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Chembond Chemicals Ltd.

BSE: 530871 | NSE: CHEMBOND |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE995D01025 | SECTOR: Chemicals

BSE Live

Oct 18, 16:00
247.05 -3.30 (-1.32%)
Volume
AVERAGE VOLUME
5-Day
13,485
10-Day
23,199
30-Day
9,894
1,549
  • Prev. Close

    250.35

  • Open Price

    251.10

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Oct 18, 16:05
245.70 -5.10 (-2.03%)
Volume
AVERAGE VOLUME
5-Day
65,035
10-Day
190,221
30-Day
83,593
34,278
  • Prev. Close

    250.80

  • Open Price

    251.50

  • Bid Price (Qty.)

    245.70 (503)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Chembond Chemicals
 The Company was incorporated as a private limited company under the
 name Chembond Chemicals Private Limited in 1975 in the State of
 Maharashtra.  Subsequently it was converted into a public limited
 company under the name Chembond Chemicals Limited on 4/05/1993. 
 CHEMBOND was promoted by
 Dr. Vinod D. Shah and Mr. C.D.Shah.  CHEMBOND started with the
 manufacture of Metal Pretreatment Chemicals at Todi Industrial Estate
 in Bombay.  Subsequently, a plot of 1800 sq. mtrs. was acquired at
 MIDC Tarapur Industrial Area where the present factory of the Company
 was constructed in 1979.
 
 In 1983, CHEMBOND diversified into the manufacture of Cooling Water
 Treatment Chemicals.  In 1992 the Company undertook an expansion of
 its facilities at Tarapur, doubling the factory premises and
 substantially increasing the production capacity.  This expansion was
 completed in
 the third quarter of 1993.
 
 In 1994, CHEMBOND signed a technology transfer agreement with
 Freiborne Industries, Inc., USA for the manufacture of cold forming
 lubricants for the wire drawing industry.  The Company also added
 other speciality chemicals to its product line like, anti-corrosive
 coatings, construction chemicals, maintenance products and water
 management
 plants. 
 
 A collaboration agreement has been signed with SKW Trostberg, AG,
 Germany for their range of construction chemicals.
 
 PRODUCTS
 
 CHEMBOND is presently engaged in the manufacture of the following
 products which find use in the areas mentioned.
 
 a) Metal Pretreatment Chemicals - processes for the preparation of
 metallic surfaces prior to painting for the improvement of corrosion
 resistance and paint adhesion. These products are used in
 automobiles, appliances, bicycles, two and three wheelers, control
 panels, machinery
 etc.  They are also used by the wire and seamless tube drawing
 industry as carriers for lubricants.
 
 b) Water Treatment Chemicals - speciality chemicals for the
 prevention of corrosion, scale, and biological growth in the cooling
 water systems of refineries, power plants, petrochemical plants,
 fertilizer plants, steel mills etc. 
 
 c) Maintenance Products - special rust preventing compounds, paint
 removers and rust converters.
 
 d) Lubricants for the wire and seamless tube drawing industry.
 
 e) Construction Chemicals - concrete admixtures, sealants,
 waterproofing compounds, grouts, etc. for the building and
 construction industry.
 
 f) Anti-corrosive coatings - special high performance coatings for
 marine and corrosive environments.
 
 g) Water Management Plants for treatment of industrial water -
 Demineralized Water Filtration, Reverse Osmosis Plants, etc.
 
 EXPORTS
 
 CHEMBOND has been registered with various agencies to function as
 manufacturers and merchant exporters.
 
 CHEMBOND was actively exporting  Dyestuffs and allied chemicals
 between 1991 and 1992.
 
 But thereafter a thrust was applied to promoting Chembond's own range
 of speciality chemicals.  The exports of Chembond's products have
 recorded a decent growth every year.
 
 Products from the Pretreatment chemicals range are exported to the
 U.S.A and South America.  The products from the Water Treatment
 Chemicals division are exported to Thailand.  Chembond's export
 turnover has increased from US$ 836 in 1990-91 to US$ 71,989 in
 1993-94.
 
 All the exports of ths Company are supported by efficient technical
 services.
 
 New products are also being developed keeping in view the export
 market for speciality chemicals.
 
 2001
 
 -Takeover of Drewtreat Chemicals Limited and simultaneous Joint
 Venture with Ashland Inc, USA for Water treatment chemicals
 
 -Chembond buys 55% of Goodlass in Drewtreat.
 
 2002
 
 -The Company inaugerated Children Activity Center  Boisar,
 Maharashtra.
 -The Comapany Launched environmental bio-products.
 
 2004
 
 -The Company has recommended dividend of 24% on the equity shares.
 
 2006
 
 -The Company starts a plant at Baddi, Himachal Pradesh.
 
 -The Company has appointed Mr. Sharad M Mahadik as an Alternate
 Director of the Company
 
 -The Company has recommended dividend @ 32.5% (Rupees 3.25 per share)
 on the equity shares.
 
 2007
 
 -The Company has recommended the dividend of 32.5% (Rupees 3.25 per
 share) on the equity shares of the Company.
 
 2008
 
 -Chembond starts up new plant in Gujarat.
 
 -The Company approved merger of the Shree Mahalasa Electronics Pvt
 Ltd and with the Company. 
 
 -The Board recommended the dividend of 35% (Rs 3.50 Per Share).
 
 2009
 
 -Chembond confirms acquisition of Protochem Industry.
 
 2010
 
 -Chembond Chemicals Ltd and H2O Innovation, Inc. sign joint venture
 agreement, create H2O Innovation India Ltd.
 
 -Plant at Sitarganj, Uttrakhand.
 
 -Chembond Chemicals has given the Bonus in the Ratio of 1:1
 
 -The Board has recommended the dividend of Rs. 1.75 per share.
 
 2011
 
 -The Company has recommended the dividend of Rs. 2.15 per Share.
 
 -H2O Innovation India Limited Opens manufacturing plant.
 
 2012
 
 -The Company appointed Mr. Sameer V. Shah as the Chairman and
 Managing Director of the Company.
 
 -The Company appointed Mr. Nirmal V. Shah as the Vice - Chairman and
 Managing Director of the Company.
 
 -The Company recommended Dividend of Rs. 2.35 per equity share of Rs.
 10/- each.
 
 2014
 
 -Mr. Varadvinayak Vijay Khambete has been appointed as Company
 Secretary and Compliance Officer of the Company.
 
 -Board has recommended a dividend of Rs.3/- per equity share of Rs.
 10/- each.
 
 2016
 
 -Company has signed a JV agreement with I-Chem Solution Sdn Bhd,
 Malaysia, operating in the water treatment solutions business.