Source: Transcript Document
Summary: Isostearic capex completed, deliveries starting Jul-Sep qtr onwards, 90% export, Co targeting 5-6% marketshare of a product that is 50K-55K tonnes and $400M value (i.e. $20M = ~160Cr). Only 5-6 manufacturers, no dominant manufacturer, 2 in USA, 2 in Europe, none in China/Vietnam/India, market growing 5-6%, so Fairchem entry will not put pressure in market as of now, but pricing might be discounted due to new entry. Questions: 1) Will the Isostearic market demand grow upwards to current 5-6% growth? 2) Do current players have capex plans?
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