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Indorama Ventures’ profit up 74percent
For the second quarter of 2016 Thailand-based Indorama Ventures’ profit after tax and non-controlling interests rose 74 per cent year-on-year driven by margin recovery in the polyethylene terephthalate (PET) segment and contributions from additional feedstock volumes.
Dow Corning fortifies presence in India
Dow Corning, a successful pioneer in promoting the use of silicones for various applications, is upbeat about the Indian market, and with the intention of staying closer to the market needs of the Indian sectors, has launched its third largest application development centre globally at Powai in Mumbai.
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