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BASF India Q1 FY23: Net profit falls 49% to Rs 140 crore on back of higher raw material costs
BASF India reported a consolidated net profit of Rs 140 crore for the quarter ended June 30, 2022, a decline of 49% compared to the same period last year. The company's net sales rose by 15% to Rs 2,653 crore during the quarter under review, mainly driven by higher volumes and prices in the chemicals and performance materials segment. However, higher raw material costs and other expenses weighed on the company's profitability. BASF India's earnings before interest, taxes, depreciation, and amortization (EBITDA) declined by 37% to Rs 270 crore in Q1 FY23. The company's EBITDA margin also contracted by 480 basis points to 10.2% during the quarter.
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BASF India launches new range of construction chemicals
BASF India has launched a new range of construction chemicals under the brand name 'Master Builders Solutions'. The new range includes products such as admixtures, grouts, sealants, and waterproofing membranes. BASF India claims that its new range of construction chemicals is designed to meet the specific needs of the Indian construction industry. The company says that its new products are formulated to provide high performance and durability, while also being easy to use and apply.
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BASF India partners with IIT Delhi to develop sustainable construction technologies
BASF India has partnered with the Indian Institute of Technology Delhi (IIT Delhi) to develop sustainable construction technologies. The partnership will focus on developing new materials and technologies that can reduce the environmental impact of construction. BASF India and IIT Delhi will also collaborate on research projects that explore the use of renewable energy sources in construction. The partnership is part of BASF India's commitment to sustainability and its goal of becoming a net-zero emissions company by 2050.
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BASF India Q3 net profit rises 23% to Rs 692 crore
Chemical major BASF India on Thursday reported a 23.18 per cent rise in its net profit to Rs 692.32 crore for the quarter ended September 30, 2022.
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BASF India launches new range of concrete admixtures
BASF India on Wednesday launched a new range of concrete admixtures under the Master Builders Solutions brand.
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BASF India Q2 net profit rises 21% to Rs 519 crore
Chemical major BASF India on Thursday reported a 21 per cent rise in its net profit to Rs 519.05 crore for the quarter ended June 30, 2022.
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BASF India Q4 net profit jumps 19% to Rs 320 crore
BASF India on Wednesday reported a 19 per cent rise in its net profit to Rs 320 crore for the quarter ended March 2023, helped by higher revenues. The company had posted a net profit of Rs 269 crore in the corresponding quarter of the previous fiscal.
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BASF India launches new solutions for crop protection and nutrition
BASF India on Tuesday launched two new solutions for crop protection and nutrition, aiming to enhance the productivity and quality of agricultural produce in the country.
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BASF India invests Rs 100 crore in new manufacturing facility
BASF India on Monday said it has invested Rs 100 crore in a new manufacturing facility at Dahej in Gujarat, which will produce high-performance polymers used in various industries.
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Propylene Carbonate Market Size & Share to Surpass USD 488.3 Million by 2034 | Future Market Insights, Inc.
Shift toward Water-based Formulations in the Propylene Carbonate Sector. FMI Report Reveals how Aqueous Solutions can Redefine Market Dynamics. The United States propylene carbonate market is projected to be stable, with a CAGR of 3.3% between 2024 and 2034. …
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Crop Protection Chemicals Market Size Expected to Reach USD 125.65 Billion by 2033
The global crop protection chemicals market size is calculated at USD 76.94 billion in 2024 and is expected to reach around USD 125.65 billion by 2033, growing at a CAGR of 5.6% from 2024 to 2033. The global crop protection chemicals market size is calculated…
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Crop Protection Chemicals Market to Reach $88.0 Billion by 2031 - Exclusive Report by Meticulous Research®
REDDING, Calif., June 27, 2024 /PRNewswire/ -- According to a new market research report titled 'Crop Protection Chemicals Market Size, Share, Forecast, & Trends Analysis by Type (Synthetic [Insecticides, Herbicides], Biological), Formulation (Solid, Liquid),…
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Plastic Additive Market Thrives with Rising Demand in Packaging, Construction, and Automotive Sectors Says Future Market Insights, Inc.
