Panama Petrochem Limited (PANAMAPET.BO)
Panama Petrochem Limited operates in the Oil & Gas Refining & Marketing industry of the Energy sector, headquartered in Mumbai, MA, IN. The stock last traded at $489.10, up 2.20% on the session, giving a market capitalisation of $29.45B. Its beta of 0.53 implies it has historically moved less than the broad market.
Panama Petrochem Limited, an Indian enterprise established in Mumbai in 1975, specializes in the production and global distribution of diverse specialty petroleum products. Its extensive product line encompasses a broad spectrum of items, including liquid and white paraffin oils, petroleum jellies, transformer oils, and rubber process oils. The company also formulates various industrial oils and a wide selection of greases, such as lithium, lithium complex, calcium, sodium, and aluminum-based varieties. For the automotive sector, it provides engine, gear, and transmission oils, along with other lubricants. Further offerings include drilling fluids and an assortment of waxes, specifically fully and semi-refined paraffin, slack, and micro waxes. Panama Petrochem additionally produces specialized textile oils like Panol-KNT and antistatic coning oil, and supplies the ink, resin, and paint industries with products ranging from petroleum and aroma-free distillates to naphthenic oils, high viscosity oils, black ink oils, bituminous black varnishes, petrolatum, and low aromatic white spirits. These products are utilized across a multitude of sectors, including printing, textiles, rubber, pharmaceuticals, cosmetics, and power generation, as well as other industrial oil-intensive industries. Demonstrating a significant international reach, Panama Petrochem exports its goods to markets in the United States, the United Kingdom, the Middle East, Europe, Australia, the African sub-continent, and Southeast Asia.
Panama Petrochem Limited is most often compared with the following Energy names: