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48 CHAPTER - IV PROFILE OF SELECTED DYES AND PIGMENT INDUSTRIAL UNITS 4.1 ASIAN PAINTS LIMITED, ANKLESHWAR Fig. 4.1 Asian Paints Limited, Ankleshwar

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CHAPTER - IV

PROFILE OF SELECTED DYES AND PIGMENT INDUSTRIAL UNITS

4.1 ASIAN PAINTS LIMITED, ANKLESHWAR

Fig. 4.1

Asian Paints Limited, Ankleshwar

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4.1.1 INTRODUCTION

Asian Paints Limited is India's largest paint company and the third

largest paint company in Asia today, with a turnover of Rs 36.7 billion

(around USD 851 million). The company has an enviable reputation in

the corporate world for professionalism, fast track growth, and

building shareholder equity. Asian Paints Ltd. operates in 21

countries and has 29 paint manufacturing facilities in the world

servicing consumers in over 65 countries.

The company has come a long way since its small beginnings in 1942.

Four friends were willing to take on the world's biggest, most famous

paint companies operating in India. Over the course of 25 years Asian

Paints Ltd. became a corporate force and India’s leading Paints

Company.

Asian Paints Ltd. operates in 22 countries across the world. It has

manufacturing facilities in each of these countries and is the largest

paint company in ten overseas markets.

4.1.2 HISTORICAL BACKGROUND

1st February, 1942

Mr. Champaklal H. Choksey, Mr. Chimanlal N. Choksi, Mr. Suryakant

C. Dani and Mr. Arvind R. Vakil get together to manufacture paint in a

garage on Foras Road, Bombay. They name their company 'The Asian

Oil and Paint Company', a name that they picked randomly from a

telephone directory.

1945:- Asian Paints touches a turnover of Rs. 3, 50,000, with an

innovative marketing strategy ‘to reach consumers in the remotest

corners of the country with small packs.

1954:- Asian Paints mascot, Gattu, the mischievous kid, is born.

1957-66:- The family-owned company makes the transition to a

professionally managed organization. British company Balmer Lawrie

rejects the products of a giant British paint company in favour of

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Asian Paints. Asian Paints embarks on an ambitious grassroots

marketing campaign part.

1967:- Asian Paints emerges as India's leading paint company ahead

of any international competition.

Today :- Asian Paints becomes the 10th largest decorative paint

company in the world. Asian Paints is more than twice the size of its

nearest competitor. It is recognized as one of the most admired

companies in India and abroad.

Rated best employer by BT-Hewitt survey, 2000 bluest of the blue

chips by Hindu Business Line, most admired company to work for by

ET-BT survey, 2000. On the recommendations of Booz, Allen and

Hamilton, Asian Paints restructured itself into growth, decorative and

international business units. Asian Paints aims to become the 5th

largest decorative paint company in the world.

4.1.3 VISION AND MISSION

1. The company will become a global leader in the pigment and

allied industries.

2. The company will maintain and improve upon Asian brand

name, and will create Asian brand awareness in International

markets through export of quality products.

3. Asian Paints Limited, a share holder driven company, will

emphasis on the quality of business rather than the size of the

business, maintain profit related growth policy, implement

corporate governance, regard shareholder wealth creation to be

the key driver of all actions and policies of the company and its

people.

4. The company is committed to providing a safe environment to

all its employees and safety capability of plants.

5. The company will take responsible care of the surrounding

environment.

6. The company will focus on resource conservation and reduction

in generation of hazardous wastes.

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4.1.4 ASIAN PAINTS LIMITED AT A GLANCE

1. Year of Incorporation : 1972

2. Registration Number : 04598

3. Nature of Industry : Pigment (Paints)

4. Type of Organisation : Public Limited Company

5. Size of Industry : Large Scale

6. Chairman : Mr. Ashwin Choksi

7. Email Address : [email protected]

8. Name of Website : www.asianpaints.com

9. Nature of Activity : Manufacturing, Sales and Export of

Synthetic Paints (Pigment)

10. Company Secretary : Mr. Jayesh Merchant

11. Auditors : (1) Shah and Co. (C. A.)

(2) BSR and Associate (C. A.)

12. Bankers : (1) ICICI Bank Limited

(2) HDFC Bank Limited

(3) State Bank of India

13. Registrar and Share Transfer Agent

(a) Sharepro Services (India ) Pvt. Limited

Satam Estate, 3rd floor, Above Bank of Baroda,

Cardinal Gracious Road, Andheri (East) Mumbai 400099

(b) Sharepro Services ( India ) Pvt. Limited

912, Rahja Centre, Free Press Journal Road,

Nariman point, Mumbai 400021.

Financial Data of the Year 2008-09

14. Turnover (Including Other Income) : 433,011.00 Lacs

15. Total Expenditure : 377,633.00 Lacs

16. Profit before Tax : 54,788.00 Lacs

17. Profit after Tax : 36,431.00 Lacs

18. Earnings per Share : Rs. 37.78

19. Listing on Stock Exchanges

(1) National Stock Exchange Limited, New Delhi

(2) Bombay Stock Exchange Limited, Mumbai

(3) Singapore Stock Exchange Limited, Singapore

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4.1.5 REGISTERED OFFICE

Asian Paints Limited

6A, Shantinagar, P.O. Box no.6818

Vakola Pipeline Lane, Vakola, Santacruz (East)

Mumbai-4000552

4.1.6 PLANT LOCATION

(1) Plot no. 2602, GIDC Industrial Area,

Ankleshwer, 393002 (Gujarat)

(2) Plot no. 2702, GIDC Industrial Area,

Ankleshwer, 393002 (Gujarat)

(3) GIDC Industrial Area, Sarigam

Ta : Umergam, Dist : Valsad (Gujarat)

4.1.7 PRODUCTS OF THE COMPANY

Product of company is given below.

1. Ancillaries

1. Asian Paints Deco prime Wall Primer WT

2. Asian Paints Deco prime Wall Primer ST

3. Asian Paints Acrylic Wall Putty

4. Asian Paints Exterior Wall Putty

5. Asian Paints Wood Primer

6. Asian Paints Exterior Wall Primer

2. Automotive

One of the best automotive refinish systems available in the

world with Asian Paints. More than 40000 shades are available

with the company.

3. Decorative Product

There are variety of Decorative Product are available with the

company.

1. Distempers

2. Emulsions

3. Enamels

4. Exteriors

5. Interiors

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4.2 ATUL LIMITED, ATUL

Fig. 4.2

Atul Limited, Atul

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4.2.1 INTRODUCTION

Atul Ltd. is a member of Lalbhai Group, one of the oldest business

houses of India, with interests mainly in dyes, chemicals and textiles.

It’s headquarter is in Atul, Dist.: Valsad. Its manufacturing facilities

are at Atul, Ankleshwer in Gujarat and Tarapur in Maharashtra. The

group is strongly committed to serve the society in the fields of

education, health as well as culture.

4.2.2 HISTORICAL BACKGROUND

It was incorporated in 1947, Atul Ltd. (formerly Atul Products Ltd.)

was founded by Kasturbhai Lalbhai with a dream to make India self

reliant in chemicals generate employment on a large-scale and create

wealth for the society. Atul Ltd. became the first private sector

company of India to be inaugurated by Jawaharlal Nehru, the first

Prime Minister of the country. The company thus commenced its

business with just a few dyestuffs, the know-how of which was

brought from foreign companies.

Over the years, Atul Ltd. joined hands with American Cyanamid

Corporation (1952), Imperial Chemical Industries plc (1955) and Ciba-

Geigy Ltd. (1960) to form respectively 3 joint venture companies,

namely, Cyanamid India Ltd., Atic Industries Ltd. and Cibatul Ltd.

respectively. Atic Industries Ltd. and Cibatul Ltd. were merged into

Atul Ltd. in 1995 and 1998 respectively.

