INSPIRATION ACTS AS A CATALYST FOR SUCCESS.

Sam Veda

HISTORY IS WHO WE ARE AND WHY WE ARE THE WAY WE ARE.

David C McCullough

It started as a dream for two technocrats, Dr K Muthukumar and Mr S H Vadalia to create a foundation for catalyst technology. And it turned into reality in 1973. A manufacturer of dry reduced Nickel Catalyst for Oils and Oleochemicals, Monarch Catalyst Private Limited (MPCL) today is an established player living out its fourth decade.

Responsible for developing an indigenous technology for the production of fluid bed reduced nickel catalyst in India for hydrogenation of edible oils and oleochemicals, Monarch boasts of a highly intellectual and experienced team behind its doors. And is now more than just a name in the world of catalyst manufacture.

A landmark in its growth was the take over of Kallin Intermediate Private Limited in 2002, which was established by Dr Kalyanpur and Mr Mallapur. Kallin helped Monarch to expand its product range by including Activated Alloy Catalyst (AAC) and supported Noble Metal Catalyst (NMC).

Another revolutionary breakthrough came early 1984 by creating a facility for metal recovery from all types of used and deactivated catalysts. After years of process optimization, Monarch achieved an astounding yield (more than 90%) of base metals from used catalysts. This unique method of metal recovery comes with a two fold advantage. First, it solves the pollution problem. And second, it helps our customers dispose of waste generated in their plant while earning a profit on it. Constant innovations incorporated in the recovery process also allow benefits in operating cost of the plant.

Monarch drives every system with a strict adherence to quality control policy. The QC and R&D laboratories are fully equipped to analyze the quality of products at every stage of manufacturing process i.e., raw materials, intermediates or final products. High tech analytical instruments are used to measure the properties such as particle size distribution, surface area, pore size/pore volume, metal dispersion, metal crystallite size, fatty acid composition, cis-trans fatty acids in edible fat and purity of organic fine chemicals. Reduction property of base metals and noble metals is measured by state of the art ‘Temperature Programmed Reduction’ unit. While, dedicated high pressure autoclaves are used routinely for catalyst performance tests (hydrogenation of oils/fatty acids/drug intermediates and fine chemicals).

With an urge to constantly evolve, the technical team adopts new technologies in the manufacture and development of new brands as well as quality control. While process conditions are revised regularly, the focus definitely lies in supply of consistent quality product and partnering with customers through the entire process of catalyst use as well as waste management.

From its base in Dombivli, near Mumbai, Monarch has sent a message globally that – in the world of catalysts technology, it is a force to reckon with. Today, it is among the top three global players in the field of oils and oleochemicals nickel catalyst. And sincere efforts are being made by management team to reach quickly towards the top spot.

MILESTONES

1973 MONARCH CATALYST is born

1982 Extraction facility set up for recovery of nickel from waste

1989Becomes the only company in India to develop dry-reduced technology to manufacture Nickel Catalyst for oils and fats

1992 Doubles capacity to 420 tpa

2001Installs a Palletizer to enhance product performance and bags first export order for Nickel Catalyst

2002 Achieves KOSHER certification and ISO-9002 certification

2002akes over Kallin Intermediate, a pioneer company manufacturing Activated Alloy Catalyst and Noble Metal catalyst

2003

Expands capacity for all existing products: • Nickel Catalyst – 600 tpa • Activated Alloy Catalyst – 96 tpa • Noble Metal Catalyst – 500 kgs per month

2005Embarks on an expansion project to build one of the world’s largest Catalyst Plant for manufacture of Oils & Fats Catalysts, Activated Alloy Catalysts and Precious Metal Catalysts

ETHICS ARE NOTHING BUT REVERENCE FOR LIFE....

THE FUNDAMENTAL PRINCIPLE OF MORALITY, NAMELY, THAT

GOOD CONSISTS IN MAINTAINING, PROMOTING, AND ENHANCING LIFE.

