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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.