India's Balaji Amines slides as Middle East war disrupts ammonia supply
** Shares of Balaji Amines BAMN.NS down 2.9% to 1005.5 rupees, set for third weekly fall ** Specialty chemicals maker points to significant logistics disruptions in procurement of ammonia, a key raw material ** Co says Middle East war disrupted LNG supply, a key input for ammonia production ** Adds, some of its plants are presently non-operational, cannot currently estimate financial impact of ammonia ** YTD, BAMN down about 11% (Reporting by Anuran Sadhu in Bengaluru) ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
Recent news on Balaji Amines
See all newsBrief: Balaji Amines Sept-Quarter Consol Net Profit 672.7 Million Rupees
Brief: Balaji Amines Commences Commercial Production At Acetonitrile Plant In Solapur
Brief: Balaji Amines Says Commercial Production Of Dimethyl Ether Commenced At Unit-Iv, Solapur
Brief: Balaji Amines Ltd Says Commissioning Of Commercial Production Of New Dimethyl Ether Plant
India's Balaji Amines hits over nine-month high after Q4 results