Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 Aromatics - II Product groups: Intermediates, Perfumery, Others The products falling under these product groups are mainly used by customers belonging to Fragrance and Personal Care industries. The product groups comprise about 20 products. para Cresol, Sodium Sulphate and Sodium Sulphite are some of the key products. During 2016-17, sales increased by 15% from ` 469 cr to ` 537 cr. Sales in India decreased by 12% from ` 139 cr to ` 123 cr. Sales outside India increased by 25% from ` 330 cr to ` 414 cr and formed 77% of the total. Growth on account of volume was 21%. The Company completed 2 projects and undertook 1 project for implementation. The world market for para Cresol (a key product) is estimated at 63,000 mt and is growing at about 2%. Though earlier the product used to be manufactured in the UK and the USA, China and India are now major suppliers of the product. The size of the world Fragrance industry is estimated at US$ 11 bn and is growing at about 4% and the size of the world Personal Care industry is estimated at US$ 400 bn of which personal care ingredient segment is US$ 20 bn and is growing at about 4%. The main user industries, namely, Fragrance and Personal Care, are growing well because of improving standard of living. The Company will participate in this growth by i) broadening its market reach, ii) increasing its manufacturing efficiencies, iii) generating and adding capacities and iv) introducing new products. The prices of some products may come down in a short time. Fluctuations in foreign exchange may impact sales realisations. Bulk Chemicals and Intermediates Product groups: Bulk chemicals, Adhesion promoters, Others The products falling under these product groups are used mainly for internal consumption and by customers belonging to Cosmetic, Dyestuff and Tyre industries. The product groups comprise about 21 products. Resorcinol, Resorcinol Formaldehyde Resins, Sulphur Trioxide, Chlorosulphonic Acid and Caustic Soda are some of the key products.