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Laxmi Organic IPO is slated to hit capital markets next week — price band set at ₹129-130 a share

The three-day public issue will begin on March 15 and close on March 17.Laxmi Organic is currently among the largest manufacturers of ethyl acetate in India, ....

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DIC and Jindal Poly Films Reached a Consensus to Collaborate in the Area of Functional CPP Films in India

DIC Corporation
DIC and Jindal Poly Films Reached a Consensus to Collaborate in the Area of Functional CPP Films in India
Thursday, January 28, 2021 10:46AM IST (5:16AM GMT)
Alliance will leverage the competitive resources of both DIC and Jindal to meet rising needs for sustainable food packaging in India

TOKYO, Japan:

DIC Corporation (TOKYO: 4631) has for some time been exploring the possibility of an alliance with India’s Jindal Poly Films Limited, one of the world’s largest manufacturers of biaxially oriented polypropylene (BOPP) film, with the aim of helping to foster a market for functional cast polypropylene (CPP) film in India. Today, DIC announced that the two companies have reached a consensus to collaborate in this area. ....

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The Worldwide Ceramic Tiles Industry is Expected to Reach $285.1 Billion by 2025

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The global ceramic tiles market is projected to grow from USD 207.7 billion in 2020 to USD 285.1 billion by 2025, at a CAGR of 6.5% during the forecast period.
The ceramic tiles market has been growing due to growth in population, rise in disposable income, growth in renovation & remodeling activities, and increase in investments in the residential and commercial sectors.
In terms of value & volume, porcelain tile is projected to lead the ceramic tiles market in 2019
The porcelain segment is projected to lead the ceramic tiles market, in terms of both value & volume, during the forecast period. Porcelain tiles are ceramic tiles having a water absorption rate of 0.5% or lower as defined by the American Society for Testing and Materials (ASTM) section C373. Porcelain tile is generally made by the dust pressed method from porcelain clays, which result in a tile that is dense, impervious, ....

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