Asahi Songwon Colors Limited - August, 2011

Date: August 23, 2011
Pages: 12
Price:
US$ 500.00
Publisher: Cni Research Ltd
Report type: Company Report
Delivery: E-mail Delivery (Word), CD-ROM Mail Delivery, Online Subscription, Hard Copy Mail Delivery, E-mail Delivery (PDF)
ID: A3F415C5CC5EN
Leaflet:

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Asahi Songwon Colors Limited  - August, 2011
Initiating Coverage
The Company is engaged in manufacturing and exports of pigments. The Company is engaged in manufacturing of Pthalo pigments, which includes copper phthalocyanine (CPC) green, CPC blue crude and a range of beta blue pigments. The company is doubling its Beta Blue pigment capacity to 4,000 TPA from the existing 2,040 TPA by FY13 with capex of Rs.250 million over the next 2-yrs. Capacity utilization of Blue crude plant to reach up to 90% in FY12 and FY13.ASCL derives 80% of its revenues from exports with DIC of Japan, Sun Chemicals of USA, Clariant of Germany and BASF being its most important marquee customers.
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