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Tyche Industries Ltd posts QoQ rise in Q2FY22 net profit to Rs 4 24 crore
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Tyche Industries Ltd posts PAT of Rs 1 73 crore in Q1FY22
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Tyche Industries Ltd posts net profit of Rs 1 13 crore in Q4FY21
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Tyche Industries Ltd Board approves final dividend of Rs 1
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Chemicals firm Chemours announced plans this week for an improvement project at its Louisville, KY production facility that will lower process emissions of HFC-23. Custom designed and built proprietary technology will be installed capable of capturing at least 99% of the hydrofluorocarbon at the site.
While HFC-23 is used commercially in ultra-low temperature refrigerants for vaccines, medical use, and the semiconductor industry, it is also a greenhouse gas that can contribute to global warming.
“Our Louisville site currently captures a majority of HFC-23 process emissions. We’ve also implemented other process improvements to reduce the amount of HFC that gets created,” said Tim Byrd, vice president, operations, Advanced Performance Materials, in a release. “It’s taken us some time to get here, but we are pleased to have initiated this next piece of our emission control plan that will allow us to capture at least 99% of HFC-23 process emissions and move us closer to mee