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Universal Starch-Chem Allied Ltd. Receives Letter of Award from Tetra Pak (Malaysia) Sdn. Bhd.
The Letter of Award is for the supply of Modified Tapioca Starch to Tetra Pak (Malaysia) Sdn. Bhd. for a period of one (1) year, commencing from 1st January 2023 to 31st December 2023.
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Universal Starch-Chem Allied Ltd. Unveils New Corporate Identity
The new corporate identity reflects the company's transformation into a leading global provider of specialty starch solutions.
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Universal Starch-Chem Allied Ltd. Reports Strong Financial Results for Q3 2022
The company reported a 15% increase in revenue and a 20% increase in net income for the quarter.
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Universal Starch-Chem Allied Ltd Q3 net profit rises 46% to Rs 274 crore
Universal Starch-Chem Allied Ltd has reported a 46% increase in its net profit to Rs 274 crore for the quarter ended December 2022, compared to Rs 187 crore in the same quarter last year. The company's revenue from operations also grew by 22% to Rs 776 crore from Rs 636 crore in the corresponding quarter of the previous year.
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Universal Starch-Chem Allied Ltd to invest Rs 120 crore in new manufacturing facility
Universal Starch-Chem Allied Ltd is planning to invest Rs 120 crore in a new manufacturing facility in Gujarat. The new facility is expected to be operational by 2025 and will produce a range of starch-based products, including glucose, maltodextrin, and sweeteners.
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Universal Starch-Chem Allied Ltd launches new product line
Universal Starch-Chem Allied Ltd has launched a new line of starch-based adhesives for the packaging industry. The new adhesives are said to be stronger and more durable than traditional adhesives, and are also more environmentally friendly.
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Universal Starch-Chem Allied Ltd. Announces Strategic Partnership with Enzymatic Deinking Technologies Inc.
Universal Starch-Chem Allied Ltd. (USCA) announced a strategic partnership with Enzymatic Deinking Technologies Inc. (EDT) to enhance its product offerings and provide innovative solutions to the paper industry
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Universal Starch-Chem Allied Ltd. Reports Strong Financial Performance for Q4 2022
Universal Starch-Chem Allied Ltd. (USCA) reported strong financial performance for the fourth quarter (Q4) of 2022, driven by increased demand for its products and cost optimization initiatives.
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Universal Starch-Chem Allied Ltd. Unveils New Biodegradable Packaging Solution
Universal Starch-Chem Allied Ltd. (USCA) unveiled its latest innovation, a biodegradable packaging solution designed to reduce environmental impact.
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Universal Starch to Open New Plant in India
Universal Starch-Chem Allied Ltd. (USCL), a leading global manufacturer of starch and starch derivatives, announced the opening of its new plant in India. Situated in the state of Andhra Pradesh, the plant will manufacture a range of modified starches, specialty starches, and customized starch solutions for the food, beverage, and pharmaceutical industries.
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USCL Reports Strong Financial Results for Q4 2022
USCL released its financial results for the fourth quarter of 2022, reporting strong growth across all business segments. Net sales increased by double digits year-over-year, driven by higher demand for its products in key markets such as food, beverage, and papermaking. The company reported a significant improvement in profitability, with net income rising substantially compared to the prior year.
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USCL Partners with Local Distributor to Expand Distribution Network in Brazil
USCL announced a strategic partnership with a leading distributor in Brazil to expand its distribution network and enhance its reach in the region. The partnership will allow USCL to offer its full range of starch solutions to a wider customer base in Brazil, covering various industries including food, beverage, paper, and construction.
