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Nirmal Bang Report
We hosted the management of Camlin Fine Sciences Ltd. at our Annual Investor Conference in order to understand the overall demand outlook across segments, impact of the Russia-Ukraine conflict, if any, capex plans, effectiveness of pass-through mechanism under an inflationary environment and overall growth drivers.
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Demand for anti oxidant blends continues to remain robust and Camlin Fine expects strong growth across geographies. HQEE, PBQ, MEHQ etc. are some of the products which should drive growth of the performance chemicals segment.
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Vanillin capacity is expected to be commissioned in July 2022 and potential revenue could be ~Rs 5 billion at peak.
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