The present promoters of Shreenathji Rasayan Pvt. Ltd. Mr.Ashok Lakhani is very well versed with the existing business of Formaldehyde, as he is into the imports and trading of Methanol, Phenol, acetone and other petrochemical items since last one decade under the name and style of M/s Jay Overseas Private Limited. Methanol is the quintessential and chief raw material required for the manufacture of Formaldehyde and other being the process water (RO water). Apart from everything else, the profitability of the unit is greatly enhanced with the sourcing of raw material at the most competitive price. Also the major application and end use of Formaldehyde is into lamination and plywood industry, which also requires methanol, phenol etc. as the other raw materials. Thus, the promoters are already conversant with the user industry and their markets, as the same set of Customers are having long term relations with the promoters.He has envisioned a bright future for Formaldehyde and its down-stream products and thus to capitalize the opportunity over a reasonable period of time. The freshness in approach and the use of adaptability to the new technologies is clearly visible by importing the Plants from China with the latest and state-of-the-art plant and will give a Modern Vision to the Jay Group of Industry.