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| Annual Report 2008-09
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Polymers
Products
Epoxy Resins Others
Sales remained almost stagnant during
the year, mainly because of poor exports
to Europe and due to the non-availability
of products consequent to a fire accident
in the main plant. Brand sales registered
a good growth.
The products made by the Division are
used mainly by the Construction and
Paint & Coatings Industries. There are
large capacities installed by established
companies operating world-wide, most
of whom are well integrated. In India,
there are two large producers, and the
Division happens to be one of them.
The Division is well established in the
domestic marketplace in terms of quality
and reach. Though a large producer in
India, it has a small capacity compared to
world standards. The Division is exploring
new products based on synergy and
strengths. The competition is from within
India and outside.
2007-08
2008-09
% change over 2007-08
Operating revenues (Rs crores)
192
194
1
Contribution to total operating revenues (%)
19
16
(3)