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Thirumalai Chemicals shuts one Stream of its Phthalic Anhydride plant

23 Apr 2013 Evaluate

Thirumalai Chemicals has shut down one Stream of its Phthalic Anhydride (PA) plant on April 22, 2013, due to large inventories caused by large volumes of Phthalic Anhydride imports into India, from Russia, Japan, Iran, Israel, Korea and Taiwan during the last four months. Phthalic Anhydride is a key raw material for Plastic Additives, Colours, Paints and many other Industries.

Thirumalai Chemicals manufactures and markets organic acids, anhydrides and derivatives for a variety of global industries including plastics, resins, paints, and coatings, agro chemicals, food, pharmaceuticals, textiles, personal care, paper, etc.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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