Swot Analysis Of Petrochemicals Corporation

1500 Words6 Pages
Introduction • Indian petrochemicals Corporation Ltd(IPCL) • Reliance Industries Limited (RIL) 2. Acquisition process 3. Synergistic Acquisition 4. Challenges & Restructuring of the organisation 5. Restructuring under theory “E” of Change 6. Restructuring under theory “O” of Change 7. Decisions that went Right 8. Decisions that went wrong 9. Actions taken (If we would have been CEO) 10. References Introduction (IPCL and RIL): IPCL - Indian petrochemicals Corporation Ltd Indian petrochemicals Corporation Ltd (IPCL) was established in March 1969 as a Government of India undertaking. The objective was to establish a petrochemicals company and develop the petrochemicals market in India. IPSL has following three petrochemicals complexes:…show more content…
“The amalgamation of IPCL with the Company is in line with global trends in the energy and chemicals sector, to achieve size, scale, integration and greater financial strength and flexibility, in the interests of maximizing the overall shareholder value. The amalgamation would also augment the Company‟s status of being India‟s only world scale, fully integrated, globally competitive energy company with operations in oil and gas exploration and production (E&P), refining and marketing (R&M), petrochemicals and textiles.” (I) Improve Market Share: In the below drawn table it is evident that market share of RIL & IPCL together increased by 13% to 100% for different product mix. Separately they were competing not only with each other but also from imported products specially from China & Middle east countries. Product Capacity (‘000 TPA) Total India RIL RIL+IPCL Change RIL IPCL Market share Market share HDPE 400 380 1520 26.31% 51.31% 25% ACN 35 35 0% 100% 100% PP 1000 190 1415 70.67% 84% 13.42% PVC 270 205 770 35% 61.68% 26.6% MEG 360 170 580 62% 91.37%

More about Swot Analysis Of Petrochemicals Corporation

Open Document