|₹826 / ₹510|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Chemplast Sanmar Ltd (formerly knwon as Chemicals & Plastics India (CPIL)), incorporated in 1962 was promoted as Urethanes India by Chemplast, the flagship of the Sanmar group, Tamilnadu. It became a fully-owned subsidiary of Chemplast in 1991 when the name was changed to the present one. The company set up a 2500 tpa thermoplastic polyurethane plant in Tamilnadu in technical collaboration with BF Goodrich Company, US. It manufactures caustic soda, chlorine, chlorinated solvents, PVC, refrigerant gases and industrial alcohol. In 1991-92, the capacity of PVC was enhanced to 48,000 tpa, making it the third largest manufacturer of PVC resin in the country. The company formed Peroxides India in collaboration with Atochem, US, for a wide variety of polymerisation initiators; and Drechem Speciality Chemicals, in technical collaboration with Dragoco, Germany, to manufacture aromatic chemicals. The PVC capacity is being enhanced from 48,000 tpa to 60,000 tpa and that of chloromethanes is being enhanced to 25,000 tpa. In 1995-96, Metkem Silicon, a subsidiary of the company manufacturing poly and mono crystalline silicon was merged with the holding company.