Plastic Additive Market Projected to Hit USD 71.57 Billion by 2034. Growth in the e-commerce sector has bolstered sales of packaging solutions for home delivery. This has had a positive impact on the sales of plastic additives. Plastic Additive Market Project…
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[Latest] Global Refinery Catalyst Market Size/Share Worth USD 12.6 Billion by 2033 at a 5.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Refinery Catalyst Market size & share revenue was valued at approximately USD 7.2 Billion in 2023 and is expected to reach USD 7…
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Silicon Fertilizer Market is Expected to Reach USD 178 million by 2034, as Organic Silicon Fertilizers Witness Large-scale Use | Future Market Insights, Inc.
The demand for silicon fertilizers in the United States is projected to rise at a 3% CAGR over the forecast period, Silicon fertilizer is a current agricultural technique that is utilized for a variety of crops including wheat, sugarcane, tomato, broccoli, ga…
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[Latest] Global Cosmetic Pigments Market Size/Share Worth USD 4.9 Billion by 2033 at a 6.4% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Cosmetic Pigments Market size & share revenue was valued at approximately USD 2.3 Billion in 2023 and is expected to reach USD 2…
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Biostimulants Market Report Size, Share, Global Industry Trends, Growth Statistics and Forecast - 2029
Chicago, June 21, 2024 (GLOBE NEWSWIRE) -- According to MarketsandMarkets, the biostimulants market
is projected to reach USD 7.6 billion by 2029 from USD 4.3 billion by 2024, at a CAGR of 12.0% during the forecast period in terms of value. The global biost…
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Global $3.02 Billion Silage Additives Market Analysis and Forecasts to 2029
Dublin, June 19, 2024 (GLOBE NEWSWIRE) -- The "Global Silage Additives Market: Analysis By Form, By Type, By Application By Region Size and Trends with Impact of COVID-19 and Forecast up to 2029" report has been added to ResearchAndMarkets.com's offering.
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Global Soil Treatment Market Size To Worth USD 79.18 Billion By 2033 l CAGR of 6.05%
The Global Soil Treatment Market Size was Valued at USD 44.01 Billion in 2023 and the Worldwide Soil Treatment Market Size is Expected to Reach USD 79.18 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies c…
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Global Agrochemicals Market Size To Worth USD 328.52 Billion By 2033 | CAGR of 3.5%
The Global Agrochemicals Market Size was Valued at USD 232.80 Billion in 2023 and the Worldwide Agrochemicals Market Size is Expected to Reach USD 328.52 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies c…
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Silicone Fluids Market to record USD 8.3 Billion by 2032, Says Global Market Insights inc.
Silicone Fluids Industry size is expected to register 4.3% CAGR between 2024 and 2032 propelled by increasing demand in automotive industry. Silicone Fluids Industry size is expected to register 4.3% CAGR between 2024 and 2032 propelled by increasing demand i…
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Global Seed Processing Market Size To Worth USD 32.6 Billion By 2033 | CAGR Of 9.30%
The Global Seed Processing Market Size was Valued at USD 13.4 Billion in 2023 and the Worldwide Seed Processing Market Size is Expected to Reach USD 32.6 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies c…
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Global Agricultural Chelates Market Size To Worth USD 1.81 Billion By 2033 | CAGR Of 6.01%
The Global Agricultural Chelates Market Size was Valued at USD 1.01 Billion in 2023 and the Worldwide Agricultural Chelates Market Size is Expected to Reach USD 1.81 Billion by 2033, according to a research report published by Spherical Insights & Consulting.…
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Biostimulants Market Is Expected To Reach a Revenue Of USD 5.9 Bn By 2033, At 8.1% CAGR: Dimension Market Research
Biostimulants Market Increasing focus on sustainable agriculture, coupled with advancements in biotechnology, drives the market's growth in addressing global food security and environmental challenges. Biostimulants Market Increasing focus on sustainable agri…
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Carotenoids Market Size, Share, Industry Trends & Growth Analysis and Forecast [2029]
Chicago, June 14, 2024 (GLOBE NEWSWIRE) -- According to MarketsandMarkets, the carotenoids market
is projected to reach USD 3.4 billion by 2029 from USD 2.5 billion by 2024, at a CAGR of 6.3% during the forecast period in terms of value. The increasing cons…
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Global Paints and Coatings Industry Report 2024: Aerospace and Marine Space Demand Heavy-duty Paints and Coatings
