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Chemcon Speciality Chemicals Ltd.

BSE: 543233 Sector: Industrials
NSE: CHEMCON ISIN Code: INE03YM01018
BSE 00:00 | 17 Aug 408.90 -5.25
(-1.27%)
OPEN

415.00

HIGH

417.85

LOW

403.75

NSE 00:00 | 17 Aug 409.00 -4.75
(-1.15%)
OPEN

411.05

HIGH

418.15

LOW

403.50

OPEN 415.00
PREVIOUS CLOSE 414.15
VOLUME 35390
52-Week high 482.45
52-Week low 262.30
P/E 20.02
Mkt Cap.(Rs cr) 1,498
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 415.00
CLOSE 414.15
VOLUME 35390
52-Week high 482.45
52-Week low 262.30
P/E 20.02
Mkt Cap.(Rs cr) 1,498
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Chemcon Speciality Chemicals Ltd. (CHEMCON) - Company History

The Company was incorporated as Chemcon Speciality Chemicals Private Limited in 1988. The Company got converted from Private Limited to a Public Limited Company effective from 10th April 2019 in Ahemdabad Gujarat. The Company is in pharmaceutical intermediates Silanes and Oilfield Chemicals (Completion Fluids) industry. The Company is a leading manufacturer of specialized chemicals such as Hexamethyldisilazane (HMDS) and Chloromethyl Isopropyl Carbonate (CMIC) which are predominantly used in the pharmaceuticals industry and inorganic bromides predominantly used as completion fluids in the oilfield industry.The Company is an ISO 9001:2015 and 14001:2015 certified company for the Manufacture and supply of Pharmaceutical Intermediates Silanes and Oilfield Chemicals. The Company is one of the reliable partners for completion brines and the largest manufacturer of calcium bromide in India. The Company acquired many strategic and valuable assets to enrich its portfolio. The acquisitions have helped the Company to spread its wings across geographies new applications and customers along with delivering enhanced earnings that have benefited shareholders. The Company has a manufacturing plant located in Manjusar near Vadodara in the State of Gujarat Western India. Within manufacturing facilities the Company currently have seven individual operational plants along with warehouses for storage of products and raw materials. The Company also have an in-house laboratory to test raw materials procured and the products at various stages of the manufacturing process.There are three major products manufactured and sold across more than 12 countries resulting in a widespread supply chain network. Chemcon continually invests in initiatives for supply chain optimization capability building of its trade partners and the sales force. The constant observation and revision for all the manufacturing facilities help in getting better response. The key to an efficient supply chain management system is the use of technology solutions and predictive analytics for capturing accurate data and making proper decisions.Information technology provides continuous support to business operations by offering competitive advantages to the Company. A comprehensive ERP system has been implemented which helps Chemcon increase its supply chain and provides accurate forecasts for sourcing and supply. The IT system and infrastructure are continuously examined and improved with appropriate and timely upgradation.In 1995-1998 the Company made first sale of a few chemical products like Pyridine Hydrobromide Para Nitro Benzyl Bromide Methyl Iodide and GA-1.The Company commenced HMDS business in 2001 and discontinued a few products due to lower demand in 2003.In 2005 the Company commenced first export shipment of HMDS Amalgamation of Chemcon Engineers Private Limited with Gujarat Quinone Private Limited and changed the name to `Chemcon Speciality Chemicals Private Limited'.

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