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GHCL announces demerger of textiles biz
GHCL, India’s leading Chemical & Textile Company, post its board meeting today, announced an Interim Dividend of Rs 3 per equity share for the financial year 2019-20.The record date for the purpose of Interim Dividend is fixed on March 26, 2020.
Filc is part of Freudenberg Group
Effective December 31, 2019, Freudenberg, the global technology group acquired 100 percent of Filc shares. The purchase agreement was signed in November.
2 new production lines of LANXESS on stream
At its site in Brilon, Germany, Bond-Laminates GmbH – a wholly owned subsidiary of speciality chemicals company LANXESS – has commissioned two new production lines for Tepex continuous-fibre-reinforced thermoplastic composites.
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