Skip to main content

Posts

Showing posts with the label oil field recovery

Vinati Organics

Vinati Organics is in the business of supplying chemicals – specifically it supplies IBB (intermediate) for manufacturing Ibuprofen and ATBS (monomers) used in oil-field recovery, water treatment, acrylics manufacturing etc. The company holds leading competitive positions in its industries – it’s the largest supplier of IBB in the world and second largest supplier of ATBS in the world. The company has reported consistent growth in revenues and operating profits over the last five years – reporting 64cr in operating profits on revenues of over 315cr in the last financial year while operating with modest net debt of about 75cr. The business is exposed to the risks of economic downturns, crude oil price declines, weakening of US$ and lack of skilled labour.