Dublin, June 13, 2024 (GLOBE NEWSWIRE) -- The "Paints and Coatings - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.The global market for Paints and Coatings is estimated at US$171.9 Billion in 2023 and is projected to r…
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Global Active Pharmaceutical Ingredients (APIs) Market Analysis, 2024-2029, Featuring Profiles of 32+ Major Players, Including Pfizer, Teva Pharmaceutical Industries, GSK, Sanofi, and Viatris
Dublin, June 13, 2024 (GLOBE NEWSWIRE) -- The "Global Active Pharmaceutical Ingredient Market by Type (Innovative, Generic), Manufacturer (Captive, Merchant), Synthesis (Synthetic, Biotech), Products (mAb, Hormones, Cytokines), Drug (OTC, Rx), Application (Di…
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Global Trace Minerals In Feed Market Size To Worth USD 970.2 Million By 2033 | CAGR Of 5.58%
The Global Trace Minerals in Feed Market Size was Valued at USD 563.8 Million in 2023 and the Worldwide Trace Minerals in Feed Market Size is Expected to Reach USD 970.2 Million by 2033, according to a research report published by Spherical Insights & Consult…
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Global Feed Premix Market Size To worth USD 30.2 Billion By 2033 | CAGR of 4.47%
The Global Feed Premix Market Size was Valued at USD 19.5 Billion in 2023 and the Worldwide Feed Premix Market Size is Expected to Reach USD 30.2 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: …
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Synthetic Leather Market Size to Worth USD 90.89 Billion by 2033
The global synthetic leather market size is calculated at USD 45.47 billion in 2024 and is expected to be worth around USD 90.89 billion by 2033, registering a solid CAGR of 8% between 2024 and 2033. The global synthetic leather market size is calculated at U…
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Global Molluscicides Market Size To Worth USD 246.6 Million By 2033 | CAGR Of 6.84%
The Global Molluscicides Market Size was Valued at USD 127.2 Million in 2023 and the Worldwide Molluscicides Market Size is Expected to Reach USD 246.6 Million by 2033, according to a research report published by Spherical Insights & Consulting. Companies cov…
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Global Polycaprolactone Market to Record Revenue Worth US$ 1535.5 Mn by 2034; Anticipated to Experience CAGR of 10.3% During 2024 – 2034; states TNR, The Niche Research
Global Polycaprolactone Market is Witnessing Significant Growth Globally, Driven by its Versatile Properties and Diverse Applications across Various Industries Global Polycaprolactone Market is Witnessing Significant Growth Globally, Driven by its Versatile P…
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Bioinsecticides Market Expected to Expand at 12% CAGR, Reaching USD 334 Million by 2033 | Dimension Market Research
Development in biotechnology and microbial research will create the development of more effective and targeted formulations. Regulatory support, along with growing awareness of environmental concerns, will further drives the adoption of bioinsecticides global…
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Global Turf Protection Market Size, Trends To Worth USD 10.1 Billion By 2033 | CAGR Of 4.98%
The Global Turf Protection Market Size was Valued at USD 6.21 Billion in 2023 and the Worldwide Turf Protection Market Size is Expected to Reach USD 10.1 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies c…
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Asia Pacific Vitamin K2 Market Forecast to 2030: Balchem, BASF, Glanbia, International Flavors & Fragrances, Koninklijke DSM, Lesaffre et Cie, Lonza, Novozymes and Seebio Biotech Dominate the Market
Dublin, June 07, 2024 (GLOBE NEWSWIRE) -- The "Asia Pacific Vitamin K2 Market Forecast to 2030 - Regional Analysis - by Product (MK-4, MK-7, and Combination Drugs), Dosage Forms (Capsules & Tablets, Powder, and Oils), Source (Natural and Synthetic), and Appli…
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Global Heat Transfer Fluids Market Forecast Report 2024-2029, with Case Studies of Relatherm, Resitol and ISEL on Energy-Efficient Solutions
Dublin, June 06, 2024 (GLOBE NEWSWIRE) -- The "Global Heat Transfer Fluids Market by Product Type (Mineral Oils, Synthetic Fluids, Glycol-Based Fluids), End-use Industry (Chemical & Petrochemicals, Oil & Gas, Automotive, Food & Beverages, Pharmaceuticals, HVA…
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Active Pharmaceutical Ingredient Market is Expected to Reach $238.3 billion | MarketsandMarkets™
Chicago, June 06, 2024 (GLOBE NEWSWIRE) -- Active Pharmaceutical Ingredient market in terms of revenue was estimated to be worth $163.5 billion in 2024 and is poised to reach $238.3 billion by 2029, growing at a CAGR of 7.8% from 2024 to 2029 according to a l…
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Antimicrobial Packaging Market to record USD 15.2 Billion by 2032, Says Global Market Insights inc.
