Hindustan Organic Chemicals Ltd. Stock Analysis 500449.BO

Hindustan Organic Chemicals Ltd. engages in the manufacturing and sale of chemicals. The company is headquartered in Ernakulam, Kerala. The firm's products include Phenol, Acetone and Hydrogen Peroxide. Phenol is an organic chemical, which is used to produce a variety of chemical intermediates, including phenolic resins, caprolactam, alkyl phenols, adipic acid and plasticizers, Phenol is also used in the manufacture of preservatives, disinfectants, lubricating oils, herbicides, insecticides, and pharmaceuticals. Acetone is a commercial solvent and raw material with usage in the chemical explosives and lacquer industry. The company is used as a solvent for cellulose acetate, nitrocellulose, celluloid, cellulose ether, chlorinated rubber, various resins, fats and oils, and as an absorbent for acetylene gas. Hydrogen peroxide is used in the paper and textile industries for bleaching purposes as a substitute for hazardous chlorine. The company is also used in the electronics and metallurgical industries.