IOL Chemicals and Pharmaceuticals Limited
IOL Chemicals and Pharmaceuticals Limited
IOL Chemicals and Pharmaceuticals Limited
Barnala
Mile Stones Crossed
• 1986 – IOLCP Established
Chemical Products
Acetic Acid
Ethyl Acetate
Acetic Anhydride
MCA & Acetyl Chloride
IBB
Capacity By Product
80000 4000
70000
60000 3000
Capacity ( TPA )
50000
40000 2000
30000
20000
1000
10000
0
Acetic Ethyl Acetic 0
Acid Acetate Anhydride Ibuprofen
Products
450
Revenues
400 361
334
350
300
Rs in Crores
232
250
200 174
150
97
100
50
0
2004-05 2005-06 2006-07 2007-08 2008-09
USD 20 mln USD 36 mln USD 48 mln USD 75 mln USD 70 mln
Years
Operating Profit
40 37
35
35
30
R s in C ro res
25
18 19
20
15
9
10
0
2004-05 2005-06 2006-07 2007-08 2008-09
USD 1.8 mln USD 3.8mln USD 3.9 mln USD 7.7 mln USD 7.2 mln
Years
Net Profit After Tax
14 12.69
12.36
12
10
Rs in Crores
7.26 7.55
8
4 2.55
0
2004-05 2005-06 2006-07 2007-08 2008-09
USD 0.53 mln USD 1.51 mln USD 1.57 mln USD 2.57 mln USD 2.64 mln
Years
Revenue Distribution By Product (%)
45
40
35
30
% Turnover
25
20
15
10
5
0
Ibuprofen Acetic Acid Ethyl Acetate Acetic
Anhydride
Products
Export Sales
55 50
50
44
45
40
R s in C ro res
35
30
23
25
20
13
15
10
2
5
0
2004-05 2005-06 2006-07 2007-08 2008-09
USD 0.41 mln USD 2.70mln USD 4.79 min USD 10.4 min USD 9.16mln
Years
GROWTH - Projects Under
Implementation
• Recently increased Ibuprofen capacity from 1800
TPA to 3600 TPA .
HCl
(By Product)
CAPTIVE MARKET ACETIC THERMO THERMO CO- MARKET ACETIC THE MARKET
CO- ACETIC REUSE
CONSUMP END IN IBB
ANHY PACK GEN ANHY
TION PACK GEN ANHY PACK PROCE
DRIDE DRIDE DRIDE SS
Projected Capacity Fiscal Year 2011-
12 Then Potential
Product UOM Capacities Capacities
Capacity Enhancement
• Grades Available :
- IP / BP /USP / EP /JP
- Micronized
- Dexibuprofen
- DC ( Directly compressible )
Applications & End Usage - Ibuprofen
Aristo Pharmaceuticals
Inflammation
Ltd
Sri Krishna
Acute / Chronic Pains
Pharmaceuticals Ltd
10000
9000
8000
Capacity (In MT)
7000
6000
5000
PRODUCTION (MT)
4000 CONSUMPTION (MT)
EXPORT FROM INDIA
3000
2000
1000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Global Production – Ibuprofen
30000
25000
20000
In MT
15000
PRODUCTION (MT)
10000
5000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Ibuprofen Production Capacities - IOLCP
8000
7000
6000
6000
Production (TPA)
5000
3600
4000
3000
1800
2000
600 720
1000
0
2000-01 2005-06 2006-07 2007-08 2009-10
Year
Ibuprofen - Market Share
Domestic Market Global Market
Satyadeept Others
Others Albemarle,
ha 7% 15% USA 17%
5% Hubei,China
13%
Shasun
IOLCP BASF, UK
48% 13% 20%
Zhongtianheng Shasun,India
di,China 16%
IOLCP 7%
37% Satwik
3%
*IOLCP is Entering into the Manufacturing of MCA with the Capacity of 7200
TPA.
Applications & End Usage- Acetic Acid
Application End use User
Colourchem Ltd.,Mumbai
Eg. Monomethyl acetoacetamide,
Diketene & its ,Indian Dyestuff
ethyl acetoacetamide, Methylaceto
derivatives Industries,Gujarat ,Avon
Acetate
Organics Ltd., Hyderabad
600000
Capacity (In MT)
500000
400000
100000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Global Production – Acetic Acid
10000000
9000000
Capacity (In MT)
8000000
7000000
6000000
5000000
4000000 PRODUCTION
(MT)
3000000
2000000
1000000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Acetic Acid Production Capacities -
85000
IOLCP
75000
75000
65000
Production (TPA)
55000 50000
45000
30000
35000
25000 18000
13500
15000 7500
4500
5000
-5000
1991-92 1997-98 1998-99 2004-05 2005-06 2006-07 2008-09
Year
Captive Consumption Vs Merchant
Sales –Acetic Acid
100
90
Quantity Percentage
80
70
60
50
Captive Consumption
40
Merchant Sales
30
20
10
0
2004-05 2005-06 2006-07 2007-08 2008-09
Years
Acetic Acid – Market Share
Domestic Market Global Market
Celanese
Others 24%
JR Agro Wujing 4.4%
7%
6% GNFC
Somaiya
39%
7%
Jubilant IOLCP
28% Azot 3% BP Aramco
13%
Eastman3% Diacel 4% 23%
Millennium 4%
• Flavor in Pharmaceuticals
250000
Capacity (In MT)
200000
150000
PRODUCTION (MT)
CONSUMPTION (MT)
100000
50000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Global Production- Ethyl Acetate
2500000
Capacity (In MT)
2000000
1500000
500000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Ethyl Acetate Production Capacities -
40000
IOLCP
36000
33000
35000
30000
Production (TPA)
25000
18000
20000
15000
10000 6300
5100
3000
5000
0
1996-97 2000-01 2004-05 2005-06 2006-07 2008-09
Year
Ethyl Acetate - Market Share
Domestic Market Global Market
Others
Dhampur
11%
4% BP Aramco Celanese
13% 12%
70000
Capacity (In MT)
60000
50000
40000
PRODUCTION (MT)
30000 CONSUMPTION (MT)
20000
10000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Global Production- Acetic
