FUTURA POLYESTERS LIMITED

formerly the merged entity of Futura Polymers Limited and Indian Organic Chemicals Limited
1960Indian Organic Chemicals Limited founded by Mr B M Ghia
1963Alcohol based chemicals manufacturing at Khopoli
1972Polyester Fibre manufacturing at Chennai (6,000 TPA).
Futura brand launched.
1978R & D achievement on RPET/RPBT/DMT/Glycolysis: Recycling of Fibrous waste into Fibres commercialized.
1986Sonata Software Division launched.
1987Polyester Expansion :38,500 TPA Fibres and 9,000 TPA Filament Yarn
1988Speciality Fibres (Tow / Tops) / Dope Dyed Black Fibres launched; R & D achievement on PTA Recovery Technology.
1993Futura Polymers Limited (FPL) launched – JV between Pepsico Inc U.S.A & IOCL ; PET Resin (28,000 TPA) ; Preforms (3500 TPA)
1994"Sonata Software Limited "- hived off ; Filament Yarn Plant closed; Master Batch Chips’ plant Commissioned.
1998Futura Polymers Limited (FPL) becomes 100% subsidiary of IOCL.
2001Preforms Expansion to 12,000 TPA (6 M/Cs) completed. Speciality PET Range launched. Preforms Expansion to 20,000 TPA (9 M/Cs) completed.
2002Name changed to Futura Polyesters Limited; Innovassynth Technologies India Ltd. launched, after closure of Alcohol based Chemical business; PET Resin capacity expanded from 28,000 TPA to 57,000 TPA.
2003Polymers Development of Fast Reheat, Hot Fill and 20% PCRPET resins.
Fibres Commercialisation of various shades of colour fibres.
2004Polymers Comercialisation of PTT, PEN, EcoPET, PENT, "Clear" Fast Reheat PET.
Preforms Development of Alaska neck Preforms for water, giving weight savings.
2005Preforms Development of non crystalised neck HFR preform for 85oC filling temperature.
2006Polymers Development of High Shrink Film PET and ETP for Engineering Thermo Plastics.
Preforms Development of bottles and Preforms for both HFR and Beer applications. Successful trials at Breweries.
2007Polymers Development of Pasteurisable PETN Resin and PTN developed.
Fibres Commercialisation of Hi Shrink fibre.
2008Polymers Development of High Barrier PET.
Fibres Commercialisation of Flame Retardant Fibre, Moisture Management Fibre and Hi Shrink dope dyed Fibre.
Preforms Addition of 20L Jar Preform manufacturing and bottle blowing facility for R & D.
2009Polymers Development of FRPET, PBT via PTA route, High IV RPET, Barrier PET, Weld PET.
Preforms Development of 1881 neck Preforms. Successful completion of field trials with PETN Jars in place of PC.
2010Polymers Development of specialty high concentration Flame Retardant PET. Development of resins for 20L Jars for local Market.
Development of Cationic Dyeable Polyester (CDP) resin for fibre application.
Development of special High IV resin for Monofilament application.
FibresAddition of few more colours in our Dope Dyed fibre range
2011 Investment to improve and monitor our Environment Management Systems like Stack emission, sludge treatments, RO system etc.,
PolymersDevelopment of special Flame Retardant Polymers for deep dyeing. Development of special CDP polymers for Deep dyeing for POY applications. Development of Atmospheric dyeable Polyester for POY application.
Fibres Successful commercialization of atmospheric dyeable fire
PreformDevelopment of 1881 neck Preforms for further applications
Financial Statement
51st Annual Report
Shareholding Pattern
Code of Conduct
Announcement