|India Carbons Ltd. (ICL), conceived the idea of setting up a Plant at Thane, Maharashtra for the manufacture of ethanolamines viz., Monoethanolamine, diethanolamine, as these products are based on one of the down-stream products of NOCIL's petrochemical complex at Thane.
ICL also obtained a COB license in December 1970 for the manufacture of 3000 tonnes of plasticizers (DOP-Di-Octyl phthalate) per annum.
This license was amended in August 1972, to permit the manufacture of other phthalate plasticizers also. The erection and installation of these plants were progressing as per schedule.
The Company was incorporated on 5th September, 1973 to take over these projects from ICL.
Soon after incorporation, the Company acquired all the assets pertaining to the ethanolamines plant from India Carbon Ltd., and completed the erection. Trial runs commenced in October, 1973.
The Company manufactures ethanolamines phthalate plasticizers and allied chemicals.
2002-Amines & Plasticizers Ltd has informed that Mr Dipak Himatsingka has resigned as the Chairman and Managing Director of the company and his resignation has been accepted by the Board of Directors effective November 28, 2002.
-Amines & Plasticizers delists securities from the Gauhati Stock Exchanges (GSE) with effect from January 31, 2007.
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- The Company has recommended dividend at the rate of Re 0.50 per equity share of face value of Rs 10 each (5%).
-Board has recommended a dividend of Rs.50 paise per equity share of face value of Rs. 10/- each. i.e. 5% for the year 2013.
-Board has Recommended a dividend of Re. 1 per Equity share of Rs. 10/- each i.e. @ 10%
-The Company has allotted the Bonus Shares to its shareholders in the Ratio of 1:1.
-Amines & Plasticizers has splits its face value from Rs. 10 to Rs. 2