Omkar Speciality Chemicals
OMKARCHEM · Chemicals > Chemicals · Chairman: Pravin Herlekar · MD: Pravin Herlekar · Listing date: Feb. 10, 2011 · Employees: 59 · Thane · http://www.omkarchemicals.com

Omkar Speciality Chemicals is mainly engaged in the manufacture and sale of Speciality Chemicals and Intermediates for Chemical and Allied Industries. It has four units at MIDC, Badlapur (East), District - Thane, Maharashtra. The company was originally incorporated as Omkar Speciality Chemicals on February 24, 2005 and took over business of the Proprietorship Firm Omkar Chemicals which was in operation since 1983 with Pravin S Herlekar as the Proprietor. The private limited company was converted into a public limited company on March 18, 2010.

It manufactures a range of Organic, Inorganic and Organo Inorganic Intermediates. The Inorganic Intermediates include Molybdenum derivatives, Selenium derivatives, Iodine derivatives, Cobalt derivatives, Bismuth & Tungsten derivatives and the organic intermediates include Tartaric acid derivatives and other intermediates. These products find applications in various industries like Pharmaceutical Industry, Chemical Industry, Glass Industry, Cosmetics, Ceramic Pigments and Cattle & Poultry Feeds.  The company exports its products to Europe, Canada, Asia, South America and Australia. The total exports constituted 8.69%, 12.35% and 7.97% of gross sales during FY 2008, FY 2009 and FY 2010 respectively. The chemical maker’s association with leading organizations in India and abroad has enabled it to broaden the business, to expand the existing product range and to develop new molecules as per the specific demands of its valued customers.

Omkar Speciality Chemicals has basic research capabilities and has recently acquired Rishichem Research as a wholly-owned subsidiary which is expected to provide a total R&D back-up to the company for all its future expansion and diversification programmes.

Plant and Machinery

The company’s manufacturing facilities have plant and machinery, which includes stainless steel reactors, glass lined reactors, stainless steel centrifuges, glassline centrifuges, nutsche filters, agitated filter nutsches, tray dryers, fluid bed dryers, blenders and support equipments like boilers, chilling plants, cooling tower, etc.

UnitProducts manufacturedExisting sanctioned loadUnit No.1   Iodine, Selenium,Molybdenum compounds and other derivatives73 KW (LT)Unit No.2Iodine, Selenium,Molybdenum compounds and other derivatives377 KW (HT)Unit No.3  Selenium Sulphide286 KW (HT)Unit No.4  Warehouse and proposed manufacturing unit15 KW (LT)Total751 KW

Product Portfolio

The company manufactures a range of organic, inorganic and organo inorganic intermediates. Organic intermediates are compounds rich in carbon molecules. Inorganic intermediates are compounds rich in metallic molecules. Organo inorganic intermediates are combination of carbon and metal molecules. The various products manufactured by the company in various categories are as follows:

CategoryApplicationsInorganic intermediatesMolybdenum DerivativesElectroplating, Lubricant, Water treatment chemicalsSelenium DerivativesFlucloronide, Shampoo, Pharma Intermediates, Tinted float glass, Glass industry

Iodine Derivatives

Photographic chemicals, 2- Methoxyestradiol, Nylon tyre yarn, Binfloxacin, Zaleplon, Hexestrol, Etiroxate, Idoxuridine, Rizatriptan,Adapalene, Dabelotine, Fluticasone Propionate, Pharma Intermediates, Terfenadine, Metalaxyl, Lamivudine, AlprazolamCobalt Derivatives

Electroplating and synthetic fibres, Ceramic pigment, Refining industry, Silica gel, Ceramic industry, Batteries, Electroplating, Cattle and Poultry feedsBismuth DerivativesPharma Intermediates, Auto paints, Soft Ferrites, Electronic, Cosmetics, Pharma and Anti ulcer drugTungsten DerivativesPharma industryOrganic intermediatesTartaric Acid DerivativesResolving agentOther IntermediatesDolasetron Mesylate, Terbinafine, Pioglitazone, Roziglitazone, Azoxystrobin, Seldinafen, Pharma IntermediatesOrgano inorganic intermediates

Idoxifene, Benodanil, Etofenamate, Closentel, Rafoxanide, Pharma Intermediates, OPC, Electronic, Lamivudine, Orlistat, Anti DiabiticDrug, Finasteride, Rimexolone, Montelukast, Cerivastatin Sodium, Tocapone, Fluconazole, Nebirolol, Lansoprazole, Rabeprazole

Milestones

  • 1983 - Formation of Omkar Chemicals with capacity of 6 MT per annum for manufacture of molybdenum derivatives
  • 2005 - The existing company takes over Omkar Chemicals. At the time of takeover, the installed capacity was 318 MT and the product range was cobalt, selenium & iodine derivatives in addition to molybdenum derivatives
  • 2006-07 - The company expands the total installed capacity to 325 MT
  • 2007-08 - The company further augments capacity to 375 MT
  • 2009 - The company sets up a new manufacturing facility at MIDC, Badlapur viz. Unit 2 with an installed capacity of 375 MT. Following setting up of this unit, its total installed capacity doubles to 750 MT.
  • Recently, Omkar Speciality Chemicals established a new manufacturing facility at B-34, MIDC, Badlapur, Thane, Maharashtra viz. Unit 3 with an installed capacity of 200 MT. With the set up of Unit 3, the company’s total installed capacity stands increased to 950 MT
  • 2010 - Omkar Speciality Chemicals becomes a public limited company
  • 2010 - The company acquires 99.82% stake in Rishichem Research and makes it wholly-owned subsidiary