The 5-year analysis of Mysore Petro Chemicals Ltd's performance infers:
We analysed the performance of Mysore Petro Chemicals Ltd share prices over the last 10 years. Here is what we found out:
Mysore Petro Chemicals, incorporated on June 9, 1969, is engaged in the manufacturing and sale of chemicals. The company earlier known as Premier Petro Chemicals, it got its present name on September 3, 1970. The company is part of the M M Dhanuka group, which has promoted IG Petrochemicals and associate companies.
In the year 1969, the company entered into an agreement with Chemische Fabrik Von-Heyden GmbH, West Germany (Heyen) for the supply of know-how and catalyst for the manufacture
In the year 1969, the company entered into an agreement with Chemische Fabrik Von-Heyden GmbH, West Germany (Heyen) for the supply of know-how and catalyst for the manufacture of phthalic anhydride based on partial catalytic oxidation of orthoxylene. The overseas company also agreed to guarantee the performance.
The company also entered into an agreement with Lurgir Mineraloeltechnik GmbH, West Germany (Lurgi) for supply of basic engineering and special equipment for the battery limits plant from West Germany.
Mysore Petro Chemicals is located at Raichur in Karnataka and Taloja in Maharashtra. The manufacturing units have installed capacities of 12,000 MTPA phthalic anhydride and 5,400 MTPA maleic anhydride. The process know-how for the anhydride plant was supplied by Chemische Fabrik Von-Heyden GmbH, West Germany. The products find application in paints, plasticizers, polyvinyl compounds, alkyd resins, dyes and pigments and unsaturated polyester resins among other products.
The registered office of the company is at D/4, Jyothi Complex, 134/1, Infantry Road, Kumara Park, Bangalore-560001, Karnataka.
Business area of the company
The company is engaged in the manufacture and sale of chemicals. Its products include phthalicanhydride and maleicanhydride.