the success of a company - sudar industries...
TRANSCRIPT
The success of a company is inevitably drawn from the personality of its promoter.
Origins. Background. Education. Business acumen.
People-management. Ethical standing. Ambition.
For all those wanting to know where Sudar Industries is headed need to look no farther than where its founder has come from.
Paul Murugan Thevar. Founder, Sudar Industries. Started his professional career in
humble circumstances. Grew his garments stitching business from 11 machines
(one location) to 45 machines (two locations) to 76 machines (four locations), 126
machines (nine locations) to 486 machines and now 700 machines.
Paul Murugan Thevar has grown his garments business from an annual turnover of ` 50 lacs in 2001-02 to ` 195 cr in 2011-12 and a projected ` 400 cr in 2013-14.
Driven by his philosophy: “Always do something that
you are passionate about and can live for. This is very
important because living an indifferent life will neither
help you as an individual nor the society. Have a goal in
life and pursue it with passion and dedication.”
When Sudar Garments went public in March 2011, the management of the company had assured its prospective shareholders that the company would grow revenues and profits while being engaged in the garments business.Within less than two years of its IPO, the management
of Sudar has extended from one business to two.
From garments manufacture to pharmaceuticals.
When Sudar Garments went public in March 2011, the management of the companyhad internally estimated 2013-14 revenues of ` 225 cr.
Within less than two years of its IPO, the management of Sudar
Industries (renamed) is pleased to revise its estimated 2013-14
revenues to ` 400 cr (with no additional networth infusion from
existing minority shareholders).
So what is the sum of this classical success story?
That it took Sudar Industries 20 patient years to grow
its revenues to ` 195 cr. The Company now intends
to grow nearly fi ve times as fast in a tenth of the time.
Sudar Industries represents the coming together of two manufacturing businesses. Garments. Which Paul Murugan Thevar started in 1992 and grew into a 700 stitching machine organisation by 2012 with a market capitalisation of ` 200 cr.
And the business of pharmaceuticals which Sudar Industries acquired in 2012 to capitalise on a rare opportunity and emerge as a dependable global supplier.
Safety excellenceVisionTo set a precedent in the global manufacturing industry
through continuous innovation, exceptional products, focused
services and enhanced customer satisfaction to the entire
benefi t of all shareholders, fi nancial institutions and associates
including our management staff, supervisors and labour staff.
Mission
Deliver on-time, every time, anywhere in the world
Keep a sharp eye on product quality and put in all efforts to
continuously raise the bar
Comply fl awlessly with all statutory regulations required by
our customers in any country
Create a logistics infrastructure that adheres to the highest
levels of effi ciency and seamlessly blends with our customers’
supply chain
Ensure escalating productivity standards at the lowest
operating cost, offering our customers products of the
highest quality at the most competitive prices
Vision and mission
Sudar drives innovation through a focus on niche product
manufacture, cutting-edge technology and superior people
capabilities.
Valuing peopleWe value people capabilities. Our unique ‘People and
Process Paradigm’ helps address regulatory compliance,
innovation and creativity.
Peak performanceWe seek to build a sustainable organisational ecosystem
where one is constantly motivated to attain new heights
and empowered to discover new growth avenues. Our
performance in the past couple of years stands testimony to
this pursuit.
QualityOur quality initiative covers product quality, operational
discipline, environmental quality and a superior life quality for
all the people associated with us.
Harmony with societyWe seek to balance our environmental impact and economic
interests. We are committed to the development of society,
culture and economy; we respect laws, demonstrate high
ethical standards and preserve the environment.
Philosophy
Safety firstAt Sudar, safety is a part of the corporate culture. This
includes infrastructural, employee, environmental and
community safety. Starting with employee induction, safety
training is conducted periodically. A number of safety
initiatives have been designed in association with a global
expert to ensure safest manufacturing processes and
systems. These initiatives include:
Use of high-end technologies to recycle discharge,
progressively leading to a zero manufacturing discharge
status
Three-tier safety committees to monitor safety initiatives,
standard operating procedures as well as process and
working standards for R&D and manufacturing units
Round-the-clock medical care and mandatory safety
training for all employees
Use of sophisticated equipment to monitor plant air quality
(inside and ambient)
Safety visionTo become a world-class, safety-driven, pharmaceutical
manufacturing organisation by conducting business
processes and operations with a commitment towards the
highest standards of safety, health and environment. As our
garments unit does not generate effl uents, impact on the
environment and community is relatively lower.
