Vadivarhe Speciality Chemicals Ltd Share Price

Description

• The Company was incorporated in February 23, 2009 as `Vadivarhe Speciality Chemicals Limited". The Company is engaged in manufacturing of organic & inorganic chemicals, bio-chemicals, bulk drugs, drug intermediates, active pharmaceutical ingredients (APIs), personal care products and speciality chemicals. The Company`s supply chain is focused on continual improvement and value creation in transformation of raw materials into finished products. The objective is to shorten supply chains, reduce waste, improve productivity and minimize consumption of energy. The supply chain model is optimized across critical processes including procurement, production, storage and logistics and designed to provide with a flexible, robust and dependable supply chain partner. Supplier performance measurement is a key process for Company`s procurement groups responsible for sourcing direct raw materials, energy supplies, indirect materials, logistics and other corporate services. It can drive improvement in supplier performance as well as ensure commitment to ability in the supply chain. Initial supplier selection criteria are used to manage service economic, and environmental performance of global supplier base. Additional measures include delivery reliability, complaints or non-conformance and claims. The Company uses data from the pilot plant to refine the design of production scale facility. Scientific data about reactions, material properties, corrosiveness, for instance, is generated and made available, but it is difficult to predict the behavior of a process of any complexity. Engineering data from other process may be available; this data is then applied to the process of interest. At times, customers can even operate the Pilot Plant as production facilities, augmenting production from the main plant. The Quality Control Lab of Company processes both raw materials and finished products for quality. The facility is geared to conduct high intensity quality control testing in both a wet and dry analytical conditions. The array of essential equipment for chemical analysis, laboratory testing, microbiology laboratory, and instrumental analysis laboratory include HPLC, GC, FTIR, UV Spectrophotometer, Polarymeter and Others. A separate solvent storage area has been provided for as per fire and safety guidelines. This area is isolated and stands far from any other building to prevent any unforeseen accident from becoming a plant wide disaster. Solid raw materials are stored in an allocated area with own loading/unloading dock. Once materials are received from a supplier they are checked for quality before being processed through the plant. Any rejected raw materials are isolated from the remaining stocks and kept in a locked area for disposal, or return back to the supplier. Apart from this, utilities are housed in a separate building to ensure that these critical aspects of the facility be effectively maintained and serviced by dedicated staff. The critical nature of the utilities to ensure a continuous production capability has prompted the Company to invest heavily in top-end equipment. The effluent treatment includes physical, chemical, and biological processes to remove physical, chemical and biological contaminants. Its objective is to produce a waste stream including solid waste suitable for discharge or reuse back into the environment. VSCL applies Good Manufacturing Practices across all areas of activities including, R & D/Process Development, Manufacturing, Analytical and Stability Services. Quality Control (QC) and Quality Assurance (QA) departments closely monitor all GMP activities. All batches are released only after comprehensive testing and approval by QA. Standard Operating Procedures (SOPs) are available for all Good Manufacturing Practices (GMP) activities and controlled and maintained by QA. These SOPs govern all GMP activities throughout all GMP projects from material management through to packaging and shipping of the product. Master documents, such as master batch records and specifications, are approved and controlled by Quality Assurance (QA). Global Compliance practice of the Company is structured to provide a degree of validity and authenticity to manufacturing processes. This Compliance is critical to a sustainable supply chain model as Company aim to expand global presence and do business with a global audience. The Company also comply with government and trade regulators across a number of Pharma Intermediates and Ingredients industry verticals. The Company works closely with suppliers to develop long-term solutions to issues. Solutions are driven through the use of root cause failure analysis by which the primary cause of each issue is identified. It routinely partners with customers to develop solutions that support sustainability goals. The Company proactively share knowledge with customers and distributors on product and packaging strategies, logistics network optimization options, and alternative methods of sourcing, etc. VSCL is accredited with ISO certification, which specifies requirements for a quality system where an organization demonstrate ability to consistently provide product, meets customer and applicable statutory & regulatory requirements.

