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Positive Points
- Market Cap is only 10 crore
- Mutual Fund and Stock holding is Rs. 45 Crore
- Company has purchase New building worth Rs. 6 crore
- Liability is Zero "0"
Negative Point
- Company is not in any Manufacturing activity
- Only doing Trading Business of Chemical
- Low Volume , Illiquid Stock Script
About the Company
Laffans Petrochemicals Limited (an ISO 9001 - 2000 Company) set up in 1994 to manufacture ethylene oxide derivatives such as Ethoxylates, Glycol Ethers, Acetates, Triethonal-amine, and Brake fluids is located in Ankleshwar, Gujarat.The company entered into collaboration with global leader Huntsman chemicals in 2009 for manufacturing of ethylene oxide derivatives under Huntsman brand and technology. Laffans was the single largest buyer of Ethylene Oxide in India. The unit was acquired by Huntsman Corporation in first quarter of 2011. Laffans is currently focused on Trading and logistic activities based on its established trade name across the chemical sector.
The plant set up under technical assistance of Reliance Industries Ltd is in proximity to E.O supply from Reliance, Hazira. This ensures uninterrupted supply of its basic feedstock which cannot be imported due to its hazardous nature. The unit had commissioned India's largest loop reactor with state - of the - art - controlled system from ROSE MOUNT for consistent quality, This ensures a faster reaction rate and minimum residence time of un reacted EO, which results in high purity ethoxylates with low color, odor and aldehides. The minimum free EO and Dioxane content eliminates interface in the subsequent application.
This multipurpose unit geared to produce Polyethylene Glycols and EO condensates of Alkyl Phenols, Fatty Alcohols, Fatty Acids and Natural Oils also manufacture Esters of stearates & oleates, Ethoxylates , Glycol Ethers , Ethanol Amines. The unit was acquired by Global leader Huntsman Corporation in first quarter of 2011.
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