SVC Superchem was incorporated on August 29, 1989 as a private limited company in the name of Shreeji Petrowealth. The company converted itself into a public limited company and the name of the company was changed to ATV Petrochem vide special resolutions passed on January 4, 1993 and January 28, 1993 respectively. A fresh certificate of incorporation consequent on change of name was issued by Registrar of Companies, Maharashtra on February 4, 1993.
The company is setting up a project for manufacture of 1,20,000 metric tonnes per annum of Purified Terephthalic Acid (PTA) at village Chhata near Kosikalan, District : Mathura in the state of Uttar Pradesh. SVC Superchem has entered into a foreign collaboration agreement with Tecmor Inc, USA for transfer of know how, basic engineering etc for manufacture of PTA.
Business area of the company
The business of the company relates to letting on hire tank farms for storing chemicals. The company is also engaged in trading of chemicals.