Chemplast Sanmar IPO - Favorable Industry Dynamics To Support Diversified Business Growth: KRChoksey
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KRChoksey Research's IPO Report
Chemplast Sanmar Ltd. is a specialty chemicals manufacturer primarily focused on specialty paste polyvinyl chloride resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors.
Chemplast Sanmar is a part of SHL Chemicals Group owned by Sanmar Holdings Ltd; an oldest corporate groups in South India region.
Since 2016, Fairfax India Holdings Corporation based in Canada has invested in SHL Chemicals Group through FIH Mauritius Investments Ltd.
Additionally, the company deals in various other chemicals such as, caustic soda, chloromethanes, refrigerant gas and hydrogen peroxide.
The company also manufactures intermediate products that are used as raw materials such as ethylene dichloride, vinyl chloride monomer, chlorine and hydrogen.
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