Antimicrobial Packaging Industry size is expected to register 3.9% CAGR between 2024 and 2032 propelled by rising awareness of food safety. Antimicrobial Packaging Industry size is expected to register 3.9% CAGR between 2024 and 2032 propelled by rising aware…
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Global Carotenoids Market Report 2024: Booming Dietary Supplements and Food & Beverages Markets Drives Carotenoids Market Growth - A $ 3.4 Billion Market by 2029
Dublin, June 05, 2024 (GLOBE NEWSWIRE) -- The "Global Carotenoids Market by Type (Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, Zeaxanthin), Formulations (Oil Suspension, Powder, Beadlet, and Emulsion), Source (Natural And Synthetic), Applicati…
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Global Synthetic Latex Polymers Market Forecast Report 2024-2029: Rising Demand for Bio-based, Eco-Friendly, and Biodegradable Synthetic Latex Polymers
Dublin, June 05, 2024 (GLOBE NEWSWIRE) -- The "Global Synthetic Latex Polymers Market by Type (Styrene Acrylic, Acrylic, Styrene Butadiene, Vinyl Acetate Ethylene, Polyvinyl Acetate, Vinyl Acetate Copolymer), Application (Paints & Coatings, Adhesives & Sealan…
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Insulation Products Market Analysis by Insulation Type (Thermal, Acoustic), Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam) - Global Forecast to 2029
Dublin, June 05, 2024 (GLOBE NEWSWIRE) -- The "Global Insulation Products Market by Insulation Type (Thermal, Acoustic), Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam), End-use (Building & Construction, Industrial, Transportation, …
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[Latest] Global Semiconductor Wet Chemicals Market Size/Share Worth USD 6,930.2 Million by 2033 at a 8.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Semiconductor Wet Chemicals Market size & share revenue was valued at approximately USD 3,151.2 Million in 2023 and is expected …
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Top 5 Emerging Chemical Markets Industry Guide 2019-2028: China is the Leading Country Among Top 5 Emerging Nations with Revenues of $2.60 Trillion in 2023
Dublin, June 04, 2024 (GLOBE NEWSWIRE) -- The "Chemicals Top 5 Emerging Markets Industry Guide 2019-2028" report has been added to ResearchAndMarkets.com's offering.The Emerging 5 Chemicals industry profile provides top-line qualitative and quantitative summa…
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Esterquats Market to exceed USD 5.2 Billion by 2032, Says Global Market Insights inc.
Esterquats Industry size is expected to register 9.2% CAGR between 2023 and 2032 propelled by increasing demand for personal care products. Esterquats Industry size is expected to register 9.2% CAGR between 2023 and 2032 propelled by increasing demand for per…
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Feed Premix Market to Reach $14.09 Billion by 2031 - Exclusive Report by Meticulous Research®
REDDING, Calif., June 3, 2024 /PRNewswire/ -- According to a new market research report titled, 'Feed Premix Market by Type (Combination Premixes, Vitamin Premix, Mineral Premix, Amino Acid Premix, Nucleotide Premix, Nutraceutical Premix), Form (Powder and Li…
