eicl limited

7/28/2019 EICL Limited

1/9

EICL Limited, a Company incorporated in India, was part of the erstwhile Thapar

Group. The Company was incorporated in 1963 in technical & financial

collaboration with English China Clays Ltd., U.K, the pioneer and the then world

leader in Kaolin processing. This collaboration with ECC ceased in the year 1992.

EICL has two key Divisions, viz., Clay & Starch Divisions. The Clay Division, having

three manufacturing locations in Kerala, specialises in mining and processing of

high end kaolins.

The Starch Division has two manufacturing units, one located at Yamuna Nagar,

Haryana, manufacturing Starch and its derivatives, and the other located at

Shimoga exclusively specializing in the manufacture of value added Modified

Starches for various Industrial applications.

The Starch Division was started under the name of Bharat Starch Industries in the

year 1937. It was subsequently taken over by EICL Limited in the year 2002.

Both the Divisions of EICL have grown to be market leaders in their respective

fields. This growth has been chiefly driven by prudent investment in world class

R&D facilities for research in Kaolins and Starches, enabling these Businesses to

be specialized solution providers for various applications spanning diverse

Industries.


2/9

Mission

To produce value added Hydrous Clays, Calcined Clays, Modified Starches and

Syrups to meet niche requirements in Industrial Applications.

Business Objectives

To adhere to, and deliver, the following objectives in the business of

(A) Mining, Refining & Processing of China Clay.

(B) Starch, Modified Starch and related products.

1. Conduct business affairs ethically.

2. Produce high-quality products at competitive prices for Industrial

Application, with adequate care of Environment.

3. To grow profitably and responsibly and create value for all the Shareholders

& Stake holders alike.

4. Continually improve products & processes through judicious and effective

use of R&D.


3/9

Values

Our Philosophy

EICLs philosophy is to enhance overall long term value of its shareholders,

customers, lenders and employees. We strongly believe that our strength lies in

managing our business in a professional manner, and in adopting transparency &

responsibility in all our operations. We work towards developing a professional,

knowledge based, and system driven work culture.

Our Values

To develop a professional, knowledge based, system driven work culture.

Respect for ethical integrity, environmental protection, and safety.

Believe in people and system driven performance.

Thinking Organization with pro-active action.

Team performance is more important than individual performance.

Customer satisfaction.

Quality and Cost conscious.


4/9

Directors

Mr. Karan Thapar, Chairman

Mr. Karan Thapar, Chairman of the Company, is a Chartered Accountant and

belongs to the Promoter family. He joined the Board of the Company in 1990.

He has work experience of over 24 years in different companies.

Mr. Rahul Gupta, Executive Director

Mr. Rahul Gupta is a Chemical Engineer from IIT, Delhi and and thereafter he did

his MS from McGill University, Montreal. He had about 35 years of experience in

diverse industries, including Engineering, Chemicals, Polymers, Metals, Textile,

Telecom. His previous assignment was with Usha Martin Limited, as the CEO/

Director of their Telecom Cable and Construction subsidiaries.

Mr. Praveen Sachdev

Mr. Praveen Sachdev aged 65 years, a B.Sc. Mechanical Engineer, retired as the

Managing Director from Greaves Cotton Ltd. and holds expertise of over 45 years

in diverse fields such as manufacturing, marketing and administration. He has

been appointed as Director (Independent) w.e.f 28th January, 2011.

Mr. Jainender Kumar Jain

Mr. J. K. Jain is a Chartered Accountant. He retired from Gas Authority of India

Ltd. (GAIL) as Director (Finance) and was appointed as an Independent Director of

the Company w.e.f 14th April, 2009.


5/9

Mr. Vijay Rai

Mr. Vijay Rai is B.Tech in Mechanical Engineering from IIT, Kharagpur. He has rich

experience of over 38 years in different industries, including Industrial Chemicals,

Pharmaceuticals and Engineering. He was the Vice President of Bombay Chamber

of Commerce & Industry and has been member of several industry associations.

Mr. T. Balakrishnan

Mr. T Balakrishnan is an IAS Officer, retired from Government of Kerala as

Additional Chief Secretary and holds a rich experience of 32 years. At present, he

is also the Managing Director of M/s INKEL Limited. He has been appointed as

Director (Independent) w.e.f. 01.05.2012


6/9

Overview : Starch

The Starch business of EICL started out as an agro based Company called Bharat

Starch Industries. This company was set up in 1937, with production facility

located at Yamunanagar (Haryana). It was the first Company in the organizedsector to enter into Starch manufacturing. Bharat Starch Industries started

initially as a Corn Wet Milling Unit with 80 MT per day grinding capacity,

manufacturing Native and Modified products primarily for Food, Paper and Textile

Industries.

EICLs Starch business has now grown into 2 manufacturing locations one at

Yamuna Nagar and the other at Shimoga. These two Units manufacture Starches

for different applications, with particular focus on value added Speciality Starches.

The business today has capacity of 76500 MT per annum (both Maize and Tapioca

products).

The business maintains leadership position through product innovation &

development, and providing application support to customers. The products

manufactured cater to the specific requirements of customers, such as: Wet-

end Additives, Surface Sizing and Coating Binders for Paper Industry.

Adhesives for Paper Sack/ Packaging Industry.

Starches for Pharmaceutical Industry.

Syrups for Confectionery, Food & Beverage Industry.

Yarn Sizing, Printing & Finishing for Textile Industry.

Starches for Oil well Drilling Industry


7/9

PRODUCTS

Maize Starch

Maize Starch is a white or creamy powder having various direct and indirect

applications.

Our Native Starch is manufactured from selected good quality corn with high

brightness and low ash content, which is very desirable in the Food,

Pharmaceuticals and Paper Industries. It finds applications in the Food Industry as

a thickener and emulsifier in the manufacture of Sauces, Puddings.

It is used by the Textile/ Jute Industries in wrap sizing, finishing, back filling and

printing. In the Paper Industry Maize Starch is widely used for sizing and

increasing the strength.

It finds usage as an adhesive in the manufacture of Corrugation Board and Paper

Boxes. It is even used by the Laundry as a stiffener of clothes after washing.

Packing : It is available in 50 kgs HDPE bags with moisture proof HMLDPE inner

liner.

Storage : The product should be stored in ambient conditions, away from damp

surfaces.


8/9

Modified Starches

A very wide range of Modified Starches are available for numerous applications

such as,

Adhesives

Coating Starches

Coating Binder Starches

Wet end Starches

Spray Starches

Pharma Starches

Food Starches

Textile Starches

Oil Well Drilling Starches

Pregel Starches

Adhesive Starches


9/9

Corn Syrups

Liquid Glucose

It is used as a major ingredient in hard/ soft boiled candies/ toffees,

used in jams, jellies, canned fruits, glucose biscuits etc. It also finds use in the

Pharmaceutical Industry for providing body and consistency with mild sweetness

to cough syrups and other syrups or suspensions. It is used to add softness,

weight, flexibility and special texture to leather in the Tanning Industry.

High Maltose Corn Syrup

It is used as a liquid adjunct to brewing Industries. It is also used as

major ingredient in the manufacture of clear candies.

Malto Dextrine Syrup

It is used as a bodying agent, thickener and flavour retainer in Food

industry. It does not crystallize or thin down on prolonged storage.

Packing : These products can be supplied in SS tankers. Also available in HDPE/

MS Barrels of 270 kgs, 280 kgs and 300 kgs

eicl limited

Documents