History of Southern Petrochemical Industries Corporation Limited:
Established in 1969, Southern Petrochemical Industries Corporation (SPIC) Limited stands as a prominent player in the fertilizer manufacturing sector, specializing in the production and distribution of Urea, a nitrogenous chemical fertilizer.
SPIC Limited was founded through a collaboration between Dr. M A Chidambaram and Tamil Nadu Industrial Development Corporation Limited (TIDCO), a state-owned industrial development institution. In 1979, the company initiated the Gas Hydrogen Recovery Unit to bolster Ammonia production, marking the beginning of a series of expansions. In 1997, SPIC ventured into the UAE by establishing a Urea plant and concurrently launched Spic Electric Power Corporation Limited.
In 2003, the Tuticorin ammonia unit faced closure due to pipeline leakage. However, in 2015, Tuticorin's plants resumed operations, followed by the resumption of commercial Urea and Ammonia production in 2019.
With a robust fertilizer complex capable of yielding 6.2 lakh tons of Neem Coated Urea, SPIC remains at the forefront of the industry.
Business Segments of Southern Petrochemical Industries Corporation Limited:
The company's offerings encompass various products and services:
- Products:
- Primary Nutrients: Including Urea and Neem Coated Urea.
- Secondary Nutrients: Such as Magnesium, Calcium, and Sulphur.
- Micro Nutrients: Zinc (Zn), Boron (B), Manganese (Mn), Copper (Cu), Iron (Fe), Chlorine (Cl), and Molybdenum (Mo).
- Water Soluble Fertilisers: Marketed under the brand ‘Triumph,’ these are fully water-soluble.
- Organic Fertilisers: Derived from animal and vegetable matter.
- Non-Edible De-Oiled Cake Fertilizers: Including SPIC Neem Cake, SPIC Sangamam, and SPIC Jayanthi.
- Bio Fertilisers: Offering supplementary nutrition with products like SPIC Vonder, SPIC Mob-K, and SPIC Konsorzio.
- Organic Pesticide: Biopesticides or Biochemical Pesticides.
- Plant Growth Regulator: Such as SPIC Scytoz, facilitating plant growth.
- Plant Biostimulants: Products like SPIC KROMn and SPIC Max Granules, enhancing plant growth.
- Industrial Products: By-products like Phosphoric Acid Plant and Sulphuric Acid Plants, serving industries like cement and aluminum.
- Services:
- Agricultural services encompass Soil Management, Farmer Training Centre, Farmer Journals, and Agri Clinic.
As of March 31, 2023, there are no subsidiary companies under Southern Petrochemical Industries Corporation Limited.
Key Personalities of Southern Petrochemical Industries Corporation Limited:
Ashwin C Muthiah, Chairman:
Ashwin C Muthiah holds the position of Chairman at Southern Petrochemical Industries Corporation Limited, bringing with him extensive professional expertise. Additionally, he serves as the Chairman of Wilson International Trading Pte Limited, Singapore, AM International, Manali Petrochemicals Limited (MPL), Sicagen India Limited, and as the Vice Chairman of Tamilnadu Petroproducts Limited (TPL).
Corporate Actions of Southern Petrochemical Industries Corporation Limited:
There are no recorded instances of bonus shares or stock splits by Southern Petrochemical Industries Corporation Limited.
Established in 1969, Southern Petrochemical Industries Corporation (SPIC) Limited stands as a prominent player in the fertilizer manufacturing sector, specializing in the production and distribution of Urea, a nitrogenous chemical fertilizer.
SPIC Limited was founded through a collaboration between Dr. M A Chidambaram and Tamil Nadu Industrial Development Corporation Limited (TIDCO), a state-owned industrial development institution. In 1979, the company initiated the Gas Hydrogen Recovery Unit to bolster Ammonia production, marking the beginning of a series of expansions. In 1997, SPIC ventured into the UAE by establishing a Urea plant and concurrently launched Spic Electric Power Corporation Limited.
In 2003, the Tuticorin ammonia unit faced closure due to pipeline leakage. However, in 2015, Tuticorin's plants resumed operations, followed by the resumption of commercial Urea and Ammonia production in 2019.
With a robust fertilizer complex capable of yielding 6.2 lakh tons of Neem Coated Urea, SPIC remains at the forefront of the industry.
Business Segments of Southern Petrochemical Industries Corporation Limited:
The company's offerings encompass various products and services:
- Products:
- Primary Nutrients: Including Urea and Neem Coated Urea.
- Secondary Nutrients: Such as Magnesium, Calcium, and Sulphur.
- Micro Nutrients: Zinc (Zn), Boron (B), Manganese (Mn), Copper (Cu), Iron (Fe), Chlorine (Cl), and Molybdenum (Mo).
- Water Soluble Fertilisers: Marketed under the brand ‘Triumph,’ these are fully water-soluble.
- Organic Fertilisers: Derived from animal and vegetable matter.
- Non-Edible De-Oiled Cake Fertilizers: Including SPIC Neem Cake, SPIC Sangamam, and SPIC Jayanthi.
- Bio Fertilisers: Offering supplementary nutrition with products like SPIC Vonder, SPIC Mob-K, and SPIC Konsorzio.
- Organic Pesticide: Biopesticides or Biochemical Pesticides.
- Plant Growth Regulator: Such as SPIC Scytoz, facilitating plant growth.
- Plant Biostimulants: Products like SPIC KROMn and SPIC Max Granules, enhancing plant growth.
- Industrial Products: By-products like Phosphoric Acid Plant and Sulphuric Acid Plants, serving industries like cement and aluminum.
- Services:
- Agricultural services encompass Soil Management, Farmer Training Centre, Farmer Journals, and Agri Clinic.
As of March 31, 2023, there are no subsidiary companies under Southern Petrochemical Industries Corporation Limited.
Key Personalities of Southern Petrochemical Industries Corporation Limited:
Ashwin C Muthiah, Chairman:
Ashwin C Muthiah holds the position of Chairman at Southern Petrochemical Industries Corporation Limited, bringing with him extensive professional expertise. Additionally, he serves as the Chairman of Wilson International Trading Pte Limited, Singapore, AM International, Manali Petrochemicals Limited (MPL), Sicagen India Limited, and as the Vice Chairman of Tamilnadu Petroproducts Limited (TPL).
Corporate Actions of Southern Petrochemical Industries Corporation Limited:
There are no recorded instances of bonus shares or stock splits by Southern Petrochemical Industries Corporation Limited.
