GSK, Horlicks To Sell 5.69% Stake in Hindustan Unilever Worth USD 3.3 Bn

On Thursday, GlaxoSmithKline Pte and Horlicks announced that they will sell 5.69% stake in Hindustan Unilever Limited (HUL) in a deal valued nearly at $3.3 billion. HUL is planning to sell its 1... Read More


Dampened Demand for Petrochemicals in Asia Prompts Decline in Methanol Sales for Current Fiscal Year

Sojitz, a renowned trading house in Japan, recently forecasted a significant slump in sales of Methanol for the current fiscal year as an outcome of dampened demand for Asian petrochemicals, aff... Read More


Average Per Day Medical Oxygen Demand in India Down by 20% in April

As the country anticipates escalation in the positive coronavirus cases with total number of confirmed coronavirus cases crossing 53,000 on Thursday, the Indian government has been constantly ma... Read More


Olin Corporation Releases Quarterly Results, Expects Rise in US Caustic Soda Prices in the Second Quarter

World’s largest Chlor-Alkali producer, Olin has recently revealed its quarterly results wherein it has highlighted the muted performance of its Chlor-Alkali segment which pushed its quarte... Read More


Caustic Soda Demand Hit as the Industry Faces Pandemic Woes

India’s Caustic Soda Industry is facing cold winds due to demand slowdown exacerbated by a prolonged halt in industrial operations due to nationwide lockdown imposed by the Indian Governme... Read More


Soda Ash Plants to Run at an Appreciable Efficiency as Production Resumes after Temporary Turnaround

Chemical industry has witnessed a devastating downturn after the outbreak of global pandemic, having origins from China. The penetration of this contagion in India has compelled the government t... Read More