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History of Spic Organics Ltd.

The Comp. was incorporated on 10th October, 1985 under the name of Kamar Petrochemicals & Plastics limited The certificate of commencement of business was obtained on 28th May, 1987.

If manufactures petrochemical products including propylene oxide, polyols & porpylene glycol.

The Comp. was promoted by UB Ltd, & its associate jointly with Tamil Nadu Industrial Development Corporation Limited.

In November, 1986 name of Comp. was changed to UB Petroproducts Ltd.

Montedipe AG of Italy is the financial collaborator of company. The Comp. entered into technical collaboration agreement with Pressindustria, AG, Switzerland [PAGs] under which, PAG was to provide know how for plants & basic engineering, procurement assistance for imported equipment & supervisory sources for erection & commissioning of plant.

2000 - Manali Petro limited & Spic Organics limited have fixed one share of MPL for every share of SORL as the swap ratio.