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MANALI PETROCHEMICAL LTD.
Bse 500268 cmp 18.85 Equity – 114.70
Incorporated in Jun.'86, Manali Petrochemicals was promoted by Southern Petrochemicals Industries Corporation.
It manufactures import-substitute chemicals like propylene oxide, propylene glycol, polyol, isocyanate and others.
These chemicals are key inputs for the manufacture of polyurethane foams having wide ranging applications.
Propylene glycol is extensively used in pharmaceuticals, food flavours, essences, cigarettes, cosmetics and perfumery.
For its products, the company has collaborations with Ato Chem, France; Arco, USA; through Technip, France.
The company also has new improved formulations to manufacture bicycle tyres and rice mill rollers.
The company also developed a new process for manufacture of eco-friendly Glycol Ethers of which commercial production commenced.
Total Promoters Holding 38.29 % Total Public & Others 39.28 %
Sales and NP for year ended 04 – 05 were 264.4 Cr. and 23.4 Cr. Sales and NP for latest Quarter 75.9 Cr and 8.4 Cr.
On YOY basis NP has increased by 999 % & based on dec 05 – 06 quarter its increased by 16 %
Bse 500268 cmp 18.85 Equity – 114.70
Incorporated in Jun.'86, Manali Petrochemicals was promoted by Southern Petrochemicals Industries Corporation.
It manufactures import-substitute chemicals like propylene oxide, propylene glycol, polyol, isocyanate and others.
These chemicals are key inputs for the manufacture of polyurethane foams having wide ranging applications.
Propylene glycol is extensively used in pharmaceuticals, food flavours, essences, cigarettes, cosmetics and perfumery.
For its products, the company has collaborations with Ato Chem, France; Arco, USA; through Technip, France.
The company also has new improved formulations to manufacture bicycle tyres and rice mill rollers.
The company also developed a new process for manufacture of eco-friendly Glycol Ethers of which commercial production commenced.
Total Promoters Holding 38.29 % Total Public & Others 39.28 %
Sales and NP for year ended 04 – 05 were 264.4 Cr. and 23.4 Cr. Sales and NP for latest Quarter 75.9 Cr and 8.4 Cr.
On YOY basis NP has increased by 999 % & based on dec 05 – 06 quarter its increased by 16 %