Southern Petrochemicals Industries Corporation Ltd Company History

K Govindarajan quit as managing director of Spic Petrochemicals Ltd (SPC)

2000 - The Heavy Chemical Division of the Company situated at Manali is

proposed to be transferred/disposed off as a `going concern' on

such conditions after taking into consideration the result of an

independent valuation study.

A 50:50 Joint Venture between the Company and Pioneer Overseas

Corporation of the US, is setting up a plant for `conditioning of

seeds' and `cold storage of seeds'. The Joint Venture Company is

setting 5,000 MTPA seed processing plant at Yellampet in the RR

District of Andhra Pradesh.

The Company has bagged the `Best Productivity Award' for the year

1998-99 under the category `fertiliser industry - Phosphatic'.

Spic has bagged the Award of Honour for the year 1999 from the National Safety Council of India,

VR Aravind managing director of Gulf SPIC Contracting Company WLL Kuwait will take over as the managing director of SPIC Petro.

Tamilnadu Petroproducts (TPL) has acquired the heavy chemicals division (HCD) of Spic with the approval of various authorities

Mr. A.C. Muthiah Vice Chairman and President took over as Chairman of SPIC following the death of his father M.A. Chidambaram

2001 - Mr M. Madhavan Nambiar has been co-opted as Nominee Director of TIDCO

in place of Mr R. Gopalan.

Southern Petrochemical Industries Corporation Ltd (Spic), the Chennai-based MA Chidambaram flagship company, has decided to pull out of the race for acquiring government’s stake in the public sector Madras Fertiliser Ltd (MFL)

Southern Petrochemicals Industries Corporation (Spic) has agreed to reimburse over Rs 16 crore to Chennai Petroleum Corporation Ltd (CPCL) following CPCL’s decision to withdraw from the over Rs 2,000 crore Arochem project in Tamil Nadu.

Mr Ashwin C. Muthiah has been elected Vice-Chairman of the Chennai-based Southern Petrochemical Industries Corporation Ltd.

SPIC has divested its entire stake in Seeds JV in favour of US major Pioneer for $17 million

The pharmaceuticals division of Southern Petrochemical Industries Corporation Ltd (SPIC), located at Cuddalore, in Tamil Nadu, has received the approval from Food and Drug Administration of the US

Mr Ashwin C. Muthiah has been elected Vice-Chairman of the Chennai-based Southern Petrochemical Industries Corporation Ltd.

The Southern Petrochemical Industries Corporation Ltd (SPIC) has been conferred the ICMA Award 2000 by the Indian Chemical Manufacturers' Association for excellence in management of safety, health and environment

Spic Petro MD quits

Southern Petrochemical Industries Corporation Ltd has informed that Thiru Babu K Verghese, Deputy Managing Director, is elevated as M D of the Company in place of Dr P R Sundaravadivelu who consequent to his retirement on March 31, 2002 has laid down the Office as Vice Chairman (M D)/Director of the Company.

SPIC has sold its 49 per cent share in Caltex-Spic to its joint venture partner Caltex oil corporation.

The Southern Petrochemical Industries Corporation Ltd (Spic), has engaged in the services of two international consultancy majors to advice the group on business restructuring.

The Southern Petrochemicals and Industrial Corporation Ltd has got two, Rs 73 crore, contracts from the public sector PowerGrid Corporation of India Ltd (PGCIL). The projects will be completed and commissioned before the first quarter of 2005

The Southern Petrochemical Industries Corporation Ltd (Spic) has introduced three bio-enzyme formulations for the poultry feed intended to increase the digestibility of the feed and improving the feed conversion ratio among poultry birds

Southern Petrochemical Industries Corporation (SPIC) has closed down its ammonia unit at Tuticorin due to a leakage in the pipeline. Accident occurred when the repair works were

underway on October 1

SPIC-SMO, the engineering and services division of the Company, receives Letter of Award for supply and construction of double circuit transmission line on the 155 km stretch between Mysore and Nelamangala in Karnataka

Board approved to issue/allot 2,00,00,000 equity shares of the face value of Rs.10/- each, aggregating to Rs.20 crores,at par, to the Promoters of the Company.

Jaya gets clean chit in SPIC case

Karaikudi-based Alagappa University on August 25, 2004, confers the degree of Doctor of Letters on the SPIC group Chairman, Mr A.C. Muthiah

Thiru D. Rajendran, IAS has been appointed as Nominee Director of Tamilnadu Industrial Development Corporation Limited

Southern Petrochemicals has appointed Thiru M Jayasankar as an Independent Director of the Company

Southern Petrochemicals has appointed Thiru M F Farooqui, IAS, as Nominee Director of Tamilnadu Industrial Development Corporation Limited

Ms Neeta Mukerji has been appointed as Nominee Director of Asset Reconstruction Company (India) Limited

Thiru N Rajeeva Prakash has been appointed as Company Secretary and Compliance Officer of the company.

Southern Petrochemicals Industries Corporation Ltd has informed that the Registered Office of of the Company have been shifted from No 73, Armenian Street, Chennai 600001 to "SPIC House" No 88 Mount Road, Guindy Chennai 6000032.

Southern Petrochemicals Industries Corporation Ltd has approved the reappointment of Thiru K K Rajagopalan as Wholetime Director of the Company for a period of one year from November 16, 2013.

Southern Petrochemicals Industries Corporation Ltd has appointed Tmt G Latha, IAS as Nominee Director of M/s Tamilnadu Industrial Development Corporation Ltd. on the Board of the Company.

Southern Petrochemicals Industries Corporation Ltd their plants at Tuticorin have resumed production

Southern Petrochemicals Industries Corporation Ltd. Memorandum of Understanding was entered into between Government of Tamil Nadu and the Company to co-operate in the setting up additional production facility of 12,70,000 MTPY of Urea in Tuticorin and facilitate establishment and operation of the project.

"SPIC resumes commercial production of Urea and Ammonia as per planned schedule. All its plants have re-started operations successfully."

Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding ''Resumption of Production''.