• The Company was incorporated in February 23, 2009 as `Vadivarhe Speciality Chemicals Limited". The Company is engaged in manufacturing of organic & inorganic chemicals, bio-chemicals, bulk drugs, drug intermediates, active pharmaceutical ingredients (APIs), personal care products and speciality chemicals. The Company`s supply chain is focused on continual improvement and value creation in transformation of raw materials into finished products. The objective is to shorten supply chains, reduce waste, improve productivity and minimize consumption of energy. The supply chain model is optimized across critical processes including procurement, production, storage and logistics and designed to provide with a flexible, robust and dependable supply chain partner. Supplier performance measurement is a key process for Company`s procurement groups responsible for sourcing direct raw materials, energy supplies, indirect materials, logistics and other corporate services. It can drive improvement in supplier performance as well as ensure commitment to ability in the supply chain. Initial supplier selection criteria are used to manage service economic, and environmental performance of global supplier base. Additional measures include delivery reliability, complaints or non-conformance and claims. The Company uses data from the pilot plant to refine the design of production scale facility. Scientific data about reactions, material properties, corrosiveness, for instance, is generated and made available, but it is difficult to predict the behavior of a process of any complexity. Engineering data from other process may be available; this data is then applied to the process of interest. At times, customers can even operate the Pilot Plant as production facilities, augmenting production from the main plant. The Quality Control Lab of Company processes both raw materials and finished products for quality. The facility is geared to conduct high intensity quality control testing in both a wet and dry analytical conditions. The array of essential equipment for chemical analysis, laboratory testing, microbiology laboratory, and instrumental analysis laboratory include HPLC, GC, FTIR, UV Spectrophotometer, Polarymeter and Others. A separate solvent storage area has been provided for as per fire and safety guidelines. This area is isolated and stands far from any other building to prevent any unforeseen accident from becoming a plant wide disaster. Solid raw materials are stored in an allocated area with own loading/unloading dock. Once materials are received from a supplier they are checked for quality before being processed through the plant. Any rejected raw materials are isolated from the remaining stocks and kept in a locked area for disposal, or return back to the supplier. Apart from this, utilities are housed in a separate building to ensure that these critical aspects of the facility be effectively maintained and serviced by dedicated staff. The critical nature of the utilities to ensure a continuous production capability has prompted the Company to invest heavily in top-end equipment. The effluent treatment includes physical, chemical, and biological processes to remove physical, chemical and biological contaminants. Its objective is to produce a waste stream including solid waste suitable for discharge or reuse back into the environment. VSCL applies Good Manufacturing Practices across all areas of activities including, R & D/Process Development, Manufacturing, Analytical and Stability Services. Quality Control (QC) and Quality Assurance (QA) departments closely monitor all GMP activities. All batches are released only after comprehensive testing and approval by QA. Standard Operating Procedures (SOPs) are available for all Good Manufacturing Practices (GMP) activities and controlled and maintained by QA. These SOPs govern all GMP activities throughout all GMP projects from material management through to packaging and shipping of the product. Master documents, such as master batch records and specifications, are approved and controlled by Quality Assurance (QA). Global Compliance practice of the Company is structured to provide a degree of validity and authenticity to manufacturing processes. This Compliance is critical to a sustainable supply chain model as Company aim to expand global presence and do business with a global audience. The Company also comply with government and trade regulators across a number of Pharma Intermediates and Ingredients industry verticals. The Company works closely with suppliers to develop long-term solutions to issues. Solutions are driven through the use of root cause failure analysis by which the primary cause of each issue is identified. It routinely partners with customers to develop solutions that support sustainability goals. The Company proactively share knowledge with customers and distributors on product and packaging strategies, logistics network optimization options, and alternative methods of sourcing, etc. VSCL is accredited with ISO certification, which specifies requirements for a quality system where an organization demonstrate ability to consistently provide product, meets customer and applicable statutory & regulatory requirements.