Professional Documents
Culture Documents
Galaxy Surfactants LTD
Galaxy Surfactants LTD
Galaxy Surfactants LTD
AYUSH SINGH
SECTION: FC
ROLL NO. 21218
COMPANY BASED RESEARCH
Galaxy Surfactants Ltd.
In 2009, Galaxy acquired specialty chemical major TRI-K Inc. USA operating out of New Jersey. TRI-K, with
its sharp focus on Skin and Hair Care, has created a niche and has a much respected business globally. Tri-K has
its manufacturing facility at New Hampshire, where it makes Proteins, Protein Condensates and Protein Quats
for Beauty and Cosmetics market. In Q1 2014, TRI-K acquired SI LLC, USA to grow North American Market
for Surfactants.
‘Galaxy’ is a well-known brand to all the global and regional players operating in Hair and Personal care
business. Their global reach extends to over 1000 customers in 100 countries.
They are not only proud of their core values; but also in their ability to adhere to them. Their HR is called
People Energy Process. Their 1000+ employees are not considered as Human Resources but as Sources –
Sources of dreams of the organization and their realization. They are quite rigid about who becomes part of their
team.
Over 31% of their people have been with the organization for more than 10 years and over 41% of their people
are 30 years or younger. In Galaxy, meritocracy and competence alone count. Immense growth opportunities
exist for people of talent and commitment. Intrapreneurship is actively encouraged and rewarded. People who
started as Management Trainees are today heading their operations in USA and Egypt.
Management Team
Mr. Unnathan Shekhar
Promoter, Managing Director
He has been associated with our Company since May 20, 1986. He holds a Bachelors Degree in Chemical
Engineering from the University Department of Chemical Technology, Mumbai and a Post Graduate
Diploma in Management from Indian Institute of Management, Calcutta. He has over 30 years of
experience in the chemical manufacturing industry. He is a recipient of the “Distinguished Alumnus
Award for 1998” conferred by the University Department of Chemical Technology Alumni Association.
As a Managing Director of their Company, he looks after overall management of their Company's
Business and Operations.
He has been associated with their Company since September 10, 2004. He is a qualified Company
Secretary from The Institute of Company Secretaries of India and a Cost Accountant from the Institute of
Cost and Work Accountants of India. He was also an associate of The Institute of Bankers, London and
The Indian Institute of Bankers. He also holds a Bachelor of Laws (LL.B.) degree from the Mangalore
University. He joined their Company in 2004 as General Manager – Finance and Company Secretary.
In the year 2014 he was given the responsibilities of Special Projects and was designated as Vice President
– Special Projects. He joined their Board with effect from April 1, 2017. He has more than 20 years of
experience in the banking and financial sector.
As the Executive Director-Finance & CFO, he looks after Finance, Information Technology and Systems
and Corporate Governance Processes.
Mr. K. Natarajan
Executive Director & Chief Operating Officer
He has been associated with their Company since April 21, 1993. He holds a Bachelor’s Degree in
Commerce from University of Mumbai and is a Cost Accountant from the Institute of Cost and Works
Accountants of India. He completed the Advanced Management Programme from the Harvard Business
School in May 2016.
Since joining Galaxy in April 1993, he has headed diverse functions including Finance, IT, Business
Creation, Business Commercial, Global Sourcing and Supply Chain and was designated as Chief of
Operations in December 2009. Prior to joining their Company, he worked with Indian Organic Chemicals
Limited as Deputy Manager (Finance).
He has been associated with their Company since June 29, 2007. He was a fellow member of The Institute
of Cost Accountants of India. He has been associated with Hindustan Unilever Limited for more than 30
years in various capacities. He was the former Managing Director - Foods Division, Executive Director
(Beverages) and Divisional Vice President Commercial for Detergents at Hindustan Unilever Limited.
He has been associated with their Company since May 20, 1986. He holds a Masters Degree in Commerce
from University of Bombay. He is a 'fellow member' of The Institute of Chartered Accountants of India
and the Institute of Cost and Works Accountants of India. He is also a qualified Company Secretary from
The Institute of Company Secretaries of India.
He was awarded with “The Lotus Foundation Scholarship” for the year 1974, “The M.R. DeSouza
Scholarship for the year 1974” and the “National Scholarship Scheme – 1974-75” by the Government of
India to pursue Masters Degree in Commerce and was also awarded with a general proficiency - silver
medal and Certificate of Merit for securing the first position in India in the Final Cost Accountancy
Examination, 1997.
He has over 30 years of experience in Personal and Home Care in the area of Business Creation and
Marketing.
