Methanol prices are noted to increase every day, which has impacted the rate of Formaldehyde. As per industry report, Formaldehyde has registered the highest jump in market, which has disturbed the manufacturing of High Pressure Laminate.
Indian Laminate Manufacturers Association has issued an advisory pertaining to the impact of raw material cost inflation on different thickness of laminate sheets amidst ongoing war situation in Middle-East involving Iran.
Manilam Industries seeks to raise Rs 39.95 crore through its SME IPO to fund capital expenditure and working capital. The IPO opened for subscription on February 20, and bidding will close on February 24.
Stylam Industries Limited, a specialized manufacturer of high-performance Laminates and surface solutions, listed on BSE and NSE, has signed a definitive share purchase agreement under which Aica Kogyo Company Limited (‘Aica’), Japan will acquire 40%