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DCM Shriram approves setting up aluminium chloride business

Tuesday, 1 Aug 2017 02:43am EDT

Aug 1 (Reuters) - Dcm Shriram Ltd ::Says approved setting up aluminium chloride business ; to be commissioned by June 2018.Says expansion of chemicals at Kota at an investment of INR 975 million expected to commission by Jun'18.Says taking steps to grow fenesta windows and farm inputs business.Says distillery project at Hariawan unit is progressing as per plan and will commission by Jan’18.Says bioseed India business expected have moderate growth with stable margins.

Dow Chemical forecasts Q3 revenue between $13 bln to $13.5 bln

Thursday, 27 Jul 2017 11:08am EDT

July 27 (Reuters) - Dow Chemical Co ::Sees Q3 Dow revenue $13.0 billion to $13.5 billion - presentation.Favorable currency translation for EBITDA in 3Q16 will not repeat in 3Q17 in Agricultural Sciences segment‍​.Sees modest improvement in business earnings on pockets of tight supply/demand fundamentals for Perf. Materials & Chemicals EBITDA in Q3.Q3 revenue view $13.10 billion -- Thomson Reuters I/B/E/S.Says Y-O-Y operating EBITDA margin impact from Sadara in Q3 expected to be 25-50 bps decline on marketing arrangement‍​.Sees Q3 corporate segment EBITDA negative $80 million to negative $100 million.

Evonik bundles its expertise in crosslinking technology

Monday, 3 Jul 2017 04:43am EDT

July 3 (Reuters) - EVONIK INDUSTRIES AG :WILL COMBINE ITS ISOPHORONE CHEMISTRY AND EPOXY CURING AGENTS BUSINESS IN THE NEW CROSSLINKERS BUSINESS LINE EFFECTIVE JULY 1, 2017.

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