4.2.3 VISION AND MISSION

Atul limited is a dyes and chemical company committed to creating

wealth for all their stakeholders by:

1. Having people who practices values and high standards of

behavior.

2. Providing high quality products and services and becoming the

most preferred supplier.

3. Seeking sustained and dynamic growth by innovative

application of science and technology.

4. Taking responsible care of the surrounding environment.

5. Improving the quality of life in the countries, they operate in.

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4.2.4 ATUL LIMITED AT A GLANCE

1. Year of Incorporation : 1947

2. Registration Number : 2859

3. Type of Industry : Dyes and Intermediates

4. Type of Organisation : Public Limited Company

5. Size of Industry : Large Scale

6. Chairman : Mr. A.N. Lalbhai

7. Email address : [email protected]

8. Name of Website : www.atul.com

9. Nature of Activity : Manufacturing and Exporting of Dyes and

Intermediates

10. Company Secretary : Mr. T. R. Gopi Kannan

11. Auditors : Dalal and Shah (C. A.)

Cost Auditors : R. Nanabhoy and Co.

12. Bankers (1) State Bank of India (2) ICICI Bank

(3) Bank of Baroda (4) Karur Vysya Bank

(5) Bank of India (6) Uco Bank

(7) UTI Bank (8) Export Import Bank of India

(9) AXIS Bank

13. Registrar and Share Transfer Agent

Pinnacle Share Registry Private Ltd.

Near Ashoka Mills, Naroda Road,

Ahmedabad 380 025

Financial Data of the Year 2008-09

14. Turnover (Including Other Income) : 119394.91 Lacs

15. Total Expenditure : 114825.89 Lacs

16. Profit before Tax : 4569.02 Lacs

17. Profit after Tax : 3557.44 Lacs

18. Earnings per Share : Rs. 12.77

19. Listing on Stock Exchanges

(1) Ahmedabad Stock Exchange Limited, Ahmedabad

(2) Bombay Stock Exchange Limited, Mumbai

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4.2.5. REGISTERED OFFICE AND OTHER OFFICES

Atul Ltd., Ashoka Chambers,

Ellisbridge, Ahmedabad-380 006, India.

Telephone: (91 - 79) 26461294, 26460520, 26463706

Head Office

Atul Ltd. (Head Office) Atul - 396 020 District: Valsad, Gujarat, India

4.2.6 PLANT LOCATION

Atul, Dist.: Valsad

Ankleshwer, GIDC, Dist.: Bharuch.

4.2.7 PRODUCTS OF THE COMPANY

1. Colours / Dyes

Domestic International

Atul Acid Acid Dyes

Atul Direct Direct Dyes

Atul Sulphur Disperse Dyes

Dermat Leather Dyes

Duratic Naphthol and Dyes

Novatic Optical Brightners

Procion Reactive Bifunctional / VS Dyes

Solatic Reactive Cold Brand Dyes

Tulabase Reactive Hot Brand Dyes

Tulactiv Reactive Printing Dyes

Tuladir Solubilised Vat Dyes

Tularevs supra Sulphur Dyes

Tulasteron Vat Dyes

Tulathon

2. Agrochemicals

• Herbicides

• Fungicides

• Insecticides

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3. Aromatics

Key Product Perfumery Grades

Para Cresol 99% Para Anisic Aldehyde

Para Anisic Aldehyde Para Anisyl Alcohol

Para Anisyl Alcohol Para Anisyl Acetate

Para Cresidine Para Cresyl Methyl Ether

Meta Para Cresol Para Cresyl Acetate

Ortho Cresol Para Cresol

Para Cresyl Methyl Ether

Inorganics New Additions

Manganese Sulphate Powder Anisole

Sodium Sulphite Ortho Methoxy Toluene

Liquid Sulphur Dioxide Para Methoxy Acetophenone

Oleum 65% Para Toluene Sulphonic Acid

Oleum 25%

Sulphuric Acid 98%

4. Bulk Chemicals and Intermediates

Bulk Chemicals

Semi Specialty Intermediates

Chlorosulfonic Acid p-Hydroxy Benzoic Acid

Caustic Soda Lye 48% Resorcinol

Caustic Soda Lye 32% Products Developed

Liquid Chlorine Resorcinol dimethlyether

Sulphuric Acid 98% Products Under Development

Oleum 25% p-Cyanophenol

Oleum 65% 1,3-Cyclohexanedione

Sodium Sulphide Lye 20% Benzophenone-12

Sodium Sulfite 4-Hexylresorcinol

Potassium Sulfate

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6. Pharmaceuticals and Intermediates:

Chloroformates Ureas

Isocyanates Bulk Actives

NCA Acyclovir USP

Carbonate and Dicarbonate Dapsone

Chloride Roxithromycin EP

Others Bethanechol chloride USP

Polymers

Bisphenol A Based Epoxy Resins Linear Aliphatic Amines and Adducts

Bisphenol F Based Epoxy Resins Cycloaliphatic Amines, their Adducts and Polyaminoamides

Multifunctional Epoxy Resins Formulated Anhydrides

Cycloaliphatic Epoxy Resins Reactive Diluents

Brominated Epoxy Resins Formaldehydes

LAPOX Curing Agents Formaldehyde (37%) and (43%)

Phenalkamines Urea Formaldehyde

Aromatic Amines : Modified LAPOX Epoxy Systems

Aromatic Amines : Unmodified Adhesives

Floras

• Geraniol ex-palmarosa(95% - 99% purity)

• Patchouli Oil Safed Musli (Chlorophytum borivilianum)

• Henna (Law sonia inermis)

• Basil (Ocimum spp.)

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4.3 BHAGERIA DYE

Bhageria Dye

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BHAGERIA DYE-CHEM LIMITED

Fig. 4.3

Bhageria Dye-Chem. Limited, Vapi

CHEM LIMITED, VAPI

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4.3.1 INTRODUCTION

Bhageria Dye-Chem. Limited is a dyes and intermediate industry

situated at Vapi Industrial area, Ta: Pardi, Dist.: Valsad. The main

business of the company is manufacturing and sales of dyes, dye

intermediates required for dye manufacturers and chemicals. The

company is also engaged in merchant export of related items. The

main thrust of the company is on export, which constitute around

80% of total sales of the company. The company is a ‘Recognized

Export House’.

4.3.2 HISTORICAL BACKGROUND

Bhageria Dye-Chem. Limited was established in 1989 with an

objective to serve the dyes and intermediates industry all over the

globe. Company commenced its operations by setting up a Vinyl

Sulphone plant at Vapi (Gujarat) with capacity of 540 T.P.A. which

has now expanded to 3600 T.P.A. Subsequently, company has gone

for further expansion in other dyes intermediates and dyestuffs. The

company successfully incorporates the innovative trends, total quality

management and proficiency in work process through advanced

research and analysis. Bhageria has made significant strides in the

field of dyes intermediates and other related products since its

inception. Nearly 80% of its production is being exported worldwide to

various clients including multinationals.

Its products are being exported to Korea, Japan, Taiwan, China, and

Germany, U.S.A and other European and African countries. Today

Bhageria Dye Chem. is one of the largest manufacturer and exporter

of intermediates and dyes.

4.3.3 VISION AND MISSION

Bhageria, a customer driven company, will continuously improve

upon the services rendered to customers, meet customers’ needs in

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the shortest lead time, develop new dyes and intermediate for newer

application areas. It will continue to enjoy privileged status as a

preferred supplier.

Bhageria, a shareholder driven company, will remain focused in the

areas of its core competency, emphasis on the quality of business

rather than the size of the business, maintain profit related growth

policy, implement corporate governance, regard shareholder wealth

creation to be the key driver of all actions and policies of the company

and its people.

