Chemplast Sanmar IPO - Strengths, Business Strategy, Key Concerns: HDFC Securities Retail Research
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HDFC Securities Retails Research's IPO Report
Chemplast Sanmar Ltd. is a specialty chemicals manufacturer in India with focus on specialty paste polyvinyl chloride resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors.
It is one of India’s leading manufacturers of specialty paste PVC resin on the basis of installed production capacity, as of December 31, 2020.
In addition, it is also the third largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in the South India region, on the basis of installed production capacity as of December 31, 2020 and one of the oldest manufacturers in the chloromethanes market in India.
Chemplast Sanmar has four manufacturing facilities, of which three are located in Tamil Nadu.
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