Shiv Texchem IPO

Shiv Texchem is an importer and distributor of hydrocarbon-based chemicals of the product family acetyls, alcohol, aromatics, nitriles, monomers, glycols, phenolics, ketones, and isocyanates. These are critical raw materials used in various industries, like paints and coatings, printing inks, agrochemical products, specialty polymers, pharmaceutical products, and specialty industrial chemicals. In the petrochemical industry, certain base chemicals serve as the foundation for various derivative chemicals. These chemicals serve as secondary and tertiary chemicals used in various industries. Shiv Texchem imports and redistributes these secondary and tertiary chemicals. The company sources these chemicals from international producers and suppliers and redistributes them to domestic industries. Shiv Texchem sources these chemicals from countries, including China, Taiwan, South Korea, Kuwait, Qatar, the US, the Netherlands, Belgium, and Italy, among others. These are then delivered to domestic customers, including Apcotex Industries Limited, Hemani Industries Limited, and Gujarat Fluorochemicals Limited, among others.;