2. India's leading manufacturer, supplier and exporter of aroma and fragrance chemicals.
#Privy Speciality Chemical - Superior Business Model ?
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2. India's leading manufacturer, supplier and exporter of aroma and fragrance chemicals.
1. Aroma chemicals which form the building blocks of the F & F industry is a size of about USD 5.5bn. This multi-billion-dollar industry impacts daily life for consumers worldwide, often on multiple fronts: From the toothpaste we use, to the coffee, tea,
2. The industry value chain begins from the petrochemical manufacturers and ends with the FMCG industries.
1. Privi manufactures aroma chemicals which are used by the Fragrance and flavours industry to make different formulations having application in the FMCG industry.
1. In early times, extracts of flowers were used to make fragrances, however in modern times with scarcity of flora and fauna, the aroma industry is dependent on petrochemicals and pinene for their raw material requirement.
1. From the petrochemicals value chain we derive benzene, toluene, xylene, phenols aldehydes etc and other types of chemicals.These chemicals go hand in hand with essential oils or isolates and under
Nitro musk was widely used during the 20th century but is now prohibited because of certain neurotoxicity and their phototoxicity.
The pinene molecule is derived from two sources i.e. GTO & CST. This pinene molecule has isomers composition of alpha pinene, beta pinene and di-pentenes, all of these belong to the broad family of terpenes.
Margin hierarchy: Specialty > Citral > Pinene > Phenols.
Privi has 3 manufacturing units with a total production capacity of - 32,500 TPA spread across Amber fleur, Acetates, Dihydromyrcenol, Ionones, Nitriles, Sandal wood derivatives and Specialty chemicals.
Conventional technology derived pinene from GTO. GTO is derived from pine trees and is an expensive raw material. Crude sulphate turpentine is comparatively cheaper but due to high sulphur content and
Privi speciality developed in-house technology to derive pinene from CST giving them the competitive advantage over others.
The numbers translate the process innovation as the revenues improved post CST manufacturing along with expansion in margins.
Camphor: Camphor is used in pharmaceutical and industrial applications.
Asset Turnover of 2X with 3000 Cr revenue guidance in 3-3.5 years post capex. (Continued)
With CST processing technology and manufacturing value added products from waste is what determines the R&D efforts of privi specialty
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Part 1 : Introduction to pharma industry
Link : https://t.co/XZvGKjxo0C
Part 2: Drug discovery process with CRAMS, CDMO, CMO, CSM
Link : https://t.co/MPQm0OXUbL
Part 3 : Generic Drugs (ANDA)
Coming this Saturday at 11 AM
Part 4: Bio-similars
Like & Retweet to support us in the journey to educate investors !!
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In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.
In the Spring of 2017, after a deep dive into the Fake News phenomena, the security team wanted to publish an update that covered what we had learned. At this point, we didn’t have any advertising content or the big IRA cluster, but we did know about the GRU model.
This report when through dozens of edits as different equities were represented. I did not have any meetings with Sheryl on the paper, but I can’t speak to whether she was in the loop with my higher-ups.
In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.
The story doesn\u2019t say you were told not to... it says you did so without approval and they tried to obfuscate what you found. Is that true?
— Sarah Frier (@sarahfrier) November 15, 2018
In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.
In the Spring of 2017, after a deep dive into the Fake News phenomena, the security team wanted to publish an update that covered what we had learned. At this point, we didn’t have any advertising content or the big IRA cluster, but we did know about the GRU model.
This report when through dozens of edits as different equities were represented. I did not have any meetings with Sheryl on the paper, but I can’t speak to whether she was in the loop with my higher-ups.
In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.