Company History - Oriental Carbon and Chemicals
Objects and Activities: Manufacture of sulphuric acid ,single
superphosphate ,liquid sulphur trioxide ,oleum and carbon blackBrief
The company was promoted by Phillips Carbon Black Ltd.The company
entered into a technical collaboration agreement with The Dharamsi
Morarji Chemical Co. Under the agreement the collaborators were to
furnish secret technical information and process know how for the
manufacture of sulphuric acid .
1983-84:The company undertook an expansion programme of the sulphuric
acid plant with DCDA process from 25000 tonnes to 30000 tonnes per
annum.During the same year two new carbon black plants were
commissioned increasing the installed capacity by 30000 tonnes per
1986-88:Following certain liberalisation schemes the Govt reendorsed
the manufacturing capacity of carbon black from 28000 tonnes to 40000
tonnes per annum in 1986-88.
1988-89:The capacity of oleum and sulphuric acid plants were
increased to 13750 tonnes and 41250 tonnes respectively.
1989-90:The company applied for a license to increase the licensed
capacity of sulphuric acid plant from 33000 tonnes to 44000 tpa.The
company undertook a project for manufacture of 5000 tpa of insoluble
1991-92:The capacity was further re-endorsed to 50000 tpa of
insoluble sulphur .High tech know how agreement was entered into with
Sanshin Chemical Industry CO.Ltd. of JAPAN who also agreed to buyback
10% of the production of insoluble sulphur for the first five years
after commencement of production which was expected to commence by
the end of Sep 1992.
Oriental Carbon Ltd. was amalgamated with Dharuhera Chemicals Ltd on
2000 - The J P Goenka group company Oriental Carbon & Chemicals has
entered into an agreement with US-based carbon black
Continental Carbon Company for sale of its carbon black
- The Company has hived off its Carbon Black Division as a
Going Concern in favour of
M/s Posh Investments Ltd. w.e.f. 1st October, and has
been allotted 1,00,00,000 shares of
face valueof Rs 10/- each at a premium of Rs 46/- in
- Oriental Carbon & Chemicals Ltd has appointed Mr. Arvind Goenka as
Managing Director of the Company with effect from October 01, 2009.
-Oriental Carbon have recommended a final dividend of Rs. 1.50 per
Equity Share of Rs. 10/- each
-Oriental Carbon & Chemicals have recommended a final dividend @ Rs.
2/- per equity share of Rs. 10/-each
-Oriental Carbon has acquired shares of Schrader Duncan Limited
-Mr. Pranab Kumar Maity has been appointed as Senior Manager Legal,
Company Secretary &
Compliance Officer of the Company.
-Oriental Carbon have recommended a final dividend @ Rs. 3/- per
equity share of Rs. 10/- each.
-Oriental Carbon & Chemicals have recommended a final dividend of Rs.
5 per Equity Share of Rs. 10/- each.
-Oriental Carbon & Chemicals Ltd. has informed that Company's
Corporate Office being shifted to 14th Floor, Tower-B, World Trade
Tower Plot no. C-1, Sector-16, Noida-201301