VINYLINDIA

Overview

Vinyl Chemicals India Ltd (VINYLINDIA) is a chemical company headquartered in Mumbai, India. It was incorporated in 1986 and is a part of the Parekh Group of Companies. The company's main business is the trading of vinyl acetate monomer (VAM), a chemical used in the production of a variety of products, including paints, adhesives, and textiles. VINYLINDIA also manufactures VAM, but its manufacturing operations were demerged in 2007 and are now owned by Pidilite Industries Limited.

History

Vinyl Chemicals India Ltd was founded in 1986 by the Parekh Group of Companies and SICOM, a Government of Maharashtra enterprise. The company's initial focus was on the manufacturing of VAM, and it built a plant in Mahad, Maharashtra, to produce the chemical. In the early 1990s, VINYLINDIA began to expand its trading operations, and it now imports and distributes VAM from a variety of global suppliers.

How the company operates

VINYLINDIA operates in two main segments: trading and manufacturing. The trading segment accounts for the majority of the company's revenue, and it involves the import, distribution, and sale of VAM. The manufacturing segment is smaller, but it is still important to the company's operations. VINYLINDIA's manufacturing plant in Mahad has a capacity of 50,000 tonnes per year, and it produces VAM for the company's own use and for sale to third parties.

The future

VINYLINDIA is well-positioned for future growth. The demand for VAM is expected to grow in the coming years, due to its use in a variety of products. The company is also expanding its trading operations, and it is looking to enter new markets.

Conclusion

Vinyl Chemicals India Ltd is a well-established chemical company with a strong track record. The company is well-positioned for future growth, and it is a good investment for investors who are looking for exposure to the chemical industry.

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