Bhageria, a brand driven company, will maintain and improve upon

Bhageria brand name, and will create Bhageria brand awareness in

international markets through export of quality products.

Bhageria, a people driven company, will train, empower and create a

superior pool of intellect, capable of leading its innovation drive.

Bhageria, an environment friendly company, will continue to adhere to

environment friendly manufacturing process and set new standards in

fighting pollution.

Bhageria will focus on consistency, quality, efficiency, and integrity

with transparency.

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4.3.4 BHAGRIA DYE-CHEM. LIMITED AT A GLANCE

1. Year of Incorporation : 1989

2. Registration Number : 11-52574

3. Type of Industry : Dyes and Intermediates

4. Type of Organisation : Public Limited Company

5. Size of Industry : Large Scale

6. Chairman : Mr. Suresh Bhagria

7. Email Address : [email protected]

8. Name of Website : www.bhageriagroup.com

9. Nature of Activity : Manufacturing and Exporting of Dyes and

Intermediates

10. Company Secretary : Shri Ramesh Chamadia

11. Auditors : M/s. Sarda and Pareek, Chartered

Accountants, Mahavir Apartment, 3rd Floor,

598 M. G. Road, Near Sun city Cinema,

Ville Parle (East), Mumbai 400057.

12. Bankers

Oriental Bank of Commerce

Overseas Branch, Nariman Point,

Mumbai – 400 021.

13. Registrar and Share Transfer Agent (Physical and Demat)

Sharex Dynemic (India) Limited

Unit No. 1, Luthra Industrial Premises, Andheri-Kurla Road,

Safed Pool, Andheri (East), Mumbai 40072.

Financial Data of the Year 2008-09

14. Turnover (Including Other Income) : 6551.26 Lacs

15. Total Expenditure : 5625.82 Lacs

16. Profit before Tax : (171.44) Lacs (Loss)

17. Profit after Tax : (117.96) Lacs (Loss)

18. Earnings per Share : Rs.(-) 3.41 (Due to loss)

19. Listing in Stock Exchanges:

The Bombay Stock Exchange Ltd., Mumbai.

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4.3.5 REGISTERED OFFICE

A-101, Virwani Industrial Estate,

Western Express Highway,

Goregaon (East), Mumbai – 400 063

4.3.6 PLANT LOCATION

Plot no. 6310, IV Phase, G. I. D. C., Vapi 396195.

Ta: Pardi, Dist.: Valsad, Gujarat

4.3.7 PRODUCTS OF THE COMPANY

1. Pigments:

List of Organic Pigments

C.I. Pigment Yellow 3 C.I. Pigment Red 2

C.I. Pigment Yellow 12 C.I. Pigment Red 8

C.I. Pigment Yellow 13 C.I. Pigment Red 48.1

C.I. Pigment Yellow 14 C.I. Pigment Red 53.1

C.I. Pigment Yellow 17 C.I. Pigment Red 57.1

C.I. Pigment Yellow 83 C.I. Pigment Red 63.1

C.I. Pigment Orange 5 C.I. Pigment Green 7

C.I. Pigment Orange 13

2. Dyestuff

Acid Dyes Direct Dyes

Fast Yellow - 2g (Yellow - 17) 200% Direct Blue71

Yellow Gr (Yellow - 99) Direct Black 22 (600%)

Orange Gr (Orange - 74) Direct Black 22 (1000%)

Redbg (Red - 97) Direct Black 22 (1200%)

Bordeaux Mb (Violet - 90) Direct Black 168

Maroon V (Red - 119) 130% Direct Red23

Brown 2rl (Brown - 45) 200% Direct Orange34

Blue 2g (Blue - 158)

3. Agro-chemicals

4. Intermediates

5. Spec Products

6. Pharmaceuticals

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4.4 METROCHEM INDUSTRIES LIMITED, UMRAYA

Fig. 4.4

Metrochem Industries Limited, Umraya

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4.4.1 INTRODUCTION

Metrochem commenced operations in 1976. Over the years, the

company has achieved steady growth in productivity, output and

employment as well as widened product-mix and applications by end-

users worldwide. Metrochem’s product and services are recognized for

their superiority in quality, delivery and value for money. They have

made continued improvements in every segment of Metrochem’s

activities, quality and considerations.

4.4.2 HISTORICAL BACKGROUND

Metrochem commenced operations in 1976 with small installed

capacity of 100 tones per year. Its present production capacity is

28260 MT per annum. Metrochem has set up modern manufacturing

facilities at two locations GIDC, Vatva, Ahmedabad and at Umraya,

Vadodara. The units serve the demand for high-end dyestuff from its

efforts. The company has further integrated all of its manufacturing

activities for improved operational efficiency. A Metrochem Industry

Limited has a Govt. of India recognised trading house for its exports

performance.

Metrochem commitment to quality and customer satisfaction has

found a new expression by its obtaining ISO 9001 certification. KPMG,

Internationally renowned quality registrars, has recognized company’s

manufacturing facility at Vatva Unit Ahmedabad, Kroma Labs and

corporate functions by awarding ISO 9001 its highest citation.

Metrochem today enjoys a distinct leadership advantage in dyestuff

and dye intermediates industry. The total sales turnover of the

company went up from Rs.15 crores in 1986-87 to Rs.248.61 crores in

2007-08. Two thirds of the company’s turnover comes from exports.

Its products find acceptance by renowned multinational corporations

and several other customers in over 30 countries, worldwide. The

company is among the top exporters of dyestuff and intermediates

from India for several years.

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The company also has strategic alliance with Ciba Speciality

Chemicals (Ciba), a leading worldwide supplier of textile dyes and

chemicals, recently, both the companies have extended their co-

operation agreement. The strengthened co-operation will allow

Metrochem to exploit the capacity of its plants.

4.4.3 VISION AND MISSION

1. To develop new products and process for products

manufactured by Metrochem Industries Ltd.

2. To improve the efficiency of the existing processes.

3. To develop process controls for better quality in production.

4. To develop methods by which waste products of the present

manufacturing processes can be profitably utilized and help to

reduce environmental pollution.

5. To develop new analytical methods for process control.

6. Metrochem envisions establishment and enhancement of

business leadership by serving customers worldwide with

quality products and services.

7. Metrochem assumes responsibility for environmental protection,

innovation, result-orientation and improved quality of life for

stakeholders.

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4.4.4 METROCHEM INDUSTRIES LIMITED AT A GLANCE

1. Year of Incorporation : 1976

2. Registration Number : 04-009484

3. Nature of Industry : Dyes

4. Type of Organisation : Public Limited Company

5. Size of Industry : Large Scale

6. Chairman : Mr. Gautam M. Jain

7. Email Address :

(1) Admn. Office : kashinath [email protected]

(2) Corp. Office : [email protected]

8. Name of Website : www. metrochem group.com

9. Nature of Activity : Manufacturing and Sales of Dyes and

Pigment

10. Company Secretary : Shri K. N.Nevatia

11. Auditors : Deepak Soni and Associates,

Chartered Accountants, Ahmedabad.

12. Bankers

(1) State Bank of India

(2) Indian Bank

(3) City Bank

13. Registrar and Share Transfer Agent

Pinnacle Shares Registry Pvt. Limited,

Near Ashok Mills, Naroda Rood, Ahmedabad – 380 025.

Financial Data of the Year 2008 -09

14. Turnover (Including Other Income) : 22330.25 Lacs

15. Total Expenditure : 22854.64 Lacs

16. Profit before Tax : (524.39) Lacs (Loss)

17. Profit after Tax : (326.39) Lacs (Loss)

18. Earnings per Share : Rs. (-) 2.85 (Due to Loss)

19. Listing on Stock Exchanges

(1) The Vadodara Stock Exchange Ltd., Vadodara.