Albert Schweitzer

OUR VISIONWe wish to be a global catalyst supplier recognized for quality and respected for its

conscientious and efficient use of resources.

OUR MISSIONWe are committed to upholding ethical standards of waste management and implementing

environmental best practices to minimize impact on the ecosystem while producing high quality, low cost catalysts. In a bid to change the lives of people in society, along with our customers’.

Those who make a difference to the Board

S H VADALIAChairman & Managing DirectorMasters in Oil Technology, UDCT, MumbaiCo-founder of the Company and mentor to the young team

K SHIVASUBRAMANIANDirector Bachelor of ScienceKey advisor and mentor to the young team

HITESH C VADALIADirectorB Tech (IIT, Mumbai), Masters in Science, Polytechnic University, New YorkHead, Technical Team

KRISHNAN MDirectorMBA (Marketing), S P Jain, MumbaiHead, Business Development

ABHISHEK DALIMAIndependent Director Dummy Qualifications, Dummy QualificationsDummy Qualifications

SATISHCHANDRA KATIYAL Independent Director Dummy Qualifications, Dummy QualificationsDummy Qualifications

The top management also includes

DR. M R KALYANPURChief Scientific OfficerDoctorate in Chemistry, UDCT, MumbaiCo-ordinator, R&D initiatives and Advisor, technical matters

DR. G P BABUGeneral Manager R&DDoctorate in Chemistry, NCL, PuneHead, R&D initiatives in emerging Catalytic Technologies

NITIN KOTIANGeneral Manager OperationsMasters in Science, Bombay UniversityHead, Operations

G ARUNKUMARGeneral Manager ProjectsBachelors in Mechanical Engineering, REC, TrichiHead, Projects

M G SHAHGeneral Manager FinanceBachelors in Commerce, Bachelors in Law (Bombay University)Head, Finance (the oldest member of the Monarch team)

N K NEELKANTANGen Manager Quality Assurance Dummy Qualifications, Dummy QualificationsDummy Qualifications

VINOD MUTHUKUMARSenior Manager – Corporate StrategyMBA, Bowling Green State University, Ohio

SHRINIVAS MODAKSenior Manager Dummy Qualifications, Dummy QualificationsDummy Qualifications

MAHENDRA KOHLEKARSenior Manager, Procurement Dummy Qualifications, Dummy QualificationsDummy Qualifications

MURALI K IYERSenior Manager, Administration Dummy Qualifications, Dummy QualificationsDummy Qualifications

RAJAN GUNJIKARSenior Manager, Production Dummy Qualifications, Dummy QualificationsDummy Qualifications

OUR PROGRESS AS A NATION CAN BE NO SWIFTER THAN OUR PROGRESS IN EDUCATION. THE HUMAN MIND IS OUR FUNDAMENTAL RESOURCE.

JF Kennedy

MONARCH’s management team is characterized by highly experienced and capable professionals working effectively towards shared goals and values. The emphasis is on continuously building a strong leadership team that can adapt to the global pace of change. The management of the company is being headed by the two young directors, under the able guidance of the senior mentors. The management is a group of techno-commercial professionals. The cumulative experience in the field of catalyst is almost 200 years. The entire Monarch team is committed to the vision of the company and to achieve growth and over all cost leadership.

QUALITY IN A SERVICE OR PRODUCT IS NOT WHAT YOU PUT INTO IT.

IT IS WHAT THE CLIENT OR CUSTOMER GETS OUT OF IT.

PETER DRUCKER

Driven by quality, Monarch has a proven track record of excellence. A fact established by our customers who have been with us for years together. Being more than just suppliers, we are accepted as strategic partners by our clientele who bank on our ability to provide strong technical support to optimise the usage of catalysts for specific applications. Unmatched on-time delivery, constantly monitored CODI (Customer Order Delivery Index), support during crises, are some of the qualities we are well known for.

We have even been known to make air or hand delivery at our expense to help customers avoid costly plant stoppages due to material shortage. Providing support for waste management problems, implementing many cost-reduction exercises through value engineering, are the other services we provide our clients.

