My notes from q1ft23 concall.
China – no major change in chinese capacity, consolidation in china. 23-30% capacity is actively not available for production
Pricing of CB – Pricing is global so if the price increases globally, it increases in India as well
Capex – New plants will be built on Industry 4.0 manufacturing standard. Mundra has second phase of capex as well (i am bit confused about this so not sure, but heard them saying second phase in mundra)
R&D – India R&D 5 years old. Belgium 2.5 years old. $ departments in R&D.1- new product. 2 Raw Material (Oil engineering) different RM (all CB is not made from same oil) 3. Fundamental research on new method of making CB. 4. post production treatment
PCBL India market share is roughly 33% . 1/3 of india market
They sell 27-30 % product in the sport market
Speciality Chemical has 45 grades, developed in the last 6 years
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