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Tamil Nadu Petroproducts Limited

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Tamil Nadu Petro-products Limited
Company typePublic
BSE500777
NSETNPETRO
IndustryChemicals
Founded22 June 1984
Headquarters,
Productslinear alkyl benzene, epichlorohydrin and caustic soda[1]
SubsidiariesSPIC Electric Power Corporation Private Ltd (SEPC)
Certus Investment and Trading Ltd
Proteus Petrochemicals Private Ltd
Websitetnpetro.com

Tamil Nadu Petro-products Limited is an Indian company, engaged in the manufacture and sale of commodity chemicals. The products are used as raw materials in industries involved in the manufacture of detergents and cleaning agents, lubricants, epoxy resins, pharmaceuticals and textiles.[2] The company was founded in 1984 and is based in Manali, Chennai, India.

It was promoted by the Tamil Nadu Industrial Development Corporation Ltd. (TIDCO). In October 1984, TIDCO inducted Southern Petrochemical Industries Corporation Ltd. (SPIC) as a joint sector associate[3] in setting up a project for the manufacture of 50,000 tonnes per annum of linear alkyl benzene (LAB).

The company posted a profit of 46.71 crore in the fiscal year 2017–18, declaring a dividend for 2017–18.[4]

References

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  1. ^ Tamilnadu Petroproducts Limited (TPL.BO) Quote| Reuters.com
  2. ^ Tamilnadu Petroproducts Ltd. (876402): Stock Quote & Company Profile – BusinessWeek
  3. ^ TNPETRO History | Tamilnadu Petroproducts Ltd Company History & Profile
  4. ^ "Tamilnadu Petroproducts returns to profit mode". The Hindu. Retrieved 8 January 2020.
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