research on india_manufacturing and construction sector in india monthly update_june 2012
DESCRIPTION
ÂTRANSCRIPT
Top Story
Eastern UP has the potential to emerge as the new plastic hub of India In the export awareness seminar on 'tapping export opportunities for plastic’ organized by Plastic Export Promotion Council, the Eastern UP region of India was stated to have a very high potential to develop as the centre of plastic exports. Export of raw materials ccount for 35% of the total plastic exports by India which however is not a good sign for athe growth of the plastic industry. India should focus on the export of value added finished plastic product which commands high demand in the global market. Among the export of raw materials polypropylene aconstitutes the primary export commodity. Gradual reduction in the custom duties under WTO and FTA implies an increase in competition. The exporters need to come forward and avail government schemes such as the zero per cent export promotion capital goods (EPCG) scheme and the authorization scheme. News Update
General Baleshwar to emerge as the next polymer hub A new polymer cluster will be set up in Baleshwar by the state government. INR 820 mn will be invested to develop a plastic, polymer and allied cluster which will be commissioned by December 2012. Representatives of Government of India, the Government of Odisha and the North Odisha Chamber of Commerce and Industries (NOCCI) have together formed a Special Purpose Vehicle for the project. The investment mount will be raised through financial grants from the Central Government, the State aGovernment, contribution from industries and from term loans. An integrated logistics hub and a common facility hub will also be developed along with the above project An estimated sum of INR I40 mn will be required to develop the develop the water supply from Budhabalanga. The bypass road to the cluster is expected to be completed by June 2012 and the infrastructure for power distribution will also be developed by July 2012. Pesticide prices to witness a rise this Kharif season Pesticides and other crop protection chemicals are expected to witness a 10‐15% price hike in this kharif season. Appreciation of the Yuan and the dollar is expected to increase the cost of production for the manufacturers. Consequently the manufacturers are
Manufacturing – Monthly Update
planning to pass the price burden on the farmers. Other factors contributing to the price hike include 12‐15% rise in import prices of certain chemicals and the rise in prices of olvents by 60‐70 per cent this year. Hence the price for the end user is expected to rise sfurther. The agrochemical industry is growing at an annual rate of 10% and finds it difficult to absorb the rise in costs. The uncertainty in the business has been led by the farmers shifting to the production of different crops. The rise in prices will have a direct impact on he availability of inputs which in turn is expected to aggravate the overall volatility. t News Update
Expansion Plans Pesticide ‘Luphos 36’ acquired by Crystal Crop Protection Luphos 36, a pesticide of Mumbai‐based Cheminova India has been acquired by Agro‐chemicals maker Crystal Crop Protection. The pesticide Luphos 36 is effective for protecting crops such as cotton, paddy, caster, cardamom, tea, coffee, coconut, mango, sugarcane from the attack of pests. The company is also aiming at promoting the brand in unjab, Haryana, Andhra Pradesh, Maharashtra, Gujarat, Rajasthan, Tamil Nadu, PKarnataka, MP, Assam and West Bengal. Last year the company had acquired Hyderabad based Rohini seeds with a view to build up its position in the agricultural input market. The current acquisition is expected to enable the company improve its position in the agro‐chemical value chain. New inorganic coagulant plant to begin production in Vishakhapatnam The new inorganic coagulant plant being set up by Kemira‐Indus in Vishakhapatnam is expected to begin commercial production from October. However the trial production is slated to start from August. The company is a joint venture between IVRCL Ltd and the Finland based Kemira Oyj. The new plant at Vishakhapatnam is valued at INR 692 mn. A 24 acre site with a capacity of 50,000 tonnes per year was acquired by Kemira‐Indus to set up the manufacturing unit. The new plant has zero‐ discharge and is equipped with a complete recycling facility. The company is also focusing on acquiring a new site which ould be used to manufacture coagulants from raw materials such as aluminium tri‐w
hydrate and HCl. Inorganic coagulants are widely used for industrial and water treatment purposes. The value of the market for water treatment chemicals in India is estimated to be around INR 27,699 mn.
