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₹478.00a day ago
₹505.40a day ago
JG Chemicals Limited was initially formed as a partnership firm on March 15, 1975 under the name ‘J.G.Chemicals’ at West Bengal as a partnership at will which was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, West Bengal in 1983. Subsequently, the partnership firm was converted into a joint stock company and was registered as a private limited company in the name and style ‘J.G.Chemicals Private Limited’ pursuant to a certificate of incorporation dated June 28, 2001, issued by RoC, in accordance with provisions of the Companies Act, 1956. Thereafter, pursuant to a resolution passed at the meeting of the Board of Directors held on March 16, 2022, and a special resolution of the Shareholders at the EGM held on April 30, 2022, the name of the Company was changed to J.G.Chemicals Limited, pursuant to its conversion into a public limited company. A fresh certificate of incorporation dated May 24, 2022, consequent upon conversion, was issued by the RoC.JG Chemicals is India’s largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturing through French process, which is the dominant production technology for producing zinc oxide and has been adopted by all the major producers in Americas, Europe and Asia. The market share of the company is around 30% as on March 2022. It sells many grades of zinc oxide and are among the top ten manufacturers of zinc oxides globally. Since its incorporation in 2001, the company has expanded its business and scale of operations and has grown into a large, diversified zinc oxide player with a global footprint. Its product caters to a wide spectrum of industrial applications, including in the rubber (tyre other rubber products), ceramics, paints coatings, pharmaceuticals cosmetics, electronics batteries, agro-chemicals fertilizers, speciality chemicals, lubricants, oil gas and animal feed.Owing to its legacy of over four decades in manufacturing businesses, it benefits from its experience in catering to a wide array of customers and it has built a long-standing relationship with customers across end-user industries in the tyres, ceramics, rubber, paints, cosmetics and batteries industry. As a manufacturer of zinc oxide, it is a pre-requisite in most of its end-use industries for its products to be customised according to the specifications by customers, which usually acts as a significant entry barrier. Further, high cost of product development, complexity of the chemistry involved in innovating and tailoring its products to the customised needs of its customers, which requires necessary technical expertise and lengthy and stringent supplier qualification process are the other entry barriers in its business.Business area of the companyThe company is engaged in the business of manufacturing of Zinc Oxide allied product.Awards, accreditations and accolades2018: Recognised as a ‘One Star Export House’ by DGFT, Ministry of Commerce and Industry, India2018: Obtained ISO 14001: 2015 certifications for environment management system at the Registered Office, Belur Facility and Jangalpur Facility.2018: Obtained ISO 9001: 2015 certifications for quality management system at the Registered Office, Belur Facility and Jangalpur Facility.2020: Obtained ISO 45001: 2018 certifications for occupational health and safety management system at the Registered Office, Belur Facility and Jangalpur Facility.2021: Obtained ISO 14001: 2015 certifications for environment management system at the Naidupeta Facility.2021: Obtained ISO 45001: 2018 certifications for occupational health and safety management system at the Naidupeta Facility.2021: Obtained ISO 9001: 2015 certifications for quality management system at the Naidupeta Facility.2021: Apollo Gold Partner Award-Quality Champion by Apollo Tyres Limited.2022: Obtained IATF 16949 certificate for manufacture of zinc oxide powder at Naidupeta Facility.2023: Recognised as a ‘TwoStar Export House’ by DGFT, Ministry of Commerce and Industry, India.2023: Obtained WHO GMP certificatefor manufacture and supply of pharma grade zinc oxide at the Naidupeta Facility.History and milestones2001: Conversion of its partnership firm into a private limited company.2001: Commencement of operations at Belur Facility.2004: Commencement of operations at Jangalpur Facility.2016: Commencement of operations at Naidupeta Facility.2022: Achieved Rs 600 crore in consolidated turnover.
