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Prudential industrial petrochemical business profits soar

 Last Update: 2022-09-26
 Source: Internet
 Author: User

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Sinochem News News recently, Prudential Industries of India released the first quarter report of the 2022-2023 fiscal year

Mukesh Ambani, Chairman and Managing Director of Prudential Industries, said: “Geopolitical conflicts have caused significant disruption in energy markets and disrupted traditional trade flows

In the Polymers business unit, Indian demand grew 9% year-on-year in the quarter, 8% above pre-COVID-19 levels, as economic activity picked up, but margins fell

In the polyester business, the high volatility of raw material prices and high inflation concerns have led to a slowdown in the global intermediate and polyester markets

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