Safety goalOur safety vision is inspired by the succinctly stated goal:
‘zero incident’.
We believe the goal of a zero incident workplace is achievable
by developing and maintaining management systems that
allow us to control risk by ensuring engineering controls and
administrative controls. Our ultimate goal is to have zero
accidents, zero injuries and zero fatalities – leading to ‘zero
incident’.
Our safety principlesThe Company has formulated seven safety principles:
Safety is a core organisational value
Management is responsible for preventing injuries
All injuries can be prevented and occupational exposures
minimised
All incidents must be reported and acted upon
Working safely is a condition of employment and contract
Training employees in safety is essential
Safety ensures good business
Growing scaleSudar strengthened revenues 68.5%
from ` 115.62 cr in FY2011 to
` 194.78 cr in FY2012. The Company
reported a CAGR of 118% over the four
years leading to FY2012, continuously
outperforming its target.
Improving marginsSudar strengthened EBIDTA margins
from 16.7% in FY2011 to 18% in
FY2012 with a corresponding growth
in EBIDTA by 81.5%. Correspondingly,
PAT margins increased from 6.0%
in FY2011 to 6.8% in FY2012. This
improvement was achieved on account
of manufacturing integration, cost
cutting and process rationalisation.
Increased asset utilisationSudar strengthened garments
throughput from 34 lac pieces in
FY2011 to 54 lac pieces in FY2012.
AcquisitionSudar acquired the plant and
equipment (including land and
buildings) of Benzo Petro International
Limited, engaged in the manufacture of
pharmaceutical intermediaries including
CRAMS. This acquisition will generate
sustainable and profi table growth over
the foreseeable future.
How we have enhanced value for our stakeholders
Our garments business
BACKGROUND Incorporated as Sudar Garments Private Limited on January 28, 2002 and reconverted into a public company (Sudar Garments
Ltd) in 2010.
INTEGRATED Sudar is an integrated apparel manufacturer with the capability of designing and manufacturing readymade garments including
cutting, body-stitching, washing, ironing and fi nishing. The Company’s captive embroidery unit addresses the growing needs of
the fashion-conscious, resulting in value-addition.
BRANDSThe Company manufactures and markets apparel under its own brand called ‘Glory to Glory’ and brands like ‘St. Paul’ and
‘Majesty’. The Company also engages in contract manufacture for domestic brands and merchant exporters.
PRODUCTS
Men’s and kids wear Plain shirts l Striped shirts l Trousers l
Casual wear l Knitwear l Patchwork shirts l
Embroidery shirts l Mix and Match shirts l
Denim l Cargos
Women’s wear Ladies shirts l Casual wear l Knitwear l
Tank tops
LOCATIONHeadquartered in Mumbai, Maharashtra. The
manufacturing unit is located at Khalapur Taluka,
Raigad District, Maharashtra.
MARKETSThe Company’s products are marketed to prominent
export houses who, in turn, export the material to
the US, Italy, the UK and the UAE. Nearly 60% of the
Company’s output is exported (indirectly through export
houses), leveraging on the existence of the Jawaharlal
Nehru Port Trust only 30 kms away.
QUALITY STANDARDS ISO 9001:2008-certifi ed
ISO 14001 Quality-certifi ed
Adopted Total Quality Management System (TQM)
Programme, Kaizen.
TECHNOLOGYThe Company invested in cutting-edge stitching
equipment from major suppliers/distributors like JUKI,
Over Lock Machine – light duty (FDM), Flat Lock
Machine (FDM) – regular, Steam Iron Table (Toniy) and
End Cutting Machine (Eastman). Nearly 90% of the
Company’s equipment is less than three years old.
SCALEThe Company enhanced its capacity from 500,000
garments to 800,000 garments per annum in 2008-
09 to 20 lac garments per annum in 2009-10 to 200
lac garments in 2012. The Company possesses 700
normal manually-operated tailoring machines (300 for
shirts, 100 for trousers, 100 for knitted hosiery and
100 for ladies garments) and 200 automatic fi nishing
machines. The Company has one of the largest
capacities in Mumbai, resulting in a preference among
Mumbai-based garment exporters. The Company has
invested in technology; while SGL takes a few seconds
to stitch fi ve buttons; other garment companies usually
take 10 minutes.
ADVANCEDThe Company procures fabric from manufacturers
and authorised distributors. The Company follows
ERP process and an advance logistics system leading
to superior inventory control. This helps effectively
service the requirements of distributors and multi-brand
outlets.
