Speciality chemicals: Revenues were flat at INR 551cr on account of pass through of lower benzene prices ,however volumes increased 8% YoY. The segment EBIT was at INR 133cr (+12.4% YoY) as value added share of components increased. The nitric acid supply constraints which continued till early June impacting revenues in the nitrochloro benzene (NCB) value chain, have since been normalized .NCB volumes were at 13,900MT vs 15,300MT for Q1 FY16. Management expects to clock 50,000 tonnes for NCB in the balance year (13% YoY growth). Average benzene price was INR 44/kg in Q1FY17 v/s Rs 53/kg in Q1 FY16 and current prices is ~INR 44-45/kg .The calcium chloride facility at Jhagadia (Gujarat) has been commercialized. The Ethylation unit at Dahej and the PDA facility at Jhagadia is...