Page 128 - CW E-Magazine (27-8-2024)
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SUNSHIELD
INORGANIC GROWTH C H E M I C A L S L T D
Vishnu Chemicals acquires Jayansree Pharma
Improving performance through Science
for Rs. 52-crore
Hyderabad-based chemicals fi rm, Specially Formulated Products For Diverse Industries
Vishnu Chemicals Ltd., has announced
the acquisition of Jayansree Pharma
Pvt. Ltd. (JPPL) for an enterprise value SURFACTANTS
of around Rs. 52-crore. The company’s Ethylene Oxide and Propylene Oxide Condensates of
board of directors approved the acqui- Alkyl phenols: > Nonyl Phenol > Octyl Phenol > Styrenated Phenol
sition on August 19, 2024, and a share Fatty Alcohols: > Lauryl Alcohol > Cetostearyl Alcohol > Tri Decyl Alcohol
purchase agreement was signed with
JPPL and its shareholders. > Specialty Synthetic Alcohols
nearly Rs. 80-crore, said a press release “This acquisition expands the Fatty Amines: > Oleyl Amine > Stearyl Amine > Tallow Amine > Coco Amine
Vishnu Chemicals will acquire from Vishnu Chemicals. presence of Vishnu Chemicals in
100 per cent of JPPL’s shares within Visakhapatnam, Andhra Pradesh and Fatty Acids: > Stearic Acid > Oleic Acid
the next three months. JPPL, incorpo- JPPL’s plant is based at Visakhapatnam, accelerates the vision for growth and Vegetable Oils: > Castor Oil > Groundnut Oil > Soyabean Oil
rated in 2014, operates in the chemi- also the location of Vishnu Chemical’s market expansion,” said Mr. Ch. Krishna
cals industry and reported a turnover largest manufacturing unit. Murthy, CMD of Vishnu Chemicals. OTHER SPECIALTY ETHOXYLATES
of Rs. 29.54-crore for the fi nancial year THEIC > For Insulation wire enamels and as secondary PVC stabilizer
2022-23. As part of its growth strategy, Vishnu This transaction does not fall under HQEE > Chain extender for Polyurethane
Chemicals plans to commission the related party transactions and requires
Post acquisition, JPPL will become production of strontium carbonate at no government or regulatory appro- Poly oxypropylene and Poly oxyethylene derivatives of
a wholly-owned subsidiary of Vishnu this unit and start generating business vals. Vishnu Chemicals will fi nance the > Fatty Alcohols > Glycerin > EO PO Block co-polymers
Chemicals, boosting its fi xed asset by at the earliest. acquisition through cash consideration.
ANTIOXIDANTS
DCM Shriram commissions hydrogen peroxide Aminic Antioxidants > For Lubricants > Rubber and > Polymer Applications
plant in Gujarat > Nonylated Di Phenyl Amine > Octylated Butylated Di Phenyl Amine
> Styrenated Di Phenyl Amine > Di Octylated Di Phenyl Amine
Chlor-alkali major, DCM Shriram
Ltd., has announced the commission- > Cumylated Di Phenyl Amine
ing of a hydrogen peroxide (H O ) plant UREA FORMALDEHYDE RESIN
2
2
with a capacity of 52,500 tonne per
annum (tpa) at its chemical complex in Water Insoluble > For application in specialized coating application
Jhagadia, Bharuch district, Gujarat. NOW INTRODUCING
SUNPEX 2A1 > Di Alkyl Diphenyl oxide - Disulphonate
As per a stock exchange fi ling, the
plant was offi cially commissioned on
August 19, 2024. At our sister concern Indus Petrochem Ltd., we represent the following principals.
Procter & Gamble Chemicals - Fatty Alcohols (both normal & RSPO Grades) /
Hydrogen peroxide will add to our Fatty Acids / Methyl Esters / Glycerin-Moon K.
chemicals business product portfolio sis, food processing, mining and metal- sugar, chemicals, vanaspati, pottery,
and is a downstream to hydrogen pro- lurgy and environmental applications. fans, sewing machines, electric motors, Shell - Alpha Olefins C12/C14/C16 Grades,
duced at the chemicals complex, the and capacitors. DCM Shriram operates Synthetic Alcohols Neodol Series (C9/11 - C12/15).
company said in the fi ling. Hydrogen DCM Shriram is part of the DCM manufacturing facilities for fertilisers,
peroxide has wide ranging applica- Group, an industrial conglomerate chloro-vinyl products, and cement in Sunshield Chemicals Limited
tions from bleaching agent to water and involved in manufacturing a diverse Kota (Rajasthan), and for chlor-alkali 1501-A, Universal Majestic, P.L.Lokhande Marg, Opp. RBK International School, Chembur West, Mumbai - 400043 (INDIA)
wastewater treatment, chemical synthe- range of products, including textiles, products in Bharuch.
Tel: +91-22-25550126 w Email: sales@sunshieldchemicals.com w Web: www.sunshieldchemicals.com
128 Chemical Weekly August 27, 2024
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