Latest news with #OCCL
Business Standard
2 hours ago
- Business
- Business Standard
OCCL spurts on likelly boost from anti-dumping duties on Insoluble Sulphur imports
OCCL surged 16.24% to Rs 118.98 after the Indian government has imposed anti-dumping duties on imports of Insoluble Sulphur originating from China and Japan. This decision, formalized through a Gazette notification dated 6 June 2025, is expected to favorably impact OCCL, a leading producer of this critical rubber additive. The Directorate General of Trade Remedies (DGTR) had earlier recommended these duties to counteract the influx of low-priced imports that were undermining local producers. The Ministry of Finance's Department of Revenue has now acted on this recommendation, aiming to curb unfair trade practices and support domestic industry growth. As per the notification, the anti-dumping duty will remain in force for five yearsunless amended, revoked, or superseded earlierand will be payable in Indian currency. While the exact financial implications are yet to be determined, OCCL anticipates a significant positive impact on its performance. The company believes that the duties will help offset the adverse effects of dumped imports. However, it notes that the full extent of the benefits will depend on several factors, including the response from the affected exporting countries and broader geopolitical dynamics. OCCL manufactures Insoluble Sulphur, Sulphuric Acid, and Oleums. Insoluble Sulphur is primarily used as a vulcanising agent in applications requiring sulphur levels beyond the solubility limit of specific elastomers. OCCL produces it in various grades to meet the diverse compounding needs of leading tyre manufacturers. Sulphuric Acid and Oleums serve multiple roles,such as dehydrating agents, catalysts, active reactants, solvents, and absorbentsacross industries including storage batteries, rayon, dyes, detergents, pharmaceuticals, steel, heavy chemicals, and superphosphates, with specific formulations tailored for battery and commercial-grade uses. On a standalone basis, OCCL's net profit surged 66% to Rs 8.7 crore while total income from operations rose 12% to Rs 108.5 crore in Q4 March 2025 over Q3 December 2024.
Business Standard
2 days ago
- Business
- Business Standard
OCCL sees major boost from anti-dumping duties on Insoluble Sulphur imports
The Indian government has imposed anti-dumping duties on imports of Insoluble Sulphur originating from China and Japan. This decision, formalized through a Gazette notification dated 6 June 2025, is expected to favorably impact OCCL, a leading producer of this critical rubber additive. The Directorate General of Trade Remedies (DGTR) had earlier recommended these duties to counteract the influx of low-priced imports that were undermining local producers. The Ministry of Finance's Department of Revenue has now acted on this recommendation, aiming to curb unfair trade practices and support domestic industry growth. As per the notification, the anti-dumping duty will remain in force for five yearsunless amended, revoked, or superseded earlierand will be payable in Indian currency. While the exact financial implications are yet to be determined, OCCL anticipates a significant positive impact on its performance. The company believes that the duties will help offset the adverse effects of dumped imports. However, it notes that the full extent of the benefits will depend on several factors, including the response from the affected exporting countries and broader geopolitical dynamics. OCCL manufactures Insoluble Sulphur, Sulphuric Acid, and Oleums. Insoluble Sulphur is primarily used as a vulcanising agent in applications requiring sulphur levels beyond the solubility limit of specific elastomers. OCCL produces it in various grades to meet the diverse compounding needs of leading tyre manufacturers. Sulphuric Acid and Oleums serve multiple roles,such as dehydrating agents, catalysts, active reactants, solvents, and absorbentsacross industries including storage batteries, rayon, dyes, detergents, pharmaceuticals, steel, heavy chemicals, and superphosphates, with specific formulations tailored for battery and commercial-grade uses. On a standalone basis, OCCL's net profit surged 66% to Rs 8.7 crore while total income from operations rose 12% to Rs 108.5 crore in Q4 March 2025 over Q3 December 2024.