(2) Ahmedabad Stock Exchange Ltd., Ahmedabad.

(3) Bombay Stock Exchange Ltd., Mumbai.

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4.4.5 REGISTERED OFFICE AND OTHER OFFICES

Registered Office

Village : Umraya, Taluka Padra, Dist Baroda 391 440

Phone: +91-02662-23546, 23547, 23549.

Email: [email protected]

Corporate Office

508-509, 'Shilp', CG Road, Navrangpura, Ahmedabad 380 009

Email: [email protected]

4.4.6 PLANT LOCATIONS

1. Village : Umraya, Taluka Padra, Dist Baroda 391 440

2. 273/1, Phase II, GIDC Industrial Estate, Vatva,

Ahmedabad 382 445

3. A-1/472-475, Phase II, GIDC Industrial Estate, Vatva,

Ahmedabad 382 445

4. A-2/407-408, Phase II, GIDC Industrial Estate, Vatva,

Ahmedabad 382 445

4.4.7 PRODUCTS OF THE COMPANY

Metrochem produces following products.

1. Reactive dyes

2. Direct dyes

3. Acid dyes

4. Mordant dyes

5. Metrolene dyes

6. Dyes intermediates

7. Pigments

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4.5 MEGHMANI ORGANICS LIMITED, AHMEDABAD

Fig. 4.5

Meghmani Organics Limited, Ahmedabad

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4.5.1 INTRODUCTION

Meghmani Organics Limited, their ideological leanings with the

thought that ‘No one ever attains very eminent success by simply

doing what is required of him, it is the amount and excellence of what

is over and above the required that determines the greatness of

ultimate distinction.’ (Charles Adams) They believe that growth is built

on doing better than what is good enough, rising above individual

limitations and transgressing the borders of circumstantial

impediments. The Board of Directors of Meghmani Organics Limited

has continued to focus on good governance with best corporate

practices. Company has made better development and also sustained

performance over the long term because the global demands for

organic pigments is expected to grow at the rate of 4.9 % annually.

4.5.2 HISTORICAL BACKGROUND

Founders or prompters have founded in 1986 as a partnership, under

the name M/s. Gujarat Industries, to manufacture Pigments by our

executive chairman Mr. Jayanti Patel, together with managing

directors, Mr. Ashish Soparkar and Mr. Natwarlal Patel, as well as two

of our executive directors Mr. Ramesh Patel and Mr. Anand I. Patel.

On 2 January 1995, their company, Meghmani Organics Limited, was

incorporated as a joint stock company with limited liability pursuant

to Part IX of the Indian Companies Act. year wise historical timeline is

given below.

1986: Began operations to produce phthalocynine green 7, popularly

known as pigment green 7 at Vatva plant.

1995: Diversified into manufacture of agrochemicals at Chharodi

plant.

1996: Expansion of pigments business. Panoli plant was established

to manufacture CPC blue. CPC blue is a key raw material used for the

manufacture of our pigment blue (15) and pigment.

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1996: Expansion of pigments business. Panoli plant was established

to manufacture CPC blue. CPC blue is a key raw material used for the

manufacture of our pigment blue (15) and pigment green (7) products.

2003: Ankleshwar plant was acquired to expand our range of

agrochemical products.

The company has received several awards for our outstanding export

performance and excellent performance since the date of our

incorporation.

4.5.3 VISION AND MISSION

Vision

To become a global leader in the chemicals and allied industries

Mission

They will lead by

(1) Empowered work environment,

(2) Speed of decision making,

(3) Honouring commitments,

(4) Focusing on results, innovation and efficiency

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4.5.4 MEGHMANI ORGANICS LIMITED AT A GLANCE

1. Year of Incorporation : 1995

2. Registration Number : 24052

3. Type of Industry : Pigment

4. Type of Organisation : Public Limited Company

5. Size of Industry : Large scale

6. Chairman : Mr. Jayanti M. Patel

7. Email Address : [email protected]

8. Name of Website : www.meghmani.com

9. Nature of Activity : Manufacturing, Sales and Export of Green

and Blue Pigments, Pesticides and

Intermediates.

10. Company Secretary : Shri K. D. Mehta

11. Auditors : M/S Patel and Khandwala,

204, Akik, Opp. Lions Hall, Mithakhali,

Ahmedabad – 380 006.

12. Bankers

(1) State Bank of India, Ahmedabad

(2) HDFC Bank Limited, Ahmedabad

(3) ICICI Bank Limited, Ahmedabad

13. Registrar and Share Transfer Agent (Physical and Demat)

In Time Spectrum Registry Limited

C. 13, Pannalal Silk Mills Compound,

LBS Road, Bhandup (West), Mumbai – 400 078

Financial Data of the Year 2008-09

14. Turnover (Including Other Income) : 79459.22 Lacs

15. Total Expenditure (Including Prior Year Exp.) : 70993.26 Lacs

16. Profit before Tax : 6212.34 Lacs

17. Profit after Tax : 5053.07 Lacs

18. Earnings per Share : Rs. 19.90

19. Listing on Stock Exchanges

(1) National Stock Exchange Limited, New Delhi

(2) Bombay Stock Exchange Limited, Mumbai

(3) Singapore Stock Exchange Limited, Singapore

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4.5.5 REGISTERED OFFICE

Plot No.184, Phase II, GIDC, Vatva, Ahmedabad 382 445

Telephone No.: 91-79-25833403

4.5.6 PLANT LOCATION

Pigment Green-Division:

Plot No.184; phase II, GIDC, Vatva, Ahmedabad. 382445

Pigment Blue-Division:

Plot No.21, 21/1, GIDC, Panoli, Dist :Bharuch

Agro Division: 1

Plot No.: 402, 403, 404 and 452, Village: Chharodi

Ta.: Sanand Dist.: Ahmedabad

Agro Division: 2

5001/B, GIDC, Ankleshwar, Dist.: Bharuch

Telephone No.: 91-2646-222965

4.5.7 PRODUCT OF THE COMPANY

The Meghmani Organics ltd. is basically engaged in the manufacture

and sale of pigments and agrochemicals. They carry out their

manufacturing activities at four plants all situated in Gujarat, India.

Pigment products

• Pigment green — Pigment green 7;

• Pigment blue — CPC blue, alpha blue and beta blue.

• The pigment products of following categories.

Pigments for Plastics Pigment for coatings

Meghafast Blue BNR 810 Meghafast Blue BNG 810

Meghafast Blue BK-P 828 Meghafast Blue BK 828

Meghafast Blue BK-P 828 FG Meghafast Blue BLR 878

Meghafast Blue BD 909 KN-P Meghafast Blue BLC 888

Meghafast Blue BD 909KN-P-FG Meghafast Blue BD 909 BMR

Meghafast Green GN 787 Meghafast Blue BD 909 BMR-L

Meghafast Green GNP 788 Meghafast Green GN 787

Meghafast Green GNP 788 FG Meghafast Green GN 792

Meghafast Green 720 Meghafast Green GD 753

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Pigments for Plastics Pigment for coatings

Alpafast Voilet RL-PL 3645 Meghafast Green 720

Alpafast Violet RL-PL 3645 FG Alpafast Violet RL-AS 3609

Alpafast Violet RL-PA 3636

Pigments for Printing Inks

Meghafast Blue BNG 810 Meghafast Blue BS 918 KNP

Meghafast Blue BK828 Meghafast Blue BS 918 KNPD-9

Meghafast Blue BD 909 BMR Meghafast Green GN 787

Meghafast Blue BD 909 BMR-O Meghafast Green GN 792

Meghafast Blue BD 909 KN Meghafast Green GD 753

Meghafast Blue BS 918 KNC Meghafast Green 702 NC

Intermediates Agrochemicals

Meta Phenoxy Benzaldehyde Technical Products

Meta Phenoxy Benzyl Alcohol Formulation Products

Cypermethric Acid Chloride Intermediates

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4.6 DYNEMIC PRODUCTS

Dynemic Products Limited, Ankleshwar

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DYNEMIC PRODUCTS LIMITED, ANKLESHWER

Fig. 4.6

Dynemic Products Limited, Ankleshwar

ANKLESHWER

Dynemic Products Limited, Ankleshwar

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4.6.1 INTRODUCTION

Dynemic Products Ltd is India’s leading manufacturer and exporter of

food colors, Lake colours, blended colours and Intermediate colors

with wide applications in food industry, cosmetic industry, pharma

industry, Ink and edible ink industry.

