Fin Medium

Specialty chemicals comprise high-value, low-volume chemicals that are recognized for their performance-enhancing end-use applications across several verticals. These chemical products are sold based on specific requirements, rather than on their composition, driving a higher degree of value addition across the final products. Typically, specialty chemicals find significant usage in agrochemicals, automobiles, aviation, personal care products, polymer additives, water chemicals, textiles, construction chemicals, surfactants, flavours and fragrances, and dyes and pigments. The global chemicals market stood at about $3.7 trillion in 2017 comprising basic chemicals, industrial gases, petrochemicals, polymers and specialty chemicals. Agrochemicals dominated the specialty chemicals revenue pie, accounting for 21% in 2017, with increasing applications in fertilizers, herbicides, insecticides and pesticides. The polymers and plastic additives segments comprised the second-largest revenue shar

Incorporated in 1989, VOL is one of India’s leading manufacturers and exporters of specialty organic intermediaries, monomers, and polymers. VOL is one of the world’s leading manufacturer of isobutyl benzene (IBB) and 2-Acrylamido 2- Methylpropane Sulfonic Acid (ATBS) and have market share of 65%. Manufacturing processes of these specialty chemicals are not easy to replicate and same acts as entry barrier for new entrants (moat). IBB finds application in manufacturing of Ibuprofen (a non-steroidal anti-inflammatory drug) while ATBS is a specialty monomer which finds multiple applications in operations, such as industrial water treatment, oil field recovery, construction chemicals, hydrogels for medical applications, personal care products, emulsion polymers, detergents, textile print pastes, adhesives and sealants, thickeners and paper coatings.   Products portfolio of VOL are -  Specialty  Monomers:   Act like building blocks, useful in designing unique polymer structures. They contai

Navin Fluorine International belongs to the Padmanabh Mafatlal Group, with a legacy of business operations since 1967, having one of the largest integrated fluorochemicals complex in India. The Company primarily focuses on fluorine chemistry - producing refrigeration gases, inorganic fluorides, specialty fluorine based chemical and offers Contract Research and Manufacturing Services. Fluorochemicals are compounds containing fluorine.  Fluorine is a highly reactive element and is derived from sources like fluorite (also known as fluorspar), fluorapatite and cryolite.  Fluorine has a number of desirable chemic al properties like high electronegativity, and reactivity and tendency of form stable compounds. Major business areas of the company are -  - Contract Research & Manufacturing Services (CRAMS) - Refrigerants - Inorganic Fluorides - Specialty Fluorochemical Specialty Fluorochemical Manufactures niche fluorine based molecules, which find downstream application in life science, cr