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SPIC (Indian company)

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Southern Petrochemical Industries Corporation Ltd.
Company typePublic
NSESPIC
ISININE147A01011
BSE590030
IndustryChemicals
Founded1969
Headquarters,
ProductsFertilizers
RevenueIncrease1,962.16 crore (US$240 million) (2024)[1]
Increase87.91 crore (US$11 million) (2024)[2]
Number of employees
665 [March 2024]
Websitespic.in

Southern Petrochemical Industries Corporation Ltd, or SPIC, (NSESPIC, BSE590030) is an Indian company that manufactures fertilizer products. The company, headquartered in Chennai, Tamil Nadu, India, was incorporated on 18 December 1969[3] and became a joint venture between the M. A. Chidambaram Group and TIDCO (a part of the Government of Tamil Nadu) in 1975. SPIC has been the pioneer in providing need-based solutions for the farming community throughout the country and commands an exceptional brand image recognised by its quality agro-inputs. Besides a strong brand image, SPIC enjoys a very strong dealer network of around 3949 (as of March 2024) outlets across the country, which is catered by well-established regional offices located in prominent locations.

The company has a strategic stake/or has promoted companies like Tuticorin Alkali Chemicals and Fertilizers, a company that produces Soda Ash and co-produces Ammonium Chloride, Tamilnadu Petroproducts, a company that produces Lineal Alkyl Benzene and Manali Petrochemicals, a company that produces Propylene Oxide, Propylene Glycols and Polyols.

References

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  1. ^ https://www.moneycontrol.com/india/stockpricequote/fertilisers/southernpetrochemicalindustriescorporation/SPI01 [bare URL]
  2. ^ https://www.moneycontrol.com/india/stockpricequote/fertilisers/southernpetrochemicalindustriescorporation/SPI01 [bare URL]
  3. ^ "Company History – SPIC". The Economic Times. The Times Group. Retrieved 4 May 2012.
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