Overview of the IPCL (Indian Petrochemical Corporation Limited)

Type :

Theses

Pages :

49 pages

Format :

.doc

Published date :

04/03/2009

Category :

Business & market

Sub category :

Business strategy

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Summary :

Introduction
Industry profile
1. Background study
2. A study of Indian petrochemical industry
3. Vision and mission
4. Quality, environment and health & safety policies
The institution building process
Socio-economic aspects
SWOT analysis
Product flow diagram
Marketing development
Other business and organizational aspects
Graphs
Findings
Appendix
Bibliography
Conclusion

Abstract

ipcl, indian Petrochemicals corporation limited, is a pioneering petrochemicals company in India and was incorporated on 22 March 1969. It is a leading integrated manufacturer of polymers, synthetic fibers & fiber intermediates & chemical products from hydrocarbon feed stock. They also manufacture catalysts & adsorbents. ipcl was established in March 1969 as a government of India undertaking, with the objective of promoting the development of the petrochemicals industry in India, develops indian market & distributes its products. The company owns & operates three petrochemical complexes, a naphtha-based complex at Vadodara, & a gas based complex each at Nagothane near Mumbai & Dahej on Narmada estuary in the bay of Khambhat. The construction of ipcl's first petrochemicals complex began at Vadodara in 1970. Commercial production commenced in 1973. ipcl's second petrochemicals complex was commissioned in 1992 at Nagothane & the third complex at Gandhar was commissioned in 1996. In August 1992, the company's shares were listed on all major stock exchanges in India. In June, 2002 Reliance Group acquired 46% equity stake in ipcl, pursuant to the disinvestments of ipcl's equity by the Govt. of India. In the first year under the Reliance, ipcl record 18% growth in output. The company's three production unit, one Naphtha based cracker at Vadodara, & two gas based cracker, one each at Gandhar & Nagothane have recorded 14%, 29%, & 9% growth in production respectively. The company produces over 1.6 million tones of merchant products & generates a turnover close to Rs.100 billion.