Southern Petrochemicals Industries Corporation Ltd - S P I C Share Price

Summary

Southern Petrochemical Industries Corporation Ltd is one of largest Indian fertilizer manufacturers. The company is engaged in the manufacture/ import and sale of nitrogenous and phosphatic fertilizers, besides business interests in engineering, biotech and pharmaceuticals. They have seven manufacturing units spread across Tamil Nadu. Their subsidiaries include Orchard Microsystems Ltd, SPIC Petrochemicals Ltd, SPEL Semiconductor Ltd, Indo-Jordan Chemicals Company Ltd, Ind-Ital Chemicals Ltd and SPIC Fertilizers and Chemicals Ltd, Mauritius.The company operates in four divisions, namely fertilisers, pharmaceuticals, engineering & construction services and agri-business divisions. Their fertilisers division manufactures fertilisers and intermediates; the pharmaceuticals division manufactures penicillin-G and other formulations. The engineering division offers specialized and turnkey project-based solutions and agri-business includes tissue culture plants, hybrid seeds, bio-fertilisers etc. The pharmaceuticals division consists of four strategic sub-divisions, namely penicillin-G, APIs, finished dosage products and industrial enzymes.Southern Petrochemical Industries Corporation Ltd was incorporated in the year 1969 at Chennai. In the year 1979, the company installed a pure Gas Hydrogen Recovery Unit to increase Ammonia Production. In the year 1983, they acquired two chemicals tankers, namely Spic Pearl and Spic Emerald for regular delivery of phosphoric acid from overseas... Read More