300000
Anhydride
250000
Capacity (In MT)
200000
150000
PRODUCTION (MT)
100000
50000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Acetic Anhydride Production Capacities -
20000
IOLCP 18000
18000
16000
Production (TPA)
14000
12000
12000
10000
7500
8000
6000 4500
4000
2000
0
1998-99 2005-06 2006-07 2008-09
Years
Acetic Anhydride - Market Share
Domestic Market Global Market
Rhodia 5%
Jilin 5% Eastman
Dhampur
Luna 2% 33%
23%
Jubiliant Accordis 5%
47%
BP Aramco
10%
IOLCP
27%
Diacel Celanese
11% 24%
100000
Capacity (TPA)
80000
Manufacuters
60000
Consumption
40000
20000
0
MCA IBB Acetyl Chloride
Products
Manufacturer's in India…
MCA Acetyl Chloride IBB
S.R Drugs and
Intermediates Ltd Excel Industeries Limited Vinati Organics
Reliance Cellulose Aqua Pharma SI Group
Meridian Chem-Bond Gwalior Chemicals India
Ltd Ltd
Anugrah In-Org ( P ) Ltd Sanghvi Organics Pvt Ltd
Kanrnavati Seem Products
Rencal Chemicals India
A.V.Organosys Ltd
Misc-Others
Abhishek Impex
Deedy Chem
Maruti Organics
ACI Ind
Swati Chemicals
Upcoming Diversification Plans
Anti-ulcerants-
Proton Pump Inhibitors (PPI’s)
• The company has planned for installation of new
manufacturing facilities of PPIs- i.e. Rabiprazole,
Omeprazole, Esomeprazole, Lansoprazole & Pantoprazole .
• Rabiprazole is used to treat conditions where the stomach
produces too much acid, including ulcers,
gastroesophageal reflux disease (GERD), and Zollinger-
Ellison syndrome.
• The total amount of Capital Expenditure will be about Rs
100 Crores ( approx USD 20.83 million).
• The Project of Rabiprazole is planned to be implemented
from 2009-10.
Proton Pump Inhibitors (PPIs)
• Bind to Proton Pump and Prevent it from Producing Acid in to the
Stomach.
• PPI’s Available :
- Rabeprazole
- Lansoprazole
- Omeprazole
- Pantoprazole
- Esomeprazole
Comparison of PPIs and Antacids
PPIs: ANTACIDS:
Prevent Secretion of Gastric Acid by Neutralize Gastric Acid. e.g. Aluminium
Inhibiting Proton Pump in Stomach. Hydroxide & Magnesium Hydroxide.
Ref: www.medscape.com/viewarticle/464898
Comparison of PPIs and H-2 Blockers
PPIs: H-2 Blockers:
Prevent Secretion of Gastric Acid by Prevent or Block Histamine from
Inhibiting Proton Pump in stomach. Stimulating the Production of Acid. e.g.
Cimetidine, Famotidine, Nizatidine &
Ranitidine.
Works at the Site where Acid is being Works at the Site which Stimulates the
made. That’s why More Effective in Production of Gastric Acid.
Suppressing Gastric Acid secretion
Longer Duration of Action, more than Duration of Action is 2-3 hrs
24 hrs.
Comparatively More Efficacious in Comparatively Less Efficacious in
Treatment of GERD, Gastric Ulcers and Treatment of GERD, Gastric Ulcers and
Healing of Erosive Esophagitis Healing of Erosive Esophagitis.
1600
1400
Capacity (In MT)
1200
1000
400
200
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Global Scenario of PPIs
14000
12000
10000
Capacity In MT
8000
Production
6000
4000
2000
0
2005-06 2006-07 2007-08 2008-09 2009-10
Years
Growth Potential
• Potential for growth of these products is demonstrated
by their growing usage in various industries.
• While the demand growth is being accompanied by an
increase in production capacities, there is still a
significant projected demand – supply gap for these
products in the market.
• Ethanol, major raw material, available in abundance
from Distilleries of Punjab & UP.
• Company’s markets for these products are being
significantly enhanced with the commencement of
Indian Oil’s Refinery nearby at Panipat & from another
upcoming HPCL-Mittal Refinery nearby at Bhatinda
Organisation Chart
Chairman cum
Managing Director
Varinder Gupta
Vice President
Vice President Manager Manager
R&D Manager Legal
Co-Generation Export Sales Finance
Quality Control Gurinder Singh
Tripinder Singh Ravi Mahant Ajay Latawa
Ravi Sharma
Sr. Manager
Sr. Manager Manager
HRM
Utilities Accounts
Anil Kathuria
Deepak Saini Pardeep Khanna
Manager
Electrical Manager
Gaurav Bannerjee Instrumentation
Gopal Singla
Manpower
100%
80%
60%
Professionals
Post Graduate
40%
Graduate
0%
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Recognition
SEPARATION
DISTILLATION
Research & Development
Equipped with latest infrastructure
Highly competent research team
Manufacturing technology for all the products
developed in-house
Capacity to produce single to multi-kilogram
quantities of organic compounds
Pilot plant studies for new products /
molecules
ChemCAD (Simulation Software)
Energy Saving Measures
• Energy Conservation - Major Emphasis Area
Mr. R.K.Thukral
rkthukral@iolcp.com
Website : www.iolcp.com