Daikaffil Chemicals India Share Price

Daikaffil Chemicals India came into the public issue in May 95 for expansion. Promoted by J G Patel -- ex-joint managing director of Indian Dyestuff Industries (IDI) -- and others, Daikaffil Chemicals India (DCI), is presently involved in the manufacture of DNS, is now expanding its DNS capacity from 120 tpa to 480 tpa, and integrating forward to manufacture DASDA and optical brightening agents (OBA). DCI has entered into an technical cum financial support from Daika (Japan), whereby the latter will buy the production of DCI, for a period of ten years. Presently DCIL is managed under the leadership of Mr. Jayant G Patel as its Chariman and Mr. Amit J Patel as its Managing Director. Di-nitro stilbene (DNS) is an intermediate used to manufacture di-amino stilbene di-sulphonic acid (DASDA), which is the raw material for OBA. OBAs find application in the paper and cotton textile industries. A part of the DNS produced will be captively consumed to produce DASDA, while the balance will be exported to Daika. Similarly, a part of the DASDA produced, will be used to manufacture OBA. The entire quantity of OBA produced along with the remaining DASADA will be exported to Daika (Japan). During 1997 company has started production of OBA with an installed capacity of 250000 Kgs.