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Alkyl Amines Chemicals Ltd.

BSE: 506767 Sector: Industrials
NSE: ALKYLAMINE ISIN Code: INE150B01021
BSE 00:00 | 21 Jun 680.00 -9.00
(-1.31%)
OPEN

689.90

HIGH

689.90

LOW

680.00

NSE 00:00 | 21 Jun 679.15 -8.75
(-1.27%)
OPEN

698.00

HIGH

698.00

LOW

676.00

OPEN 689.90
PREVIOUS CLOSE 689.00
VOLUME 127
52-Week high 790.00
52-Week low 362.00
P/E 21.57
Mkt Cap.(Rs cr) 1,387
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 689.90
CLOSE 689.00
VOLUME 127
52-Week high 790.00
52-Week low 362.00
P/E 21.57
Mkt Cap.(Rs cr) 1,387
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Alkyl Amines Chemicals Ltd. (ALKYLAMINE) - Company History

Alkyl Amines Chemicals (AACL) is a leading manufacturer of various aliphatic amines like ethyl amines, isopropyl amines and cyclohexyl amines, which are import- substitutes. The plant for these was set up in technical collaboration with Leonard Process Co Inc, US, in 1962. A second plant was set up in 1991 to manufacture ethyl and methyl amines in technical collaboration with Acid Amine Technologies Inc, US. AACL's products find applications in agro chemicals, pesticides, rubber chemicals, water treatment chemicals and other speciality chemicals. Some of the new products developed by the company are diethyl hydroxylamine (DEHA), dimethyl cyclohexylamine (DMCHA), speciality intermediates, insect repellents such as diethyl toluamide (DETA), besides dimethyl amino propylamine (DMAPA), various hydrochlorides and speciality corrosion inhibitors. In 1996-97, the paid up equity capital is enhanced from Rs 2.66 Cr to 3.66 Cr due to equity warrants were converted into equity shares of Rs 10 at a premium of Rs 30 per share. The installed capacity of Aliphatic Amines & Derivatives has expanded from 11000 to 13300 mtpa. The company had set up a 10000 mtpa of Ethylamines plant at Kurkumbh and was commissioned on March, 2000. It has also set up a Hydrogen plant at Kurkumbh and which was commissioned on November, 1999. In 2000-2001 the company has started commissioning Ethylamines plant at Kurkumbh and because of that the production has increased substantially with reduction in costs due to economies of scale.The commercial production of betaines for Goldschmidt Alkyl Speciality Chemicals Private Limited have commenced. During 2001-02 the company has acquired 32% of Diamines and Chemicals Ltd,Baroda which is a BIFR company under revival.Alkyl Finance & Trading Ltd was amalgamated with DACL.