Business Standard
27-05-2025
- Business
- Business Standard
OCCL reports standalone net profit of Rs 8.70 crore in the March 2025 quarter
Sales reported at Rs 107.48 crore Net profit of OCCL reported to Rs 8.70 crore in the quarter ended March 2025 as against net loss of Rs 0.04 crore during the previous quarter ended March 2024. Sales reported to Rs 107.48 crore in the quarter ended March 2025. There were no Sales reported during the previous quarter ended March 2024. For the full year,net profit reported to Rs 21.42 crore in the year ended March 2025 as against net loss of Rs 0.06 crore during the previous year ended March 2024. Sales reported to Rs 306.73 crore in the year ended March 2025. There were no Sales reported during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 107.480 0 306.730 0 OPM % 17.380 - 17.260 - PBDT 18.34-0.05 LP 49.53-0.07 LP PBT 11.39-0.05 LP 28.60-0.07 LP NP 8.70-0.04 LP 21.42-0.06 LP
Yahoo
21-05-2025
- Business
- Yahoo
Western Digital Unveils Open Storage Innovations at Computex 2025
Western Digital Corporation WDC is driving a new era of storage innovation by advancing infrastructure solutions tailored for artificial intelligence/machine learning (AI/ML), software-defined storage (SDS) and disaggregated storage. With a focus on hyperscale cloud service providers (CSPs), enterprises and Storage-as-a-Service (STaaS) vendors, the company's Platforms Business delivers both high-capacity JBODs (Just a Bunch of Disks) and high-performance EBOF (Ethernet Bunch of Flash) NVMe-oF solutions to power intensive data workloads. As AI and data-centric computing evolve, organizations are under increasing pressure to deploy scalable, efficient and sustainable storage systems. To address this demand, Western Digital has announced major enhancements to its Open Composable Compatibility Lab (OCCL), including the launch of OCCL 2.0, the Ultrastar Data102 ORv3 JBOD and the OpenFlex Data24 4100, which feature single-port SSDs and additional SSD qualifications for its OpenFlex Data24 NVMe-oF platform. Western Digital Corporation price-consensus-chart | Western Digital Corporation Quote At Computex, Western Digital introduced the OpenFlex Data24 4100 EBOF, designed for cloud environments using single-port SSDs and system-level mirroring. It joins the Data24 4000 series. The new Ultrastar Data102 3000 ORv3 JBOD, aligned with Open Rack v3 specifications, offers improved efficiency, airflow and manageability. Located in Colorado Springs, the OCCL is a vendor-neutral innovation hub designed to accelerate industry-wide adoption of open, fabric-attached storage and SDS solutions. OCCL 2.0 introduces new capabilities such as comprehensive solutions architecture guidance for deploying disaggregated infrastructure, best practice frameworks for maximizing storage efficiency and benchmarking tools for evaluating SSD partner performance. With these updates, OCCL 2.0 aims to deepen collaboration with ecosystem partners while helping customers reduce deployment risks, improve interoperability and build future-ready infrastructure. The lab continues to play a pivotal role in shaping the next generation of composable architectures, with a growing list of ecosystem collaborators that includes Arista Networks, Broadcom, DapuStor, Graid Technology, Ingrasys, Intel, Kioxia, MinIO, NVIDIA, OSNexus, PEAK:AIO, Phison, SanDisk, ScaleFlux, ThinkParQ/BeeGFS and Xinnor. As the industry moves away from proprietary models, Western Digital's OCCL 2.0 strengthens its leadership in creating flexible, open ecosystems that meet the performance, efficiency and scale demands of modern data infrastructure. Management expects the proliferation of generative AI-driven storage deployments to result in a client and consumer device refresh cycle and boost content growth in smartphone, gaming, PC and consumer in the long run. Increasing AI adoption is likely to drive increased storage demand across both HDD and Flash at the edge and core, thereby providing ample business opportunities. As demand grows, high-bandwidth memory (HBM) becomes key for AI servers, while NAND flash remains vital for storage, powering SSDs for text, images and videos. Gen AI adoption is driving eSSD sales due to its speed, reliability and efficiency over HDDs. Growing AI data boosts demand, fueling eSSD market growth and reshaping storage. Western Digital currently carries a Zacks Rank #5 (Strong Sell). Shares of the company have lost 31.4% in the past year compared with the Zacks Computer- Storage Devices industry's decline of 31.5%. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are TaskUs, Inc. TASK, SAP SAP and Teradata Corporation TDC. TASK sports a Zacks Rank #1 (Strong Buy) while SAP and TDC carry a Zacks Rank #2 (Buy). TaskUs' earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, with the average surprise being 6.39%. In the last reported quarter, TASK delivered an earnings surprise of 18.75%. Its shares have soared 11.8% in the past year. SAP's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.14%. In the last reported quarter, SAP delivered an earnings surprise of 8.63%. The company's long-term earnings growth rate is 10.2%. Its shares have surged 53.4% in the past year. Teradata's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters with the average surprise being 24.63%. In the last reported quarter, TDC delivered an earnings surprise of 15.79%. Its shares have declined 31.1% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Western Digital Corporation (WDC) : Free Stock Analysis Report SAP SE (SAP) : Free Stock Analysis Report Teradata Corporation (TDC) : Free Stock Analysis Report TaskUs, Inc. (TASK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Channel Post MEA
20-05-2025
- Business
- Channel Post MEA
Western Digital Displays Wide Range of Storage Solutions at Computex 2025
