Showing posts with label petrochemicals. Show all posts
Showing posts with label petrochemicals. Show all posts

Tuesday, November 30, 2021

Reliance Industries - India's Biggest Company

     



“You will never reach your destination if you stop and throw stones at every dog that bark… better keep biscuits and move on.”

“If you don’t build your dream, someone will hire you to help build theirs.” 

                                                                     




Reliance Industries Limited (RIL) is India’s most profitable company, the top contributor to India’s gross domestic product (GDP), exports and taxes as a single company. It owns India’s leading telecom company Reliance Jio, the top brick and mortar retailer (Reliance Retail), India’s largest producer of petrochemicals and polyester business, and is the number one company in market capitalization. In 2004 Reliance Industries (RIL) became the first Indian private sector organization to be listed in the Fortune Global 500 list.

In the year 1966 the RIL was founded by Shri Dhirubhai H.Ambani it was started as a small textile manufacturer unit. In May 8 1973 RIL was incorporated and confirmed their name as RIL in the year 1985. Over the years the company has transformed their business from manufacturing of textiles products into a petrochemical major. The company has set up a texturising / twisting facilities in 1979 RIL has also set up plants for Polyester Staple Fiber (PSF) in 1986 and for Linear Alkyl Benzene (LAB) & Purified Terephthalic Acid (PTA) in 1988. RIL has setup a petrochemical facility to produce HDPE and PVC at Hazira Gujarat in technical collaboration with DuPont and BF Goodich respectively.

Dhirajlal Hirachand Ambani was born on 28 December 1932 in a small village called Chorwad (Gujarat). He died on 6 July 2002 in Mumbai. Reliance commercial corporation was founded in 1966 as polyester firm. In 1973 the company got renamed as Reliance industries. Later the company entered into petroleum and financial service. Upon his death, the company was headed   by     his     two    sons Anil Ambani and Mukesh Ambani.




Mukesh Dhirubhai Ambani, elder son of Dhirubhai Ambani, is the present CEO of Reliance Industries Limited. He holds 44.7% of the shares of the company and is one of the most influential persons in the country. He was the 36th most powerful person in 2014 as per the Forbes most powerful people of the world. Currently, he has created a sensation by launching Reliance Jio services which resulted in massive share drops of all the competitors.

Reliance Industries Limited (RIL) is India’s largest publicly traded company and became the first-ever Indian company to exceed US$150 Billion in market capitalization.

Reliance Industries Business divisions:

• Gas and oil exploration:

Reliance is involved in a number of significant partnerships and joint ventures with the world’s leading oil and gas companies, such as BP, Chevron and American shale oil developers. Through these collaborations, Reliance is engaged in exploration, extraction and refinement of petroleum products including: natural gas, hydrocarbons, and liquid shale.

• Petroleum refining:

The Reliance petroleum factory in Jamnagar, India produces liquefied petroleum gas, kerosene oil and gasoline. It is the largest refining facility in the world. Crude oil is refined into usable petroleum product and shipped throughout the world, including: gasoline, naptha, liquefied petroleum gas, kerosene oil, propylene, high-speed diesel, aviation turbine fuel, Sulphur, and petroleum coke.

• Petrochemicals:

Reliance products have wide-spread applications for the healthcare, packaging, automotive, agriculture, and housing industries, among others. Their customer base spans the globe, providing cutting-edge petrochemical product including: polymers, aromatics, polyesters, elastomers and fiber intermediaries. Polymers are exported to more than 60 countries, serving the needs of the water and gas, transportation, agriculture, consumer durables, healthcare, housing and automotive industries.

• Textiles:

Naroda, Reliance’s signature plant, is manufacturing and marketing complex textile produfor use by the world-wide automotive, clothier and home textiles industries.

• Retail:

Reliance Retail launched in 2006 and is providing services and products to millions of farmers, consumers and vendors throughout the world. It is the largest retail outlet in India with more than 11 million square feet of retail space, offering everything from digital technologies, to apparel to furniture and fabrics.

• Reliance Jio:

Reliance Jio Infocomm Limited, popularly known as Jio, is an Indian mobile network operator that is owned by Reliance Industries and is headquartered in Mumbai, Maharashtra. It operates a national Long-Term Evolution (LTE) network technology with coverage across all 22 telecom circles. Jio does not offer 2G service or 3G service, and instead uses Voice over LTE (VoLTE) to provide voice service on the company’s network. The launch of Reliance Jio has caused a revolution in the Indian telecom industry on a level never seen before. Now, Jio claims to be the world’s largest data network, based on mobile data consumption. Further, Jio also disrupted other industries with the likes of Jio TV, Jio Phones with Jio Phone 3, Jio Fiber, etc.