Rich experience: The Company has a 25-member
team with at least 15 years of textile industry
experience. SGL workers undergo comprehensive
and thorough training, including hands-on orientation
around sophisticated equipment.
Our strengths
Volume: At Sudar, we are presently working on an order
booking of around 25,000 units per style, resulting in low batch
changeover time and economies of continuous working.
Integrated: Sudar’s is the only garments unit within the
Mumbai region to be integrated from raw material (fabric) to
garment manufacture to washing to ironing and dispatch under
one roof.
Location: Sudar is located in a prime industrial zone within 35
kms of downtown Mumbai, 80 kms from Mumbai’s international
airport and less than 35 kms from JNPT Port (Nhava Sheva).
The proposed development of Mumbai’s new airport (Ulwe) is
expected only 20 kms from the Company’s plant. The cluster of
villages around the plant offers abundant manpower.
Product mix: Our product mix (shirts, trousers, knitwear,
children and ladies garments) represents a balance between
value-addition and productivity.
Experience: Sudar’s Chairman and Managing Director,
Mr. Paul Mr. Thevar Murugan, possesses a rich experience of
more than 20 years in the garment industry from the
grassroots level. This experience has been reinforced by qualifi ed
professionals at the Board and management levels.
People: Sudar is the only company with dedicated equipment
for training guided by experienced masters. The provision of
furnished labour quarters in an adjoining facility to accommodate
around 350 workers is an advantage. This has translated in an
increase in revenues from ` 115 cr in 2010-11 to ` 195 cr
in 2011-12.
Product mix: Sudar’s product mix (shirts, trousers, knitwear,
children and ladies garments) represents a balance between
value-addition and productivity.
Facilities: Sudar has invested in residential, recreation and
canteen facilities within its premises, resulting in higher worker
productivity than the industry average.
Turnkey: Sudar procures fabric at competitive rates through
volume-based negotiation, resulting in economies of turnkey
manufacture
Value-addition: Sudar, achieved progressive value-addition
through a combination of tailoring, embroidery, washing and
ironing: average realisation per SKU increased from ` 30 in
2010-11 to ` 60 in 2011-12
Labour mix: At Sudar Garments, half the labour is resident
and half is non-resident, strengthening productivity.
Capacity utilisation: Sudar demonstrated a strong
operational discipline marked by meticulous scheduling and
production incentives, minimising downtime.
Economies of scale: Sudar’s existing location comprises
300 workers – a fair critical mass - and we expect to grow the
location to 500 by the end of 2012-13.
Customised raw materials: Sudar has leveraged its
longstanding understanding of the dynamics of the fabric sector
to be able to procure material around the best price-value. No
single supplier accounts for more than 9% of procurement.
Around 60% of the Company’s fabric consumption was sourced
from within 250 kms from its plant.
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Committed clients: Sudar works with large or growing
garment marketing and exporting companies without needing
to incur marketing expenditure to reach products to consumers
with the marketing companies not needing to invest in garment
manufacture
Cash fl ow: Sudar reported a signifi cant improvement in its
operating cash fl ows by striking the right balance between cash
and credit purchases as well as a reasonable receivables cycle.
Relationships: Sudar has countered the risk arising from
price-based competition by selecting to work across extended
relationships with customers. All clients associated with Sudar
since inception continue to work with it, resulting in a higher
ticket size of repeat orders.
Customer concentration: Until 2011, Sudar’s seven leading
customers accounted for almost 99% of its revenues, which
has now extended to 17 clients. Contribution from the largest
customer declined from 27% of revenues in FY11 to 15% in
FY12. Sudar’s increased export of industrial garments will widen
the client base and enhance de-risking.
Order-based revenues: Sudar undertakes garment
manufacture only against orders to counter design
obsolescence. This back-to-back mechanism has enabled the
Company to maintain minimum inventory and insulate from raw
material fl uctuations.
Repeat orders: Sudar generated 75% of revenues in FY2012
from repeat orders derived from longstanding clients.
Gearing: Sudar’s acquisition of the assets of Benzo Petro
International Ltd. was funded through an issue of 40 lac equity
shares. Since the business will not require any major capex, no
additional long-term debt will be taken. The promoters expect
to infuse ` 20 cr of networth in FY13 through fully-convertible
preference shares to reduce the gearing.