Dynemic has developed an inherent ability to manufacture a wide

range of dyes for food, dyes for cosmetic, dyes for pharma, dyes for

edible ink at continuous levels.

The manufacturing facilities of Dynemic Products Ltd are certified

with HACCP and ISO 9001:2000 which ensures food colours, lake

colours and the entire product range of colours are of highest quality

and at par with international standards.

4.6.2 HISTORICAL BACKGROUND

In 1990, a team of directors, with expertise in every aspect of business

decided to commence manufacturing of dye intermediates. The

company started manufacturing of sulphopheny, carboxy, pyrazolone

and other pyrazolone based dye intermediates.

In 1996, the time came to move one step ahead and the company

decided to manufacture synthetic food colors. A separate facility for

the manufacturing of food colors was set up, which marked the advent

of our long journey to excellence. The goals of the company have

translated into reality only because of the highly competent team of

directors, headed by Mr. B. K. Patel, managing director of the

company having expertise in marketing, Mr. R. B. Patel, Mr. D. P.

Patel and Mr. S. P. Patel who form a technical team and look after the

production and quality control.

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3.6.3 VISION AND MISSION

Mission

Company’s mission has always been to extend maximum

feedback to the

1. Customers in terms of quality of products and

competitiveness of rates to enable.

2. The customers to sustain in their local market for long term.

3. Dynemic believes to have high standard of business ethics.

Vision

1. Company’s vision is to establish strong marketing channels

to reach every part and every market of the world.

2. We invite interested companies and individuals for

distributorship in their respective country.

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4.6.4 DYNEMIC PRODUCT LIMITED AT GLANCE

1. Year of Incorporation : 1990

2. Registration Number : 13886

3. Type of Industry : Dyes and Intermediates

4. Type of Organization : Public Limited Company

5. Size of Industry : Large scale

6. Managing Director : Mr. B.K.Patel

7. Email Address : [email protected]

8. Name of Website : www.dynemic.com

9. Nature of Activity : Manufacturing and Exporting of Dyes and

Food Colour

10. Company Secretary : Reena K. Desai

11. Auditors : Shah Rajesh Associates

Chartered Accountants

4, 3rd Floor, Rambha Complex,

Ashram Road, Ahmedabad.

12. Bankers

City Bank, N. A., C. G. Road, Ahmedabad

H.D.F.C. Ltd., S. G. Road, Ahmedabad

State Bank of India, Overseas Branch, Ahmedabad

13. Registrar and Share Transfer Agent (Physical and Demat)

Bigshare Services Pvt. Limited

E/2, Ansa Industrial Estate, Sakivihar Road,

Sakinaka, Andheri (East), Mumbai – 400 072

Financial Data of the Year 2008-09

14. Turnover (Including Other Income) : 5019.30 Lacs

15. Total Expenditure : 4701.60 Lacs

16. Profit before Tax : 317.70 Lacs

17. Profit after Tax : 190.00 Lacs

18. Earnings per Share : Rs. 1.68

19. Listing in Stock Exchanges

The Bombay Stock Exchange Limited, Mumbai

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4.6.5 REGISTERED OFFICE

B-301, Satyamev Complex, Opp. New Gujarat High Court,

Sarkhej - Gandhinagar Highway, Sola, Ahmedabad.

4.6.6 PLANT LOCATION

(1) Unit No.1

Plot no. 6401, GIDC Estate, Ankleshwer, Dist.: Bharuch

(2) Unit No.2

Plot no. 3709, GIDC Estate, Ankleshwer, Dist.: Bharuch

3.6.7 PRODUCT OF THE COMPANY

Dyes Intermediates

Pyarazolone Based Dyes Intermediates Products Common Name CAS No.

1:4 Sulphophenyl-3-Carboxy-5- Pyrazolone 1:4 S.P.C.P. 118-47-8

1 (2:5 Dichloro-4-Sulphophenyl) 2:5 DC.S.P.C.P. 7253-O4-5

3-Carboxy-5-Â Pyrazolone

1:4 Sulphophenyl-3-Methyl-5- Pyrazolone 1:4 S.P.M.P. 89-36-1

1 (2:5 Dichloro-4-Sulphophenyl) 2:5 DC S.P.M.P. 84-57-1

3-Methyl 5-Pyrazolone

1-Phenyl-3-Methyl-5-Pyrazolone P.M.P. 89-25-8

1:3-Sulphophenyl-3-Methyl-5- Pyrazolone 1:3 S.P.M.P. 119-17-5

1-Phyenyl-3-Carbethoxy-5-Pyrazolone Carbethoxy -

Methyl Pyrazolone M.P. -

1 (V. S. Phenyl)-3-Methyl-5-Pyrazolone VS P.M.P.

Naphthalene Based Dyes Intermediates Products Common Name CAS No.

2-HydroxyNapthalene-3,6- Disulphonic Acid

R.Salt 135-51-3

2-HydroxyNapthalene-6,8- Disulphonic Acid

G. Salt 842-18-2

2-HydroxyNapthalene-6-Sulphonic Acid Schaeffer's Acid 93-01-6

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Benzen Based Dyes Intermediates

Products Common Name

CAS No.

Sulphanilic Acid (Technical) Technical 121-57-3

Sulphanilic Acid (Purified) Purified -

Sulphanilic Acid (Sodium Salt) Sodium Salt 515-74-2

N-Ethyl-N-Benzyl Aniline Meta Sulphonic Acid (Normal and Supra Grade)

E.B.A.M.S.A 101-11-1

Food Colour and Specification

Common Name Food Color

No. C.I.No Specification

Tartrazine Yellow 5 19140 More Specification

Sunset Yellow Yellow 6 15985 More Specification

Carmoisine Red 3 14720 More Specification

Ponceau 4R Red 7 16255 More Specification

Amaranth Red 9 16185 More Specification

Allura Red Red17 16035 More Specification

Brilliant Blue FCF Blue 2 42090 More Specification

Indigo Carmine Blue1 73015 More Specification

Erythrosine Red 14 45430 More Specification

Black PN Black 1 28440 More Specification

Fast Red E Red 4 16045 More Specification

Chocolate Brown HT Brown 3 20285 More Specification

Patent Blue V Blue 5 42051 More Specification

Quinoline Yellow Yellow 13 47005 More Specification

Green S Green 4 44090 More Specification

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Application of Food Colour

Soft drinks and Beverages Pickles, Sauces and Seasonings

Animal Feeds Bath Soaps

Cheese Jams and Jellies

Decoration and coatings Shampoos

Pesticides Baked Goods

Alcoholic and Non-Alcoholic Drinks

Washing Powder

Tablets and capsules Writing Inks

Toiletry Products Canned Products

Lake Colour

Product Name C. I. No.