Manufacturing – Monthly Update
New natural colours launched by Synthite A new range of natural colours from botanical sources have been launched by Synthite Industries. The new range of colours has been developed for use in ice cream applications. They have been produced by combining Synthite’s natural oxidant products with natural dyes and are stated to provide several health benefits. It is expected to provide the ice cream manufacturers with a way to meet the increasing demand for clean abeled products. Demand for natural colours has registered a year on year growth rate of l6‐7% while the demand for synthetic colours has witnessed stagnation. Growing concern about health is the primary factor leading to the growing demand for natural colours over synthetic ones. A huge fraction of the demand for ice cream and confectionary are constitute by children and hence natural colours are expected to itness greater usage. w
Industry Expert Speak Luphos 36 acquired by Crystal Crop Protection – Ankur Aggrawal, Managing Director, Crystal Group “The company is eying to promote the brand in major states including Punjab, Haryana, Andhra Pradesh, Maharashtra, Gujarat, Rajasthan, Tamil Nadu, Karnataka, MP, Assam and West Bengal,” Kemira Chemicals to start a Vizag plant– Mr Sudip Sarkar, Managing Director, Kemira Chemicals India, a subsidiary of Kemira Oyj "The Vizag project is being implemented in three phases. The trial production at the plant ill begin in August and by October it is expected to be ready for commercial roduction," wp Transaction Detail (Apr Jun 2012)
Date Buyer Target Deal Size (INR mn) % stake Deal Status
Type of Transaction
21st May 2012
Vilmorin & Cie Bisco Bio Sciences
Private Ltd. NA 61.01% Completed M&A
23rd April 2012
Rallis India Ltd, Zero Waste Agro Organics Pvt Ltd
312.93 51% Expected M&A
Manufacturing – Monthly Update
20th April 2012
Kanoria Chemicals & Industries.
Switzerland‐based APAG Holdings AG
382.65 90% Completed M&A
Annual Financial Results – Revenue (INR mn)
Company FY ‘09 FY ‘10 FY ‘11 FY ‘12
Aimco Pesticides Ltd. 148.724 272.726 489.932 1,147.77
Axel Polymers Ltd. NA 36.557 31.149 102.532
Bayer CropScience Ltd. 13,961.0 16,260.3 20,404.2 22,722.7
Bhageria Dye Chem Ltd. 546.65 564.35 617.686 617.963
Bhansali Engineering Polymers Ltd. 2,251.1 3,129.8 4,639.2 4,144.0
Bharat Rasayan Ltd. 1,061.122 1,028.703 939.25 1,406.1
Bodal Chemicals Ltd. 4,037.9 4,794.4 5,724.2 NA
Chambal Fertilizers and Chemicals Ltd. 56,041.6 41,335.6 56,843.0 75,320.2
Chemcel Biotech Ltd. 351.877 457.202 501.212 436.077
Chemplast Sanmar Ltd. 6,747.8 9,336.8 18,707.7 21,297.0
Chromatic India Ltd. 118.5 162.8 1,050.7 NA
Coromandel International Ltd. 95,451.9 64,066.0 75,416.2 97,891.8
Dhanuka Agritech Ltd. 3,368.7 4,084.6 4,928.0 5,291.9
Excel Industries Ltd. 2,435.0 2,378.3 2,731.0 3,154.9
Finolex Industries Ltd. 15,291.3 14,743.8 20,070.9 20,972.1
Gail India Ltd. 247,818.0 270,353.0 351,066.5 440,578.2
Manufacturing – Monthly Update
Gujarat Narmada Valley Fertilizers Company Ltd.
29,200.6 26,144.5 28,458.9 38,620.1
Gujarat State Fertilizers & Chemicals Ltd.
58,808.0 40,191.9 47,550.5 53,018.3
Insecticides (India) Ltd. 2,637.2 3,775.4 4,501.0 5,217.6
Jaysynth Dyestuff India Ltd. 803.548 867.205 942.587 920.987
Kalpena Industries Ltd. 6,029.6 7,188.0 8,430.6 9,155.7
Kilpest India Ltd. 151.322 191.318 214.454 NA
Kiri Industries 2,809.6 8,066.8 38,531.8 NA
Meghmani Organics 8,139.5 8,371.7 10,457.5 10,450.8
National Fertilizers Ltd. 51,271.0 51,031.6 58,084.4 73,052.9
Pidilite Industries Ltd. 20,124.0 22,218.6 26,713.6 31,097.4
Poddar Pigments Ltd. 1,201.2 1,541.7 1,885.5 2,218.9
Polychem Ltd. 41.542 41.756 52.607 76.752
Polylink Polymers (India) Ltd. 518.551 321.368 330.486 288.456
Punjab Chemicals and Crop Protection Ltd.
