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VINYLINDIA
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About Vinyl Chemicals (I)
Incorporated in 1986 as a public limited company, Vinyl Chemicals (I) manufactures vinyl acetate monomers (VAM). It was promoted by the Parekh group -- a well-known group which manufactures and sells the Fevicol brand of adhesives, synthetic resins, binders, surfactants, pigments, etc -- and SICOM, a Government of Maharashtra enterprise.
Uhde Gmbh, Germany, (a subsidary of Hoechst) has provided the technology for manufacturing Vinyl Acetate Monomer. Apart from providing technology the German colloborator provided basic engineering services and trained personnel for errection and start-up activities.
This is the first company to manufacture VAM directly from petrochemical ethylene. VAM is a versatile petrochemical used in the manufacture of polyvinyl acetate, polyvinyl alchohol, ethylene vinyl acetate co-polymers, vinyl acrylic co-polymers, acrylic fibres, etc. Nearly 45% of the company's product is taken up by its group concern, Pidilite Industries, and other group companies.
The company expanded it's capactiy to produce VAM to 16400 TPA in May '99 with basic engineering help provided by Krupp Uhde Gmbh, Germany. During 2000-2001 the company has taken steps to implement debottlenecking expansion proposal to increase the capacity to 24500 TPA and the same was completed in 2001-02. The Oxygen/nitrogen was installed & commissioned in february,2002.
Parent Organisation
Parekh BK
Managing Director
M B Parekh
Founded
1986
NSE Symbol
VINYLINDIA
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AngelOne
10th July 2024
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AngelOne
10th July 2024
Vinyl Chemicals (I) Ltd-latest-market-updates-88465
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Vinyl Chemicals (i) Ltd FAQs
What is the share price of Vinyl Chemicals (i) Ltd (VINYLINDIA) shares?
Vinyl Chemicals (i) Ltd (VINYLINDIA) share price as of July 26, 2024, on NSE is Rs 398.1 (NSE) and Rs 398.1 (BSE) on BSE.
Can I buy Vinyl Chemicals (i) Ltd (VINYLINDIA) from Angel One?
Yes, You can buy Vinyl Chemicals (i) Ltd (VINYLINDIA) shares by opening a Demat account with Angel One.
How do I buy Vinyl Chemicals (i) Ltd (VINYLINDIA) from Angel One?
Vinyl Chemicals (i) Ltd (VINYLINDIA) share can be bought through the following modes:
1. Direct investment: You can buy Vinyl Chemicals (i) Ltd (VINYLINDIA) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Vinyl Chemicals (i) Ltd (VINYLINDIA) shares.
1. Direct investment: You can buy Vinyl Chemicals (i) Ltd (VINYLINDIA) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Vinyl Chemicals (i) Ltd (VINYLINDIA) shares.
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