Shanti Inorganics Ltd. IPO

Overview of Sulphur-Based Inorganic Chemicals
India is one of the leading consumers and producers of sulphur-based inorganic chemicals, driven primarily by its large agricultural base, expanding industrial activity, and growing demand from sectors such as fertilizers, water treatment, ... chemicals, pulp & paper, and textiles. The Indian sulphur-based chemical industry includes products such as sulphuric acid, sodium bisulphite, sodium metabisulphite, sodium sulphite, and ammonium bisulphite, with sulphuric acid being the most consumed and produced. Sodium Bisulphite (NaHSO3) Sodium bisulphite is an inorganic salt commonly used as a reducing agent and preservative in various industrial and food applications. It is typically manufactured by bubbling sulphur dioxide (SO2) through a sodium carbonate or sodium hydroxide solution. Globally, the product finds significant demand in water treatment, textile processing, and paper & pulp industries, driven by its effectiveness in oxygen scavenging and bleaching. Its use in food preservation and pharmaceuticals is more prominent in regions with advanced regulatory compliance systems, such as North America and Europe. Ammonium Bisulphite (NH4HSO3) Ammonium bisulphite is a clear, yellowish liquid used primarily as an oxygen scavenger and reducing agent in industrial processes. It is formed by absorbing sulfur dioxide into an aqueous solution of ammonia. The product is critical in oilfield applications (especially in drilling fluids), boiler water treatment, and the photographic and pulp & paper industries. Its global demand is strongly linked to the upstream oil & gas industry, particularly in regions with enhanced oil recovery and offshore drilling operations like North America and the Middle East. Domestic Chemicals Industry The chemical industry is one of the most pervasive sectors in manufacturing, owing to its critical role in enabling a wide array of end-use applications. The Indian chemicals industry is highly diversified, encompassing over 80,000 commercial products, including basic chemicals, petrochemicals, agrochemicals, paints, gases, personal care chemicals, and pharmaceuticals. It is a key enabler of India's industrial and agricultural development and acts as a fundamental building block for several downstream industries such as textiles, paper, packaging, paints and coatings, soaps and detergents, and healthcare   Read more