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Alkyl Amines Chemicals Ltd.

BSE: 506767 Sector: Industrials
NSE: ALKYLAMINE ISIN Code: INE150B01021
BSE 00:00 | 01 Mar 5078.90 20.15
(0.40%)
OPEN

5058.00

HIGH

5149.95

LOW

5052.30

NSE 00:00 | 01 Mar 5079.60 28.20
(0.56%)
OPEN

5089.90

HIGH

5148.00

LOW

5056.00

OPEN 5058.00
PREVIOUS CLOSE 5058.75
VOLUME 2709
52-Week high 5603.20
52-Week low 1030.00
P/E 41.15
Mkt Cap.(Rs cr) 10,371
Buy Price 5082.00
Buy Qty 1.00
Sell Price 5115.00
Sell Qty 5.00
OPEN 5058.00
CLOSE 5058.75
VOLUME 2709
52-Week high 5603.20
52-Week low 1030.00
P/E 41.15
Mkt Cap.(Rs cr) 10,371
Buy Price 5082.00
Buy Qty 1.00
Sell Price 5115.00
Sell Qty 5.00

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 LtdBaroda which is a BIFR company under revival.Alkyl Finance & Trading Ltd was amalgamated with DACL.

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