Production of petroleum products by Oil's Refineries during April, 2021 was 20525.69 TMT (thousand million tonne) which is 0.97 per cent higher than the target for the month and 31.04 per cent higher than the production during April, 2020.
CEO Martin Brudermueller told Reuters that BASF, whose chemicals and plastics go into items including cars, furniture and construction materials, has benefited from purchasing activity amid lockdowns.
The global chemical industry has been dealt a series of blows from closures related to Covid-19 pandemic, demand destruction and logistical challenges, the report said.
German chemicals giant BASF expects to eke out some profit growth in 2019 as it banks on business to perk up with car production in the latter half of the year and on benefits from ongoing cost cuts.
India is likely to extend the deadline for imposing retaliatory customs duties on 29 US products, including almond, walnut and pulses, by another 14 days, a source said. The commerce ministry is expected to recommend to the revenue department, under the finance ministry, to extend the deadline for imposing higher tariffs. The current deadline will end on May 2.
The trade deficit stood at USD 15.67 billion in January 2018.
Imperial Oil, which is majority owned by Exxon Mobil Corp , said its downstream net income rose to C$201 million from C$78 million, a year earlier. Chemical net income rose about 22 percent to C$78 million.
Imports were up 21.76 per cent to $33.38 billion, leaving a trade deficit of $8.89 billion as against $6.57 billion in February last year.
Hyundai Glovis, an affiliate of Hyundai Motor Co, said the investment is to expand its business of shipping finished cars, and is planned to be completed by December 27, 2017.
Hyundai Motor India Ltd (HMIL) has set record sales in 2014 at over 4.10 lakh units, the company said in a statement.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Joerg Matthias Grossmann | Unlock to View | Unlock to View | Director | 17 Mar,2015 |
| Carl Posluszny | Unlock to View | Unlock to View | Director | 23 Feb,2015 |
| Vishal Almal | Unlock to View | Unlock to View | Director | 13 Jan,2014 |
| Georg Graf | Unlock to View | Unlock to View | Director | 01 Jun,2009 |
| Devanir Lameiras Moraes | Unlock to View | Unlock to View | Director | 20 Jan,2009 |
A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-
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