Vinati Organics Ltd.
VINATIORGA (408)
Business-wise, it is a
very strong company 10 Yrs ROE 30+% and now trading at 16 PE.
Established in 1989, Vinati Organics Ltd. is a
specialty chemical company producing aromatics, monomers, polymers and
other specialty products. Today, the company is a leader in its field and has a
sturdy market presence in over 22 countries.
The company started operations in
its first plant in Mahad in 1992, with its focus on Isobutyl Benzene (IBB). A
decade later, in 2002, it started commercial production in its second plant in
Lote Parshuram, producing 2-acrylamido-2-methylpropane Sulphonic acid. VOL has
remarkably enhanced the scope of its facilities and now also
produces organic intermediates and aromatics.
IBB, a
specialty organic intermediary, is used as a raw material for the
manufacture of Ibuprofen, an anti-inflammatory analgesic bulk drug. VOL has
achieved a record purity level of 99.8% for IBB as against the prevailing
international standards of 99.5%. Thus, it has become a reliable supplier for
leading producers of Ibuprofen across the world.
2-acrylamido-2-methylpropane
Sulphonic acid, a specialty monomer finds several applications in oil-field
recovery, water treatment, acrylic fibre manufacturing, adhesives, personal care
products, medical hydrogel, mining industry, coatings and as dispersing and
flocculating agents. Superior technology and strategic capacity expansion plans
have made VOL the world’s largest manufacturer of both
2-acrylamido-2-methylpropane Sulphonic acid and IBB.
VOL has earned distinction of
being the only specialty chemicals company in the world to be backward
integrated. In June 2010, the company successfully started producing Isobutylene
(IB), one of the key components used to manufacture 2-Acrylamido-2-methylpropane
sulphonic acid. Apart from being used internally, IB is also sold to
agrochemical and antioxidant industry.
VOL has a keen focus on
maintaining hygiene and safety standards for manufacture of all the products.
The skilled Research & Development team has been instrumental in making
breakthrough innovations, and developing new products like N-Tertiary Butyl
Acrylamide (TBA), N-Tertiary Octyl Acrylamide (TOA) and Di Acetone Acrylamide
(DAAM).
Expertise in producing superior
quality chemical based products, coupled with the strong marketing strategies
has led the company to pinnacles of success. VOL has achieved leadership
position and boasts of a commendable client base. Our strengths lie in our
commitment to delivering the best solutions to clients, and making dynamic
strategies for taking our products to new markets.