Tamilnadu Petroproducts Limited (TNPETRO.NS)
Tamilnadu Petroproducts Limited operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Chennai, TN, IN. The stock last traded at $110.93, up 0.31% on the session, giving a market capitalisation of $9.98B. Its beta of 0.33 implies it has historically moved less than the broad market.
Tamilnadu Petroproducts Limited, established in 1984 and headquartered in Chennai, India, specializes in the production and distribution of a range of petrochemical and industrial intermediate chemical products. Operating both domestically and internationally, the company offers a diverse portfolio of chemicals. Its flagship product, SUPERLAB brand linear alkyl benzene (LAB), is an organic compound extensively utilized in the formulation of household, institutional, and industrial cleaning agents. TPL also provides caustic soda, a fundamental chemical serving the textile, pulp and paper, aluminum, and soap and detergent industries. Chlorine, a by-product of caustic soda manufacturing, finds applications in numerous sectors including vinyl chloride, chlorinated paraffin wax, pulp and paper production, and water purification. Additionally, the company supplies hydrogen and various chlorine derivatives such as hydrochloric acid, sodium hypochlorite, and ammonium chloride. Completing its product line is propylene oxide, a colorless, volatile, and flammable organic liquid compound essential for the automotive, domestic appliance, and industrial insulation industries.
Tamilnadu Petroproducts Limited is most often compared with the following Basic Materials names: