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HMEL to invest Rs 2,600 cr in speciality, fine chemicals sector in Punjab: LN Mittal
HPCL-Mittal Energy Limited (HMEL) announced a Rs 2,600 crore investment in Punjab's speciality and fine chemicals sector. Additionally, HMEL plans to launch 500 new retail fuel outlets nationwide, equipped with modern technology. This expansion follows HMEL's significant Rs 60,000 crore investment in its Bathinda refinery, Punjab's sole oil refinery.
Sufficient fertilisers now, but problems may arise if West Asia conflict prolongs: Official
India currently possesses adequate fertilizer supplies. However, a prolonged conflict in West Asia may disrupt future crop seasons. Fertilisers and Chemicals Travancore Limited (FACT) assures farmers of continued supply. The company holds substantial raw material reserves. FACT is committed to meeting all agricultural needs. This ensures uninterrupted fertilizer availability for upcoming seasons.
UPL To Integrate Indian, Overseas Crop Protection Business Into Single Entity
This integrated business will benefit from a strong manufacturing base, advanced research capabilities, a broad portfolio of registered products and brands across multiple geographies and independent management, UPL says.
UPL to spin off crop protection arm into a separate listed entity
UPL approved a group reorganisation to separate its India and global crop protection businesses into a newly listed UPL Global Sustainable Agri Solutions. The move aims to unlock value, streamline operations, enhance capital flexibility, and create a focused pure-play crop protection platform.
UPL announces restructuring, to create two listed entities
UPL will restructure into UPL and UPL Global Sustainable Agri Solutions, merging UPL SAS and demerging India crop protection. Promoters will hold 33.1 percent in UPL, 71.6 percent in UPL Global.
UPL announces group rejig to create world’s 2nd-largest listed pure-play crop protection firm
UPL's strategic reorganisation will merge its crop protection businesses, creating a dedicated platform to enhance efficiency and market presence.
UPL looks to combine global and local crop protection business as part of second major reorganisation
UPL Limited is embarking on an ambitious journey to merge its global and regional crop protection divisions. This strategic initiative is designed to enhance efficiency and streamline operations within the company. Key players, including the Abu Dhabi Investment Authority and TPG, are backing this evolution.