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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.
During 2017-18, sales (external) increased by 27% from
`
138 cr to
`
175 cr. Sales in India increased by 26%
from
`
89 cr to
`
112 cr. Sales outside India increased by
29% from
`
49 cr to
`
63 cr and formed 36% of the total.
Growth on account of volume was 8%. The Company
undertook 2 projects for implementation.
The world market for Resorcinol (a key product) is estimated
at US$ 426 mn and is growing at about 2.5%. The size of the
world Tyre industry is estimated at US$ 220 bn and is growing
at about 3.7%. The size of the world Chlor-alkali industry
is estimated at US$ 44 bn and is growing at about 3.2%.
The Tyre industry is expected
to grow further because of
increasing population on the
one hand and improving
standard of living on the other.
The captive consumption of
bulk chemicals is expected to
grow as the Company expands
manufacturing capacities of its
various products. The Company
will participate in this growth
by i) widening its market reach,
ii) increasing its manufacturing
efficiencies,
iii)
generating
and adding capacities and
iv) introducing downstream
products.
The demand and prices of bulk chemicals are cyclical in nature. Fluctuations in foreign exchange may impact sales realisations.
Colors
Product groups: Textile dyes, Pigments, Paper dyes,
Inks, Textile chemicals, Others
The products falling under these product groups are used by
customers belonging to Textile, Paint and Coatings and Paper
industries. The product groups comprise about 603 products.
Vat Green, Pigment Red and Sulphur Black are some of the
key products.
During 2017-18, sales increased by 11% from
`
407 cr
to
`
452 cr. Sales in India increased by 5% from
`
224 cr to
`
236 cr. Sales outside India increased by 18% from
`
183 cr
to
`
216 cr and formed 48% of the total. Growth on
account of volume was 12%. The Company completed 2
projects. Rudolf Atul Chemicals Ltd (RACL), a joint venture
company formed in 2011-12, provides a complete range of