Jio soft-launched on 27 December 2015 (the eve of what would have been the 83rd birthday of Reliance Industries founder Dhirubhai Ambani), with a beta launch for partners and employees, and became publicly available on 5 September 2016. As of 31st January 2019, it is the third-largest mobile network operator in India and the ninth-largest mobile network operator in the world with over 289.44 million subscribers.


Latest Quarterly results of Reliance Industries Ltd are shown below  :

                 Data Source : The Economic Times (Markets)


Motilal Oswal Financial Services Limited, an Indian brokerage company, has recommended buying the stock of Reliance Industries Limited (RIL) with a target price of Rs. 2,900. The brokerage forecasts a +16 percent rise from the stock's current market price of Rs. 2500. 

Reliance is ranked 96th in the 2020 ranking released by Fortune. This is the highest any Indian company has been ranked on the Fortune Global 500 list.








Success = Goals + Habits

Goals and habits are the two main variables in the success equation. While goals provide you with a sense of direction and help you focus, effective habits give you the mental discipline to reach your goals. If either variable is missing, the success equation simply doesn’t add up. Conversely, when you improve your goal setting skills and form good habits, success levels soar.









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Saturday, November 13, 2021

Best Chemical Stocks to Buy for next 5 to 10 years

 



Companies in Chemical field make huge profits, which gives numerous options for investors to buy the best Chemical Stocks. The chemical industry in India is diversified extensively and offers a wide range of products to the international market.

India is expanding its horizons in the chemical sector and it has achieved some noteworthy milestones in the past few years. Specialty chemicals find their application in wide variety of industries like Tyre manufacturing, agro-chemicals, pharmaceuticals, etc. In the last 2-3 years, specialty chemicals sector has boomed quite a lot mainly as many specialty chemical companies in China were shut down due to the “Blue Sky Policy” implemented in China.

Chemical Industry in India has broadly grown at 11% CAGR over the last decade. It was valued at $178 billion in FY 2019 & is expected to grow at 9% per annum and reach $304 billion by FY 2025.

Indian Chemicals Industry comprise of :


Petrochemicals (petrochem) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane.

Flavors and fragrances industry (F&F) creates scents and tastes for use in a broad range of consumer products, including prepared foods, personal care and household products, fine fragrances, cosmetics, and beverages. Ingredients can be raw or synthetic.

An adhesive is used particularly for its ability to bond two surfaces together for an indefinite length of time and varying amounts of stress. Adhesives have strong shear and tensile strength, making them viable bonding materials for high-pressure situations. A sealant is generally lower in strength compared to an adhesive and is also used for a different purpose. Sealants are often used to fill gaps and resist relative movement of the surfaces to which they are applied. Even though adhesives are generally stronger, sealants provide the assembly with much more flexibility.

Chlor-alkali refers to the two chemicals (chlorine and an alkali) which are simultaneously produced as a result of the electrolysis of a saltwater. The most common chlor-alkali chemicals are chlorine and sodium hydroxide (caustic soda) but can include potassium hydroxide and muriatic acid.

Agrochemicals are chemical agents used on farmlands to improve the nutrients in the field or crops. They improve crop growth by killing damaging insects. They are implemented in all forms of farming sectors such as horticulture, dairy farming, poultry, crop shifting, commercial planting, etc.

Paints industry has two main market segments-industrial and decorative paints. While industrial paints are used for protection against corrosion and rust on steel structures, vehicles, white goods and appliances, decorative paints are used in protecting valuable assets like buildings.



Chemical Category

Top Companies to buy

Petrochemicals

Reliance, GAIL

Flavors & Fragrances and Adhesives & Sealants

Pidilite Limited

Chlor Alkali chemicals

Tata chemicals, Gujarat alkalies limited, 

Agrochemicals

UPL, PI Industries

Paints

Asian Paints,  Berger Paints


Please find below key Revenue Analysis of Top Chemical companies in India :



























Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan and China. India accounts for 16% of the world production of dyestuffs and dye intermediates. Indian colorants industry has emerged as a key player with a global market share of 15%.





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