Diversifi ed portfolio: Sudar reduced its dependence on
men’s shirts from 80% of revenues to 52%, while revenues
from men’s trousers, garments for children and women and
proprietary labels increased.
Latest equipment: Sudar invested in the latest equipment
from major suppliers/distributors for stitching (JUKI), light duty
Over Lock Machine (FDM), regular Flat Lock Machine (FDM),
steam iron table (Toniy) and end cutting machine (Eastman).
The complement of this modern equipment helps maintain high
quality standards. SIL has invested in 700 normal, manually
operated tailoring machines (300 for shirts, 100 for trousers,
100 for knitted hosiery and 100 for ladies garments). It has 200
fi nishing machines as opposed to other companies who do it
manually. The result is that it takes SIL a few seconds to stitch
fi ve buttons compared to other companies who take 10 minutes.
Minimal outsourcing: Sudar delivers branded wear for
Indian companies and export houses with minimal outsourcing.
Capacity expansion: Sudar expects to increase its capacity
from 54 lac pieces per annum to 96 lac pieces per annum,
which will progressively enhance revenues and margins.
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BackgroundIn 2012-13, Sudar Industries made a momentous decision to
diversify from the manufacture of garments into the manufacture
of pharmaceuticals.
AcquisitionThe Company acquired Benzo Petro (petrochemicals) for
` 26 cr.
LocationsThe units of the acquired company were in the industrial belts of
Vadodara
Acquisition rationaleThis diversifi cation was the result of the Company’s need to
accelerate growth, diversify revenues and de-risk the Company.
* There is a growing international opportunity for the manufacture
of pharmaceuticals on account of a growing generics preference,
patent expiry, a rising patent expiration of blockbuster drugs and
market growth
The acquired company would have taken at least four years to
replicate the business model and clearances
The acquired business possessed rich intellectual capital
(management teams retained) but was in need of fi nancial
investments
The country’s pharmaceutical industry is moving towards the
organised sector; there is a growing international intellectually-driven
wage and currency arbitrage opportunity in this space
The diversifi cation will extend the Company to a business that is
asset-based with a quicker capacity to be scaled rather than remain
excessively dependant on people
There is no gestation in entering the pharmaceutical business; the
existing unit possesses all relevant licenses and clearances, making
it possible to immediately capitalise on opportunities
The pharmaceuticals business possesses an extensive room for
synergic product addition; the signifi cant number of grades that can
be added can catalyse revenues in a sustainable way
The pharmaceuticals business can generate revenue increase
faster than can be derived from garments. The acquired business
will more than break even during 2012-13
The Company intends to capitalize on the high demand for Indian
products (pharma intermediaries, pesticides and fungicides) from the
European and American markets.
* Sudar will selectively retain key Benzo Petro personnel. The
technical operations will be carried out under the leadership of
Dr. Soundararajan (PhD in Organic Chemistry) with a rich
international experience in both academic and industrial fi elds
(having worked with a Nobel Laureate, leading his team in USA and
managed industrial API projects while in Pfi zer (Animal Health) as
Director).
* The acquisition of an existing company has reduced the gestation
period of around 12 to 15 months for securing necessary pollution
control board clearances.
* Sudar received sizeable orders for Contract Manufacturing
(including CRAMS) resulting in the prospect of attractive revenues.
The acquisition of Benzo Petro International Ltd. was a no-cash
transaction. Sudar issued 40 lac equity shares at ` 65 share valuing
the business around ` 26 cr. No debt was raised nor accruals used
for funding the acquisition. The promoters are expected to infuse
equity worth ` 20 cr.
Our pharmaceuticals business
Sudar Industries acquired the assets and
business of Benzo Petro International
Limited for ` 26 cr in 2012. Incorporated
in 1991 by Dhirajlal C Gami and Ramesh
C Gami, Gujarat-based Benzo Petro
manufactures and exports various
benzaldehyde products. The unit possesses
capabilities in AIDS/HIV, diabetes, ACE
inhibitors and CNS.
The acquisition will strengthen the business
of Sudar Industries Limited for the following
reasons:
SIL will emerge as a fully-integrated
pharmaceutical company
SIL will save environmental clearances
time of around two years, while opening
markets and preponing revenues.
SIL will acquire BPIL’s business of AIDS/
HIV, diabetes, ACE inhibitors and CNS,
which would otherwise have taken around
four years.
SIL will enter a tender-based business
where volume will drive the Company’s
topline and reduce SIL’s dependence on
garment manufacture.
