Leading manufacturer of structure directing agents and phase transfer catalysts, with consistent quality

With very few players in the Indian and global market, our Company is the largest and only commercial manufacturer of SDAs for zeolites in India. It also enjoys the second largest position globally. (Source: F&S Report). We believe our strategically located manufacturing facilities and robust and technically sound R&D capabilities have enabled us to maintain the quality of our products. We believe that our large manufacturing capacity, consistent growth, experienced management, global footprint, and high-quality products makes us a reliable supplier of SDAs and PTCs. Our Company’s key chemistries and products are gaining importance in the global market. The global production of tetramethyl ammonium hydroxide was valued at around USD 1.2 billion in 2019. Having multiple applications, to inhibit nanoparticle aggregation, the tetramethyl ammonium hydroxide market is expected to grow at over 7% CAGR through 2020-25F with Korea and China dominating the market. However, with just 2-3 players in the domestic market, our Company stands an opportunity to expand and explore the global market. The SDA market remains highly consolidated with a handful of players operating at the global level. Opportunities in the automotive industry continue to grow, as compliance with the regulations regarding the emission control in commercial vehicles becomes a mandate worldwide. Our Company has managed to build a market for itself in India and across the globe with its in-depth knowledge of the chemistry. On a domestic level, the company is the only manufacturer in India. (Source: F&S Report) We have developed our technology to ensure production of high purity SDAs with PPM level of impurities.

In addition, the versatile applications of our PTC products as well as the non-regenerative nature of these products, helps in creating recurring demand for our PTC products. During the forecast period (2019-24F), the global phase transfer catalyst market is projected to expand at a CAGR of more than 5% globally. Rising demand and adoption of green chemistry in organic synthesis is expected to drive the growth of the phase transfer catalyst market across the globe. It is anticipated that the global phase transfer catalyst market will cross USD 1.4 billion by 2025F. The growth of the market is driven by a growing appetite for catalysts that can achieve faster reactions, higher yields and generate lower by-products. (Source: F&S Report)

Further, specifically for the purposes of the monitoring and maintenance of quality of our products, we have a team of 76 employees of whom 30 are dedicated to quality assurance, and remaining for quality control. We also have a modern quality control lab equipped with modern analytical equipment, which among others, enable us to give results indicating impurities up to PPM levels, thus facilitating the various quality control initiatives that we undertake. During the Fiscals ended 2018, 2019 and 2020 and in the nine months ended December 31, 2020, the average of the total return / rejection of our products as a percentage of our consolidated sales under our SDA and PTC product categories, is 0.07% and 0.46% respectively. We believe our operations are backed by strong manufacturing infrastructure, experienced and knowledgeable senior management team, strong analytical capabilities, and a technically robust R&D team.