INDO RAMA SYNTHETICS (INDIA) LIMITED

url : www.indoramaindia.com

Indo Rama Synthetics (India) Limited was established in India in 1989 with a commitment to quality and customer satisfaction.

It’s exposure to international operations gives it a competitive edge in adherence to global standards. The company boasts of covering diverse fields of Polyester (staple fibre, filament yarn, and FDY, DTY and textile grade chips).

In 1995 the Integrated Polyester Complex at Butibori, near Nagpur in Maharashtra in technical collaboration with Dupont of USA was set up for polymer production and partially oriented yarn (POY) and Toyobo of Japan for polyester staple fibre (PSF).

Indo Rama Synthetics (India) Limited is the country’s largest dedicated polyester manufacturer (at a single location), with an Integrated Manufacturing Complex at Butibori, near Nagpur in Maharashtra producing Polyester Staple Fibre (PSF), Polyester Filament Yarn (PFY – POY/DTY), Draw Textured Yarn (DTY) and Textile grade Chips.

As part of the expansion process, the Butibori plant has now doubled its capacity of both PSF and PFY. The expansion has been executed in alliance with Zimmer AG, a leading technology provider from Germany. Today, the Butibori plant produces 6, 00,000 metric tones of PSF, POY, FDY, DTY and fibre grade chips. The expansion was completed with a project cost of Rs. 900 crores over a period of 2.5 years.

During December 07, Indo Rama Petrochemicals Ltd is merged with Indo Rama Synthetics (India) Ltd. With this merger, Power business has now become a separate revenue segment of the company. Excess power available from the 30 MW coal fired power plant, after captive consumption, is being sold to the Maharashtra grid.

Indo Rama has in place ISO-9001 (2000) for highest standard of Quality Management System (QMS), ISO-14001 (2004) for Environment Management System (EMS) and OEKO Tex certificate to meet Human Ecological requirements. Implementation of OSHAS-18001 (Occupational Safety & Health) was taken up in financial year of 2006-07.

Forbes magazine has recognized the group - Indo Rama Synthetics (India) Ltd. and associate companies based in South-East Asia - as one of the ‘100 Best Small Companies in the Emerging Markets’.

Indo Rama Synthetics (India) Limited, in agreement with Pegasus Global Limited of Thailand established a Joint Venture (JV) in the USA. The JV, under the name of Star Pet Inc., acquired an operational Integrated Bottle-Grade Pet Resin manufacturing facility with an installed capacity of manufacture of around 70,000 tonnes (150 million pounds) per annum (tpa) of Polyester from Tiepet International Ltd. of North Carolina, USA. The acquisition was, structured by Management Consultants KPMG Atlanta on financial aspects and Cadwalder NY on legal and environment issues.

Indo Rama has a dynamic workforce of about 3,000 employees. The organization puts forth the growth of its employees in terms of their welfare. Continuous programmes for its staff in training and healthcare are provided at regular intervals. Housing colonies have been built for its employees at Nagpur. A school at Butibori imparts quality education both for the employees’ children as well as the citizens of Nagpur.

Every step that the company takes helps it get closer to its objective of building an organization, which is customer-focused, innovative and where quality is the bottom-line.

Mr. OP Lohia is heading the Board of Directors and the organization as Chairman and Managing Director.