Lake Quinoline Yellow 47005 : 1

Lake Tartrazine 19140 : 1

Lake Sunset Yellow FCF 15985 : 1

Lake Erythrosine 45430 : 1

Lake Ponceau 4R 16255 : 1

Lake Allura Red 16035 : 1

Lake Carmoisine 14720 : 1

Lake Amaranth 16185 : 1

Lake Chocolate Brown HT 20285 : 1

Lake Brilliant Blue FCF 42090 : 1

Lake Indigo Carmine 73015 : 1

Application of Colour

Pharmaceuticals Bakery Products

• Coated and Compressed Tablets • Sugar and Fondant Icings

• Wet Granulations • Oil-based Coatings

• Pharmaceutical Suspension • Mixes

• Capsules • Frosting sugars

• Ointments

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Cosmetic and Personal Care Products Dairy Products

• Lotions Creams • Wax Coatings for Cheese

• Powders • Yogurts

• Lipsticks • Variegating Sauces

• Eyeliners and Eye Shadows • Fat-base Catings

• Tooth Powders • Retorted Milk Products

Spice Compounds Snack Foods

• Confectionery • Dry Beverage Bases

• Chewing Gum • Dessert Powders

• Coated Candies

• Gum Products

• Wafers

• Pet Foods

Blended Colour

Product Name Product Name

Egg Yellow Special Green

Lemon Yellow Apple Green

Strawberry Red Moss Green

Raspberry Red Pea Green

Tomato Red Violet

Orange Red Bright Black

Saffron Grape

Chocolate Brown Black Currant

Rose Pink

FD and C Colour

FD and C Colours Common Name Hue

FD and C Yellow 5 Tartrazine Lemmon Yellow

FD and C Yellow 6 Sunset Yellow Orange

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FD and C Colours Common Name Hue

FD and C Blue 1 Brilliant Blue FCF Bright Blue

FD and C Blue 2 Indigotine Royal Blue

FD and C Red 3 Erythrosine Cherry Red

FD and C Red 40 Allura Red Orange red

Salt Free Dyes

No. Product Name C. I. No. CAS No.

1 Dyco Ls Black-1 20470 1064-48-8

2 Dyco Ls Blue-9 42090 2650-18-2

3 Dyco Ls Orange 7 15510 633-96-5

4 Dyco Ls Red-1 18050 3734-67-6

5 Dyco Ls Red-14 14720 3567-69-9

6 Dyco Ls Red-18 16255 2611-82-7

7 Dyco Ls Red-27 16185 915-67-3

8 Dyco Ls Red-51 45430 16423-68-0

9 Dyco Ls Red-73 27290 5413-75-2

10 Dyco Ls Red-87 45380 548-26-5

11 Dyco Ls Red-92 45410 18472-87-2

12 Dyco Ls Yellow-3 47005 8004-92-0

13 Dyco Ls Yellow-17 18965 6359-98-4

14 Dyco Ls Yellow-23 19140 1934-21-0

15 Dyco Ls Yellow-36 13065 587-98-4

16 Dyco Ls Yellow-73 45350 518-47-8

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4.7 AARTI INDUSTRIES LIMITED,VAPI

Fig. 4.7

Aarti Industries Limited, Vapi

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4.7.1 INTRODUCTION

Aarti Industries Limited (AIL) is a member of Alchemie group. It was

promoted in September 1984 by a group of technocrats. Over the last

more than 25 years, it has crossed several milestones. Aarti Industries

limited set up a number of expansion and diversification projects,

funded by a public issue in 1992, institutional assistance and from

internal accruals. Its manufacturing is basic bulk chemicals, dyes and

pigment intermediates, pharmaceuticals and agrochemicals. Its

manufacturing facilities are at Vapi, Sarigam, Jhagadiya in Gujarat

and Tarapur, Dombivli in Maharastra.

4.7.2 HISTORICAL BACKGROUND

The first unit of Aarti group, Alchemie laboratories, commenced

commercial production of Dimethyl Sulphate (DMS) in the year 1975.

Today, Aarti has acquired world-class expertise in the development

and manufacturing of dyes and pigment intermediates, basic bulk

chemicals, pharmaceuticals and agrochemicals along with their

intermediates, rubber chemicals, surfactant intermediates and

speciality chemicals. Aarti is amongst the largest producers of

benzene based basic and intermediate chemicals in India.

Aarti has the privilege of catering to the requirements of leading

manufacturers of dyes, pigments, pharmaceuticals, agrochemicals

and rubber chemicals in countries such as USA, UK, Germany, Spain,

Italy, Switzerland, Belgium, Japan, Korea, China, Russia, etc. Aarti

also has representatives in USA and a subsidiary company in UK to

provide better services to its export customers.

4.7.3 VISION AND MISSION

Vision

1. To retain leadership in domestic market.

2. To attain significant presence in global market.

3. To become supplier of choice to leading customers.

4. To be always committed to the employees, shareholders and

society.

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Mission

1. To constantly strive to set up and maintain global size plant

facilities.

2. To become customer-driven company by providing customized

solutions and service to meet changing customer requirements.

3. To maintain consistent quality and timely delivery at competitive

prices.

4. To use best cost effective manufacturing methods supported by

proven, eco-friendly and safe technologies.

5. To set up facilities with USFDA and other overseas approvals.

6. To meet the challenges of competition by dynamic management

drive.

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4.7.4 AARTI INDUSTRIES LIMITED AT A GLANCE

1. Year of Incorporation : 1984

2. Registration Number : 7301

3. Type of Industry : Dyes and Intermediates

4. Type of Organisation : Public Limited Company

5. Size of Industry : Large scale

6. Chairman : Mr. Chandrakant V. Gogri

7. Email Address : [email protected]

8. Name of Website : www.aartigroup.com

9. Nature of Activity : Manufacturing and Exporting of Dyes,

Pigments, Pharmaceuticals, rubber

Chemicals and agrochemicals.

10. Company Secretary : Mona Patel

11. Auditors : M/s. Parikh Joshi and Kothare (C. A.)

12. Bankers

(1) Bank of Baroda (2) HDFC Bank Limited

(3) State Bank of India (4) Union Bank of India

(5) ABN Amro Bank (6) Standard Chartered Bank

(7) Export-Import Bank of India (8) IDBI Bank Limited

(9) Citi Bank N. A. (10) Axis Bank Limited

13. Registrar and Share Transfer Agent

Sharepro Services (India) Pvt. Limited

Samhita Complex, Gala No. 52 to 56,

Andheri-Kurla Road, Sakinaka, Mumbai – 400 072

Email : [email protected]

Financial Data of the Year 2008 -09

14. Turnover (Including other Income) : 144,927.06 Lacs

15. Total Expenditure : 133,525.94 Lacs

16. Profit before Tax : 11,401.12 Lacs

17. Profit after Tax : 8,446.32 Lacs

18. Earnings per Share : Rs. 11.46

19. Listing on Stock Exchanges:

(1) National Stock Exchange Limited, New Delhi

(2) Bombay Stock Exchange Limited, Mumbai

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4.7.5 REGISTERED OFFICE AND OTHER OFFICES

Registered Office : Plot No.: 801, 801/23, G. I. D. C. Estate,

Phase III, Vapi – 396 195, Ta.: Pardi, Dist.:

Valsad (Gujarat)

Corporate Office : Udyog Khetra, IInd Floor, L. B. S. Marg,

Mulund – Goregaon Link Road, Mulund

(West), Mumbai – 400 080

4.7.6 PLANT LOCATIONS

1. Plot No.: 801, 801/23, G. I. D. C. Estate, Phase III, Vapi – 396

195, Ta.: Pardi, Dist.: Valsad (Gujarat)

2. Plot No.: 902, G. I. D. C. Estate, Phase II, Vapi – 396 195, Ta.:

Pardi, Dist.: Valsad (Gujarat)

3. Plot No.: 752-753-754, Sarigam Industrial Area, Sarigam, Ta.:

Umergam, Dist.: Valsad (Gujarat)

4. Plot No.: 758-1, 758-2, Jhagadiya Mega Estate, Village:

Kapalsadi, Ta.: Jhagadiya, Dist.: Bharuch (Gujarat)

