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Corporate Profile > Joint Ventures
 
Joint Ventures ... Association With World Leaders
 
Henkel SPIC India Limited (HSIL)
 

Henkel SPIC India Limited, recorded an impressive turnover of Rs 340.46 Crores compared to 300.92 Crores in the Previous year. The company also posted a net profit of Rs 5.83 Crores compared to Rs 3.04 Crores in the previous year. The cash profit also improved to Rs 11.34 Crores as against Rs 8.39 Crores.

 
Petro Araldite Private Limited (PAPL)
 

Petro Araldite Private Limted (PAPL) achieved a turnover of Rs 87 Crores for the year ending 31st March 2002. The company recorded a all time high production of 11829 tons of Epoxy representing 39% capacity utilisation.

 
SPIC Electric Power Corporation (Private) Limited (SEPC)
 

SPIC Electric Power Corporation (Private) Limited (SEPC) has obtained all the statutory clearances for establishment, operation and maintenance of the project including the Techno-Economic Clearance from the Central Electricity Authority.The Indian Financial Institutions led by IDBI have completed the appraisal of the project. Discussions are being held by the Government of Tamilnadu and are awaiting allocation of Escrow from TNEB.

 

Vopak Sical Terminal Limited

Vopak Sical Terminal Limited (VSTL) has submitted "Expression of Interset" for setting up a Liquid Cargo Marine Terminal at Ennore Port in response to advertisement released by Ennore Port Co. Limited in December 2001. VSTL expects the bid documents for the terminal project to be set up on BOT basis shortly.