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National Peroxide Ltd.

BSE: 500298 Sector: Industrials
NSE: NATPEROXID ISIN Code: INE585A01020
BSE 00:00 | 27 Jul 2321.40 40.80
(1.79%)
OPEN

2294.80

HIGH

2395.00

LOW

2281.00

NSE 05:30 | 01 Jan National Peroxide Ltd
OPEN 2294.80
PREVIOUS CLOSE 2280.60
VOLUME 54891
52-Week high 2900.00
52-Week low 1724.00
P/E 38.45
Mkt Cap.(Rs cr) 1,335
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2294.80
CLOSE 2280.60
VOLUME 54891
52-Week high 2900.00
52-Week low 1724.00
P/E 38.45
Mkt Cap.(Rs cr) 1,335
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

National Peroxide Ltd. (NATPEROXID) - Company History

National Peroxide (NPL) was jointly promoted by The Bombay Dyeing & Manufacturing Company and Laporte Industries UK. The peroxygens division of the company manufactures hydrogen peroxide and persalts. And the other plastic additives division produces litharge and PVC stabilisers. The first plant manufacturing hydrogen peroxide using the electrolytic process was set up in 1956. In 1972 NPL adopted the latest auto oxidation technology. A captive hydrogen gas plant was set up in 1987. After a series of expansions the capacity of the hydrogen peroxide plant has increased to 15000 tpa. In 1970 Laporte joined hands with Solvay Belgium and formed a joint venture known as Interox Coordination. In 1992 Solvay took over Interox Coordination and became a shareholder of NPL with a 25.10% stake. NPL established a plant in Dewas Madhya Pradesh to manufacture litharge and plastic additives (inst. cap.: 4800 tpa) in 1989 in collaboration with Akzo Chemie Germany. NPL produces litharge lead stabilisers solid metal complexes liquid metal complexes epoxidised soya bean oil and one-pack stabiliser systems in Dewas. In June 2000 NPL sold it's Dewas division to M/s Barlocher India Additives Pvt. Ltd. an indian arm of M/s Barlocher GmbH. The company handed over the plant on June 30 2000 as per the conciliation agreement with the M/s Barlocher Gmbh Germany. The sale proceeds were used to pay off high cost loans.It established an integrated research centre in Kalyan in 1979 (cost : Rs 1.5 cr) to promote the applications of hydrogen peroxide and persalts in various industries to carry out process development and to provide technical services required for plastic additives. NPL's real estate project named Naperol Tower is completed and the company sold 121 flats during the year 2000-01 and the remaining 38 flats are to be sold.

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