4.7.7 PRODUCT OF THE COMPANY

Benzene Based Intermediate, Dichloro Benzene

• Dyes

• Para Nitro Chloro Benzene (PNCB)

• Ortho Nitro Chloro Benzne (ONCB)

• 2:4 Dinitro Chloro Benzene (DNCB)

• Para Dichloro Benzene (PDCB)

• Ortho Dichloro Benzene (ODCB)

• Nitro Benzene

• Alkylated Anilines and Toluidines

• Chloro Phenols

• Fluoro Compounds

Dyes

DYES AVAILABLE IN LIQUID FORM

Acid blue 15 Basic Yellow 2

Acid violet 17 Basic Violet 1

Acid violet 49 Basic Violet 3

Basic Green 4

Basic Green

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Dyestuff Intermediates, Pharma Intermediates

• Speciality Chemicals

• Agro Chemical Intermediates

• Pigment Intermediates

• Dyestuff and Dyestuff Intermediates

• Pharma and Pharma Intermediates

Pigment Intermediates

• 4-Chloro Nitro Benzene (Para Nitro Chloro Benzene)(100-00-5)

• 4 - Methoxy Aniline (Para Anisidine) (104-94-9)

• 3:3 Di Chloro Benzidine Dihydro Chloride

• Ortho Chloro Aniline (95-51-2)

• 2- Nitro Aniline (Ortho Nitro Aniline) (88-74-4)

• 2, 4 Dinitro Aniline (97-02-9)

• 2 - Nitro 4 - Methoxy Aniline (Fast Bordeaux GP Base )(96-96-8)

• Ortho Anisidine (90-04-0)

• Ortho Nitro Anisole (91-23-6)

• Ortho Nitro Aniline Para Sulphonic Acid (616-84-2)

• 2,5 Dichloro Nitro Benzene (2,5 DCNB) (89-61-2)

• 4 Chloro Ortho Phenylene Diamine (95-83-0)

• 2:5 Dichloro Para Nitro Aniline (2,5 DCPNA) (6627-34-5)

• 2- Chloro 4-Nitro Aniline (Ortho Chloro Para Nitro Aniline)

• 2 Chloro PPDA (615-66-7

• Mono Chloro Benzene (MCB)

• 3 Chloro Para Toludine (Meta Nitro Para Toluene

Other Intermediates and Speciality Chemicals

1. Benzene based intermediates

2. Bulk Pharmaceuticals

3. Agrochemicals

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4.8 SUDARSHAN CHEMICAL INDUSTRIES LTD., VAPI

Fig. 4.8

Sudarshan Chemical Industries Limited, Vapi

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4.8.1 INTRODUCTION

Sudarshan Chemical Industries Limited is the world class

manufacturer of pigments, agro chemicals and speciality chemicals in

terms of quality and service. Cost of delivered product at par with

China. Among top three in South Asia in agrochemicals in categories.

Sudarshan Chemical Industries Ltd. (SCIL) has been a leading player

in the pigment and agrochemical sector for over 50 years. This is the

first chemical company in India to be awarded the ISO 9001 certificate

for pigment division in 1993. The high quality standards are

maintained at every level.

Production of pigments is carried out at plants in Vapi, Pune, Roha,

and Mahad. Vast range of products includes organic and inorganic

pigments, speciality pigments, intermediates and pesticides. Great

emphasis is placed on Research and Development activities. There are

over 100 qualified scientists currently working in their laboratories.

4.8.2 HISTORICAL BACKGROUND

Sudarshan Chemical Industries, a pioneer in the field of pigments in

India, was set up in 1952 with the initiative of its chairman, late

Dr. R. J. Rathi. Over the last 50 years, the company has gained a

position of dominance in the pigment industry, and has also

diversified into the fields of agrochemicals and environment

management. Its policy is rooted in a mission to reinvent itself

continuously by implementing the latest technologies, coupled with a

strong emphasis on quality and standardization.

The milestones of each year in the journey of Sudarshan Chemical

Ind. Ltd. are given below:

1952 - The Inception

Organic pigments - a result of indigenous technology, was developed

and launched in the market as an import substitute.

1960 - Organic Pigments

Organic pigments - a result of indigenous technology, was developed

and launched in the market as an import substitute.

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1967 - Foray into intermediates and a new address in Pune.

1974 - A New Plant in Roha

Further growth saw the company setting up a new plant in Roha to

make import substitute products. The company went public with a

share capital of Rs.23 million.

1977 - Sudarshan Goes Public

The company went public with a share capital of Rs.23 million.

1981 - Entry into Pesticides

As a diversification strategy, the company entered the field of

Agrochemicals.

1985 - TQM Initiative

Stressing the importance on quality, TQM was introduced and today

the TQM movement continues to gain strength and momentum.

1989 - Joining Hands with Dainippon

Dainippon Inks and Chemicals - Japan with a turnover in excess of $7

billion forged an alliance with Sudarshan with a 29% equity

participation thus providing leading pigment technology and a wide

international network.

1993 - ISO Certification

Sudarshan became the first chemical company in India to receive the

ISO 9001 certification for its pigment division.

1994 - A New Plant in Mahad

Mahad plant was set up with the latest technology to keep pace with

the growing demand for our products.

1999 - Roha Plant Expansion

The plant at Roha was expanded to cater a growing demand for

Speciality inorganic pigments.

2000 - ERP Solution - SAP R3

Sudarshan successfully implemented SAP R3 an Enterprise Resource

Planning Module package in all three plants and its depots.

2001 - ISO 14001 for Mahad

The Mahad plant of Sudarshan was certified by BVQI for ISO

14001:1996 for environmental standards.

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2001 - Mahad Plant Expansion

A New Plant was set up at Mahad for the manufacture of speciality

inorganic pigments.

2001 - CRM Launch

Sudarshan launched customer relationship management to augment

the supply chain management.

2003 - 5S implementation.

2004 - ISO 14001-Pune Plant.

2005 - Mahad OSHA 18000 Certification.

2006 - A new plant was set up at Vapi for the manufacture of

pigments.

4.8.3 VISION AND MISSION

1. World class manufacturer of pigments, agro chemicals and

speciality.

2. Chemicals in terms of quality and service.

3. Cost of delivered product at par with China.

4. No.1 in volumetric terms in pigment business in South Asia and

Middle East.

5. Among top three in South Asia in agrochemicals in categories

we are in.

Corporate Values

1. Quality

2. Customer Satisfaction

3. Responsive to Change

Managerial Values

1. Result Oriented

2. Speed

3. Urgency

4. Free Flow of Information

5. Cost Consciousness

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4.8.4 SUDARSHAN CHEMICAL INDUSTRIES LTD. AT A GLANCE

1. Year of Incorporation : 1952

2. Registration Number : 8409 TA

3. Type of Industry : Pigment

4. Type of Organisation : Public Limited Company.

5. Size of Industry : Large scale

6. Chairman : Mr. K. L. Rathi

7. Email Address : [email protected]

8. Name of Website : www.sudarshan.com

9. Nature of Activity : Manufacturing and Processing of wide

range of Organic and Inorganic Pigments.

10. Company Secretary : Shri P. R. Rathi

11. Auditors : M/s. B. K. Khare and Company (C.A.)

12. Bankers

(1) State Bank of India (2) HDFC Bank Limited

(3) ICICI Bank Limited (4) Bank of Baroda

(5) Bank of Maharastra

13. Registrar and Share Transfer Agent (Physical and Demat):

In time Spectrum Registry Limited

Akshay Complex, Block no.22, 2nd Floor,

Off: Dule Patil Road, Near Ganesh Temple,

Pune – 411 001 (Maharastra)

Financial Data of the Year 2008-09

14. Turnover (Including Other Income) : 45692.90 Lacs

15. Total Expenditure (Incl.Prior Year Exp) : 42856.60 Lacs

16. Profit before Tax : 2836.30 Lacs

17. Profit after Tax : 1884.00 Lacs

18. Earnings per Share : Rs. 27.21

19. Listing on Stock Exchanges

(1) National Stock Exchange Limited, New Delhi

(2) Bombay Stock Exchange Limited, Mumbai

(3) The Pune Stock Exchange Limited, Pune

(4) The Calcutta Stock Exchange Limited, Kolkata

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4.8.5 REGISTERED OFFICE

162, Wellesley Road,

Pune –411001 (Maharastra)

4.8.6 PLANT LOCATION

100 Shed Area, GIDC, Vapi,

Ta.: Pardi, Dist.: Valsad

4.8.7 PRODUCTS OF THE COMPANY

Speciality Pigments

(a) Lead Carbonate Based Pearl Pigments : Sudarshan Pearl Products

Use Product Code

Number Medium

Pigment Content

Particle Size

Polyester Buttons 4004 Dichlorobenzene 60% 16-18

4005 Dichlorobenzene 65% 16-18

4007 Dioctylphthalate 65% 16-18

Coatings, Acrylic casting

4015 Dibutylphthalate Dichlorobenzene

0% 12-Oct

4016 Dibutylphthalate Dichlorobenzene

50% 16-18

4017 Dibutylphthalate

Dichlorobenzene

50% 16-18

Coatings 4019 Nitrocellulose 50% 16-18

Water Based Coatings

4034 Water 50% 12-Oct

4037 Water 50% 16-18

PVC 4056 Dioctylphthalate 70% 16-18

Inks and Coatings 4078 Toluene 60% 16-18

(b) Mica Based Pearl Pigments

These types of pearl pigments are manufactured by coating mica with

either titanium dioxide or iron oxide. The transparency of pigment

particles is due to extremely thin transparent coating of titanium

dioxide in the form of micro-crystals.

There are several applications which use Mica Pearl pigments such as

textile printing, paints, plastics, inks and cosmetics.

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(c) SumicaTM Pearl Pigments

Sr. No. Product Name Product Code Class

1 Super Fine 4101 Silvers

2 Silky Fine 41124

3 Silver Fine 4190

4 Bright Fine 41127

5 Fine 4191

6 Silver 41134

7 Silver 4179

8 Sparkle 4194

9 Flash 4152

10 Super Flash 4153

11 Glitter 4136

12 Super Glitter 4138

13 Iridescent Gold 43237 Iridescents

14 Iridescent Pink 43337

15 Iridescent Blue 43437

16 Iridescent Green 43537

17 Super Gold 4187 Metallics

18 Sunrise Gold 4141

19 Bright Gold 4199

20 Sparkle Gold 4144

21 Bronze Fine 41725

22 Bronze 4964

23 Super Bronze 4974

24 Copper Fine 41825

25 Copper 4967

26 Super Copper 4977

27 Maroon Fine 41925

28 Maroon 4969

29 Super Maroon 4979

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(d) Sumica Pearl – Cosmetic Grade L

Sr. No. Product Name Product Code Class

1 Silver Super Fine 43117 Silver Super Fine

2 Silky Fine 43124

3 Silver Fine 43129

4 Silver Standard 43133

5 Silver Sparkle 43149

6 Iridescent Gold 43237 Iridescents

7 Iridescent Pink 43337

8 Iridescent Blue 43437

9 Iridescent Green 43537

10 Bright Gold 43636 Metallics

11 Sparkle Gold 43647

12 Bronze 43737

13 Copper 43837

14 Maroon 43937

Agrochemicals Products

(a) Agro. New Products

The product range of Sudarshan comprises of a wide variety of Agro

Chemicals products. Following products are in pipeline for future.

Sr. No. Products in pipe line

1 Acetamiprid

2 Tebuconazole

3 Propiconazole

(b) Formulated Products

The product range of Sudarshan comprises of a wide variety of

Agro Chemicals products. Following is a summary of the products

offered.

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Sr. No. Technical Name Brand Name

1 Monocrotophos Sufos 36 SL

2 Phosphamidon Sumidon 40 SL

3 Quinalphos Suquin 25 EC

4 Dichlorvos Suchlor 76 EC

5 Triazophos Sutathion 40 EC

6 Hexaconazole Titan 5 EC

7 Imidacloprid Tez 17.8 SL

8 N - Acetyl Thiazolidine Quantum 5 SL

9 Alphamethrin 10% Axis 10 EC

10 Cypermethrin Ultra Methrin 10 EC

11 Cypermethrin Ultra Methrin 25 EC

12 Deltamethrin 1% + Ammo (1+ 35) EC

13 Triazophos 35% Ammo (1+ 35) EC

14 Fenpropathrin Raptor 30 EC

15 Profenofos Prowess 50 EC

16 Chlorpyrifos 50% + Stampede 50 + 5 EC

17 Cypermethrim 5% Stampede 50 + 5 EC

18 Diazinon Suzon 20 EC

19 Fenvalerate Ultrafen 20 EC

20 Amino Acids Vital

21 Clodinofop Propargyl Nemesis 15 WP

22 Triacontanol Ureka 0.1 EC

23 Acephate Fatal 75 SP

24 Cartap Hydrocloride Scimitar 4 G

25 Metalaxyl 8%+ Spectra 72 SP

26 Mancozeb 64% Spectra 72 SP

27 Isoproturon Josh 75 WP

28 Lambda Cyhalothrin Propel 2.5 %

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Technical Products:

Sr. No. Product Name Usage

1 Monocrotophos Insecticide

2 Phosphamidon Insecticide

3 Quinalphos Insecticide

4 Triazophos Insecticide

5 Chlorpyrifos Insecticide

6 Profenofos Insecticide

7 Dichlorvos Insecticide

8 Imidacloprid Insecticide

9 Hexaconazole Fungicide

10 Tricyclazole Fungicide

11 Quantum Plant Growth regulator

Environmental Products

The product range of Sudarshan comprises of a wide variety of

environment management products. Following is a summary of the

products offered.

Sr. No. Product Offered

1 Microbial Cultures For Effluent Treatment Plants ( Subac - C, Subac - CO, Subac - AN, Subac - P, Subac - CN, Subac - T4 / T6 Etc.)

2 Fine Bubble Diffused Aeration System In Collaboration With Environment Dynamics Inc., USA. This System is Used In Aerobic Biological Treatment.

3 Customer Specific Effluent Treatment Plants On Turn Key and Consultancy Basis.

4 Membrane Based Reverse Osmosis Systems For Water Recycle/ Reuse And Product Recovery.

5 Safety Audits And Risk Analysis.

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REFERENCES

I. Annual Reports 1. Aarti Industries Limited, Vapi, during the period from 1999-00

to 2008-09.

2. Asian paints limited, Ankleshwar, during the period from

1999-00 to 2008-09.

3. Atul Limited, Atul, during the period from 1999-00 to 2008-09.

4. Bhageria Dye- Chem. Limited, Vapi, during the period from

1999-00 to 2008-09.

5. Dynemic Product Limited, Ankleshwar, during the period from

1999-00 to 2008-09.

6. Meghmani Organics Limited, Vatva – Ahmedabad, during the

period from 1999-00 to 2008-09.

7. Metrochem Industries Limited, Village: Umraya, during the

period from 1999-00 to 2008-09.

8. Sudarshan Chemical Industries Limited, Vapi, during the

period from 1999-00 to 2008-09.

II. Web sites

1. www.aartigroup.com

2. www.asianpaints.com

3. www.atul.com

4. www.bhageriagroup.com

5. www.dynemic.com

6. www.meghmani.com

7. www.metrochem group.com

8. www.sudarshan.com