BR Research - Chemicals

GLAXO: bullish despite challenges

GLAXO: bullish despite challenges

Those who say ‘no good deed goes unrewarded’ have surely not paid attention to Pakistan’s pharma industry. For years, MNC players such as GlaxoSmithKline (PSX:...

Lotte’s jump in profits

Lotte’s jump in profits

Lotte has posted strong financials for 1HCY18 with the bottom line nearly quadrupling YoY. The jump in profits was driven almost entirely from higher international...

FFC rallies on price increase

FFC rallies on price increase

The heydays of fertilizer’s dominance looked over last year. Depressed urea prices subdued sector profitability despite double-digit growth in off-take. But CY18 seems to be...

Archroma’s eroding margins

Archroma’s eroding margins

Sometimes top-line growth doesn’t lead to higher profitability, as in the case of Archroma Pakistan. In the first quarter of the financial year (the company’s...

Urea off-take slows in June

Urea off-take slows in June

The monthly urea off-take for June 2018 slid by a massive 43 percent year-on-year, as per the latest statistics released by the National Fertilizer Development...

Chemical’s contradictory trends

Chemical’s contradictory trends

Despite an increasing contribution to exports, Pakistan’s nascent chemical sector is on a downturn. A small part of the economy, with a weight of 1.7...

Decline is sulphuric acid production

Decline is sulphuric acid production

Pakistan is mostly self-sufficient in the production of inorganic chemicals such as sulphuric acid, with the surplus exported as well. Used by several industries, from...

Setting up the basics – chemical sector

Setting up the basics – chemical sector

When Nehru became the first Prime Minister of India, he undertook a number of measures to support India’s import substitution policies that helped set up...

PET Exports – winsome, lose some

PET Exports – winsome, lose some

The latest episode in the exports of PET to the EU marks another victory for Pakistan as the WTO rejected the appeal and decided in...

ICI continues its growth trajectory

ICI continues its growth trajectory

ICI continued its double digit growth path for the current financial year with higher revenue across all business divisions except chemicals & agri science business....