Buffeted by near dreadful state of Indian automobile industry, LG Balakrishnan's revenues (standalone) slid for the first time in five quarters (down by 6.7%), more precariously by 11% from that in the just preceding quarter. Consolidated revenue plunge barely soothe nerves (down 6%). The fall was led by its flagship transmission business for its revenues fell by 7.6% yoy (11.2% q-o-q)., while revenues of its value enhancing metal...
The global technical textile market was valued at $176.83 bn in 2018 and is projected to reach $220.37 bn by 2022, growing at a CAGR of 5.9% during 2018 to 2022 (source KPMG, FICCI). The development of technical textiles industry has been given prime importance by the governments of various countries globally. Various initiatives have been taken to establish research organizations with the objective of bolstering and promoting research in this segment. Asia Pacific is expected to continue its dominance in the technical textiles market, and iss expected to grow at CAGR of 5.6% to 5.8%...
000 TPA. In anticipation of the accelerating demand for ATBS, VOL decided to increase its existing ATBS TBS capacity to 40000 TPA by September 2019, however, due to delays it is expected to be completed by November. The rising demand for ATBS and withdrawal of Lubrizol from the ATBS...
cording to industry reports, global LPG market is expected to grow at a CAGR of 3.1% between 2019 and 2025 and reach USD 359 bn by 2025 from USD 278 bn in 2018. Asia Pacific is the leader in terms of revenue and is projected to sustain its dominance over the he forecast time period with the highest growth rate. Increasing government support for LPG adoption such as Pradhan Mantri Ujjwala Scheme (PMUY) by GOI, which recently met its...
Atul Ltd manufactures value added chemicals by blending basic chemicals and natural resources for diverse industries -agriculture, construction, textiles, pharmaceuticals and automobiles - from its plants in Valsad,...
A 2018 report by WaterAid, a global advocacy group on water and sanitation, reveals that India harbours 163 mn people who do not have access to clean water, the highest in the world followed by Ethiopia with over 60 mn people. Just under two-thirds thirds of the world's population, or close...
The global refractories market demand is set to rise from USD 30 billion in 2018 to around USD 41 billion by 2025, according to a 2019 Global Market Insights Inc. report. Increase in demand...
Stifled by slowdown in exports more so in the automobile segment, revenues of specialty chemicals grew by a dismal 5.5% last quarter - though on constant raw material prices the increase by ~9%. Yet revenues from its not so large pharmaceutical business rose by a sturdy 27.7% to Rs 191.14 crs...
