| Synthetic Resins and Specialty Chemicals | Manufacture of synthetic phenolic resins in powder and liquid form for industrial applications. | Established manufacturing infrastructure, in-house R&D, ISO certifications, and strong customer relationships. | Industrial manufacturers in coal, coke, and construction sectors. | Specialty phenolic resins and consumer chemical products with proprietary formulations. | 355 | 100 | Product sales predominantly through B2B channels. | Direct sales with volume-based pricing; occasional online sales for consumer products. | R&D driven product innovation and efforts to penetrate new markets post coal sector downturn. | Novolak Resin, Resol Resin |