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JosephineLynch
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
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JosephineLynch
Release Time:2024-06-13
Meghmani Finechem Q4 FY21 revenue grows 115%
Meghmani Finechem Limited revenues for FY21 have grown by 115% YoY, driven by higher sales of Chlor-Alkali (up 98%) and Derivatives (up 183%). The company has delivered a strong operating and financial performance despite a challenging environment on account of the Covid pandemic. EBITDA margin expansion of 600 bps to 31% and EBITDA is165% higher at Rs. 80 crores. FY21 revenues are 36% higher at Rs. 829 crores. Stable EBITDA margin of 32% driven by higher production and cost-efficient operations. Cash profit 12% higher at Rs. 174 crores and PAT is at Rs. 101 crores. In FY 21, the company achieved 100% capacity utilization of chloromethanes within 2 years of operations whereas Caustic Soda and Caustic Potash operated at 80% and 83% capacity utilisation, respectively. The company has achieved 57% capacity utilisation of Hydrogen Peroxide in the first year of operations and has successfully commissioned phase 2 of the Caustic Soda plant. The company is in the proc...
Detail >
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how long does pvc plumbing last
JosephineLynch
SusannaMorris
Release Time:
April 21, 2024, 9:12 AM
The waiting time after gluing PVC pipe largely depends on the type of cement used and the conditions under which it is applied. For most standard PVC pipe projects, manufacturers recommend a set time of about 15 minutes for handling strength, and a curing time of 24 hours for the joint to reach maximum strength. However, this can vary based on the humidity, temperature, and size of the pipe. Higher humidity and temperatures can accelerate the curing process, while larger pipes might require longer curing times. It’s essential to consult the instructions on your specific PVC cement for the best results. Rushing the process can lead to weak joints that may fail under pressure, so patience is key.
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