|COMPANY NAME||INDIA CARBON LIMITED|
|NATURE OF BUSINESS||Manufacture of coke oven products|
|PROMOTERS||ALBERT JOHN ROLFE & MARK RUSSELL JONES|
INDUSTRY STRUCTURE & DEVELOPMENT
Aluminium is the second most used metal in the world after steel with an annual consumption of approximately 65 million tonnes (including scrap). It is also the fastest growing metal which has grown by nearly 20 times in the last sixty years (compared to 6 to 7 times for other metals).
Aluminum consumption in the Country grew from 2.4Mn.Mts in 2015 to around 3.5Mn.Mts in 2017 is expected to increase to around 6Mn.Mts by 2025. The present installed capacity is 4Mn.Mts and already all the 4 aluminum producing Companies, namely Vedanta, Hindalco, Balco & Nalco are going ahead with both Brownfield and Greenfield expansions, and in the next 3-5 yrs., an additional capacity of over 2Mn.Mts should be in operation. The present requirement of CPC by the aluminum smelters is approx 1.5Mn.Mts, and in addition there is a substantial requirement by the Steel, Graphite Electrodes, Titanium dioxide, Ferro alloys and other miscellaneous Industries at around 0.5 Mn.Mts, taking the total requirement to around 2.0Mn.Mt., which is in part met by imports of CPC, mainly from China. As such there is immense scope not only for the Company to operate to 100% of its capacity, but also examine increasing capacity. By 2025 the demand is expected to grow to over 2.7Mn.Mts.
- Location disadvantage especially for the Company’s Budge Budge Unit, as compared to newer Port based Plants.
- Cheap import of CPC from China mainly.
- Huge shortage of Raw Petroleum Coke (RPC) leading to increased dependence on imports.
- RPC being a Crude Oil based product is subject to severe price fluctuations.
- Inadequate and Poor Infrastructure at Kolkata Port, resulting in much higher freight by vessels prepared to come to Kolkata Port.
The Company is established in 1961, it was founded by Mr. B. Himatsingka and is a pioneer of the Calcining industry having set up Asia’s first Calcination Plant at Guwahati in 1962. ICL since inception, has also been in Technical & Financial Collaboration with Oxbow Calcining LLC (formerly Great Lakes Carbon LLC) USA -World Leaders in the Calcined Petroleum Coke field. The Company then went ahead and established its second calcination plant in 1969 at Budge Budge, West Bengal.
ICL’s primary business is the manufacture and supply of high quality Calcined Petroleum Coke (CPC) which is the purest form of Carbon, containing over 99.5% of it. Along with the Calcined Coke the Company also specializes in the production of Electrode Carbon Paste (ECP) and Tamping Paste used widely in the Ferro Alloys and Allied industries and also in the production of Carbide.
The primary raw material used by ICL for its operations is Raw Petroleum Coke, frequently referred to as RPC which is purchased from Oil refineries all over the world. RPC itself is produced from the thermal cracking of crude.
Some of the primary customers for ICL in the aluminum industry are National Aluminum Company Limited (NALCO), HINDALCO Industries Limited (HINDALCO), Bharat Aluminum Company Limited (BALCO) and Madras Aluminium Company Limited (MALCO). Some of the major consumers in the steel industry are Steel Authority of India Limited (SAIL), Tata Iron and Steel Company Limited (TISCO)
Apart from the production of an industrial raw material such as CPC, in 1991 ICL’s dynamic management team also led the Company into the field of floriculture through the establishment of orchid farms in Guwahati, AssamICL’s social activities spans across five key areas and our single-minded goal here is to help build a good society with great humanity and to develop the less privileged such that they can stand on their own feet.
The company has also been organizing programs for underprivileged children, ICL identifies institutions such as orphanages or schools for underprivileged children and provides these organizations with toys, clothes, study materials, mid-day meals and other provisions under the banner of the India Carbon Charitable Trust. Under this project, ICL also provides different health facilities by running different camps for the treatment of these children and in addition also extends free medical checkups and medical advice to the parents of these children.
ICL also has been giving active financial assistance to Shree Shyam Sewa Nidhi Trust in order to help the trust in its activities, which are aimed at: Providing under privileged children with education without any bar of caste, creed and faith, etc. Arranging medical aid and treatment for old and needy persons. Providing assistance during natural calamities like flood, storm, drought, etc.