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HDFC Securities Retail Research
PCBL Ltd. (erstwhile Phillips Carbon Black) is the largest manufacturer of carbon black in India and seventh largest in the world, having an aggregate installed capacity of 603,000 million tonne per annum (with a dedicated capacity for specialty black of 72,000 million tonne) and total green power generation capacity of 91 mega watt.
PCBL offers 75 plus grades of carbon black including 40 plus grades in specialty from its own research and development developments. The company has progressively climbed the value chain, expanding its portfolio of high-performance value-added grades for rubber and specialty black applications.
Leveraging an efficient supply chain and distribution network, it has carved out its presence in 45 plus countries. In the carbon-black market, PCBL enjoys a large 50% market share in India, 11%-globally and 17%-world ex-China.
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