Primo Chemicals Ltd Share Price

Summary

Primo Chemicals Ltd (Formerly known Punjab Alkalies and Chemicals Ltd) was incorporated in December 1975. The Company is the largest producer of Caustic Soda in Northern India and is operating two units based on Membrane Cell Technology in its Plant Complex at Naya Nangal, Distt. Ropar Punjab (India). The Company has increased its Caustic production capacity from 300 TPA to 500 TPA resultant into combined manufacturing capacity of 165,000 TPA of Caustic Soda. Key product in companys product portfolio include Caustic Soda Lye with by-products of Hydrochloric Acid, Liquid Chlorine, Sodium Hypochlorite and Hydrogen gas.In Jan.94, its caustic soda plant (inst. cap.: 37059 tpa) commenced operations. In Sep.87, the company commissioned its caustic soda concentration and flaking unit, and in 1988, completed the changeover from graphite anodes to dimensionally stable metal anodes in all the cells, and also installed an anode control and protection device in its caustic soda plant. In Oct.91, it commissioned the capacity optimisation project in phase-I, as a result of which the installed capacity of caustic soda and liquid chlorine increased to 41152 tpa and 29700 tpa respectively.With the implementation of phase-II of capacity optimisation project, the installed capacity of caustic soda increased to 50820 tpa. It also commissioned a waste air de-chlorination unit in Nov.92.PAC offered rights (premium: Rs 35) in Mar.94 to finance the expansion of its caustic soda plant by 33000 tpa ba
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