Oriental Carbon & Chemicals Limited Q3 FY ’24 Earnings Conference Call February 05, 2024
-
Our revenues have declined. The decline can be attributable to several factors, including the diminishing realizations of insoluble sulfur owing to a reduction in input costs, coupled with weaker demand and intensified competition in the market
-
While in the short to medium term, the situation is challenging, primarily due to excess supply in the market, the long-term industry outlook for insoluble sulfur remains promising, driven by the anticipated growth in the automotive sector
-
As the demand for high-quality tires continues to escalate, the requirement for premium-grade
raw materials like insoluble sulfur is poised to rise accordingly -
We have invested to participate in a group of captive solar power schemes in Haryana through an SPV
-
Europe, there is a slowdown. And therefore, the demand has come down in Europe for insoluble sulfur. Secondly, because of oversupply in China, China is dumping material in the Asia Pacific region at lower rates, and that is also affecting our supplies in the Asia Pacific region
Subscribe To Our Free Newsletter |