choro chemicals division of Kanoria Chemicals to boost ...
- Delayed monsoon hits Grasim's chemical plant at NagdaWater scarcity in Madhya Pradesh due to delayed rains have hit the production of Aditya Birla Group's Nagda chemical plant, where capacity ...
- Reliance may acquire Gujarat govt’s stake in Gujarat AlkaliesReliance Industries, the country’s biggest private sector company, could be considering a bid to buy the Gujarat government’s 36.72% stake ...
- J&K's zero-excise regime may attract Punjab unitsThe Department of Revenue issued two notifications on November 14, the birth day of Jawaharlal Nehru, to exempt the 16% excise duty in the ...
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