The Company was established in 1960.
It manufactures and produces Carbon Black and its by Products.
The company was formed by Phillips Petroleum Co., a major Oil Company
and a leading manufacturer of Carbon Black in U.S.A. and the Agency
house of Duncan Brothers & Co.Ltd.,Calcutta. Carbon Black, an
essential component in the manufacture of rubber and synthetic rubber
articles and motor vehicle tyres, printing and painting industries,
Under the Research and Development programme, the Carbon Black plants
constructed towards implementing the project under the new company,
Oriental Carbons Ltd., at Ghaziabad and the Gujarat Carbon Ltd. at
Palej. The Company invested Rs 572 lakhs representing 24% of Equity
Share Capital of India Polyfibres Limited which has set up a plant in
Uttar Pradesh for the manufacture of Polyester Staple Fibre.
The Company is considering various proposals in the field of
Electronics and also to diversify into exports of various items as
The Onshare Investments Ltd., Carniwal Investments Ltd., Philcarb
Investments & Industries Ltd., Philcarb Industrial Finance Ltd., PCBL
Industrial Finance Ltd. and Chinar Circuits Ltd. are the subsidiaries
of the company.
2001 - The 100-tonne per day Phillips Carbon Black unit at Kochi was
shut down on July 28, after a large contingent of
people in the vicinity stormed its gates alleging pollution from the
2003 - Phillips Carbon Black Ltd. has informed the Exchange that Mr.
K Mukherjee has been appointed as Company Secretary w.e.f. May 01
2003 on the retirement of Mr. T K Banerjee from the services of the
- Company's Commercial Paper has been rated as PR1 by Credit Analysis
& Research Ltd.
- Phillips Carbon Black Ltd delists equity shares from Jaipur Stock
Exchange Limited w.e.f. August 17, 2004 under voluntary delisting
guidelines as prescribed by SEBI (Delisting of Securities) Guidelines
-Phillips Carbon Black Ltd has informed that Mr Ashok Goyal, who has
been appointed as Managing Director (Designate) with effect from July
01, 2006 has been inducted in the Board of Directors of the Company
with effect from October 23, 2006.
-Phillips Carbon Black Ltd has informed that Mr. Ashok Goyal has now
taken charge as Managing Director of the Company effective December
01, 2006 from Mr. Sudhir Sahgal, the erstwhile Managing Director of
-Phillips Carbon Black Ltd has informed that Mr. Sudhir Sahgal has
ceased to be a Director of the Company with effect from December 01,
-Phillips Carbon Black Ltd has informed that a Joint Venture
Agreement between nominee of Phillips Carbon Black Ltd and
subsidiaries of Vietnam National Chemical Corporation has been signed
on May 09, 2008 at Ho Chi Minh City in Vietnam for setting up carbon
black facility of 1,00,000 MT and Co-generation power plant of 16 MW
in phases in Vietnam.
-Phillips Carbon Black Ltd Commissioning of 30 MW Power Plant t
- Phillips Carbon Black Ltd dividend of 40% and Golden Jubilee Year
dividend of 10% for the year ended March 31, 2010.
- Phillips Carbon Black Ltd Appointed Mr. Jatin Kapoor as Chief
Financial Officer of the company.
- Phillips Carbon Black Ltd Commencement of 10 MW co-generation power
plant at Kochi, Kerala (Total Power Capacity: 68 MW)
-Phillips Carbon Black Ltd Recommends a dividend of 50% i.e. @ Rs.
5/- per share for the year ended March 31, 2011,
- Phillips Carbon Black Ltd Commencement of 50,000 MT carbon black
plant at Mundra (Total Carbon Black Capacity: 4,10,000 MT).
- Phillips Carbon Black Ltd Commencement of 8 MW co-generation power
plant at Mundra, Gujrat (Total Power Capacity: 76 MW)
- Phillips Carbon Black Ltd Commencement of 12,000 MT carbon black
plant at Durgapur (Total Carbon Black Capacity: 4,22,000 MT)
-Phillips Carbon Black has recommended a dividend of 5% .
-Mr. Shashwat Goenka has been appointed as an Additional Director of
Phillips Carbon Black Ltd.