Carbon Black Manufacturing Business Seeking Loan in Salem, India

- We purchase the bulk bitumen from overseas refineries through importers in Mangalore and Karwar Ports stored in the existing tank farm. We source the same from them and transport it in Trucks to the Customers.

- An annual increase of 6% in consumption annually in the country will help the company expand its business prospects in Karnataka and Tamil Nadu.

- Road laying work is carried out throughout the year and demand for Bulk Bitumen is huge. We supply Bulk Bitumen to contractors registered with NHAI Road work, State Highways, Panchayath Road Work, and Sugarcane Roads. We also have a client base in Andhra Pradesh and Telangana.

- Currently supplying the products to 25 clients. They are road contractors.

- The main object of the company is to carry on the business as dealers, importers, exporters, contractors, distributors, agents, manufacturers, and consultants of Bitumen & Allied Bituminous products and Petroleum & other related Petroleum products.

- Have GST and MSME certificates.

Traders, distributors, stockists & importers of bulk bitumen vg-10, vg-30, vg-40 grades, bituminous road emulsion, furnace oil, light diesel oil, fuel oil, refined palm oil, palm stearin, crude derivatives, agrochemicals, minerals, quartz, silica, mica, fly ash, and other allied petro products.

Tangible assets include company-owned land area, office equipment, and chairs.

Office is located in the center of the city on a 500 sqft area with a monthly rent of INR 9,500.

- Business is funded by the promoter.

- No loans.

- Company has 2 partners with 70% and 30% partnerships.