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वांटेक इंडस्ट्रीज > कंपनी इतिहास > Pesticides & Agro Chemicals > कंपनी इतिहास का वांटेक इंडस्ट्रीज - बीएसई: 530509, NSE: N.A

वांटेक इंडस्ट्रीज

बीएसई: 530509  |  NSE: N.A  |  ISIN:  |  Pesticides & Agro Chemicals

कंपनी इतिहास - वांटेक इंडस्ट्रीज
VANTECH INDUSTRY LIMITED was Incorporated on 18th September 1984, as a
 private limited Company, under the name Vantech Pesticides Private
 Limited under the Companies Act, 1956. The name of the Company was
 changed to Vantech Pesticides Limited with effect from 15th May 1986
 in terms of special resolution dated 14/4/1986 passed under Section
 31(1)/44 of the Companies Act, 1956 and a fresh certificate of
 incorporation obtained.  The name of the Company was changed
 subsequently to Vantech Industry Limited with effect from 25th
 February 1994 under the provisions of Section 23(1) of the Companies
 Act, 1956 and a fresh certificate of incorporation was obtained.  The
 Company was incorporated with the objective of carrying on business in
 the fields of
 agrochemical, chemicals, bulk drugs and pharmaceuticals among other
 activities.
 
 The Company was established as an Integrated Agro Chemical project
 for the manufacture 200 Tpa of Monocrotophos Technical (MCP) and 100
 Tpa of Chlorpyriphos (CPP) in the same plant during different periods
 in a year.  Technology was sourced from Indian Institute of Chemical
 Technology (IICT).  However on account of delays in transfer of CPP
 technology, the Company initially went ahead with MCP plant of
 equivalent capacity of 300 Tpa.  On account of substantial savings
 effected in project cost, a separate facility to manufacture 400 tpa
 of Butachlor Technical which could be later upgraded as an integrated
 plant to manufacture either Butachlor technical or Chlorpyriphos
 technical was also simultaneously established.  A formulation plant
 with capacity of 50% of equivalent technical material was also
 established alongside.
 
 The MCP plant went into commercial production in April 1989 and the
 Company achieved over 100% capacity utilisation in the first year
 itself.  Through technology upgradation and marginal investments on
 balancing equipment, the capacity of MCP Plant was enhanced five fold
 to 1500 tpa in the period between 1990-91 and 1993-94.  The Company
 achieved a production of 1220 tonnes of MCP during 1993-94.
 
 On account of adverse market conditions, production of Butachlor
 Technical was discontinued after initial trial runs.  However, as
 prospects for Butachlor are currently encouraging the Company
 proposes to revive Butachlor production in the near future.
 
 The Company perfected Chlorpyriphos Technical (the largest consumed
 insecticide worldwide) technology through in-house R&D and was the
 first in the country to commence its manufacture in 1992.
 
 The Company proposes to introduce Acephate in the coming year by
 utilising a part of its capacity for Monocrotophos, as market
 conditions for Acephate are encouraging, as per Statistics published
 by Pesticide Association of India and Ministry of Chemicals nd
 Fertilizers, Govt of India-Annual Report, 1993-94.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • NEWS FLASH EVE : HDFC Bank का Q2 मुनाफा अनुमान से बेहतर
  • NEWS FLASH EVE : मुनाफा `6345 Cr (`6107 Cr अनुमान था)
  • NEWS FLASH EVE : NII `13,515 Cr (`13,887.6 Cr का अनुमान था)
  • NEWS FLASH EVE : मुनाफा `5010 Cr से बढ़कर `6345 Cr (YoY)
  • NEWS FLASH EVE : ग्रॉस NPA 1.40% से घटकर 1.38% (QoQ)
  • NEWS FLASH EVE : नेट NPA 0.43% से घटकर 0.42% (QoQ)
  • NEWS FLASH EVE : प्रोविजनिंग `2614 Cr से बढ़कर `2701 Cr (QoQ)
  • NEWS FLASH EVE : मुनाफा `73.4 Cr से बढ़कर `91.4 Cr
  • NEWS FLASH EVE : NII `810 Cr से बढ़कर `980 Cr
  • NEWS FLASH EVE : ग्रॉस NPA 1.96% से बढ़कर 2.09% (QoQ)

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