DE Nora India Share Price

De Nora India Limited (DNIL) was incorporated in June 1989 as Titanor Components Limited and commenced business in November 1989. The Companys name was changed from Titanor to De Nora on 27th June 2007. The Company has its manufacturing facilities at Kundaim, Goa and is involved in the business of manufacturing and servicing of Electrolytic products.The Company is engaged in the manufacture and coating of anode and cathode for electrolytic process for application in the chloralkali chlorate plants, cathodic protection systems, Electrochlorinators and manufacture and marketing of EMEWr Electrowinning Cells Equipments. All these applications come under the field of Electrolytic Processes. DNIL was set up with technical and financial collaboration of Gruppo De Nora of Italy, a world market leader in this segment. The companys core business lies in Chloralkali sector, which is highly cyclic in nature. So, the company expanded its market into high tech products such as cathodic protection systems, Electrochlorination systems and lately into Electrowinning Cells Equipments. In India, DNIL is a market leader in all these products.The company came out with a rights issue in Aug.92 aggregating Rs 6.5 cr to finance a new plant at Goa and working capital requirements. It manufactures coated metal electrodes, water electrolysers, electrochlorinators, cathodic protection systems catering to the chloralkali industry. The company had acquired the metal anode division of Wimco in Nov.89. In 199596, the company shut down one of its plant at Rampur (UP) as part of its cost reduction exercise. During 199697, the companys electrochlorinator product seaclor mac has received acclaim from concerned authorities in the state of Gujarat, Maharashtra, Tamilnadu, Goa and Pondicherry. The company has been entrusted with additional responsibility of handling cathodic protection business in FarEast and Australia by the De Nora Group. The company is also in the process of preparing documentation for ISO 9002 certification.The companys new marketing strategies for the new products has given positive results during the year 19992000 , but its full impact will be felt in the forthcoming years.The recessionary trend in the economy and particularly in the chlor alkali industry continued during the year 200001. However, currently the chlor alkali industry is showing signs of improvement and the company is expected to perform better in the next financial year.The company has technical collaboration with M/s Oronzio De Nora International B.V., The Netherlands for Ion Exchange Membrane Electrolysers for ChlorAlkali industry, Water Eletrolysers and Electrochlorinators for Water treatment and with M/s Oronzio De Nora S.A., Switzerland for Cathodic Protection(Anti corrosion) Systems.The company has successfully adopted the technology of SeaclorMac, through a continuous interaction with foreign collaborator. The company now has five standard models namely Seaclor Mac50, Seaclor Mac100, Seaclor Mac500, Seaclor Mac1000 Seaclor Mac2000.The company has also adopted the technology for the manufacture of Lida Anodes in different configurations for Cathodic Protection System. The Company commissioned its first EMEW Plant during the year 2005. Thereafter, the Company changed the name from Titanor Components Limited to De Nora India Limited effective from 27th June 2007. It developed the new business of supplying of special electrodes for water treatment mainly for treating pharmaceutical waste water during 2014.