Belgium-based plastic piping systems manufacturer and distributor Aliaxis SA agreed to acquire the manufacturing assets of Johnson Controls CPVC. Terms of the transaction were not disclosed.

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In its earlier order dated May 8, the High Court had taken cognisance of complaints, including cracks in wall panel joints, ...

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This means subject to the necessary approvals, Astral shareholders will receive shares of Astral Chemie in proportion to ...

Astral share price today: The demerger might create a near-term overhang for the stock as investors decide on the multiples for each segment, said Equirus Securities.

PVC pipe makers are poised for stronger profitability this fiscal, with EBITDA per tonne expected to rise to Rs 23,000. Crisil Ratings projects a 10-15% revenue surge driven by high resin prices, ...

PVC pipe makers are expected to see stronger profitability this fiscal as resin prices remain elevated, with EBITDA per tonne likely to rise to Rs 23,000 from Rs 21,200 last fiscal, Crisil Ratings ...

PVC pipe makers may see stronger profits this fiscal as elevated resin prices boost realisations, while demand recovery and costs remain key factors.

The ratings agency said the sector is likely to benefit from a sharp increase in product prices following the conflict in West Asia, even as demand moderates across some end-user segments.