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LOS ANGELES, April 22, 2021 (GLOBE NEWSWIRE) The
Global Ceiling Tiles Market is expected to grow at a CAGR of around 6.3% from 2020 to 2027 and reach the market value of over US$ 18.6 Bn by 2027.
Asia Pacific to dominate the global ceiling market in the forecast period
The ceiling tile market was dominated by the Asia-Pacific region. With increased investment in residential and commercial construction in countries such as India, China, the Philippines, Vietnam, and Indonesia, the market for ceiling tiles is expected to grow in the coming years. Furthermore, in India, the government s US$ 120.5 Bn investment target for developing 27 industrial clusters is expected to boost commercial construction in the country. The Indonesian government announced plans to invest approximately US$ 450 Bn in the construction sector by 2021, with the goal of increasing residential construction in the country. As a result, the aforementioned investments and planned projects in different n
Bharuch/Surat: A two-day e-conclave on the far-ranging topics of environment, safety and health (EHS), jointly organized by Rotary Club, Dahej, concluded on Saturday. Economist Jay Narayan Vyas stressed on the importance of protecting the environment and promoting a culture of health and safety, during the inaugural session of the conclave.
Discussions on varied topics such as the new Occupational Hazard Safety act, accident prevention through cleaner production audit, water conservation and process safety were held during the conclave, informed Bhavesh Rami, president, Rotary Club of Dahej, Bharuch Narmada Nagri and Ankleshwar.
Ashok Panjwani, president, Jhagadia Industries Association, highlighted the massive plantation drive started in 1998 Ankleshwar and adjoining areas and informed about the positive changes it has brought to the region’s climate.
Why you should accumulate the stock of Galaxy Surfactants
Maulik Madhu
BL Research Bureau |
Updated on
April 17, 2021
Maulik Madhu
Galaxy Surfactants is a leading manufacturer of surfactants and specialty chemicals for use in the home care and personal care segment.
While Galaxy Surfactants’ revenue from specialty care products took a sharp hit in the June 2020 quarter, the business from performance surfactants remained robust all through FY21. The latter serve as inputs into consumer staples, the demand for which is relatively inelastic, ensuring a steady demand for the company’s products. Galaxy Surfactants serves as a global supplier to multi-national, regional and local FMCG companies.
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India: Anupam Rasayan secures $30m from anchor investors ahead of IPO
March 11, 2021
Surat-based specialty chemicals company Anupam Rasayan India Ltd on Wednesday raised Rs. 225 crore from anchor investors, ahead of its initial share-sale, which will open for public subscription on Friday.
A total of 4.05 million shares have been allocated to 15 anchor investors at ₹555 per share, which is the upper end of the price band. At this price, the company mopped up ₹224.70 crore, according to a circular uploaded on the BSE website.
Among the investors that have been allocated shares are Birla MF, Nomura Asset Management, Fidelity International, Sundaram MF, SBI Life, IIFL Special Opportunities Fund, Malabar and Max Life.