Sodium Bicarbonate Market
May 2023
Tata Chemicals Ltd. of India reported a 62% increase in fourth-quarter profit on Wednesday, boosted by the demand for goods including sodium bicarbonate, salt, and soda ash. The chemical manufacturer's consolidated net profit increased from 4.38 billion rupees a year earlier to 7.09 billion rupees ($86.7 million) in the three months ending March 31.
India, the sixth-largest chemical producer in the world, has experienced significant development as a result of numerous nations and businesses seeking out substitute suppliers as a result of China's leading supplier's COVID-related supply chain concerns.
More than 85% of income comes from the basic chemical products segment, which had a 31.7% increase in sales while input costs declined 12.1% to 6.30 billion rupees. Products from basic chemistry, such as sodium bicarbonate, salt, soda ash, and marine chemicals, are commonly utilized in products like paints, detergents, and insecticides.
May 2023
CURAD, a Medline brand and top supplier of premium consumer medical products, has introduced ARM & HAMMER Baking Soda (sodium bicarbonate) is directly absorbed into the wound pad and bandage surface. Church & Dwight Co., Inc. owns the ARM & HAMMER trademarks, which Medline uses under license.
ARM & HAMMER Baking Soda, which helps neutralize and lessen wound odor, and soothes small cuts, scrapes, and even insect stings, is infused into bandages. of a four-sided seal to keep dirt and germs out and an additional layer of cellulose to assist in absorbing excess drainage, adhesive pads are designed of pillow-soft material to cover, cushion, and protect.
Key Companies in the Sodium Bicarbonate market include
- Tosoh Corporation
- ÅžiÅŸecam Group
- Solvay SA
- AGC Inc
- Church & Dwight Company
- Novacap
- Bashkir Soda Company
- Kazan Soda Elektrik
- Ciner Group
- Tata Chemicals
- Natural Soda
- Ciech Group
March 2023 saw Natural Soda announce that they have acquired a Sodium Bicarbonate production facility within the United States. The company expects this acquisition will raise its productive capacity by a quarter (25%).
Solvay announced in February 2023 an expansion plan for more sodium bicarbonate production capacity situated within Europe to cater to different industries’ growing needs that require this chemical compound. The investment is also aimed at consolidating its presence on the market while ensuring better service delivery based on increased customer satisfaction levels arising from such moves being made.
Church & Dwight unveiled new baking soda product line-ups during February 2023, which include baking soda powder cream tartar among others.
September 2022 saw Tata Chemicals come up with the latest food-grade Sodium Bicarbonate product meant specifically for use within the food industry because it has been developed having taken into consideration very high-quality standards demanded by this sector apart from offering more benefits while applied in various food processing operations