7,265.1 5,770.7 6,613.2 8,137.0
Rallis India Ltd. 8,366.9 8,786.8 10,919.5 12,782.7
Rashtriya Chemicals and Fertilizers Ltd.
83,740.7 56,527.3 55,187.7 34,726.7
Reliance Industries Ltd. 1,511,354.9 2,037,397.2 2,658,110.0 3,585,010.0
Sabero Organics Gujarat Ltd. 3,773.5 4,303.2 4,127.2 3,466.5
Sudarshan Chemicals 4,606.8 5,944.0 7,256.7 7,945.1
Syngenta India Ltd. 13,850.6 17,797.8 20,813.0 NA
The Fertilizers & Chemicals Travancore Ltd. 21,287.0 21,059.6 24,607.6 28,984.3
Manufacturing – Monthly Update
United Phosphorus Ltd. 48,561.0 53,387.3 57,089.5 75,341.9
Vipul Dyechem Ltd. 236.068 265.418 330.994 NA
Zuari Industries Ltd. 3,023.7 2,536.1 2,475.2 (2,185.5)
Annual Financial Results – Income (INR mn)
Company FY ‘08 FY ‘09 FY ‘10 FY ‘11
Aimco Pesticides Ltd. (37.495) (24.311) ‐60.905 (34.68)
Axel Polymers Ltd. NA 0.563 0.601 (2.671)
Bayer CropScience Ltd. 944.6 1,272.5 1,315.4 1,389.9
Bhageria Dye Chem Ltd. (12.355) 11.474 9.03 (4.711)
Bhansali Engineering Polymers Ltd. (114.2) 105.3 334.1 10.9
Bharat Rasayan Ltd. 51.729 58.081 58.891 110.7
Bodal Chemicals Ltd. (111.0) 140.4 167.0 NA
Chambal Fertilizers and Chemicals Ltd. 2,255.9 2,172.3 2,405.9 1,583.1
Chemcel Biotech Ltd. 12.885 13.473 8.479 2.422
Chemplast Sanmar Ltd. (666.1) (1,281.6) (421.9) (519.5)
Chromatic India Ltd. (6.7) 1.6 9.1 NA
Coromandel International Ltd. 5,595.1 4,676.8 6,936.6 6,387.9
Dhanuka Agritech Ltd. 232.0 363.4 511.1 571.3
Excel Industries Ltd. 1.1 76.8 139.8 153.8
Finolex Industries Ltd. (378.9) 1,323.2 761.7 751.5
Manufacturing – Monthly Update
Gail India Ltd. 28,263.5 33,278.3 40,209.7 44,436.1
Gujarat Narmada Valley Fertilizers Company Ltd.
2,275.2 1,238.4 2,665.3 2,838.4
Gujarat State Fertilizers & Chemicals Ltd. 4,993.6 2,544.7 7,493.7 7,575.7
Insecticides (India) Ltd. 209.1 282.2 322.2 330.2
Jaysynth Dyestuff India Ltd. 71.258 59.044 44.674 44.774
Kalpena Industries Ltd. 218.5 299.1 191.3 255.2
Kilpest India Ltd. (2.594) (4.939) (7.807) NA
Kiri Industries 83.7 (570.5) (2,777.2) NA
Meghmani Organics 371.2 516.8 380.1 34.8
National Fertilizers Ltd. 974.6 1,715.1 1,385.0 1,267.3
Pidilite Industries Ltd. 1,118.8 2,769.6 3,100.5 3,243.8
Poddar Pigments Ltd. 39.7 141.9 95.5 98.7
Polychem Ltd. 28.144 11.006 (0.823) (4.23)
Polylink Polymers (India) Ltd. (52.887) 12.739 (6.548) 41.474
Punjab Chemicals and Crop Protection Ltd. (9.2) (587.9) (63.1) NA
Rallis India Ltd. 720.2 1,014.9 1,260.4 991.8
Rashtriya Chemicals and Fertilizers Ltd.
