Wednesday, May 2, 2012

>VIKAS WSP: Riding on Huge Demand from Shale Gas Drilling Companies In USA

Vikas WSP Limited is world's leading and India's largest manufacturer and exporter of Guar Gum Powder (GGP). The company was incorporated in 1988 to meet out growing global demand of Guar Gum Powder by establishing two 100% export oriented units at Sriganganagar (Rajasthan). The word WSP Stands for "Water Soluble Polymers".

Besides food applications, Vikas WSP also manufactures guar gum products for highly specified applications such as oil and natural gas exploration.

Guar gum is an emulsifier, thickener, and stabilizer and finds application in a wide range of foods, pharmaceuticals, cosmetics, textiles and paper industries . It is sold as a white to yellowish odorless powder, which is available in different grades.

Important derivatives of Guar gum which company produces and used for oil and gas industry are :
a) Hydroxypropyl Guar gum
b) CarboxyMethyl Guar gum
c) Carboxy methyl hydroxy propyl Guar gum

The company exports its entire production.
There are 3 major guar gum players in the world. Vikas WSP is having a capacity of 54,000 tonnes per annum perhaps the largest. Rhodia Chemicals seems the second largest player with 45,000 tonnes per annum capacity of (mainly food grade) Guar Gum Polymers. Hercules of U.S.A. is having a capacity of 30,000 tonnes per annum on (Health care, Industrial, etc.). Others are small-scale players; most of them manufacture Guar Powder and not Guar Polymer.

To read report in detail: VIKAS WSP