Apart from our service, customers favour us for our catalysts, which offer quick reduction at low dosages of catalysts. Comparisons of major catalysts confirm that Monarch’s catalysts offer results at par with the best products globally. Continuous monitoring shows that our catalysts also offer superior batch-to-batch consistency.

Domestic CustomersAjanta Soya LtdAmoli OrganicsAmrit Banaspati LtdAssociated Drug Co.Atul Ltd.Aurobindo Pharma LtdBeekay Finochem Pvt. LtdCasil Health Products LtdChiplun Fine Chemicals LtdColour Chem Ltd.Exon Laboratories Pvt. LtdGodrej Soaps LtdHindustan Lever LtdICI India LtdIPCA LaboratoriesJOCIL LtdJubliant Organosys LtdKalpasutra Industry

Lupin LtdMalnad Drugs and Chemicals LtdNeon Antibiotics Pvt LtdNirma LtdNorthern Chemoils LtdOrex Pharma Pvt LtdOswal Oils & Fats LtdRanbaxy Labs LtdRitesh International LtdRPG Lifesciences LtdRuchi Soya LtdSanmar Speciality Chemicals LtdSatyam IndustriesStrides Arcolab LtdSun Pharmaceutical Industries LtdSuraj Vanaspati LtdSurya EnterpriseSwastik Oleochem LtdVasudha Chemical P Ltd

Global CustomersPfizerTevaKoffolkAkzo Nobel (Malaysia)Baerlocher (Germany)Cognis (Germany, Canada, Malaysia, USA)Greenwell Global Chemicals (China)Palmoleo (Malaysia)Peter Greven (Germany)Pofachem (Malaysia)Sogis (Italy)TEFAC (Sweden)Twin River Technologies (USA)Undesa (Italy, Spain)Uniqema (USA, Europe)Resonance Labs Ltd

SCIENCE IS THE SYSTEMATIC CLASSIFICATION OF EXPERIENCE.

George H Lewes

OILS AND OLEOCHEMICAL CATALYSTS

MONCAT® ~ Moncat is used mainly in the manufacture of soaps, oleochemicals, vanaspati, margarine, stearic acid and hydrogenated castor oil. In India, we are the leaders in this industry. While moving towards becoming a prominent player in the global market of catalysts with only three companies surviving world over.

MONCAT ® 1991 ~ Moncat 1991 catalyst offers exceptional performance for hydrogenation of fatty acids to very low iodine values. Recommended for hydrogenation of a wide range of feedstock such as fatty acids and acid oils derived from various types of oils, it also has excellent poison resistance and good filtration properties. And provides very low nickel soap formation as compared to competitors’ catalyst.

MONCAT ® 2021 ~ Moncat 2021 catalyst offers excellent performance for hydrogenation of triglycerides such as Palm Stearin, Palm oil, Tallow, Soya oil & Castor oil.

MONCAT ® ???? ~ Moncat 2021 catalyst offers excellent performance for hydrogenation of triglycerides such as Palm Stearin, Palm oil, Tallow, Soya oil & Castor oil.

MONCAT ® ????? ~ Moncat 2021 catalyst offers excellent performance for hydrogenation of triglycerides such as Palm Stearin, Palm oil, Tallow, Soya oil & Castor oil.

MONCAT ® ?????? ~ Moncat 2021 catalyst offers excellent performance for hydrogenation of triglycerides such as Palm Stearin, Palm oil, Tallow, Soya oil & Castor oil.

ACTIVATED ALLOY CATALYST ~ When Monarch took over Kallin in 2002, it was the pioneer in the field of Activated Alloy Catalysts in India. And our range of Activated Alloy Catalyst KALCAT came into being. Mainly used in the pharma, dye intermediary and aroma industries, it is touted as one of the best available products globally.

NOBLE METAL CATALYST ~ In spite of being a new entrant in the Noble Metal Catalyst business, we can boast of one of the best recovery results for regaining of noble metal from used catalysts. And we are currently concentrating our energies on building a high-tech plant for the manufacture and recovery of precious metals and catalysts.