2,105.4 2,343.2 2,453.9 2,488.3
Reliance Industries Ltd. 149,713.0 245,033.7 192,940.0 197,240.0
Sabero Organics Gujarat Ltd. 204.4 386.6 105.8 (636.5)
Sudarshan Chemicals 119.7 411.5 482.2 335.7
Syngenta India Ltd. 1,549.4 1,785.3 1,516.6 NA
Manufacturing – Monthly Update
The Fertilizers & Chemicals Travancore Ltd.
429.5 (1,038.4) (493.3) 238.2
United Phosphorus Ltd. 4,558.7 5,261.6 5,576.2 5,555.5
Vipul Dyechem Ltd. 5.251 5.601 9.637 NA
Zuari Industries Ltd. 88,987.7 61,686.0 75,987.9 18,490.5
*change in financial year
Quarterly Financial Results – Revenue (INR mn)
Company AprJun 2011
JulSep 2011
OctDec 2 011
Jan Mar 2012
Aimco Pesticides Ltd. 194.946 NA 299.6 205.42
Axel Polymers Ltd. 24.542 NA NA 30.007
Bayer CropScience Ltd. 7,732.6 7,115.5 4,835.5 2,517.8
Bhageria Dye Chem Ltd. 126.431 131.341 126.908 233.284
Bhansali Engineering Polymers Ltd. 913.9 1,032.2 1,031.6 1,166.3
Bharat Rasayan Ltd. 271.6 341.6 395.6 329.7
Bodal Chemicals Ltd. 1,301.1 1,467.1 1,348.7 1,607.3
Chambal Fertilizers and Chemicals Ltd. NA 16,422.8 17,966.1 NA
Chemcel Biotech Ltd. 1.472 NA NA NA
Chemplast Sanmar Ltd. 5,023.7 5,518.9 5,116.7 5,229.6
Chromatic India Ltd. 322.4 NA 1,090.7 NA
Coromandel International Ltd. 17,901.1 27,929.6 25,500.8 27,356.4
Dhanuka Agritech Ltd. 948.5 1,940.7 1,097.8 1,299.2
Manufacturing – Monthly Update
Excel Industries Ltd. 691.2 NA 826.7 NA
Finolex Industries Ltd. 5,058.3 4,315.2 5,677.0 5,921.6
Gail India Ltd. 88,673.8 NA 112,597.8 NA
Gujarat Narmada Valley Fertilizers Company Ltd.
6,442.1 10,206.2 10,428.8 11,543.0
Gujarat State Fertilizers & Chemicals Ltd.
12,076.8 12,641.3 13,000.2 15,300.0
Insecticides (India) Ltd. 1,218.1 2,097.1 1,055.3 847.0
Jaysynth Dyestuff India Ltd. 200.0 NA NA NA
Kalpena Industries Ltd. 2,050.7 2,219.6 2,117.3 2,768.1
Kilpest India Ltd. 34.5 91.092 45.795 NA
Meghmani Organics 2,541.5 2,774.0 2,693.6 2,440.9
National Fertilizers Ltd. 14,171.2 17,585.6 20,433.6 20,862.5
Pidilite Industries Ltd. 8,450.6 7,813.5 7,680.5 7,152.8
Poddar Pigments Ltd. 476.7 568.4 579.2 594.9
Polychem Ltd. 17.807 18.672 21.517 19.304
Polylink Polymers (India) Ltd. NA NA 69.173 71.033
Punjab Chemicals and Crop Protection Ltd.
767.4 NA 896.8 NA
Rallis India Ltd. 2,915.9 4,300.6 3,178.6 2,387.6
Rashtriya Chemicals and Fertilizers Ltd. 8,683.6 NA 15,954.5 NA
Sabero Organics Gujarat Ltd. 684.3 1,050.0 916.5 908.1
Sudarshan Chemicals 1,782.8 NA 1,636.4 NA
Syngenta India Ltd. NA NA NA NA
Manufacturing – Monthly Update
The Fertilizers & Chemicals Travancore Ltd.
