Oldokem
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 Oldokem' paint and dyes manufacturing plant in the Sevromark | |
Native name | Oldhato Kemizverek Gyárt |
|---|---|
| public | |
| Founded | September 4, 1919 |
| Headquarters | Drevstran |
Area served | Worldwide |
| Products | Organic chemicals Agrochemicals IT-related chemicals Pharmaceuticals |
| Services | Fuel stations Fleet management |
| Revenue |  2.72 billion solidus |
 14 million solidus | |
Number of employees | 19,000 (As of March 2019) |
Oldokem Gyárt (full name: Oldhato Kemizverek Gyárt, Solluble Chemicals Manufactures) more commonly known as simply Oldokem is a Drevstranese multinational chemical company headquartered in Angrast, Drevstran. Oldokem is commonly battling the Ferrett Group for the title of most profitable Drevstranese company.
As of 2019, the largest shareholder was Oldo-Lugos Holding, with a 45% ownership of the company. The Drevstranese State meanwhile represent only 1.9% of the total shares. Meanwhile Ferrett Familial Holding, representing the interests of the rival Ferett Family, have acquired 5% of the company. Other important shareholders are Latins holdings such as UL Argentaria, and Rezeses Corporations investors. The remaining shares are free floated.
Oldokem is listed on the Angrast Stock Exchange and Adrianople Central Stock Exchange. It is a component of the 40Rez Stock market index.
History
With the end of the Drevstranese Civil War, chemist Simon Oldovar was de-mobilized from the Orbraggists forces, and returned to his homeland in the Furodommark. There, he repurposed some of the installations established to keep-up with the military demands of Orbraggar and his men into a fertilizer plant. Edrihme Fertilizer Manufacture was thus the original name of what would become Oldokem.
By 1930, Oldovar had expanded his operations and renamed his company "Edrihme Chemicals" in 1928 to reflect its broader production. The following year, he bought back the Pyroveny Dyestuff Manufacturing Company and began a fine chemical business in Barbellon. After all of these acquisitions, the company brand would once again be changed, with the modern name of Oldhato Kemizverek Gyárt, "Solluble Chemicals Manufactures", finally appearing in official documents.
In 1941, the company opened a new plant in Pristlav while also making the acquisition of Pristlav Plastics. After 1944, Arsuf Oldovar, son of Simon Oldovar, even moved the company' Headquarter to Pristlav to be closer to the country' exchange centers. Arsuf would become semi-famous as a member of the so-called Clique of Pristlav, and as one of the men behind Marveil Urshlo rise to power.
In 1973, the Oldovar Research Center is established to reinforce research and development activities on pharmaceuticals and agricultural chemicals. The same year, Oldokem sold all of its Plastic and Petrochemical branch to the Ferrett Group. Two years later, following the changes in Drevstran' financial network, Oldokem once again moved its Headquarter. This time to the capital, Angrast.
Business segments
Oldokem operates in a variety of markets. Its business is organized in the segments of Chemicals, Performance Products, Functional Solutions, and Agricultural Solutions.
Chemicals
Oldokem produces a wide range of chemicals such as solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals, and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile, and automotive industries.
Performance products
Under this category, Oldokem classify a large range of products: performance chemicals, coatings and functional polymers. These include raw materials for detergents, textile and leather chemicals, pigments and raw materials for adhesives, paper chemicals. Customers are the automotive, oil, paper, packaging, textile, sanitary products, detergents, construction materials, coatings, printing, and leather industries.
Functional Solutions
The Functional Solutions segment consists of the Catalysts, Construction Chemicals and Coatings divisions. These divisions develop customer-specific products, in particular for the automotive and construction industries.
Agricultural
Oldokem supplies agricultural products and chemicals including fungicides, herbicides, insecticides and seed treatment products. The company also researches nutrigenomics. In 2016, the company opened a new crop protection technology center in Pyrovegy, Drevstran.