MANUFACTURING HIGHLIGHTS

• State of the art manufacturing facility at Dombivili (Near Mumbai)

• Building one of the world’s largest single facility for multiple catalysts

• The plant is based on the latest FBR technology

• Only company to develop indigenous technology for Dry-reduced Catalysts

• 4 Teller Rosters based on dry reduction of Nickel meeting stringent quality norms

• Separate plant for extraction of Nickel from used catalysts

• Only catalyst company in India to offer complete waste management solutions with a facility approved by Ministry of Environment and Forests

• A brand new Activated Alloy Catalyst was built with an expanded capacity. This has been audited and approved by some big multinational pharma companies

• A new facility for manufacturing and re-processing Noble Metal Catalysts with the best yield in the industry. This new NMC facility includes a plant for manufacture of homogenous catalysts

• Kosher and ISO 9001 certified

• A state of the art R&D centre for standardization of different reactions

• A 100 litre hydrogenator for scale up studies on optimization of catalytic reactions

MODERN TECHNOLOGYOWES ECOLOGY AN APOLOGY.

Alan M. Eddison

Monarch boasts of a unique strength. While most catalyst users struggle with waste disposal, we transform this into a plus point. Because catalyst waste is one of the key raw material sources for our range of catalysts. Therefore, WE SELL AND WE BUY BACK! This synergy in operations results in cost benefits and adds to our marketing strength. In fact, Monarch is the only Catalyst Company in India authorised to process nickel waste, approved by the Central Pollution Control Board.

WASTE MANAGEMENT SOLUTIONS

Waste management is a part of our backward integration where we manufacture High Purity Nickel Salts required for manufacturing Oils & Oleochemical Catalysts.

Nickel Waste is generated from Oils & Fats Industry, Pharmaceuticals, Chemicals and Battery Industry. The Waste is usually in the form of Sludge or Powder (from Battery Industry). Environmentally sound processes are adopted to extract Nickel Salts from the Hazardous Nickel Waste. We are authorized by the Ministry of Environment in India and have the requisite permission for import and recycling the waste.

This Sludge is separated from its liquid (Oils & Organics) content and incinerated and digested in Acids to extract Nickel Metal in form of high purity Nickel Salts like Nickel Sulphates and Carbonates.

This results in a win-win situation for our customers and us. The customers get the best value for their waste, which is re-cycled into catalyst by us for a cost effective product.

THE PHILOSOPHY OF ONE CENTURY IS THE COMMON

SENSE OF THE NEXT. Henry Ward Beecher

Monarch is India’s leading catalyst producer and now there is only the world to conquer. Charting this growth path, we have established a well-defined strategy leveraging our core competencies - formidable technical strength, integrated manufacturing facilities, maintaining over all cost leadership and understanding customer needs to explore the global markets.

A host of new product developments have also yielded promising results. The new areas we plan to forge into include Cobalt catalysts, Phase transfer catalysts and Alumina Catalysts among others. R&D efforts have yielded good outcomes and we are geared towards commercially exploiting these segments.

OUR MAP FOR GROWTH

• Focus on high value and specialty catalytic applications providing customised cost effective solutions to customers world over.

• Identify and capture global opportunities placing thrust in exports.

• Emphasis on R&D initiatives that will be result oriented with a focus on market penetration, expansion and commercialisation.

• Create state of the art technologies for quality products and achieve economies of scale.

SOMEWHERE, SOMETHING INCREDIBLE

IS WAITING TO BE KNOWN. Dr Carl Sagan

Science is a continuous journey and we at Monarch are constantly developing and pushing ourselves towards betterment. As a result, many specialist technologies have been developed indigenously. A state of the art set Research Centre, equipped with instruments like Particle Size Analysers, AAS, Autosorb, GLCs, HPLC, TLC lay the basis for various characterisations and surface area study of catalysts.A qualified and competent management team leads this constant process. And is confident of pursuing our corporate growth strategy to explore and exploit new opportunities. Their goal is to leverage opportunities on a international scale, boost profitability and achieve the status of a global enterprise.Technical services

At Monarch, we always work with our customers as strategic partners right from the R & D level to scaling up to plant level. Powering technology to produce unmatched quality of catalysts and catalytic solution at the lowest possible cost to provide maximum value to our customers. Four 1 lit Autoclaves (2 Autoclaves are totally devoted to R & D and Customer’s optimization projects) help us in our accomplishments.