5,002.3 7,324.8 8,628.3 8,028.9
United Phosphorus Ltd. 18,220.0 17,210.5 19,288.0 21,194.1
Vipul Dyechem Ltd. 65.439 NA NA NA
Zuari Industries Ltd. 11,040.8 NA 18,571.4 NA
Quarterly Financial Results – Income (INR mn)
Company AprJun 2011
JulSep 2011
OctDec 2011
Jan Mar 2012
Aimco Pesticides Ltd. (12.218) NA (10.05) (16.9)
Axel Polymers Ltd. 0.558 NA NA 0.441
Bayer CropScience Ltd. 498.8 840.5 267.0 (216.4)
Bhageria Dye Chem Ltd. 2.536 (1.941) (2.194) (3.113)
Bhansali Engineering Polymers Ltd. 72.7 (52.4) 7.0 (16.3)
Bharat Rasayan Ltd. 18.3 23.1 22.2 27.0
Bodal Chemicals Ltd. 49.3 51.8 40.2 25.6
Chambal Fertilizers and Chemicals Ltd. NA 916.5 (12.4) NA
Chemcel Biotech Ltd. (5.468) NA NA NA
Chemplast Sanmar Ltd. 17.8 (134.6) (145.9) (256.8)
Chromatic India Ltd. 3.8 NA 202.2 NA
Coromandel International Ltd. 1,588.9 2,823.8 1,306.3 668.9
Dhanuka Agritech Ltd. 100.8 209.7 78.4 182.4
Excel Industries Ltd. 0.8 NA 35.8 NA
Manufacturing – Monthly Update
Finolex Industries Ltd. 167.0 40.2 (17.6) 561.9
Gail India Ltd. 9,846.7 NA 10,914.2 NA
Gujarat Narmada Valley Fertilizers Company Ltd. 416.5 808.4 861.9 751.5
Gujarat State Fertilizers & Chemicals Ltd.
1,420.8 2,128.0 1,723.5 2,303.4
Insecticides (India) Ltd. 90.7 163.8 48.1 27.6
Jaysynth Dyestuff India Ltd. 8.5 NA NA NA
Kalpena Industries Ltd. 80.8 58.9 58.8 56.8
Kilpest India Ltd. 2.837 2.877 0.945 NA
Meghmani Organics 61.5 8.2 (33.1) (1.8)
National Fertilizers Ltd. 59.8 91.5 547.5 568.7
Pidilite Industries Ltd. 1,046.1 771.8 786.3 639.7
Poddar Pigments Ltd. 23.8 17.3 32.5 25.1
Polychem Ltd. 2.258 (1.257) (0.421) (4.611)
Polylink Polymers (India) Ltd. NA NA (2.386) 48.908
Punjab Chemicals and Crop Protection Ltd. (125.8) NA (67.3) NA
Rallis India Ltd. 231.2 585.2 76.6 98.8
Rashtriya Chemicals and Fertilizers Ltd.
39.6 NA 539.5 NA
Sabero Organics Gujarat Ltd. (150.2) (159.5) (215.3) (111.5)
Sudarshan Chemicals 112.2 NA 28.5 NA
Syngenta India Ltd. NA NA NA NA
The Fertilizers & Chemicals Travancore Ltd. (356.2) 64.1 147.9 382.4
Manufacturing – Monthly Update
United Phosphorus Ltd. 1,843.1 569.5 1,124.2 2,018.7
Vipul Dyechem Ltd. 1.914 NA NA NA
Zuari Industries Ltd. 324.6 NA 313.8 NA
Events Calendar
OneDay Workshop on AUTOMATION IN CHEMICAL INDUSTRY Date: July 13, 2012 Venue: Terrace Hall, West End Hotel, 45 New
ines, Near Bombay Hospital, Marine LMumbai – 400 020 Website http://www.indianchemicalcouncil.com/news.htm
Manufacturing – Monthly Update
Research on India (ROI) is a leading source for market research on various sectors in ndia that offers premium research content from worldwide publishers of market
orts. Iresearch rep Contact us:
mW: https://www.researchonindia.co ; International: +91 (33) 4027 6214/5 T
E: India (Toll Free): 1800 102 1133: [email protected] Connect with Us
Disclaimer: This monthly update is published for general information only based on press articles and company releases. Research on India has not independently verified any of information and is not responsible for any loss or damage arising from use of this document.
Manufacturing – Monthly Update