SADHANA NITRO CHEM
STRUCTURAL IMPORT SUBSTITION story, Green Chemistry via Nitro Benzene
PAP Stands for Para-Amino Phenol PAP is the raw material for manufacturing of Paracetamol - You know the Paracetamol is used Pain Relief and Fever.
Opportunity size for PAP :
The World demand for PAP before Pandemic has been at 1,60,000 TPA. Out of which 1,50,000 TPA (i.e. 94% of Total World demand of PAP) is sourced from CHINA. In India, there are players like Valiant Organics who make PAP but its not via Green Chemistry.
Sadhana Nitro got Process Technology using GREENER Technology(that means it is SUSTAINABLE in Future)
PAP Can be Produced using 2 Routes
1.PNCB Route (Valiant Organics exists)
2.NB Route(Sadhana exists)
Sadhana has been Awarded PLI Scheme by Indian Govt for PAP Plants of 36,000 TPA
They have completed all capex on the month of June 2023, and they will start commercial supply soon.
Now Granules is one of their clients and recently promoter has pledged his shares to issue warrants.
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