Core capabilities of the Benzo Petro team 17 years of experience in broad range
complex chemical reactions
Strong R&D, engineering and
manufacturing capabilities
Track record of multi-step synthesis
Sound understanding of global regulatory
requirements
Professional dedication to product quality
standards
High health, safety and environmental
standards
Dedication to confi dentiality obligations
and IPR protection
Robust business process and project
management capability
Assured achievement of milestones and
deliverables
Partnering with R&D industry, pharma/
biotech and specialty/cosmetic chemical
companies
Highly qualifi ed and experienced CRAMS
team
Going ahead, Sudar intends to leverage its
acquired competencies and emerge as a
preferred CRAMS partner. By leveraging
acquired competencies and technologies,
the Company proposes to assist customers
by developing required products and
delivering required quantities.
Benzo Petro Location: Vadodara, GujaratManufacturing capacity: 1,200 TPA
investments Sudar will invest about ` 30 cr until 2014 to enhance capacity and infrastructure in its CRAMS business.
This will double exports to an estimated ` 370 cr across three years. Nearly 80% of the revenues are likely to be derived through
exports to CIS countries, South East Asia, Africa and MENA countries.
The Company entered into long-term contracts with globally reputed pharmaceutical companies leading to an estimated 100%
annual revenue growth.
big picture
Revenues
` 194 cr, 2011-12
` 650 cr, 2014-15E
Anthraquinone
China exported 13,500 MT in 2010 with a value
of around 45 million USD. The major overseas
markets for anthraquinone products are USA,
Canada, India and Brazil, among others. The African market
is also growing. The export value of anthraquinone to USA
by China alone during the year 2010 amounted to a bit over
US$ 45 million.
Anthraquinone, also called anthracenedione or
dioxoanthracene, The term anthraquinone, invariably
refers to one specific isomer – 9,10-anthraquinone. It is a
building block of many dyes and used in bleaching pulp for
papermaking.
Dyestuff precursor applicationSynthetic dyes are often derived from 9,10-
anthraquinone, such as alizarin. Important derivatiwves
are 1-nitroanthraquinone, anthraquinone-1-sulphonic acid,
and the dinitroanthraquinone. Natural pigments that are
derivatives of anthraquinone are found, inter alia, in aloe
latex, senna, rhubarb, and cascara buckthorn), fungi,
lichens, and some insects.
Digester additive application in paper making9,10-anthraquinone is used as a digester additive in
production of paper pulp by alkaline processes, like the
ANNUAL PRODUCTION VOLUME IS HUGE FOR THIS PRODUCT AS IT HAS MULTIFACETED APPLICATIONS RANGING FROM IT, HARDWARE TO PHARMA AND POLYMER ARENA.
O
O
Kraft, the alkaline sulphite or the Soda-AQ processes. The
anthraquinone is a redox catalyst. This process increases
in yield of pulp, typically 1-3 % and a reduction in kappa
number.
Sodium 2-anthraquinonesulfonate (AMS) is a water-soluble
anthraquinone derivative that was the first anthraquinone
derivative discovered to have a catalytic effect in the alkaline
pulping processes.
Hydrogen peroxide manufactureA large industrial application of anthraquinones is for the
production of hydrogen peroxide.
Catalytic hydrogen peroxide production with the
anthraquinone process
Pharmaceutical applications
Derivatives of 9,10-anthraquinone include many important
drugs (collectively called anthracenediones).
They include -
Laxatives such as dantron, emodin, and aloe emodin,
and some of the senna glycosides
Anti-malarials such as rufigallol
Antineoplastics used in the treatment of cancer, such as
mitoxantrone, pixantrone, and the anthracyclines.
Aloe emodin mitoxantrone pixantrone
Niche applications9,10-anthraquinone is used as a bird repellent on seeds and
as a gas generator in satellite balloons.
Natural anthraquinone derivatives tend to have laxative
effects. Prolonged use and abuse leads to melanosis coli. 5
anthraquinones have been shown to inhibit the formation of
Tau aggregates and dissolve paired helical filaments thought
to be critical to Alzheimer’s disease progression in both
experimental models and in vitro testing but have not been
investigated as a therapeutic agent.
For Example: Emodin…Emodin is being studied as a potential agent that could
reduce the impact of type 2 diabetes. It is a potent
selective inhibitor of the enzyme 11-HSD1. In studies in
obese mice, emodin limits the effect of glucocorticoids and
may therefore ameliorate diabetes and insulin resistance.