With the help of our customers, we have developed new grades of Activated Alloy Catalysts as per their applications and are on the verge of developing new grades of Activated Alloy catalyst using Base Metal such as Cobalt and Copper for new high-end applications.

Our customers respect us for the secrecy Contracts & Confidential Agreements we sign, wherein we bind ourselves not to disclose any process parameters and molecules information.

We help our customer in selecting the most suitable catalyst and optimizing various parameters like catalyst loading, temperature, pressure and solvent. And if required, we also develop new catalysts to present maximum value to our customers. Our deputed representatives also work on site to help customers in scaling up, and checking any losses made while using Precious Metal Catalysts.

CURRENT INITIATIVES • Enhancing product performance for current applications (Oils & Fats) by improvement in surface area and effective use of promoters.

• Modification of product to meet the requirements for reduction of aromatic molecules with the use of alternative support and bases.

• Development of Membrane and Solvent Extraction Technology for extraction and purification of Nickel & Cobalt from ore concentrate and Spent Catalysts.

• Development of Cobalt Catalysts for niche high-end applications.

• Value-added zeolites using alumina as the base promoter.

• Recovery of precious metals from spent catalysts generated by homogenous catalyst users.

WHILE YOU ARE DIVIDED FROM US BY GEOGRAPHICAL LINES, WHICH ARE IMAGINARY, AND BY A LANGUAGE,

WHICH IS NOT THE SAME, YOU HAVE NOT COME TO AN ALIEN PEOPLE OR LAND. IN THE REALM OF THE HEART,

IN THE DOMAIN OF THE MIND, THERE ARE NO GEOGRAPHICAL LINES

DIVIDING THE NATIONS.Anna Howard Shaw

MALAYSIA & CHINA

Greenwell Global Chemicals Sdn. Bhd. 18, Jalan Bulah H U5/H Seksyen U5, Sungai Buloh Batu 3, 40150 Shah Alan, SelangorMr. K.H. Tan t: +603-78468625 / 78469387 e: greensc@tm.net.my

EUROPE

H B international SAS26 Bisc Rue de I’Ermitage-BP 31, 95160 Montmorency, FranceMr. Valery Desrochest: +33-139-346614e: valery.desroches@hbint.com

Transworld Commodity ConsultantsFairview House, Hinton Road, Bournemouth, BHI2EE England, UKMr. Chris Powellt: +44 1202 298090f: +44 1202 290031e: transworld@aol.com

NORTH AMERICA Mega Sourcing Inc. IL,USA & KL Malaysia Mr. Dale Molinet: +6012-3267763e: dmoline@pd.jaring.my

NORTH INDIA

Alpha Sterling Corporation1205, Nirmal Tower, 26, Barakhamba Road, New Delhi - 110 001Mr. Rajeev Singhalt: +91-11-23315669 / 23325365

Agarwal Chemical CorporationSector 17, Jagadhari, Haryana - 135 003Mr. J. K. Guptat: +91-171-3733143e: jiten56@yahoo.co.in

SOUTH INDIA (Hyderabad Office)Monarch Catalyst Pvt. Ltd402, Karan Centre, Sarojini Devi Road, Secunderabad-500 003Mr Umamaheshwar Raot: +91-40-27840119 / + 91- 98665- 21798e: urao@monarchcatalyst.com

A lot of thought goes into the choosing and appointing of our channel partners and we work hard to retain this relationship through the years. While we primarily ensure they have a complete understanding of the technical know-how governing catalysts, we take great care to match our vision and work ethics with theirs.