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Neogen Chem’s December quater net up 4% February 15, 2021 × Neogen Chemicals has reported that its consolidated net profit in the December quarter was up four per cent at ₹8.5 crore, as against ₹8.2 crore in the same period last year. Revenue was up three per cent at ₹85 crore. The net profit in the quarter would have been higher if not for the 14 per cent increase in finance costs and higher depreciation of 43 per cent due to capex undertaken at Mahape, Vadodara and Dahej facilities. Further, Neogen has provided an additional layer of safety to its employees during the Covid pandemic, it said. Haridas Kanani, Managing Director, Neogen Chemicals saidthe performance was supported by robust recovery trends in economic activity as India and the world look ahead of an unprecedented period in recent human history. ....
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TSCA/FIFRA/TRI EPA Seeks Comments On Draft Compliance Guide Addressing Surface Coatings Under PFAS SNUR: On December 16, 2020, the U.S. Environmental Protection Agency (EPA) announced the availability of a draft compliance guide that outlines which imported articles are covered by EPA’s July 2020 final significant new use rule (SNUR) that prohibits companies from manufacturing, importing, processing, or using certain long-chain per- and polyfluoroalkyl substances (PFAS) without prior EPA review and approval. 85 Fed. Reg. 81466. The draft guide provides additional clarity on what is meant by a “surface coating,” identifies which entities are regulated, describes the activities that are required or prohibited, and summarizes the notification requirements of the final SNUR. More information on the draft compliance guide is available in our December 14, 2020, memorandum, “EPA Publishes Draft Compliance Guide Addressing Surface Coatings under PFAS SNUR.” Comments on the d ....
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