JD Orgochem is engaged in manufacturing and marketing agrochemical products and dyes. It was incorporated as a private limited company on October 5, 1973, and later converted into a public limited company on October 29, 1988. Earlier known as Jaysynth Dyechem, it got its present name on January 27, 2004.
It markets its products under the brand names Reactofix and Terenix. The two plants are located at Turbe and Patalganga in Maharashtra. Jaysynth Anthraquinones and Jaysynth (Europe) are subsidiary companies.
Through agents and distributors, the company exports more than 50% of its production to over 40 countries around the world. Major clients include the Birla group, Bombay Dyeing, Century Textile, Century Enka, JCT Mills, Khatau, Mafatlal group, Reliance, and Piramal group among others. The Board of Industrial and Financial Reconstruction (BIFR) have vide its order dated February 5, 2007 filed the company as a sick industrial company.
Business areas of the company:
The company manufactures dyes and pigments, dye intermediates and fungicides.
1973 The company was incorporated as Private Limited Company on 5th October. The Company was later converted into public limited company 29th October 1988. The company promoted by Saradchandra S. Kothari and his family members and is one of the leading manufacturers of Reactive and Disperse Dyes in India. The company is the fourth largest manufacturer of dyes in India. JD Orgochem also manufactures a number of Dye Intermediates. It has an R&D department and has agents and distributors all over the world and the products are sold under the brand name Reactofix and Terenex.
1989 Effective 1st April, Group companies viz. Jay Phthalocyanines, Jay Ethyl Organics and N.A. Chemicals having their plants next to the company's plant at Turbhe & manufacturing similar products as of the company were amalgamated with the company.
1994 JD Orgochem implemented the project at both the plants of the company at a cost of Rs 23 crore, which enhanced the dyeing capacity from 3600 tpa to 4680 tpa. Plant and Machinery comprised rubberlined/titlelined/carbonlined reactors, holding tanks, membrane systems were installed.
2000 The Company has entered into an agreement with NSDL and CDSL.
2001 Jaysynth Dyechem informed BSE that due to Labour problems, the company has declared lock-out at its factory situated at Plot No.A-4/2, MIDC Industrial Area, Patelganga, Dist. Raigad.
2003 Changed the name of the company from Jaysynth Dyechem to JD Orgochem.
JD Orgochem is working out a revival package with the help and support of BIFR/ARGIL/SASF. The revival package may include induction of funds from strategic investors, sale of surplus assets, and restarting operation of its Patalganga plant.