Outlook
Your company is well positioned to serve the rapidly growing demand for PIB, which has wide range of uses in Chemical, plastics, Petroleum, rubber industries. Polybutene consumption is likely to increase due to several petrochemical applications.  However, high crude prices and feed stock prices continue to affect our profitability.

Acknowledgements
I take this opportunity, to express my gratitude to all the share holders for their continued trust in the Board of Directors and the Management of the Company. I am thankful to the shareholders, for their full support and valuable guidance. On behalf of the Company, I would also like to thank all our customers, dealers, suppliers and other business associates for their support and co-operation.

I look forward to your continued support in the Company’s exciting journey into the future.

With warm regards’

B.H.Kothari
Chairman & Managing Director
Kothari Petrochemicals Ltd.