J. P. Polymers Pvt. Ltd.
Importers & Dealers in all kinds of Engineering Polymers

In Conversation

Polymerupdate : Tell us something about your early start. How did you enter the polymers business ?

Mr. Jiten Mathuria : I am a Mechanical Engineer by profession and had absolutely no background in the plastic industry. I worked on a number of businesses and the plastics business for me was just something on the sidelines. In 1995-96, I foresaw the huge potential this industry promised. The plastics business was started by me as a trading activity. I started my business with the selling of Polycarbonate. I also dealt in nylon, polyacetals, acrylic and PBT, buying from importers, traders and selling to end users.

Polymerupdate : What will you describe as the turning point in your career ?

Mr. Jiten Mathuria : The turning point in my career came when I was given the agency for Nylon 6,66 by SRF Polymers Ltd in 1999-2000. Later E.I. Dupont India Ltd also awarded us an agency for selling their Polycarbonate. Today we sell their PBT, Polyacetals, TPE etc, In 2001, we received an agency from Sumitomo Chemicals, Singapore as sole distributors for Acrylic Resin PMMA. These agencies gave my company a big reputation in the market & all the existing customers started recommending our name to other manufacturers & our customer base kept on increasing alongwith our business.

Polymerupdate : Which are the various polymers you deal in ?

Mr. Jiten Mathuria : Our company specializes in Engineering Polymers only. We deal in PMMA-Acrylic Clear & Coloured, Polycarbonate (PC) Clear, Coloured & Compounded, PC- ABS Alloy, Transparent ABS, SB Copolymer –K-Resin, SMMA-MS, Nylon-6,66, Polyacetal, PBT, ABS & SAN, UHMWPE etc., We also deal in specialty plastics like LCP, PPS, Nylon 12, PEI, DAP and BMC since the last 2 to 3 years. We also deal in quality Off Grades, Near Prime, Recycled and Regrinded polymers for the customers who are required to give economical products & cheaper alternatives in today’s competitive market.

Polymerupdate : Which are the countries you import material from ?

Mr. Jiten Mathuria : We import material from several countries around the world like Singapore, Japan, Korea, Taiwan, Thailand, USA, Brazil etc.

Polymerupdate : Can you elaborate on your company’s sales of polymers and your growth volume in terms of the company turnover ?

Mr. Jiten Mathuria : We sell around 500 tons of engineering polymers every month. From a turnover of Rs 33 lakhs in 1995, we had a turnover of Rs 49 crores last year.

Polymerupdate : What is the price fluctuation in engineering polymers as compared to commodity polymers ?

Mr. Jiten Mathuria : Price fluctuation in any polymer is a common factor & is the same as compared to commodity polymers but it is not as rapid as commodity polymers.

Polymerupdate : What has been the guiding philosophy in your business ?

Mr. Jiten Mathuria : We have never been interested in simple trading, we always try to understand customer’s requirement & suggest him different Polymers according to his need of quality & price. We have a team of 30 employees who are committed to efficient work and providing quality service to customers. We believe in customer education for which we have a team of qualified marketing personnel. A ready inventory of various grades of polymers is maintained by our company.

Polymerupdate : What are your future plans ?

Mr. Jiten Mathuria : We still want to concentrate on more engineering polymers as there exists a vast market for them. We are also contemplating exports of seconds compounded engineering polymers from India to China which we look at as a prime export market.

Polymerupdate : Engineering polymers have applications in which industries and how do you foresee the development of the engineering polymers market ?

Mr. Jiten Mathuria : Engineering polymers have applications in automotive sector, mobile telephones, telecommunications,-electronics, energy meters, fashion industry, medical instruments and household sector. The market for engineering polymers is expanding and I feel that this industry will grow at a rate of 50-70 percent over the next 10 years.