PCBL Sets Up US Subsidiary to Expand Global Presence

01 Aug 2025 CW Team

PCBL Chemical Ltd has established a wholly owned subsidiary in the United States as part of its strategy to expand its global footprint and strengthen its position in the North American market, the company said in a regulatory filing on Monday.

The new entity, PCBL Chemical USA Inc, has been incorporated under the laws of Delaware and is expected to provide strategic access to key markets, ensure closer proximity to customers, and offer greater insight into the region’s regulatory and incentive frameworks.

According to the RP-Sanjiv Goenka Group firm, localising supply chains for carbon black and speciality chemicals is a critical step in reinforcing PCBL’s status as a global player. Earlier this month, PCBL subsidiary Nanovace Technologies Ltd secured a US patent for its proprietary nanomaterial method used in next-generation energy storage technologies.

For the quarter ended 30 June, PCBL Chemical Ltd reported a 19.7 per cent year-on-year decline in consolidated net profit to Rs 940 million, down from Rs 1.179 billion in the same quarter last year. Revenue from operations dipped slightly to Rs 21.14 billion from Rs 21.43 billion.

Revenue from carbon black stood at Rs 16.64 billion for the quarter, compared to Rs 17.34 billion in the previous year.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..