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Aarti Industries reclassifies its business segment

08 Aug 2011 Evaluate

Aarti Industries, in a bid of better understanding of its business has reclassified business segment based on the nature of product and their respective end-uses. The new segments are Performance Chemicals, Agri-Intermediates & Fertilizers, Pharmaceuticals and Home & Personal Care Chemicals. This reclassification of business segment will not have any financial impact on the company.

The Performance Chemicals consist of chemicals with applications into high performance polymers, paints, pigments, printing inks, rubber chemicals, additives, dyes, flavours & fragrances etc. while Agri-Intermediates & Fertilizers consist of chemicals with applications into crop protections & nutrients.

Further, Pharmaceuticals consist of active pharmaceutical ingredients (APIs) while Home & Personal Care Chemicals consist of chemicals with applications into home, personal & oral care range of products such as shampoo, detergents, toothpaste etc.

Aarti Industries, an Aarti Group company is a leading manufacturer of speciality chemicals with diversified end-uses into agrochemicals, pharmaceuticals, high performance polymers, paints, pigments, printing inks, rubber chemicals, additives, dyes, flavours & fragrances, home & personal care applications etc.

Peers
Company Name CMP
Godrej Industries 1098.10
SRF 2525.80
BASF India 3520.80
Pidilite Inds. 1530.00
Tata Chemicals 652.10
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