Western Digital is redefining what's possible in storage infrastructure for AI/ML, disaggregated storage and software-defined storage (SDS) for CSPs, enterprises and STaaS providers. From massive-capacity, reliable JBODs (Just a Bunch of Disks) to ultra-fast EBOF (Ethernet Bunch of Flash) NVMe-oF disaggregated storage solutions for AI, the company's Platforms Business delivers world-class HDD- and SSD-based solutions that power today's most demanding workloads. As AI, ML and data-heavy workloads continue to accelerate, organizations face growing pressure to build flexible storage infrastructures that are scalable, efficient and sustainable. Traditional systems may struggle to keep pace with modern demands. Giving customers the flexibility to scale and the freedom to avoid vendor lock-in, Western Digital is announcing the expansion of the company's Open Composable Compatibility Lab (OCCL); a new Ultrastar Data102 ORv3 JBOD and a OpenFlex Data24 4100 with single-port SSDs; as well as new SSD qualifications for its OpenFlex Data24 NVMe-oF storage platform. Open Lab. Smarter Infrastructure. OCCL 2.0 is Here. Western Digital's Open Composable Compatibility Lab (OCCL) in Colorado Springs accelerates industry-wide interoperability for fabric-attached devices and software-defined storage. Designed for CSPs and enterprise customers, the OCCL serves as a vendor-neutral proving ground to simulate real-world environments and workloads—providing critical insights into system compatibility, interoperability, energy efficiency, and performance optimization. For modern NVMe-oF architectures, OCCL provides testing across disaggregated compute, storage and networking to help customers scale more efficiently, reduce costs, and deploy with greater confidence. Key enhancements include: Solutions Architectures : OCCL 2.0 will generate detailed solutions architectures, offering guidance on deploying and managing composable disaggregated infrastructure effectively. : OCCL 2.0 will generate detailed solutions architectures, offering guidance on deploying and managing composable disaggregated infrastructure effectively. Disaggregated Storage Best Practices : OCCL 2.0 will highlight best practices for disaggregated storage, helping organizations to maximize efficiency and scalability. : OCCL 2.0 will highlight best practices for disaggregated storage, helping organizations to maximize efficiency and scalability. Industry Expertise : OCCL 2.0 will continue to be a source of thought leadership, sharing strategic insights and innovations in the field of composable infrastructure. : OCCL 2.0 will continue to be a source of thought leadership, sharing strategic insights and innovations in the field of composable infrastructure. SSD Partner Benchmarking: OCCL 2.0 will include comprehensive results from benchmarking tools to evaluate the performance of SSD partners, ensuring optimal storage solutions. These advancements will further solidify OCCL's role as a leading lab in the industry for creating partnerships with customers and suppliers, benchmarking for establishing architectural control points, and driving forward the adoption and implementation of new open ecosystems to replace proprietary architectures. OCCL 2.0 growing list of ecosystem participants include: Arista Networks, Broadcom, DapuStor, Graid Technology Inc., Ingrasys, Intel, Kioxia, MinIO, NVIDIA, OSNexus, PEAK:AIO, Phison, Sandisk, ScaleFlux, ThinkParQ Gmbh/BeeGFS, and Xinnor. New Product Enhancements for Cloud and Enterprise Workloads At Computex, Western Digital is also introducing the new OpenFlex Data24 4100 EBOF to its Data24 4000 series, complementing the already available Data24 4200 dual-port SSD model. The Data24 4100 is designed for cloud-like environments where high availability is not a primary requirement. It uses single-port SSDs where performance is optimized via a single connection to each SSD and redundancy is provided by mirroring the storage system. This new addition ensures that customers have access to the best options for optimizing their storage infrastructure. The Data24 4100 is expected to be available in CQ3 2025. The new Ultrastar Data102 3000 ORv3 JBOD is designed to meet the increasing data demands of cloud data centers. In alignment with the broader Open Compute Project (OCP) initiative, the Data 102 3000 ORv3 is designed to meet the Open Rack v3 (ORv3) specification, which focuses on rack design and power supply regulation. Complying with Rack Geometry Option 1, this future-ready solution is designed to deliver improved power efficiency, better airflow, and enhanced system manageability over the prior generation design. Additionally, the ORv3 version of the Ultrastar Data 102 3000 leverages common building blocks from the 3000 series such as controllers, enclosures, and Customer Replaceable Units (CRUs), and complies with FIPS 140-3 Level 3 and TAA standards, making it a robust and reliable choice for modern data centers. The Data 102 3000 is expected to be available in CQ4 2025. Flexibility and Choice: Now Qualifying Multiple SSD Vendors Western Digital's Platforms business now offers customers enhanced flexibility and choice in building their storage infrastructure. By supporting a multi-SSD vendor strategy, Western Digital has currently qualified SSDs with leading providers such as DapuStor, Kioxia, Phison, Sandisk and ScaleFlux with additional vendors in the qualification process. This approach empowers both Western Digital and its customers to leverage preferred suppliers while optimizing for performance, cost, and supply chain resilience. By qualifying multiple SSD vendors, Western Digital ensures that customers have access to the best possible options for their storage infrastructure, reinforcing its commitment to innovation and excellence in the industry. 'As workloads grow more complex and AI accelerates infrastructure demands, the future will be defined by those who can scale smarter, move faster, and deploy with confidence,' said Owais Mohammed, Sales Director, IMEA of Western Digital. 'With OCCL 2.0 and our latest Platform innovations, we're not just keeping up—we're setting the pace for what modern, disaggregated, and software-defined data centers can achieve. We remain deeply committed to enabling open, flexible architectures that empower customers to build scalable infrastructure tailored to their evolving data needs.' Meet Western Digital at Computex: Experience the Future of Data Infrastructure Visit Western Digital at Computex in Taipei. Find us at booth J1303a in Hall 1 Storage and Management Solutions at the Taipei Nangang Exhibition Center from May 20-23. Western Digital's OpenFlex Data 24 NVMe-oF data storage platform, RapidFlex NVMe-oF controllers, Ultrastar Data102 hybrid storage platform and the Ultrastar Transporter will be on display. 0 0
