India's Aarti Industries signs 100 billion-rupee contract with SABIC's U.S. unit
- By Reuters |
- Dec 29, 2017
- Last Updated at 13:02 IST
Speciality chemicals and pharmaceuticals manufacturer Aarti Industries Ltd signed a supply contract with a U.S. affiliate of Saudi Basic Industries Corp (SABIC) worth 100 billion rupees ($1.56 billion).
Aarti Industries will supply a high value speciality chemical intermediate to SABIC Innovative Plastics US LLC over a period of 20 years. (http://bit.ly/2C72hFz)
Aarti will invest around $35 million to $40 million to set up a manufacturing facility in Gujarat which will be used as an export-only unit.
Shares of the Mumbai-based company were up 5.7 percent, as of 0651 GMT, after rising as much as 8.1 percent.
RELATED NEWS
Posted at 19:12 PM
Posted at 16:19 PM
Posted at 12:58 PM
.jpg)
Posted at 12:28 PM
.jpg)
Posted at 10:05 AM
Posted on 17- Dec- 2018
Posted on 17- Dec- 2018
Posted on 17- Dec- 2018
Posted on 17- Dec- 2018
Posted on 15- Dec- 2018
The Big Stories
U.S. housing starts rebound; single-family segment weak... Read More
U.S.-based Carlyle seeks to double stake in India's PNB Housing: report... Read More
Gloomy economic outlook pushes copper to five-week low... Read More
Rahul Gandhi ratchets up pressure on PM Modi to waive farm loans... Read More
Trump pressures Fed ahead of meeting, warns against 'another mistake'... Read More
.jpg)
China's manufacturing powerhouse Guangdong suspends PMI data release as numbers slide... Read More
LIVE ADVISORY
TESTIMONIALS
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advis... Read More
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advisorymandi,com teaches us, how to trade in share market in proper way. Personalized services also tell you about your services like, phone calls, reminders & other suggestions are really very appreciable with polite conversations. Outstanding team effort as they are very cooperative , polite and helps in sorting out problems and queries in best possible manner.
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG... Read More
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG THANKS for their virtuoso services.
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It... Read More
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It is a best Platform for a beginner who has just started trading. Employee of advisorymandi are very friendly. They are always ready for you to help in any condition. From my opinion every beginner who wants to be a successful trader , they the should join "ADVISORYMANDI.COM"
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL... Read More
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL DONE!! ADVISORYMANDI.COM AND TEAM
OPINION POLL
Will rupee recover to $68 by year end?
- Yes
- No
- Can't Say
