#Aceticacid( for info)
👉Acetic acid is a significant chemical reagent and industrial chemical used in the production of soft drink bottles, polyvinyl acetate for wood glue, and many synthetic fibers and fabrics, as well as a host of household, food, and other applications .
👉China produces ~5.7 MMT of Acetic Acid and is the largest supplier with a share of 42% with a total installed capacity of is 6.5 MMT (FY2019). India produced ~ 160 KT of Acetic Acids during FY2019; India is majorly an import dependent economy for Acetic Acid( Source - Monarch)
👉consumption usually decreses in winter
👉 #GNFC
#JUBILANTINGREVIA
#laxmiorganics etc
👉Acetic acid is a significant chemical reagent and industrial chemical used in the production of soft drink bottles, polyvinyl acetate for wood glue, and many synthetic fibers and fabrics, as well as a host of household, food, and other applications .
👉China produces ~5.7 MMT of Acetic Acid and is the largest supplier with a share of 42% with a total installed capacity of is 6.5 MMT (FY2019). India produced ~ 160 KT of Acetic Acids during FY2019; India is majorly an import dependent economy for Acetic Acid( Source - Monarch)
👉consumption usually decreses in winter
👉 #GNFC
#JUBILANTINGREVIA
#laxmiorganics etc
Jubilant Ingrevia Limited to acquire stake in company implementing solar power plant
#JubilantIngrevia #INE0BY001018 #JUBLINGREA #SpecialtyChemicals #StakeAcquisition #SolarPowerPlant
#JubilantIngrevia #INE0BY001018 #JUBLINGREA #SpecialtyChemicals #StakeAcquisition #SolarPowerPlant
#JubilantIngrevia reports #Q1 earnings.
▶️Net profit down 35% at ₹51.6 cr vs ₹79 cr (YoY)
▶️Revenue down 7.8% at ₹1,075 cr vs ₹1,165.8 cr (YoY)
▶️EBITDA down 17.2% at ₹116.7 cr vs ₹141 cr (YoY)
▶️EBITDA margin at 11% vs 12% (YoY)
▶️Net profit down 35% at ₹51.6 cr vs ₹79 cr (YoY)
▶️Revenue down 7.8% at ₹1,075 cr vs ₹1,165.8 cr (YoY)
▶️EBITDA down 17.2% at ₹116.7 cr vs ₹141 cr (YoY)
▶️EBITDA margin at 11% vs 12% (YoY)