Unimers India Ltd Share Price

Description

• Incorporated in Nov.`87, Herdillia Unimers (HUL) was promoted by Herdillia Chemicals in technical and financial collaboration with Uniroyal Chemicals Company, US. Commercial production commenced in 1993. In Jun.`92, the company came out with a public issue of 33.3 lac equity shares at par and 9 lac 12.5% PCDs of Rs 200 each, aggregating Rs 21.33 cr, to part-finance the Rs 82.5-cr project to manufacture EPM/EPDM. The company manufactures EPM/EPDM which are used in various market sectors like tyres and tubes, wires and cables, plastics, etc. A new product -- Hereline-EPDM -- is under trial, which has several new applications in roof sheeting, URD cables, telecom cables, etc. The company, in 1995-96, introduced Herlene-EDPM in new application areas like lubricating oil, telecom jacket compound, scooter and architectural profiles, lighting gaskets, bitumen modifications and water-proofing membranes. During the year 1999-2000, the company produced 5333 MT of EPDM Rubber, achieveing a 49% capacity utilisation. The company is planning to focus on auto profile sector and also planning to promote EPDM for air-conditioning insulation.

• Incorporated in Nov.`87, Herdillia Unimers (HUL) was promoted by Herdillia Chemicals in technical and financial collaboration with Uniroyal Chemicals Company, US. Commercial production commenced in 1993. In Jun.`92, the company came out with a public issue of 33.3 lac equity shares at par and 9 lac 12.5% PCDs of Rs 200 each, aggregating Rs 21.33 cr, to part-finance the Rs 82.5-cr project to manufacture EPM/EPDM. The company manufactures EPM/EPDM which are used in various market sectors like tyres and tubes, wires and cables, plastics, etc. A new product -- Hereline-EPDM -- is under trial, which has several new applications in roof sheeting, URD cables, telecom cables, etc. The company, in 1995-96, introduced Herlene-EDPM in new application areas like lubricating oil, telecom jacket compound, scooter and architectural profiles, lighting gaskets, bitumen modifications and water-proofing membranes. During the year 1999-2000, the company produced 5333 MT of EPDM Rubber, achieveing a 49% capacity utilisation. The company is planning to focus on auto profile sector and also planning to promote EPDM for air-conditioning insulation.