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Phillips Carbon Black Ltd.

BSE: 506590 Sector: Industrials
NSE: PHILIPCARB ISIN Code: INE602A01015
BSE LIVE 15:59 | 17 Nov 980.70 75.15
(8.30%)
OPEN

919.70

HIGH

995.95

LOW

919.70

NSE 15:59 | 17 Nov 981.50 74.80
(8.25%)
OPEN

915.00

HIGH

996.90

LOW

914.70

OPEN 919.70
PREVIOUS CLOSE 905.55
VOLUME 150912
52-Week high 1094.95
52-Week low 201.00
P/E 23.11
Mkt Cap.(Rs cr) 3,380
Buy Price 0.00
Buy Qty 0.00
Sell Price 980.70
Sell Qty 875.00
OPEN 919.70
CLOSE 905.55
VOLUME 150912
52-Week high 1094.95
52-Week low 201.00
P/E 23.11
Mkt Cap.(Rs cr) 3,380
Buy Price 0.00
Buy Qty 0.00
Sell Price 980.70
Sell Qty 875.00

Phillips Carbon Black Ltd. (PHILIPCARB) - Company History

Philips Carbon Black (PCBL), a member of RP Goenka Group was incorporated on March 30, 1960 and is a leading manufacturer of various grades of carbon black in India. Columbian Chemical Corporation, US, a leading international producer of rubber blacks is the Technical Collaborator of the company. Carbon Black which is an main raw material in the production of automotive trye is produced using carbon black feedstock (CBFS) and tar oil. The company has it's manufacturing facility in Durgapur, West Bengal,at a installed capacity of 1,75,000 tpa. The company has a well-organised distribution network and its consignment agents cover the entire network of tyre manufacturing units, tyre re-treading units and other consumers all over the country. The company has four subsidiaries - Carnival Investments, Transmission Holdings, South Asia Electricity Holdings, and PCBL Industrial Finance. PCBL is the first manufacturer of carbon black in India to receive the coveted ISO-9001 certificate covering the manufacturing, marketing and designing functions. PCBL came out with an issue of equity shares at a premium of Rs 30 aggregating Rs 33.53 cr in Feb. '94. In 1996-97, Carbon and Chemicals India Ltd was amalgamated with the company. Due to an accidental release of carbon black smoke,the company was forced by the KPCB to close its Cochin factory. The company's production as well as the exports was also affected due to this closure of unit. After a distruption of 3 months the production was restored. To meet its annual demand the company has shifted its 10000 MT idel capacity from Cochin to Duragpur. Simultaneously de-bottlenecking is also in progress at Durgapur. This should increase annual capacity by 15000 MT per annum at Durgapur.