He has been associated with their Company since June 17, 1995. He holds a Bachelors Degree in Chemical
Engineering from Shivaji University, Kolhapur.
He has also attended the Global Advance Management Programme for Global Leadership – 2009 from the
Indian School of Business, India and the Kellogg School of Management, USA and Advance Management
Programme from Harvard. He started his career with their Company as a Chemical Process Engineer and
has been associated with their Company for the past 20 years. He has been instrumental in successfully
commissioning of the Egypt operations and thereafter as a Managing Director has demonstrated his
abilities in navigating various challenges in successfully anchoring the business and operations of the
subsidiary in Egypt.
He has more than 30 years of experience in the field of finance, commerce, project management, sales,
marketing, human restheirces management and general administration. Prior to joining their Company, he
was associated with Godrej Soaps Limited as the Financial Controller.
He has been associated with their Company since September 24, 2005. He holds a Bachelors Degree in
Chemical Engineering from the Indian Institute of Technology, Madras and a Post Graduate Diploma in
Management from Indian Institute of Management, Calcutta. He is also a PhD from Mumbai University
and has completed the Advanced Management Program from Harvard Business School. He recently
completed his term as Advisor to FCB Ulka Advertising, where he had a career spanning 25 years.
He joined Ulka Advertising in 1989 as Vice President, South and later became Executive Director and
CEO of FCB Ulka Advertising – part of FCB Worldwide and the Interpublic Group, USA during which
time he set up various divisions such as Digital, Direct and Healthcare practices and Cogito Consulting. He
was earlier associated with The Boots Company (India) Limited as a Marketing Planning Manager and
United Database (India) Private Limited as General Manager (Sales). He serves as an adjunct professor at
S.P. Jain Institute of Management and Research.
He is an independent director at Qube Cinema Technologies Private Limited. He has a brand advisory
website titled www.brandbuilding.com and serves as a coach and mentor for brand building. He was a
member in the Board of Governors of Indian Institute of Management, Calcutta (2007-2017) and a
recipient of “Distinguished Alumni Award” from Indian Institute of Technology, Madras in 2009.
He has over 30 years of experience in marketing and advertising industry. He is also a member of
Advisory Committee for SEBI Investor Protection and Education Fund.
She has been associated with their Company since February 1, 2015. She holds a Bachelor’s degree in Arts
and Master’s degree in Psychology from Osmania University. She is also an alumnus from the Harvard
Business School having completed the Advanced Management program in 2014.
She has over 20 years of experience in the field of Information Technology and Human Resource. She has
worked with organizations like Wipro and Infosys and was Group Head – Human Resource Development
(Vice President) at Infosys. Currently, she is an advisor to start-ups in the HR technology space and to
Great Place Research & Consultancy Private Limited.
Mr. Shashikant R. Shanbhag holds a Bachelor’s Degree in Commerce from University of Mumbai. He is
an associate member of The Institute of Chartered Accountants of India and a qualified Cost Accountant
from The Institute of Cost Accountants of India. He has over thirty five (35) years of experience in
Chemical Manufacturing Industry. He is one of the promoters of the Company.
GLOBAL PRESENCE
MARKET SEGMENTS
Skin Care
Our Skin is the single largest organ of the human body and perhaps the most important one. Skin Care comprising
of cleansing, toning and moisturising has become an essential part of our daily lives. A 140 Billion USD Market,
Skin Care is the biggest within the personal care space. Natural, Sustainable, Customised and High on Innovation
are the trends and buzz words influencing this industry today.
Galaxy’s offers a comprehensive range comprising of anionic surfactants (traditional as well as milder surfactants),
cationic, amphoteric surfactants, preservatives, form and viscosity boosters, functional additives, pearlizers, syndet
and transparent bathing bars. With over 100 + solutions, global reach and excellent technical and customer
support, their sustainable, environment friendly solutions are designed to make their customers win.
Hair Care
Hair care, an 80 Billion USD industry today, comprises of multiple segments – shampoos, medicated formulations,
conditioners, hair loss treatments, styling agents, colourants, perms and relaxants. It is perhaps the most diverse
sub-segment within the beauty and personal care space.
Their comprehensive product portfolio which comprises of anionic, cationic, non-ionic, amphoteric surfactants,
foam and viscosity boosters, sulfate-free mild surfactants, preservatives, functional actives and blends finds
application across formulations within the hair care space. Be it cleansing, foaming, mildness, conditioning,
natural, preservative free or premium hair care, their extensive product basket lets you choose and customise
products as per your needs.
Sun Care
Sun Protection is a necessity today. A 13 Billion USD Industry, Sun Care today is not only about
anti-tan and sun protection but also about products that offer additional value-added benefits such
as anti-pollution, hair color protection, anti-aging and moisturisation.
Oral Care
Healthy teeth not only make you look better but also boost confidence. Oral Care, which
comprises of brushing, flossing, gum simulation and oral irrigation is an integral part of our daily
lives. A 45 Billon USD Market; Oral Care today is more about natural, mild and innovative
solutions.
Galaxy’s comprehensive portfolio of anionic surfactants (Sodium Lauryl Sulphate) and mild
surfactants; customised as per the formulation requirements (Needles/Powder/Granules/Liquid)
has ensured value creation at all levels for their customers
Baby Care
Baby Care is the most sensitive and delicate segment within the personal care space.
Mild – sulfate free, natural, non-toxic, preservatives and minerals free are the buzz words
dominating this industry today. One of the fastest growing legs within the beauty and personal
care space, baby care as an industry runs high on trust and reliability. Consumers want reliable
products, and customers are looking for more innovative and dependable personal care ingredient
manufacturers
Galaxy, through its continual innovation, expertise and experience, has over the last decade
developed ingredients which are not only gentle to the skin but also sulfate free, preservatives
free, natural and minerals free.
Home Care
A 150 Billion USD industry that has segments like laundry care, dishwashing, air care, surface
care and brands that appeal to all income groups and influences millions of lives daily – Home
Care today is an integral part of our well-being.
Sustainable, time saving, efficient, high on hygiene and performance solutions are the buzz words
that have captured the industry’s imagination.
Galaxy range of performance surfactants includes anionic, non-ionic, cationic and amphoteric
surfactants and innovative home care solutions – sustainable, water efficient and high on
performance blends. It is through this diverse and comprehensive range of ingredients; Galaxy has
created a unique value proposition for its customers- customised solutions not only for the present
but also for the future
ECONOMICS
From adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial
resins, polymers and more, their product portfolio is as diverse as it is ever-evolving. Today, their brands
are trusted household and industrial names, and they are the market leader in adhesives.
A robust and growing network makes their products accessible across demographics and geographies.
They also embrace their responsibility towards the community through social initiatives in rural
development, education and healthcare.
Vishnu Chemicals
Vishnu Chemicals has consistently evolved by imbibing global competencies and adding capabilities that
keep customers ahead of competitors. As a pure play chemical manufacturer, They have today
consolidated their position as a dependable supplier for global companies across steel, glass,
pharmaceutical, pigments and dyes, leather and allied industries.
Their supply footprint includes all the major geographies including Asia, China, South East Asia, Europe,
UK, North, South and Central America, Africa among others. Based out of Hyderabad, India, their three
world-class manufacturing facilities are certified at global standards for quality and manufacturing
excellence.
Do Demand forecasting of the product for the next two year
DEMAND FORCASTING
2500
2000
f(x) = 68.4838181818182 x − 136525.004181818
R² = 0.808432530504218
1500
1000
500
0
2012 2014 2016 2018 2020 2022 2024
Pidilite LTD.
Year 2021 2022 2023
Vishnu Chemicals
Sales forecasting helps with business planning, budgeting and goal setting. Once you have a good understanding
of what your future sales could look like, you can begin to develop an informed procurement strategy to make
sure you supply matches customer demand. According to the forecast it is being assumed that the company will
grow in the upcoming years as they can see that they are getting an upward moving trend line. It is a signal that
the demand for the asset is greater than the supply, and is used to suggest that the price is likely to continue
heading upward.
Vision
delight customers; be a partner of choice, and a global leader of surfactants and specialty chemicals to the
personal & home care industry with a commitment to a cleaner and safer environment and delivering
consistently above average returns to the investors
Mission
To be a brand of Global Eminence through best-in-class value delivery by high quality people.
PRODUCT PORTFOLIOS
Galaxy Surfactants produces a comprehensive range of non-ionic fatty alcohol ethoxylates that are
custom-made to meet the needs of certain moles and products.
Pearlizers
LIQUID PEARLIZERS
Cold processable, pumpable, pearlshine concentrates.
SOLID PEARLIZERS
Pearlizing agent in Personal & Home Care Products.
Surfactant Blends
These are Synergistic Surfactant mixes/blends aimed to provide consistent high performance,
enabling users to make a range of personal care rinse off products along with products in home care
category. These are very easy to use ready surfactant bases providing power to Formulators to make
Products with differentiated claims.
Galaxy Syndets are bathing bar bases, supplied in the form of noodles, for preparation of soap free 'Skin
to Neutral pH' syndet bathing bars as well as Combo bathing bars.
Galaxy has several grades of Syndet Noodles with differentiated benefits, concluded with application
studies and in-house clinical tests. Galaxy Syndets are 'Ready-to-Use' bases and can also be processed on
conventional Soap manufacturing set-up. Thus, it enables Soap and other Bathing bar manufacturers to
create premium, innovative, and customized products without spending much time on product
development.
Sunscreen Formulation
By now, you've probably heard how crucial the formulation of sunscreen lotion is for your skin's
general health and look. Wearing sunscreen creams every day is an important component of your
skincare regimen; if you don't, you're exposing your sensitive facial skin to harmful UV rays.
However, there are a number of additional advantages to using an excellent sunscreen formulation,
including the following:
Maintains an Even Skin Tone — Applying sunscreen to your face can help maintain an even skin
tone. Uneven skin tones are caused by a variety of factors, including sun exposure, which may be
mitigated by wearing sunscreen.
Sun Protection – One of the most important features of sunscreen is that it offers broad-spectrum
protection from the sun's damaging UV radiation. Sunscreen truly helps to prevent UV rays from
penetrating the skin and causing a range of skin problems.
Prevents Premature Aging Symptoms – Excessive sun exposure can exacerbate the appearance of
fine lines and wrinkles. Sunscreen can function as UV filters, preventing the detrimental effects of
ageing and restoring youthful, vibrant, and healthy skin.
Lowers Cancer Chance – Sunscreen is extremely effective in lowering the risk of developing a range
of skin cancers, particularly melanoma. This kind of skin cancer is known to be exceedingly
aggressive and can be fatal for many women, especially those in their twenties.
Overall Healthy Skin – Using sunscreen protects important proteins in the skin such as titanium
dioxide and zinc oxide, making it healthier overall. These additions are largely responsible for UV
protection, as well as a healthy appearance and function for the skin.
They at Galaxy offer unique sun protection solutions that are mineral UV filter and water-resistant
for greater efficacy on your daily use formulations, as they believe sunscreen products are now a
vital component of routine skin care.
Functional Actives
Emollients
Conditioning Agents
Scalp Care
Anti-Microbials
Preservatives and Blends
Preservative systems are essential in most formulations because they ensure product safety and
integrity, notably in cosmetics products. Preservatives in cosmetics such as sorbic acid and
phenoxyethanol answer the demand for broad-spectrum, efficient protection formulas. These are
chemical compounds that protect sensitive skin from skin irritants.
Food, drinks, pharmaceutical medications, paints, biological samples, cosmetics, wood, and a variety
of other things include concentrations of phenoxyethanol that inhibit microbial growth breakdown
or undesired chemical changes. Apart from being phenoxyethanol safe, you can also use it to keep
your products from losing their strength or rotting because it's one of the finest preservatives in
cosmetics.
Antioxidant properties.
Major competitors
Pidilite
Pidilite is a consumer centric company committed to quality and innovation. For decades, they have been
pioneering products for small to large applications, at home and industry, which have forged strong bonds
with people from all walks of life.
From adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial
resins, polymers and more, their product portfolio is as diverse as it is ever-evolving. Today, their brands
are trusted household and industrial names, and they are the market leader in adhesives.
A robust and growing network makes their products accessible across demographics and geographies.
They also embrace their responsibility towards the community through social initiatives in rural
development, education and healthcare.
Vishnu Chemicals
Vishnu Chemicals has consistently evolved by imbibing global competencies and adding capabilities that
keep customers ahead of competitors. As a pure play chemical manufacturer, they have today consolidated
their position as a dependable supplier for global companies across steel, glass, pharmaceutical, pigments
and dyes, leather and allied industries.
Their supply footprint includes all the major geographies including Asia, China, South East Asia, Europe,
UK, North, South and Central America, Africa among others. Based out of Hyderabad, India, their three
world-class manufacturing facilities are certified at global standards for quality and manufacturing
excellence
Unprofitable Products
Deeper understanding and insights on challenges of preservation of personal care products have
resulted in development of Galguard Trident, a specialised blend that is free of toxic antimicrobials.
Galshield UVcare, an optimised sunscreen blend was successfully launched in FY 2015-16 enabling
ease of processing for their customers. Galaxy has introduced “cold process” blend for ease of its use
in formulation, reduction of heating time and increasing throughput for their customer. Galaxy also
introduced various blends and sulfate-free products in its portfolio that reduced energy
consumption and health concerns for their customers. New sustainable product launches include
“Galsoft SCGL” manufactured based on their patented nontoxic proprietary catalyst and on Green
Chemistry Principles. They have successfully developed and launched Sulfate Free, Mild Surfactants
based Transparent Bathing Bar “Galaxy SN 960 SF” and “Galaxy SN 967 SF” for both international
and domestic market.
Their Sodium Lauryl Sulfate range of products has ECOCERT attestation. ECOCERT, a voluntary
certification system, ensures that a product is natural and environmentally-friendly throughout its
life cycle and satisfies the minimum threshold of natural and organic ingredients. It thoroughly
analyses the complete production process of a product, beginning with the sourcing of its raw
materials, the manufacturing process, and the final finished product and its packaging.
SWOT Analysis
Strengths are the firm's capabilities and resources that it can use to design, develop,
and sustain competitive advantage in the marketplace
- First mover advantage in the increasingly crowded market place. The new
products are rapidly increasing Galaxy Surfactants market share in the Chemical
Manufacturing industry.
- High margins compare to Chemical Manufacturing industry's competitors - Even
though Galaxy Surfactants is facing downward pressure on profitability, compare to
competitors it is still racking in higher profit margins.
- Success of new product mix - Galaxy Surfactants provides exhaustive product mix
options to its customers. It helps the company in catering to various customers
segments in the Chemical Manufacturing industry.
- Extra cost of building new supply chain and logistics network - Internet and
Artificial Intelligence has significantly altered the business model in the Basic
Materials industry and given the decreasing significance of the dealer network Galaxy
Surfactants has to build a new robust supply chain network. That can be extremely
expensive.
- Local Collaboration - Tie-up with local players can also provide opportunities of
growth for the Galaxy Surfactants in international markets. The local players have
local expertise while Galaxy Surfactants can bring global processes and execution
expertise on table.
Threats are factors that can be potential dangers to the firm's business models
because of changes in macro economic factors and changing consumer perceptions.
Threats can be managed but not controlled.
- Shortage of skilled human resources - Given the high turnover of employees and
increasing dependence on innovative solution, companyname can face skilled human
resources challenges in the near future.
Q1. What are the social media platforms used by the company as of October 2021?
A1. The social media platforms used by the company as of October 2021:
YouTube
Q2. How many people are following conpany’s social media handles?
A2. No of followers for each digital platform for the assigned company:
Q3. What is the most popular social media platform and why?
A3. Linked is the most popular social media platform because the company has its
maximum followers there and it also regularly posts relevant things about the
company on it which help in getting its target audience.
A4. Frequency of posts on each social media platform (Per day/time/ Weekly/
monthly)
Q5. Which is the fastest growing social media platform for them?
A5. LinkedIn
Q6. What’s the best time to post on social media for the company?
A6. The best times to post on social media overall is 10:00 AM on Tuesdays, Wednesdays, and
Thursdays.
The best time to post on Facebook is 8:00 AM to 12:00 PM on Tuesdays and Thursdays.
- The best time may differ from company to company to fit with their specific audience
behaviour.
A7. The company should post regularly on the social media. This is because this will also act as
a mode of promotion and the company will be able to attract customers and target the audience.
Q8. Which social media platform should they use to sell their products and services?
A8. The company can use YouTube to sell its product or service. This is because the product or
service can be converted to a video which can be eye catching
A9. They should post the content which will be relating to the business and having some social
messages for the society. For example, when they are launching new products, how it will be
benefit for the societies and will it be safe and how to have proper allocation of resources. Social
messages examples festivals wishing and quotes of big authors etc.
A10.
A11. They can increase followers only if they increase the post and they can create promotion so
that the position of the product can happen, and they can reach to more and more customers.
Because if they post less than it will be a simple account in the social media platform. So, they
need to have posts and that to it should be useful so that the customer will be having interest to
check the page and then they can be attracted.
Q12. What is the company’s overall purpose for having social media profiles?
A12. In today’s world technology is the thing from which they can reach the whole world without
depending on and spending much more in the physical mode. So, in simple terms technology
makes it simples and they can reach to more and more customers with a creative’s posts and
promotion of product. So, therefore they need to maintain social media profile.
Q13. Who is the target audience of the company in social media platforms?
A13. The target audience of GALAXY SURFACTANTS is other company because it is a b2b
company and does not provide any customer products. As its main product is soda ash so
companies like glass industries , chemical industries etc are basically its target audience.
Q14. What topics and sources of information from social media are most important to the
company?
A14.
A15. GALAXY SURFACTANTS's motto was Reuse, Recycle, Beat Plastic Pollution and Save the
environment.