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Dynachem Pharmaceuticals (Export) Ltd.

BSE: 524562 Sector: Health care
NSE: DYNAPHARMA ISIN Code: N.A.
BSE 05:30 | 01 Jan Dynachem Pharmaceuticals (Export) Ltd
NSE 05:30 | 01 Jan Dynachem Pharmaceuticals (Export) Ltd

Dynachem Pharmaceuticals (Export) Ltd. (DYNAPHARMA) - Company History

Promoted by Vinod Shah, Yogesh Shah and Akash Shah, Dynachem Pharmaceuticals (Export) (DPL) was incorporated in Dec.'92 as a public limited company. The other company in the group is Sonal Cosmetics. DPL set up a unit to manufacture micro crystalline cellulose with a capacity of 600 tpa in Gujarat. The import-substitute micro crystalline cellulose (MCC) products, are useful as binding agents. It finds application in tableting, suspensions, emulsions, chromatography, derivatives, ceramics, food, cosmetics and paints, etc. The company sells a major chunk of MCC to the pharmaceutical industry, wherein it is used in the production of tablets. MCC being a technology-intensive project, the company's ability to scale up its pilot plant to commercial size is the determining factor of its success.