CHEMCON

The company was originally incorporated as Gujarat Quinone Private Limited at Vadodara, Gujarat, India, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 15, 1988 issued by the RoC. Its Promoters and Promoter Group completed the acquisition of 100% of the Equity Share capital of the company in 2004 from the shareholders of the company at the time. Chemcon Engineers Private Limited (CEPL) was incorporated at Vadodara, Gujarat, India as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 30, 1996 issued by the RoC. CEPL, a company largely owned and promoted by its Promoters and Promoter Group, merged into the company pursuant to an order of the High Court of Gujarat dated May 6, 2004 approving the Scheme of Amalgamation between CEPL and the company. Thereafter, to reflect the nature of activities of the company consequent to the Scheme of Amalgamation, the name of the company was changed to ‘Chemcon Speciality Chemicals Private Limited’ pursuant to the approval of the company’s Shareholders at an extra-ordinary general meeting held on July 24, 2004 and the fresh certificate of incorporation on change of name issued by the RoC on July 27, 2004. Subsequently, the company was converted into a public limited company pursuant to the approval of company’s Shareholders at an extra-ordinary general meeting held on November 28, 2018. Consequently, the name of the company was changed to ‘Chemcon Speciality Chemicals Limited’ and a Fresh certificate of incorporation consequent upon conversion to public limited company was issued by the RoC on April 10, 2019. The company is are an ISO 9001:2015 and ISO 14001:2015 certified company for the manufacture and supply of pharmaceutical intermediates, silanes and oilfield chemicals. Its manufacturing facility is located at Manjusar near Vadodara in Gujarat.

Business area of the company

The company is a manufacturer of specialised chemicals, such as HMDS and CMIC which are predominantly used in the pharmaceuticals industry (the Pharmaceutical Chemicals), and inorganic bromides, namely Calcium Bromide, Zinc Bromide and Sodium Bromide, which are predominantly used as completion fluids in the oilfields industry. The company supply its products to domestic customers and also export its products to countries including United States of America , Italy, South Korea, Germany, People’s Republic of China, Japan, United Arab Emirates, Serbia, Russia, Spain, Thailand and Malaysia. 

Major events and milestones

• FY05: Amalgamation of CEPL into the Company, pursuant to the scheme of amalgamation of Chemcon Engineers Private Limited with Gujarat Quinone Private Limited.
• FY05: First export shipment of HMDS.
• FY14: First sale of CMIC.
• FY15: First sale of Calcium Bromide (Solution).
• FY16: First sale of Zinc Bromide (Solution).
• FY17: First sale of Calcium Bromide (Powder).
• FY17: First sale of Sodium Bromide Solution.
• FY18: Increase in annual installed production capacity for (i) CMIC (from 600 MT per annum to 1,200 MT per annum) and (ii) Oilwell Completion Chemicals (from 7,200 MT per annum to 14,400 MT per annum).
• FY19: Increase in the annual installed production capacity for CMIC (from 1,200 MT per annum to 1,800 MT per annum).
• FY19: The company was assigned a ‘4A3’ rating by Dun & Bradstreet Information Services India Private Limited.
• FY20: Increase in the annual installed production capacity for HMDS (from 1,800 MT per annum to 4,200 MT per annum).
• FY21: First sale of 4CBC.

Awards, accreditations or recognitions:

• 2019: The company received ISO 9001: 2015 and ISO 14001:2015 certification with respect to the manufacture and supply of pharmaceutical intermediates, silanes and oilfield chemicals.