Vinati Organics
Vinati Organics is an integrated, multi-product business manufacturing specialty chemicals and organic intermediates for large industrial and chemical companies.
- Public company
- Mumbai, MH, INIndia
Vinati Organics is an integrated, multi-product business manufacturing specialty chemicals and organic intermediates for large industrial and chemical companies.
What is the investment case, and what must be true for it to hold?
Vinati Organics can expand its specialty chemical business through additional ATBS capacity and product diversification, provided the new facilities stabilize; delayed ramp-up at Veeral Organics is the main threat to that condition. The company completed the first phase of an ATBS expansion, raising annual capacity from 40,000 metric tonnes to 50,000 metric tonnes, while Veeral Organics Private Limited moves into newer specialty chemical segments with products including MEHQ, Guaiacol, Anisole, 4-MAP, TAA and PTAP.
Technical bottlenecks and softer demand than expected are weighing on Veeral Organics. Vinati Organics remains exposed to swings in petroleum-linked raw materials such as toluene, propylene, acrylonitrile and MTBE.
What does the product do for its buyer, and how is it delivered?
Vinati Organics supplies specialty monomers for industrial polymer and process applications, including water treatment, paper processing, mineral sequestering, textile processing, personal care products, pharmaceuticals, drug delivery, petroleum production, enhanced oil recovery, coatings and inks additives, and sensors. The hydrophilic sulphonic acid acrylic monomer alters chemical properties across a large variety of anionic polymers.
Vinati supplies ATBS/AMPS as granules or powder in three grades: 2401, 2404 and 2406. The company also offers NaAMPS as a 50% sodium salt solution for easier handling.