Archean Chemical Industries Limited (ACI.NS)
Archean Chemical Industries Limited operates in the Chemicals industry of the Basic Materials sector, headquartered in Chennai, TN, IN. The stock last traded at $503.30, down 1.17% on the session, giving a market capitalisation of $62.14B. Its beta of 0.20 implies it has historically moved less than the broad market.
Archean Chemical Industries Limited operates as a manufacturer and global distributor of specialized chemicals extracted from marine sources, serving markets both within India and worldwide. Its product portfolio prominently features bromine, an essential chemical with widespread applications across sectors such as pharmaceuticals, agrochemicals, water purification, flame retardancy, various industrial additives, the oil and gas industry, and advanced energy storage solutions. The company also supplies industrial salt, which serves as a crucial raw material for the chemical industry in the production of substances like sodium carbonate, caustic soda, hydrochloric acid, chlorine, bleaching agents, chlorates, sodium sulphate, and metallic sodium. Additionally, Archean provides sulphate of potash, valued for its dual utility as an agricultural fertilizer and for certain medical applications. Established in 2003, the company maintains its headquarters in Chennai, India.
Archean Chemical Industries Limited is most often compared with the following Basic Materials names: