1

A REPORT ON THE INTERNSHIP UNDERGONE

AT VENBRO POLYMERS ERODE. The internship training report submitted to the Anna University to technology, Coimbatore in partial fulfillment of the requirements for the award of the Degree of

MASTER OF BUSINESS ADMINISTRATION

Submitted by

B.SATHEESH Register No: 098001602038

DEPARTMENT OF MANAGEMENT STUDIES C M S COLLEGE OF ENGINEERING, C M S Nagar, Ernapuram, Namakkal-637 003 AUGUST 2010

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CMS COLLEGE OF ENGINEERING NAMAKKAL-637003 Department of management studies

CERTIFICATE

This is to certify that the internship training report undergone at Venbro polymers, Erode. in a record of the work done by Mr.B.SATHEESH (Register No:098001602038) Submitted in partial fulfillment of the requirement for the award of degree of Master of business administration of Anna University of Technology during the academic year 2010.

Supervisor signature

Head of the department

Viva-voce examination held on..

Internal Examiner

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DECLARATION

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DECLARATION

I hereby declare that the internship training undergone at VENBRO POLYMERS, ERODE. Is my original work and that no part of this report has been submitted for the award of any other Degree, Diploma, Fellowship or any other similar titles or prizes and that the work has not been published in any scientific or popular journal or magazine.

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Place: Date:

B.SATHEESH (Register No:098001602038)

ACKNOWLEDGEMENT

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ACKNOWLEDGEMENT
First and foremost I would like to thank GOD for making me to complete this project work successfully. It is my privilege and great pleasure to express my sincere and heart full thanks to Mr. C.MUTHUSAMY, Founder and Chairman of C.M.S Educational Institutions, Namakkal. For giving opportunity to study in this prestigious institutions. I am indebted to Dr. C. NELSON KENNEDY BABU, Principal, C.M.S COLLEGE OF ENGINEERING, NAMAKKAL. For providing me an opportunity to undertake the project of the study. I extend my thanks to Head of the department Mr. K.G.Senthilkumar, M.B.A,Mphil,(PhD)., C.M.S College of Engineering, Namakkal . For his Constant encouragement &Valuable guidance throughout the study. I express my sincere thanks to Mr. V.KARTHI, M.B.A., Lecturer of C.M.S College of Engineering, Namakkal. For his/her Valuable guidance, advice, encouragement and creative suggestions in preparation of this work.

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I express my thanks to gratitude to the members of Venbro polymers those who helped me to fulfill my project work. Finally I express my sincere thanks towards my parents, friends ands others for this encouragement and support.

B.SATHEESH.

CONTENTS

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CONTENTS

Chapter No

Particulars Title Page Certificate (s) Declaration Acknowledgement Introduction to the Institutional Training Industry Profile About the industry Industry leader
Market share

Page No 1 3 5 7 13 19 22 23 27 28 32 33 34 36 38

1 2

Market Performance Estimation of the earnings Scope of the industry Company profile About the company Vision and Mission The organization hierarchy Departments

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Products & Services 4 Learning and Findings from the company Production Finance Human Resource Marketing Theoretical concepts and Real practices Conclusion Bibliography and References

40 46 47 52 56 60 64 66 70

5 6

CHAPTER-1

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INTRODUCTION TO THE INSTITUTIONAL TRAINING

Training is the process of increasing the knowledge and skills of doing a particular job. It is an organization procedure by which people lean learn knowledge and skill for a define purpose. The study also gives a better understanding about the history of the company and it is different phases of development since it is inception. It also helps in identifying and studying the various policies, procedures and programs adopted by the company. The study identifies the industry to which the organization belongs and its importance in the world, country and state, the study also throws light the future plans of the company. It also helps identifying and studying the various policies, procedures and programs adopted by the company.

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Our industrial technology training programmes are designed for students who are looking to master their technical skills. Appin knowledge solutions gives students to get hands on experience this summer, unlike any training in industries where students are not allowed to work on the real equipment during the internships. Our industrial training programmes are exhaustive and covering the latest in technologies. Both the programs also have the project work include in them which the students will be doing in course of their industrial training. Training is the process of increasing the knowledge and skills of doing a particular job. It is an organization procedure by which people lean learn knowledge and skill for a define purpose. The purpose of training is basically to bridge the gap between job requirements and present competence of an employee. Our mission is to provide current and comprehensive educational program that enhance individual performance and corporate productivity in the end technology with acknowledge based. We provide the most convenient and cost effective delivery of course content created by world experts in academia and industry.

ADVANTAGES:

1) Training helps to improve the self confident of an employer as well as the person under going training.

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2) It helps to know about the companies different activities. 3) It helps to analyze the various department problems 4) It will be helpful for our future when we start a new 5) To know about the different technical activities. in the company. business.

CHAPTER-2
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INDUSTRY PROFILE

ABOUT THE INDUSTRY

Polymer industries has been in the plastics business for close to 30 years. In that time, the company has grown to become a leading manufacturer polyolefins in the United States and around the world. By continually investing in the state of art equipment, polymer Industries has been able to meet the escalating demands of its rapidly growing customer base. We utilize only the finest resins and additives in the manufacturing process and our quality management system, modeled after ISO 9000:2001 ensures our customers of a quality product. In the fall of 2001, polymer industries opened its west coast warehouse which is now located in Salt Lake City, Utah.

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This central location has made it possible for us to better serve our customers in that region. Delivery times have been cut from up to a week or more to one or two days. This coupled with our prepaid freight policy of free shipments for over 5000 lbs in the west makes polymer Industries the one to call for polyolefin sheet, rod, and profiles. Polymer Industries went global in mid 2004 with its acquisition of a UHMW manufacturing facility in Hyderabad, India. With this venture, Polymer has expanded its reach to the furthest corners of the globe making us competitive in markets including Far East Asia, the Middle East, and Australia.

HISTORY OF PLASTICS AND POLYMERS

Plastics are polymers. What is a polymer? The most simple definition of a polymer is something made of many units. Think of a polymer as a chain. Each link of the chain is a mer or basic unit is made of carbon, hydrogen, oxygen, and/or silicon. To make the chain, many links or mers are hooked or polymerized together. Polymerization can be demonstrated by linking strips of construction paper together to make paper garlands or hooking together hundreds of paper clips to form chains. Polymers have been with us since the beginning of time. Natural polymers include such things as tar and shellac, tortoise shell and horns, as well as tree saps that produce amber and latex. These polymers were processed with heat and pressure

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15 into useful articles like hair ornaments and jewelry. Natural polymers began to be chemically modified during the 1800s to produce many materials. The most famous of these were vulcanized rubber, gun cotton, and celluloid. The first semi-synthetic polymer produced was Bakelite in 1909 and was soon followed by the first synthetic fiber, rayon, which was developed in 1911. Even with these developments, it was not until World War II that significant changes took place in the polymer industry. Prior to world war II, natural substances were generally available; therefore, synthetics that were being developed were not a necessity. Once the world went to war, our natural sources of latex, wool, silk, and other materials were cut off, making the use of synthetics critical. During this time period, we saw the use of nylon, acrylic, neoprene, SBR, polyethylene, and many more polymers take the place of natural materials that were no longer available. Since then, the polymer industry has continued to grow and has evolved into one of the fastest growing industries in the U.S. and in the world.

STRUCTURE OF POLYMERS:
Many common classes of polymers arecomposed of hydrocarbons. These polymers are specifically made of small units bonded into long chains. Carbone makes up the backbone of the molecule atomsare bonded along the backbone. Below is a diagram of polythelene, the simplest polymer structure.

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There are polymers that contain only carbon and hydrogen. Polypropylene, polybutylene, polystyrene, and polymethylpentene are examples of these. Even though the basic makeup of many polymers polyvinyl chloride(PVC) contains chlorine.Nylon contains nitrogen and oxygen. Teflon contains fluorine. Polyester and polycarbonates contain oxygen. Vulcanized rubber and Thiokol sulphus contain.there are also some polymers that, instead of having a carbon backbone, have a silicon-oxygen backbone. These are considered inorganic polymers. One of the most famous silicon-based polymers is Silly Putty.

MOLECULAR ARRANGEMENTS OF POLYMERS

Think of how spaghetti noodles look a plate. This is similar to how polymers can be arranged if they are amorphous. An amorphous arrangement of molecules has no long-range order or form in which the polymer chains arrange themselves. Amorphous polymers are generally transparent. This is an important characteristic of

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17 many applications such as food wrap, plexiglas, headlights and contact lenses. Controlling and quenching the polymerization process can result in amorphous organization. Obviously, now all polymers are transparent. The polymer chains in object that are translucent and opaque are in more crystalline arrangement. By definition a crystalline arrangement has atoms, ions, or in this case, molecules in a distinct pattern. You generally think of crystalline structures in salt and gemstones, but not in plastics. Just as quenching can produce amorphous arrangements, processing can control the degree of crystallinity. The higher the degree of crystallinity, the less light can pass through the polymer. Therefore, the degree of translucence of opaqueness of the polymer is directly affected by its crystallinity. Engineers arealways producing better materials by manipulating the molecular structure that affects the final polymer produced. Manufacturers and processors introduce various fillers, reinforcements, and additives into the base polymers to expand product possibilities.

CHARACTERISTICS OF POLYMERS
Polymers are divided into two distinct groups:

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18 Thermoplastics and thermosets. The majority of polymers are thermoplastic,meaning that once the polymer is formed it can be heated and reformed over and over again. This property allows for easy processing and recycling. The other group, the thermosets, can not be remelted. Once these polymers are formed, reheating will cause the material to scorch. Every polymer has very distinct characterisitics, but most polymers have the following general attributes. 1. Polymers can be very resistant to chemicals. Consider all the cleaning fluids in your home that are packaged in plastic. Reading the warning labels that describe what happens when the chemical comes in contact with skin or eyes or is ingested will emphasize the chemical resistance of these materials. 2. Polymers can be both thermal and electrical insulators. A walk through your house will reinforce this concept, as you consider all the appliances,cords,electrical outlets, and wiring, that are made or covered with polymeric materials. Thermal resistance is evident in the kithen with pot and pan handles made of polymers, the coffee pot handle , the foam core of refrigerators and freezers, insulated cups, coolers , and microwave cookware. The thermal underwear that many skiers wear is made of polypropylene and the fiberfill in winter jackets is acrylic. 3. Generally, polymers are very light in mass with varying degrees of strength. Consider the range of applications, form dime store toys to the frame structure of space stations, or form delicate nylon fiber in pantyhose to Kevlar, which used in bulletproof vests. 4. Polymers can be processed in various ways to produce thin fibers of very parts. Plastics can be molded into bottles ot the body of a car or be mixed with solvents to become an adhesive or a paint. Elastomers and some plastics stretch and are very flexible. Other polymers can be foamed like polystyrene and urethane, to name just two examples. Polymers are materials with a properties that can be further enhanced by a wide range of additives to broaden their uses and applications. In addressing all the superior attributes of polymers, it is equally important to discuss some of the difficulties associated with the material. Plastics deteriorate but never decompose completely, but neither does galss,paper,or aluminium. Plastics make up 9.9 percent of our trash by weight compared to paper, which constitutes 39 percent. Glass and metals make up 13 percent by weight. In 1997 , Americans produced 217million tons of trash. Applications for recycled plastics are growing every day. Plastics can be blended with virgin plastic to reduce cost without sacrificing properties. Recycled plastics are used to make polymeric timbers for use in picnic tables, fences, and outdoor toys , thus saving natural lumber. Plastic from 2-liter bottles is even being spun into fiber for the production of carpet. A solution for plastics that are not recycled, especially those that are soiled, such as used microwave food wrap or diapers, can be a waste-to-energy system.

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19 Incineration of polymers produces heat energy. The heat energy produced by the burning plastics not only can be converted to electrical energy but helps burn the wet trash that is present. Paper also produced heat when burned, but not as much as plastics. On the other hand, glass, aluminium a other metals do not release any energy hen burned. Polymers affect every day of our life. These materials have so many varied characteristics and applications that their usefulness can only be measured by our imagination. Polymers are the materials of past, present , and future generations.

INDUSTRY LEADERS

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Members of the Editorial Advisory Board. A.E.LADHABHOY PLASTICS TECHNOLOGIST

DR.SUSHIL K VERMA EX. DIRECTOR GENERAL,CIPET, DR.SWAPAN K DHARMA, REGINAL TECHNICAL HEAD,BASELL POLYMERS INDIA LTD MOHAN K JAIN, MANAGING DIRECTOR ,INDOPLAST. PP KHARAS CHIRMAN ECOPLAST LTD, RAMAN M PATEL CHAIRMAN INDUSTRIAL PRODUCTS MFG.CO VIJAY MERCHANT PRESIDENT ,POLYCRAFT

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THE MARKET PLACE:

The plastics & polymers industry in India has been growing at a healthy rate of 14-15% per annum. Despite this significant growth in demand of petrochemical, the per capita consumption in India is still far below the world average. This means there are immense opportunities for growth and investment (including FDI) IN THE COMING YEARS. According to the Indian plastics federation. By 2010 indian demands for polymers will increase to 12.5 million tones/ year making the country the third largest global consumer after the US and CHINA. Moreover ,to fill the needs for higher levels of processing machinery, the plastic sector will require large number of injection/ blow molding and extraction machines.

THE READERS:
Modern Plastic & polymers by published by infomedia 18 ltd ,Indias leading media house and successful publisher of Yellow Pages and other special Interest Business to Business (B2B) Publications in collaboration with the Ringier Group. With a focused readership base over 80000 this premium monthly magazine in regularly referred by key decision makers among Indian plastics processors, mould makers and end-user industries. The magazine reaches senior managers in production & plane operation, purchase managers and engineers at plastics processing & mould making companies, plus design engineers at OEMs who use plastics components among others. In fact, through our business partner Ringier Group and focused distribution at strategic locations around the world our advertisers get to promote their products & services in many countries outside India at no extra cost.

THE EDITORIAL MISSION:

Well-supported by a vast readership base and a strong network of 22 branch ofcies spread all over India,Modern Plastics & Polymers offers a broader platform for the industry. Moreover, it strives to facilitate effective interaction among several producer and user fatrnities of the plastics & polymers industry by enabling them in reaching out to their prospective buyers & sellers through better trade contacts and more business opportunities.

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THE EDITORIAL CONTENT:

Modem Plastics & polymers provides a refreshing insight into the world of plastics machinery & materials by virtue of in-depth editorial content. It include the latest market trends & emerging technologies, highly useful exclusive features on process improvement and applications, business strategies, success stories, views & vision of industry leaders and one of the largest collections of plastics machinery and materials. Of course there are current national & international news, upcoming events, projects, tenders and much more that help the readers manage their business more effectively.

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MARKET SHARE:
JOHANNESBURG, August , 12/ PRNewswire-First Call/--As previously disclosed by Sosal Limited(NYSE:SSL:JSE:SOL) as part of its ongoing disclosures, the south African Competition commission has been investigating the South African Polymers Industry. The competition Commission announced today that its has referred its findings to the competition Tribunal for adjunction. In its announcement the competition commission stated that it has referred complaints of collusion and excessive pricing in the polymers market against Sasol chemical Industries Limited and Safripol Limited to the competition Tribunal for adjunction. It also announced that it has simultaneously reached a settlement with Safripol in which Safripol admits that the supply agreement between SCI and satipol and its implementation amounted to price fixing in contravention of the competition Act. The competition commission has indicated that its seeking an administrative penalty of 10% of SCIs annual turnover of these alleged contraventions. The competitions commissions allegation of collusion relates to an agreement of the Sasol Polymers division of SCI with safripol,which was structured at the behest of the former competition board following the formation of Polifin in 1994. The agreement was structured to ensure safripolss ongoing access to propylene supply at a market-related price. South African propylene and polypropylene prices are comparable to international prices and hence sasol believes that there is no legitimate basis for the competition commissions announcement. Given SCIs interactions with the competition commission and knowledge of this matter, SCI does not believe that its breached any competition laws, Accordingly at this time, there is no reasonable certainity as to whether or not SCI will be found to have contravened competition laws as alleged, whether a penalty will be imposed and the quantum there of.SCI intends defending the matter before the competition Tribunal should be amicable resolution of the matter not be acheived.

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MARKET PERFORMANCE:
High performance polymers: market report: in a newly published study on high-performance polymers, analyst firm Frost & Sullivan makes an upbeat assessment of the market , forecasting high growth rates in the medium to long term. High performance polymers occupy the top position in the performance pyramid; they are characterized by their superlative mechanical, chemical , and thermal properties. These also have been among the fastest- growing product groups for many years, giving way to new applications driven by innovation and product development. Market interest is particularly high in these materials because they suppliers high margins at a tie when the rest of the industry is facing rising raw-material costs and dwindling profits.

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MARKET DESCRIPTION:
Many niche polymers constitute the high performance market. Some of them are well known, having been use for decades. These includes product groups such as fluro polymers and high performance polyamides. There also are many emerging materials that have grown in importance over the past decades:example include polyphenylene sulphide and polyketones. The list of high performance polymers analysed in the Frost & Sullivan study includes fluro polymers , high- performance polyamides,liquid crystal polystes, polyphenylene sulphides, polyketones, and polysulphones. The high performance market is characterized by material volumes considerably lower than commodity and even many engineering polmers. However, higher pricing means that the market is still substantial in terms of revenue. In Europe the high performance- polymers market was worth 1.6 million in 2007 and will grow at a rate of 7.0% through 2014. Polymers at the top end of the performance scale, such as PEEK will show growth rates that are much higher than this average, while the comparatively higher- volume fluoropolymers will grow at a lower annual rate. Important factors driving demand for high performance polymers include product development and innovation, increasing performance requirements, new applications and the effect of regulatory controls. Product development- we are seeing new grades and even new chemistry being introduced. This will help expand the presence of high-performance materials across various end users markets; a recent example is DSMs introduction of PA4T, which will add to the companys PA4T high-performance polyamide product line. Increasing performance requirements placed on materials in key applications, such as automotive and electronics, demand the use of high-performance plastics, while expansion into new application will create incrementally growing demand for these materials. A good example of this is PEEK, which is now being offered for varied applications, including coating for cookware and medical products. Regulations such as RoHS, WEEE, and the impetus is areas such as emission control act in favour of high-performance plastics, as they can provide fire resistance without the addition of harmful chemicals such as halogenated flame retardants.

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26 However, high-performance polymers also present unique challenges to overcome if the real benefits from these market drivers are to realized. Important issues include timing capacity additions, managing geographical presence, and competitive structure. Each is discussed below.

TIMING CAPACITY ADDITIONS

Often in ht high-performance-plastics industry, the market has been limited by a lack of production capacity. In the past, significant jumps in demand have immediately followed extra capacity. This not only represents demand for the product, but also shows that companies have been very successful in offloading additional material. Suppliers have adopted a cautious and safety-first approach toward capacity increases, and its common to see them increase production every other year, mostly in small increments. This can result in potential end-user resorting to competing product types because of a lack of availability. As an example, chart2 shows the various capacity additions made by Victrex to its global PEEK production over the past 20 years. For product types where there is no completion, suppliers are free to time their capacity additions. These companies certainly do not want to see prices going down because of excess capacity. However , the situation changes as more players enter the market, and this is being seen among producers of materials such as PSPs, and during the medium to long term will also be the case for PEEK. Building capacities in the market for high-performance polymers requires considerable investment, as the production processes are generally much more complicated than for engineering plastics. This explains the reluctance of companies to invest in capital expansion. But they should be concerned about losing potential opportunities because of expenditure can make or break companies and even product types in the high-performance-plastics market.

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MANY GEOGRAPHICAL PRESENCE:

Many high performance polymer are not produced in Europe. For example, there are no European LCP production units, much of the material is imported form either the U.S or japan. In such cases, there is a definite competitive advantage for any supplier electing to set up a production facility in Europe. However, suppliers have shied away from this worrying about dwindling Europe demand for plastic that is highly dependent on the electronic industry for its growth. In this case, the key to competitiveness becomes efficiently managing distribution t allow for the absence of local production. Therefore, companies will have to develop very strong sale networks in countries where they do not have a physical presence.

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ESTIMATION OF THE EARNINGS:

The concept of talent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of potential industry earning (P.I.E) or total revenues if a market becomes accessible and attractive to serve by competing firms. It is a measure, therefore of potential industry earnings. It is typically expressed as the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level . The demand for polypropylene multi-web laminated rolls and sheets for flexible packaging uses is not actual or historic sales, Nor is latent demand can be lower or higher than actual sales if a market is inefficient. Inefficiencies arise form a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market. For reasons discussed later, this report does not consider the notion of unit quantities only total latent revenues a calculations of price times quantity is never made, though one is implied. The unit used in this report are U.S dollars not adjusted for inflation . If inflation rates or exchange rates vary in a substantial way compared to recent experience, actually sales can also exceed latent sdemand. On the other hand, latent demand can be typically higher than actual sales as there are often distribution inefficiencies that reduce actual sales below the level of the latent demand.

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SCOPE OF THE INDUSTRY

Compared to other engineering disciplines,polymer engineering has limited higher study options at the postgraduate level.usually, graduates in this branch with a valid GATE score can opt for postgraduate programmes in polymer engineering , polymer science, chemical technology or polymer technology. Polymer engineering uses the theory and knowledge of chemistry to handle production and uise of polymers. In India, the demand for polymer engineers is on the rise. Those who have obtained B.E. or B.Tech.degree in polymer engineering polymer science and rubber technology with high marks can opt for M.E or M.Tech in the polymer engineering.the selection is based on the marks scored in GATE.

Study facilities
The Department of polymer science and Rubber tehnology,m Thrikakara, Kochi-682022, functioning under the cochin university of science and Technology, is one of the pioneers in the area of higher education and research in polymer technology. The department functions in collaboration with the rubber research institute if India, Kottayam. It offers M.Tech in polymer technology. Entry qualification for this programme is a B.E/B.Tech degree in polymer science and rubber technology , chemical engineering technology , M.Sc. polymer chemeistry , M.Sc chemistry with polymer chemistry as a specialization with at least 60 percent and a valid GATE score. Those who do not possess a valid GATE score can also apply. But their applications will be considered only if applications with the GATE score are not available. In such cases, admission will be based on the departmental admission test. Details about admission can be had from the website www.cusat.nic.in students who complete this four semester course degree course undergo campus selection for jobs

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30 in major companies, polymer manufacturing and processing industries and research institutions.

RESEARCH FACILITIES
The department also provides research facilities leading to adoctrate degree. Some other institutes and colleges that offer M.Tech / M.E courses in polymer science and technology are: Indian Institute of Technology(IIT) , Kharagpur. Offers M.Tech degree in rubber technology. IIT delhi offers M.Tech in polymer science and technology. Birla Institute of Technology, Mesra , Ranchi , offers M.Tech in polymer science and technology. Sant Longwal Institute of Engineering and technology , Longwal, Sangrur, offers M.Tech in polymer Engineering. The Department of Applied Chemistry, Delhi college of engineering, Delhi, offers M.E degree in polymer Technology. National Institute of Technology, Calicut, offers M.Sc. degree in polymer science and technology, website www.nitc.ac.in Alagappa college of Technology, Guindy , Chennai , offers M.Tech. degree in polymer science. The central Institute of Plastic Engineering and Technology under the Government of India offers M.Tech degree in plastic Engineering or technology and M.Tech degree in polymer nano technology. B.E. /B.Tech. degree holders in polymer engineering with valid GATE score are also eligible for admission. Website: www.cipet.gov.in

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31 The above mentioned list is only indicative. Information of more institutes or colleges that offer this course can be collected from the engineering handbook published by the Association of Indian Universities, New Delhi.

JOB PROSPECTS
The plastic and polymer industry has emerged as a major growth sector. Those who obtain higher qualifications in polymer engineering and technology can find jobs with polymer manufacturing industries as production engineers or technologists, quality control inspectors, polymer specliats , marketing executives and so on. In the public sector , polymer engineers /technologist and scientists may be find job opportunities in the petroleum and natural gas sector such as in the Oil and Natural Gas Corporation(ONGC) , petrochemicals , and engineering plants.

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CHAPTER-3 COMPANY PROFILE

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CEEDEES GROUP
We are a member of the Ceedee's Group of Companies, established in 1995. We are an ISO 9001:2000 Certified supplier of Polypropylene Seamless Woven Bags and Fabrics, with necessary additional provisions to suit the individual user requirements. Our manufacturing facilities sport the top-of-the-line production and testing equipments, for consistency in Quality and Quantity. We cater to the National and International Markets, since our inception.

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ABOUT THE INDUSTRY

You are most welcomed to the exuberant world of Venbro Polymers. We are reckoned among the pioneered polypropylene yarn manufacturers located in India. We are also counted among the prominent PP woven Fabric exporters in the market. We are noted for our flagship wholesale PP Bags, which are highly valued by our customers. Our Company manufactures genuine quality PP Woven Sacks, which has brought us eminence in the industry. Incepted in the year 1995, Venbro Polymers has added several feathers on its hat by repeatedly offering exceptional quality polypropylene bags and fabrics. We are a reputed member of Ceedees group of companies. Venbro polymers is an ISO 9001:2000 Certified supplier of polypropylene seamless woven bags and fabrics in India. We have a rock-steady infrastructural base comprising of hi-tech machines in its kit. We have extremely accomplished workers, who are committed in providing authentic products to our honored clients. We are committed to produce and supply products as per customers' requirements. We commit only what we can perform and we perform what we commit. Since our inception, we have been regularly catering to the demands of domestic and international markets keeping par with the international quality

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35 standards. We guarantee our clients a safe and opportune delivery of products. Last but not the least; we ensure delight to our prestigious clients by offering superlative products at pocket friendly prices.

Year Of Establishment:1995 Primary Business Type: Manufacturer, Exporter & Wholesale Supplier

VISION
To be the industry leader of High tech reprocessed engineering plastic in ASEAN by continuously delivering superior value to customers, anticipating their expectations, through our advanced technology.

MISSION
On the threshold of the 21st century, plastic resin industry is facing increasingly borderless competitive, global operating environment while the petrochemical cost are increasing the end product are facing reduction of price. The increasing readiness of the industry to find alternative raw- material sources, as well as the tightening of regulations around the processing of plastics and waste management offers broad field applications for high- tech reprocessed materials of high quality. Seeing this as a trend for the entire Industry early on, our founders, DR Ng has set the goal of producing high-tech reprocessed which are hardly distinguishable from the virgin materials. In 2003 , it was this unique approach that led to the establishment of Metro Wealth Polymer which began developing custom formulations of high-tech reprocessed material to replace the virgin material, offering the plastic industry an

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36 attractive alternative to high- cost of virgin resin without deterioration of product quality. Mission is to satisfy the needs of our customers and facilitate improvement in their profitability by offering a comprehensive range of engineering thermoplastic compound with a unique balance of quality , value and service while believing it was possible to help the plastic industry become environmentally responsible.

SPECIAL FEATURES
Printing: We use only indelible inks, with Electric Discharge Treatment for truly indelible printing. Flexographic Printing in upto 8-Colours on both sides Rotogravure Printing upto 8-colours, on both sides

Micro Perforation: Laminated Fabrics/bags/sacks with micro-perforation for filling using pneumatic means, to help release of air without leak of products in powder form.

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ORGANISATIONAL HIERARCHY

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ORGANIZATION CHART

MD

GM

HR

MGR PROD

AM - STORES

MGR SCM

TP

PRINT

LS

CUTTING

LP

STITCH

CAFE

BALE

INCHARGE PROD

LINER / VALVEEO

INCHARGE LP

SUP1

SUP 2

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DEPARTMENTS

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DEPARTMENTS: 1) 2) 3) 4) PRODUCTION DEPARTMENT FINANCE DEPARTMENT HUMAN RESOURCE DEPARTMENT MARKETING DEPARTMENT

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PRODUCTS
We are positioned amongst the eminent manufacturers and exporters of polypropylene products in India. Our experienced workers manufacture authentic products from optimum quality raw material. We use highly reliable sewing machines for safety and long lasting stitches. In addition to this, we use indelible ink for achieving better printing quality. Our fabrics are laminated, which averts the leakage of products.

We use up-to-the-minute technique in our entire production. Our products guarantee for a great deal in the terms of reliability and durability. We are also one of the leading extrusion lamination service providers in the country. Utmost dedication of our workers has left all our competitors far behind. Some of our highly acclaimed products are as follows:-

Polypropylene Twisted Yarn Polypropylene Woven Bags Polypropylene Woven Fabrics

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PRODUCTS
o Venbro is one of the leading plastic bags, woven sacks, FIBC bags and flexible packaging manufacturer in Southern India. o Our corporate philosophy of right moves at the right time has been the guiding force throughout the decades. A planned strategy that has fuled a sustained 40% compounded annual growth rate. Our current annual turnover is One Billion Indians Rupees. Our interests span across edible oils, primary ferrous foundry, flexible packaging based on petro-products, leather processing, automobiles & agro-tech and traditional farming.

FLEXIBLE PACKAGING DIVISION

Our group works to the same standards set by our founder late. Mr. C. Doraisamy and the current chairman Mr. C. Krishnan, who have worked with zeal and high standard of professional integrity that till date the group has been able to bank upon the goodwill and standing created by them. The state of the art manufacturing plant, Venbro Polymers, with an investment of Rs.50 million and an installed capacity of 18,000,000 Bags/year is currently exporting most of its produce. We manufacture a wide range of products including circular woven sacks, jumbobags, tarpaulins etc. We cater to markets in Sri Lanka, Belgium, Dubai, France, Denmark & Holland. Repeat orders and buoyant customer confidence have registered an impressive turnover of Rs.7 million in the first five months of operations in a highly quality conscious market.

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44 This division will be entering the non-woven and geo-fabrics sector in the immediate future.

SOCIAL COMMITMENTS
Social commitment runs close to our group's heart and we are actively involved in promoting scientific education with the establishment of technical institutions such as Kongu Engineering College, Kongu Polytechnic and Kongu Arts & Science College.

Polypropylene Woven Bags We are proud to say that we are reconed among the prominent Polypropylene Woven Sacks Manufactures based in India. We own a renowned place among the top PP woven bags suppliers in the market, we offer aried types of polypropylene woven bags like laminated bags, un-laminated bags, polyethylene liner bags etc. Our bags are manufactured from the best raw material, thus ensuring the storage life. We also offer printed polypropylene sacks of various sizes, satisfying different needs of people. Polypropylene Woven Fabrics We are counted among the established Polypropylene Fabrics Manufacturers and suppliers situated in India. We offer various types of polypropylene woven fabrics like laminated polypropylene woven fabrics, un-laminated PP woven fabrics etc. We manufacture PP woven fabrics keeping par with the international quality and safety standards. We use automatic cutting and stitching equipments, which makes our products superior in finish and durability.

Polypropylene Twisted Yarn We are proud to own a prestigious stand amongst foremost PP Yarn Manufacturers and exporters located in India. We offer polypropylene yarn with

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45 variable twists, which is manufactured from superlative fiber. We offer our esteemed client with polypropylene twisted yarn, which is extremely strong and anti-aging. Our polypropylene twisted yarn comes in various colors and designs, thus satisfying different needs of the people. Our polypropylene twisted yarn is used for sewing clothes, bundling, packing etc.

VENBRO POLYMERS
Polypropylene Twisted Yarn:
We are proud to own a prestigious stand amongst foremost PP Yarn Manufacturers and exporters located in India. We offer polypropylene yarn with variable twists, which is manufactured from superlative fiber. We offer our esteemed client with polypropylene twisted yarn, which is extremely strong and anti-aging...

Polypropylene Woven Bags

We are proud to say that we are reckoned among the prominent Polypropylene Woven Sacks Manufacturers based in India. We own a renowned place among the top PP woven bags suppliers in the market. We offer varied types of polypropylene woven bags like laminated bags, un-laminated bags, polyethylene liner...

Polypropylene Woven Fabrics

We are counted among the established Polypropylene Fabrics Manufacturers and suppliers situated in India. We offer various types of polypropylene woven fabrics like laminated polypropylene woven fabrics, un-laminated PP woven fabrics etc. We manufacture PP woven fabrics keeping par with the international...

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46

PRODUCTS
1. Laminated Regular Feeds Fertilizer Sabudhana Cement Reverse, Rotograveour Printing Feeds Rice Grains Fertilizer 2. Unlaminated, Valve Provision Cement

SERVICES
Extrusion lamination: Lamination of LDPE or PP on Woven and non-Woven fabrics , paper , cardboard , etc.,

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Contact Us

304,BhavaniMainRoad, Erode-638004. India Phone Fax Mobile E-Mail : +91-424-2218000 :+91-424-2218005 :+91 9443321805 : venbro@ceedees.com

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CHAPTER 4 LEARNING AND FINDING FROM THE COMPANY

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PRODUCTION DEPARTMENT

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PRODUCTION DEPARTMENTS:
The venbro polymers company purchased two different types of raw materials.

1) REPOL A RELIANCE POLYMERS PRODUCTS POLYPROPYLENE HOME POLYMERS 2) PLASMIX PLASTIC FILLERS & MASTER BATCHES Manufactured by: Relience industries limited Village Meghpor/padana, Taluka-Lalpur.

RAW MATERIAL STOCK /MB STOCK

17/07/2010 Pp LAMPP LAMPP LLDPE HMHDPE : 5050 : 16,800 : 2025 : NIL : 1000

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MP STOCK
MB MP GY MP LY MPPG LAMFW:900 LAM BROWN:128 LAM WHITE:75 MB UV:NIL MB.D.BLUE:10.0 SKY BLUE:54.00 DARK BEISE:110.5 : 3739 :133 :0 ;96000

MATERIAL WHERE TO PURCHASE: Reliance industry ltds , patna PRODUCTION MANAGER : SUPERVISOR: LOOM SECTION:
The production to paper rolling. L.NO : 16 SIZE : 53 T MESH : 9*9 DENIER:960 COIOUR:M.W Manufacturing to Rolling Bags

Mr.SUBARAMANI,

Mr.P.NATRAJ and Mr.N.SELVAKUMAR

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CUTTING SECTION:

INCHARGE: Mr. P.K.RAJENTHIRAN

PRINTING SECTION:

INCHARGE: Mr.K.S. RAVIKUMAR

TAILORING&LAMINATION:

INCHARGE: Mr. K.SELLADURAI

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PRODUCTION DEPARTMENT

MD

PRODUCTION MANAGER

MAINTENANCE WORK

LOOMSECTION

CUTTING SECTION

PRINTING & TAILORING SECTION

LAMINATION SECTION

SUPERCISER

SUPERCISER

SUPERCISER

SUPERCISER

SUPERCISER

WORKERS

WORKERS

WORKERS

WORKERS

WORKERS

EMPLOYEES

EMPLOYEES

EMPLOYEES

EMPLOYEES

EMPLOYEES

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FINANCE DEPARTMENT

FINANCE DEPARTMENT:
ADMINISTRATIVE OFFICER VISVANATHAN.P

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FINANCE MANAGER CENTRAL EXCISE DUTY ACCOUNTANT ACCOUNTANT ASSISTANT ACCOUNTANT

JAYADEVAN.C RAMESH.V JAYAPRAKASH.K PRAKASH.P

GENERAL INFORMATION:

BANK

: KVB BANK, ICICI BANK : 1.5 Crows : 1.2 Crows & 30,00,000

TURN OVER LOCAL SALES

STEP-1
1) The record are kept by double entry accounting system. 2)The total number of employees working in venbro polymers company at present are as roll in 385 with out office. 3)Include the office members means the working employees totally 450 members, the important only working 40% of womens workers are working that company.

SALARY:
The salary proceduce is divided into 2 parts.

STEP-2
The individual employee should come and sign in a register. If he or she is present every day they should sign is the register. If they are absent there they one not

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56 allowed to sign in the register.Based on the register record their payment is made. Of our venbro polymers company.

STEP-3
There is another method of making the salary for the some employee. In this care no register took is maintained. A superviser is allocated for a section of employees. The is the are who would look after sand record and watch the present employee as well as absent employees.

FINANCE DEPARTMENT

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MD

A.O

FINANCE MANAGER

C.EX.ACCOUNTAN T

ACCOUNTANT

ASS.ACCOUNTAN T

F.CLERK

CASIEAR

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HUMAN RESOURCES DEPARTMENT

HUMAN RESOURCES DEPARTMENT

H R D headed by a personal officer with some labour welfare officers. This department particularly workers, under the company manager of the venbro polymers company.

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59 In venbro polymers company H R D is working mostly regarding industrial relation between management and workers. The welfare officers are mostly looked after sanitation , sickness and allotment of quarters and distribution and maintenance also. There is a distibutary which is running under H R D. The distribute between management and workers if raised an any issue whether by an individual worker or through unions, this situation is solved by consultation and reganisations. The venbro polymers has certified in ISO 9000-9002 certified the wonder ful company. The procedure of enquiry, punishment or release from allegation,all are as per clause of the standing order. The workers who works actively in any stream of work gets change hand allowance at RS10/-per day. The venbro polymers has a limited scope for promotion. The educated works are given monitory benefit and organized the job of clerk in the company. The HRD is also functioning as the pay master. The attendance clerk posted in the company floor takes attendance of the workers at the beginning of the work and at the and of work ,after12hours The attendance generally certified by superviser and company manage the salary bill are prepaid an the basis of above mentioned attendance report. The workers who absanted him self from work of more than 30 days without information or permission are issued show cause notice, for such long absence. And there after takes legal action as per the provision of standing order a unforced in venbro polymers company, 302,Bhavani main road, erode.1995 As for instance two long absentee workers were issued show cause notice to such long absolute ,as so purpose received from those workers to show there the principles of materials justice. They thing were informed through local news paper to appear is a enquiring which has constituted by the management.

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HR DEPARTMENT

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MD

HR MANAGER

ASSISTANT MANAGER

MANAGEMENT & SCM OF TRANIEE

CUTTING & ORDER

RECRUITMENT & LOOM

PRINTING SECTION & MAINTAINCE

SELECTION

SUPERCISER

SUPERCISER

SUPERCISER

SUPERCISER

SUPERCISER

WORKERS

WORKERS

WORKERS

WORKERS

WORKERS

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MARKETING DEPARTMENT

MARKETING DEPARTMENT
Main production venbro polymers, urea bags, cement bags, and food bags and also lamination, and printing.

SUPPLY RAW MATERIALS.

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63 VENBRO POLYMERS

1) 15% of the rawmaterials venbro polymers is supplied locally.

2) Remaining raw materials venbro polymers is supplied by state of Gujrat. 3) Remaining some raw materials venbro is supplied by the patna which is a neighbouring border forign country of india which very close to the state of india.

FINISHED PRODUCT:
Venbro polymers sells 90% of its products through bages.

Bags is an organization which organization which get the price of the venbro polymers finished products inclusive of production cost, manufacturing cost, supply of raw material cost and also transportation cost.

Remaining 10% of the product that is finished goods are purchased by the PPT rolling bags purchased by THOMAS POLYMERS COMPANY,KODAIKKANAL.

CAPACITY
1) Per day production capacity of venbro polymers company in 50,000 meters PPTrolling. 2) Because of problem at present they are running short. 3) Now they are providing only 45,000 meters perday.

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MARKETING DEPARTMENT

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MD

GENERAL MANAGER (MARKETING)

MANAGER

SUPPLY CHAIN MANAGEMENT

MAINTANCE

CONTROLLER

SUPERVISER

INCHARGE

SUPERVISER

WORKERS

WORKERS

WORKERS

WORKERS

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CHAPTER-5

THEORITICAL CONCEPTS AND REAL PRACTICES

The important scope of industrial training is to facilitate employment opportunities for the trained persons. When the students are trained it will be easy for them to grasp the activities of a company and work with grater intelligence.

They are storing all business information in computer but they have not made LAN connection. Due to this some data cannot be retrieve

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From one system to another system. If they make LAN connection definitely if will be useful for them.

They are not giving the purified water to the workers because of this worker and staff members may get affect by disease. If they give purified water it protects the health of employees. In dying department they are using large machines and its model are very old. If they use advanced machines then the consumption of time will be reduce.

FINDINGS
The company has a well financial position and effective and skilled human resource. All the department of the company is forming very well , and there is no problem with the other departments. The employees of the company are mostly experienced people who are very well aware and accustomed with the policies and working of the company. The company always market better quality products to the general public.

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SUGGESTIONS
There should be a separate thing in the organization to handle the ideas, suggestions and complaints of the employees. A canteen facility must be provided with the considerable rate of refreshment items in the organization.

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CHAPTER 6

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CONCLUSION

CONCLUSION

After industrial revolution the importance of industries were considerably increased. The industrial training had become very necessary after the people had realized its importance without an industry; it is not easy to work in a company.

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71 Venbro polymers processing industries are going slowly in current situation. The company has good and well- supervised labour and administrators. It is no doubt at in future the company will become flourished and grow up a big concern. On completing our institutional training we could easily understand the activities that taken place in Polymers. These days of training helped me to attain more practical knowledge. I thank all the staff members of the company and staff members of MBA department who helped me in submitting this institutional training report successfully. This is also helps them to know about the way in which a company is maintaining its account. We have no doubt that have enriched our practical knowledge of the actual factory working system and it tension. We also understood the importance of human relations in a processing sector.

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CHAPTER-7

BIBLIOGRAPHY
www.ceedes.com www.venbropolymers.com

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73 www.plastemart.com www.exportersindia.com www.plasticsinformart.com www.metrowealthpolymer.com

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