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Camlin Fine Sciences Ltd.

BSE: 532834 Sector: Industrials
NSE: CAMLINFINE ISIN Code: INE052I01032
BSE 00:00 | 30 Mar 37.85 0.60
(1.61%)
OPEN

37.00

HIGH

39.10

LOW

35.40

NSE 00:00 | 30 Mar 37.95 0.90
(2.43%)
OPEN

36.90

HIGH

38.90

LOW

35.20

OPEN 37.00
PREVIOUS CLOSE 37.25
VOLUME 67023
52-Week high 89.90
52-Week low 33.40
P/E 27.23
Mkt Cap.(Rs cr) 459
Buy Price 37.85
Buy Qty 50.00
Sell Price 39.10
Sell Qty 500.00
OPEN 37.00
CLOSE 37.25
VOLUME 67023
52-Week high 89.90
52-Week low 33.40
P/E 27.23
Mkt Cap.(Rs cr) 459
Buy Price 37.85
Buy Qty 50.00
Sell Price 39.10
Sell Qty 500.00

Camlin Fine Sciences Ltd. (CAMLINFINE) - Chairman Speech

Company chairman speech

Dear Fellow Shareholders

The Chemical industry in India has benefitted due to the fact that the global playersare in constant lookout for responsible partners for their chemical requirements. With avertically integrated value chain Camlin Fine Sciences (CFS) has tried to capitalize onthis opportunity and grow at a faster pace through its global foot-print with itssubsidiaries in Asia Europe North America South and Central America.

We bring innovative solutions into areas that impact our senses and everyday life -from food to fragrance to animal nutrition to pharmaceuticals and petrochemicals. We wantmore and more people across the globe to experience CFS through its products and thereforeour strategies are focussed towards growth of our key business segments Shelf LifeSolutions Performance Chemicals and Aroma Ingredients. We believe in helping ourcustomers grow by providing them customised solutions through our blends business which isgrowing at a very fast pace and has exhibited significant growth. To expand our globalfootprint in blends we have set up a blending facility in Europe in addition to ourexisting blends facility in Mexico Brazil & North America.

Aroma Ingredients play a major role in various industries and the key ingredientrequired for the same is Vanillin. The Global Vanillin market is expected to reach USD 725Mn by 2025 with an expected CAGR of 8.4% due to end-use industries such as food &beverages fragrances and pharmaceuticals. This gives our vanillin business an opportunityto grow further through our China Subsidiary CFS Wanglong Flavours (Ningbo) Co. Ltd.

The global pet food market was valued at USD 87.08 Bn and is expected to register aCAGR of 5.4% during 2019-2025. Our subsidiaries in Mexico and North America arecapitalizing on these opportunities in the pet foods market. In fact North America is thelargest geographical segment for pet food and accounted for a share of around 39.2% of theoverall market and we are proud to inform you that our North America subsidiary viz. CFSNorth America LLC has seen a turnaround in the last quarter of this year. The animalnutrition business in the Asia Pacific region has seen the highest growth and for thisreason we have entered into a Joint Venture with Pahang Pharma (S) Pte.

Ltd Singapore to penetrate further in the ASEAN market. Our subsidiary at Brazil foranimal nutrition is performing well due to the launch of new products and betterpenetration of Latin American markets.

With the ongoing progress and impetus for further growth we strive to improve andenhance our productivity through constant upgradation of technology and continuousresearch and development. This has helped us become one of the leading integrated globalplayer in antioxidants and vanillin.

The construction of the diphenol manufacturing facility at Dahej had been prolongedthis year due to delayed financial closure but we are glad to inform that now things areon track and the facility will commence operations in the second half of FY20. This willmake us the second largest and also one of the lowest cost producers of Hydroquinone andCatechol in the world. This will also be one of the growth drivers for the PerformanceChemicals business as with this increased capacity of diphenols we will be able to caterto the growing demand in this segment.

CFS has now turned around and aims to grow and attain new levels through our hard workand passion of serving millions of lives and contributing our bit in developing a bettertomorrow.