Pharmacological studies have demonstrated that emodin
when isolated from rhubarb, exhibits anti-cancer effects on
several human cancers, including human pancreatic cancer.
Emodin in rhubarb extracts may also have neuroprotective
properties against glutamate toxicity.
Precursor to Anthraquinone in our process:1,4-naphthoquinone is mainly used as a precursor to
anthroquinone by reaction with butadiene followed by
oxidation. Nitration gives 5-nitro-1, 4-naphthalenedione,
precursor to an aminoanthroquinone that is used as a dye
precursor.
Naphthoquinone forms the central chemical structure of
many natural compounds, most notably the Vitamin K.
2-methylnaphthoquinone is a more effective coagulant that
Vitamin K.
N-methylmorpholine
N-METHYLMORPHOLINE IS AN ORGANIC BASE OF INTERMEDIATE STRENGTH. ITS MAIN USE IS
AS THE STARTING MATERIAL FOR PREPARING N-METHYLMORPHOLINE N-OXIDE.
OHO
O CH2
OC2H2CH
NHCH2C-v2CH2L2
NHCH2C-v2CH2L2
O
O
OHO
OCH CH2
CH2
CH2
OC2H2
NHl2
NH
O
O
N-methylmorpholine-N-oxide, NMO or NMMO is
heterocyclic amine oxide and morpholine derivative and
used as a co-oxidant and sacrificial catalyst in oxidation
reactions for instance in osmium tetroxide oxidations and
the sharpless asymmetric dihydroxylation or oxidations
with TPAP. NMO is commercially supplied both as a
monohydrate C5H11NO2.H2O and as the anhydrous
compound. The monohydrate is used as a solvent for
cellulose in the Lyocell process to produce cellulose fibres
N-[6-chloro-5-(2-methoxyphenoxy)-(2,2-bipyrimidine)4-4-yl]-
(1,1-dimethylethyl)-benzenesulphonamide
CAS number: 150727-06-3
Used in API BosentanBosentan is a dual endothelin receptor antagonist used in
the treatment of pulmonary artery hypertension (PAH). It is
licensed in the US, the EU and other countries by Actelion
Pharmaceuticals for the management of PAH under the
trade name Tracleer.
Bosentan is indicated mainly for the treatment of pulmonary
hypertension. In 2007, Bosentan was approved in the
European Union also for reducing the number of new digital
ulcers in patients with systemic sclerosis and ongoing digital
ulcer disease.
In the United States, Bosentan is indicated for the treatment
of pulmonary arterial hypertension (WHO Group-I) in patients
with WHO Class II-Iv symptoms, to improve exercise
capacity and decrease the rate of clinical worsening.
N-methyliminodiacetic acid (MIDA)CAS number: 4408-64-4
Uses of N-methyliminodiacetic acid: (1) it is used in organic
synthesis as in MIDA boronates an important building block;
(2) it is used to produce other intermediate drug chemicals
like zolodronic acid.
For example, it can react with benzene-1,2-diamine to get
bis-(1H-benzoimidazol-2-ylmethyl)-methyl-amine.
MIDA Boronates are very much used in complex drug
syntheses
[Source: http://www.sigmaaldrich.com/chemistry/chemical-
synthesis/technology-spotlights/mida-boronates.html]
For Example: (+)-Crocacin C.
2,4-DICHLOROACETOPHENONE
CAS number: 2234-16-4It is used as a polymerisation catalyst for the manufacture
of olefins. It is used as an intermediate for pharmaceuticals,
agrochemicals and other organic compounds. It also has
been used as a soporific. It is used as a solvent for plastics,
resins, cellulose ethers, and esters. The dimer (dipnone)
is used as a plasticiser. Acetophenone and its derivatives,
having additionally substituted saturated alkyls, oxygenated
alkyl groups, thio groups, additional aromatic groups,
unsaturated aliphatic side chains, and other functional
groups, are ingredients for flavour and fragrance in soaps,
detergents, cosmetics, and perfumes as well as in foods,
beverages, and tobacco. An example of end product
from 2,4-dichloroacetophenone is an anti-fungal agent
(ketoconazole).
HexaconazoleHexaconazole is a systemic fungicide used for the
control of many fungi particularly for ascomycetes and
basidiomycetes.
CAS no: 79983-71-4
Formula: C14H17Cl2N3O activity: fungicides (conazole fungicides)
R
OH
OH
O2
H2
H2 O2
R
O
O