Since the concept of micronization was totally new and revolutionizing in the Indian market and the introductory product from the Company was of a 20 Micron particle size the name sounded quite unique and substantially relevant to the Industry. This is how the Company was named and is now a major brand recognized in the industries we serve.

Mr. Chandresh S. Parikh with his innovative insight business acumen and farsightedness and with the active support of Mr. Bhanubhai B. Patel and Mr. B. B. Parikh ventured to start this Mineral Processing Company. He was supported by Mr. Bhanubhai B. Patel who has wide experience in Paints industry Mr. Anant K. Kamdar and Mr. B. B. Parikh who was a marketing Director (Mr. B.B. Parikh disassociated himself from the Company during the year 2003).

The Company commenced its Commercial Operations on 04.10.1988 by setting an industrial unit at WAGHODIA Gujarat with an annual Capacity of 2 400 MT.

With a view to meeting with increasing demand of Micronized Minerals and focusing attention for carrying on the same business separate legal entities as named below were incorporated by separate group of Promoters in complete co-ordination and leadership of Mr. Chandresh S. Parikh.

Sr. No. Name of the Company Incorporated on

1. Hi-tech Minerals Private Limited February 12 1990 2. Fi-Microns & Minerals Private limited March 09 1992 3. Aric Industrial Products Private Limited June 20 1988 4. United Microns Private Limited January 25 1988 5. Fi-Minerals Private Limited September 06 1996

Subsequently realizing the importance and rationale of Amalgamation such as:

i) To achieve economies on large scale Synergy of operations and optimization of costs

ii) To lead to a greater economy and efficiency by sharing rather than duplicating productions distributions marketing research management services and facilities.

iii) To combine resources of all the companies would be better utilized for the purpose of future growth and development.

All the above companies were amalgamated with 20ML upon completion of all legal formalities including obtaining High Courts' Orders of the respective States in that behalf. The entire process of amalgamation was completed during 1998 and 2002.

This has helped the Company to become a Flagship Company and a conglomerate. 20 ML also became a multi-locational Company with an annual capacity of 90 400 metric tonnes and paid-up share capital of Rs. 1244 Lacs. The manufacturing operations are carried on at Waghodia Vadadla & Bhuj in Gujarat; Alwar Swaroopgunj & Udaipur in Rajasthan and Hosur & Tirunelveli in Tamilnadu. The manufacturing activities at Bhuj are being carried on by Wet Process and to facilitate operations of the said unit imported Cryogenic Magnetic Separator was installed thereat. This has brought about maximization of yield and better returns. The Company had also obtained mining leases at Chhotaudaipur & Mamuara in Gujarat for Dolomite and China Clay respectively; Moras in Rajasthan for Calcite and Tirunelveli in Tamilnadu for Lime Stone. The Company has a wide spread Marketing set-up with the Offices at Kolkata Mumbai Delhi Hyderabad & Vadodara.

The Products of the Company have been widely accepted in different industries like Paints Paper Plastics Cement Rubber Ceramics etc. The sales turnover for FY 07 increased to Rs. 8 741 Lacs from Rs 6749 Lacs in FY 06. This increase was mainly due to effective marketing of value added products & increase in consumption by Plastics Extrusions Petrochemicals & paper industries across the Country. This growing industry has helped the mineral industry to grow at the same rate. The focus on higher capacity utilization at all manufacturing locations and identification of high-value products has also added to higher turnover.

The Company has well equipped Research and Development Center (R&D Center) located at village Vadadla Dist-Vadodara Gujarat is a well equipped unit possessing all adequate facilities to carryout well diversified R&D work pertaining to the minerals and their application in different fields. The center's activities are always aimed at achieving the Company's objective to be globally competitive by way of product innovation up-gradation of technology and continuous improvement in quality of the finished goods. The Company has a customer oriented approach and the R & D Centre lines up its activities to cater to their needs. The R & D Centre is working on its own without the support of any outside agency and has developed various mineral based Value Added Products & Speciality Chemicals.

During the year ended 31.03.2008 the Company's turnover amounted to Rs. 11 469 Lacs including Exports turnover of Rs. 1 162 Lacs & net profit of Rs. 459 Lacs. Despite adverse effects due to devastating Earthquake in Bhuj in the year 2001 and it's after shocks the Company came out successfully from those ill-effects and made a remarkable turnaround.

Major Achievements

Year Achievement

1988 Ventured into Micronised Minerals for Paints

1989 Plastindia generated inroads into plastic market

1990 Investment in expanding the Micronising process and R&D facilities

1991 Expansion of production capacity to 17 000 TPA at Waghodia (Gujarat)

1992 Acquired Dolomite Mines (Lease) at Chotta Udaipur (Gujarat)

1992 Implementation of total quality management TQM.

1994 Production capacity increased by 17 000 TPA at WAGHODIA (Gujarat).

1994 Acquired the mining lease of China Clay in Kutch district

1994 R&D division becomes a separate entity itself

1995 New Unit installed at Vadadla (Gujarat) with 18 000 TPA capacity

1996 Acquired the mining lease of Dolomite in Chotta Udaipur in Gujarat

1997 Planned - China Clay project at Bhuj (Gujarat) - Green field Project

1997 Acquired Mining Lease for China Clay at Mamuara Kutch (Gujarat)

1998 Further acquired Mining Lease of Calcite in Sirohi District of Rajasthan

1998 Ordered first of its kind Cryogenic Super Conducting Magnetic Separator for Kaolin project at Bhuj (Gujarat)

1998 Accepted Venture Fund participation for the growth of the Company

1999 Introduced Value Added products for Pigments replacement

2001 Installed Plant Of 6000 TPA Capacity At Alwar (Rajasthan)

1997 2001 Bhuj Plant of China Clay affected by Natural Calamity Earthquake

2004 China Clay Production planned at Tirunelveli

2005 Acquired Land at Tirunelveli and implementation started at T'velli for China Clay in South

2006 Plant Capacities at all locations achieved at + 85%

2008