The products mentioned are all intended to be applied as a foliar application and are considered bloom-safe unless otherwise noted. The provided tables are intended as a summary; it is up to growers to read and follow the entire pesticide label. Products other than those mentioned may also be safe, legal, and effective. Some of these products may not be registered in certain states. Contact your supplier for further guidance.
Ranjit R. Cirumalla, Batlivala & Karani Securities India Pvt. Ltd., Research Division – Research Analyst [140]
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Thank you. Ladies and gentlemen, thank you for participating in today’s question-and-answer session. I would now like to turn the call back over to management for any closing remarks.
"This is sort of typical for the industry. You start with wildcatters, then the smaller E and Ps move in. Then the big guys move in. We’re seeing it again here. it’s kind of like a neighborhood gets gentrified by the artists before the mainstream moves in," Glickman said.
2 April. Coal India Ltd (CIL)’s e-auction has been low this fiscal with the public sector coal miner having to step up supplies to the power sector, which witnessed 6.96 percent increase year-on-year. CIL didn’t hold any e-auction during October-November, which left the non-regulated sector starving for coal. But, the e-auctions from December fetched high premium for CIL and the company got an average premium of 81 percent over the notified price this fiscal as against 50 percent commanded last fiscal. CIL has been generally pushing 20 percent of its production to the e-auction over the years but this has been below 10 percent of the total production at 61 million tonnes (mt) this fiscal. CIL pushed around 112 mt to the e-auction last fiscal but e-auctions last fiscal did not command as much premium than it commanded this year.
Lastly, while not previously announced, the product line rationalization that occurred in the first quarter was for pieces of our brazed aluminum heat exchanger business that had been produced in China. This was a trial begun five years ago and in that span of time, the business lost at least $1.5 million each year. The capabilities exist in other E&C North American facilities, and therefore, we completed the last order in Q1 and have closed this line.
Angus Bowie, Regional Director MENA for STATS Group, said: “This successful hot tapping and plugging project marks a significant milestone for STATS as it’s the first isolation completed in Kuwait and at the time was the largest BISEPs produced and deployed. However, this has since been beaten by the deployment of a 54” BISEP at a refinery in Abu Dhabi, UAE”.
Okay. So we are seeing softness in the raw material prices as well as ForEx has been more or less stable in the last couple of months. While the industry players are looking at what could be the MRP, we do believe that there could be a correction that could happen.
Some shoppers were put off by the price at first, but most said it was worth the cost as a little goes a long way and each compact usually lasted around six months.
1 April. Zimbabwe’s power utility ZESA Holdings has applied to the energy regulator to raise its tariff by 30 percent for maintenance of its grid and after the price of inputs like diesel went up. Uninterrupted power supplies are especially critical for Zimbabwe’s mining sector, which generates more than half of the southern African country’s export earnings. ZESA said if ZERA (Zimbabwe Energy Regulatory Authority) again refused to sanction a tariff increase, the power company could cut power supplies. Zimbabwe was producing 1,604 MW of electricity from its coal-fired and hydro power plants against peak demand of 2,000 MW, according to ZESA.
Chinese engineering and construction giant Offshore Oil Engineering Company (COOEC) is understood to have been awarded a contract by the Fluor-JGC consortium to provide the majority of modules needed to build two liquefied natural gas trains for the Shell-led LNG Canada project in British Columbia.
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