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1.1 INTRODUCTION
Rubber products are having great influence in our
day to day life, as we know the use of the rubber products, surgical air bags and
gloves, mats, many other small products. An organization sustains with the
corporation and coordination of the employees to achieve the organizational
goals.
Practice is the best way by which one can achieve perfection. Practice makes one
feel and understand the same idea or thing again and again. The more one
practices, the more errorless one becomes. One doesn't repeat the errors that were
done previously.
As master of business administration we have to be aware of not only the
theoretical aspect of the business but also practicability in the same. The business
is undergoing cut throat competition and only the fittest can survive. Their for the
management students must be competitive to update their knowledge in order to
win stand in the competition
MG university has a special topic to the syllabus namely ORGANISATION
STUDY to give practical knowledge about an organization and to make the
students very sensitive to the changes to the business world
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1.2 SCOPE OF THE STUDY
The study covers overall functioning of Royal latex. There is
much scope in Royal latex for organization study hence it is one of the leading
firms in the industry with various departments. Entire operation of the
organization is analyzed with the data available. Study is mainly based upon the
nature of work carried out by each department. The organizational structure and
working conditions in Royal latex definitely helped me to understand how a big
organization is functioning.
1.3OBJECTIVE OF STUDY
1. PRIMARY OBJECTIVE
To study in detail the overall functions of Royal latex and make a report of
the same
1. SECONDARY OBJECTIVE
To study the departmental functions, polices, procedures carried out in theorganization
To interact with the managers of different designations and to know theirresponsibilities and routine activities
To observe workers at their working place and to interact with them To observe work culture existing in the organization To know the financial and economic position of the company
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1.4 METHODOLOGY
Source of data The relevant data for the study here is collected from the
following sources:-
Primary Source Secondary Source
Primary data:-
Primary data are collected through discussions and interviews with theofficials of various departments, employees and workers.
Secondary data:-
Annual reports Company websites Company documents and files
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1.5 TOOLS AND TECHNIQES
In this project report study schedule method interviews and observation
were the method used to collect data.
1.6 PERIOD OF STUDY
A significant period is necessary for analytical study for its clarity
standardization of data. A period of 30 days is used to make a glimpse over the
firm to know the core of its functional methods.
1.7 DATA ANALYSIS
SWOT analysis is used to analyze the data of the organization study .
1.8 SIGNIFICANCE OF STUDY
This study is conducted to find out the various departmental functions, day to
day activities, to get aware of welfare activities and to get the all the prevailing
factors in Royal latex.
1.9 LIMITATIONS OF THE STUDY
The reliability of the data used in this study mainly depends
upon the companys recorded information provided by the employees of the
organization. Information about the procedure in the production department is not
familiar to Ordinary people. An in- depth study of all the employees of the
organization cannot be carried out due to shortage of time. The confidentialmatters of the company are not shared with outsiders.
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1.10 CHAPTER SCHEME
The entire study is divided into different chapters. This project mainly
divided into six chapters. Each chapter contains a title and subtitles. The main
chapters are introduction, industrial profile, company profile, organization profile,
department profile and the SWOT analysis
Chapter 1:- The first chapter includes introduction part
Chapter 2:- The second chapter deals with the Industry profile and world,
Indian and State scenarios
Chapter 3:- This chapter is included with the company profile, product
details, production process and organizational structure
Chapter 4:- It is the most important chapter which contains the
departmental details
Chapter 5:- This chapter deals with the swot analysis, observations and
suggestions
Chapter 6:- This is the last chapter which is included with the conclusion
part of the study
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1.11 REASONS FOR SELECTING THE COMPANY
Royal Latex is the third largest supplier of centrifuged latex in India Better structure of the company Impressive communication of the employees Proper guidance and accurate details supplied by the company Increasing profit margin of the company Proper code of conduct and discipline maintained in the company Motivation provide by the HR manager and other employees for
conducting the OS
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2.1 INDUSTRY PROFILE
Since the establishment of the first rubber products
manufacturing unit in 1921, the Indian rubber products manufacturing industry
has undergone remarkable growth and expansion, particularly during the post-
independence era. It has achieved overall development by increasing its size,
spatial distribution, technological sophistication and more prominently the wide
range of products manufactured. Besides its self-sufficiency by catering to the
entire domestic demand, the industry has broken new barriers on the export front
as well. This chapter gives an overview on rubber and rubber products, their
production, classification, distribution and consumption pattern, their imports and
exports.
INDUSTRY STRUCTURE
The rubber product manufacturing industry in India is
basically divided into two major sectors: tyre and non-tyre. The tyre sector
produces all types of automotive and nonautomotive tyres whereas the non-tyre
sector produces high technology and sophisticated products and comprises the
medium scale, small scale and tiny units. Barring industries engaged in raw
rubber production, there are approx. 4800 rubber based product manufacturing
units comprising 30 large scale, 300 medium scale and around 4470 SSI and tiny
sector units, employing four lakh people, including around 22000 technically qua
lified support personnel, with a turnover of 200 billion rupees and contributing 40billion rupees to the National Exchequer through taxes, duties and other levies.
Rubber products industry thus plays a core sector role in the Indian national
economy (AIRIA, 2003)
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INDUSTRY SCENARIO
Indian Rubber industry is well established and self-sufficient
in all respect i.e. Natural Rubber, all Ingredients, Machinery, Technical
manpower etc. Only deficiency is in the area of Synthetic Rubber, majority of
which is imported to meet the requirement. Rubber industry of the country has
developed to a modern state in case of organized sector companies like tyre and
some of the non-tyre units but the conditions with majority of small scale units are
far from satisfactory level. During last three decades industry has been adopting
modern technology and upgrading the machinery and process as well as
employing qualified persons. Some of the educational institution like IIT,
Kharagpur & Delhi, MIT, Chennai, MG University, Kottayam and some of thePolytechnic & Organizations are imparting education in the field of Rubber
Chemistry & Technology, which is useful to the industry.
The history of the Indian Rubber Industry
dates back to 1921 with the setting up of the first rubber goods manufacturing unit
in Kolkata, Dixie Aye Rubber Factory (now Bengal Water Proof Ltd.) for water
proofing of fabrics. The Bengal Water Proof Ltd. is now a leading manufacturer
in the non-tyre sector under the trade name Duck Back. Since then the industry
has completed eight decades of fruitful development and growth particularly in
the post-independence period and at present, it plays a vital core sector role in
national economy. It reflected in the consumption of raw rubber by 28 fold from
29 KT to 802 KT by 1955 56 to 2000-01. The number of rubber industries has
shot up from about 500 to over 6000. What is more remarkable is the annual
compound growth rate of 8%, which it has achieved over the last four and a half
decades NR Production - Backbone of the Industry. The world NR production is
geographically concentrated in Asia, which accounts for about 92.8% of the total
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production. In fact, the four largest producers namely Thailand, Indonesia,
Malaysia and India control more than 80% of the world Natural Rubber
production
2.2 WORLD SCENARIO
The world rubber production is geographically
concentrated in Asia, which accounts for about 92.8% of the total production. Infact, the four largest producers namely Thailand, Indonesia, Malaysia and India
control more than 80% of the world Natural Rubber production
According to the International Rubber Study Group (IRSG),
the world natural rubber production increased by 6.1% to 10.3 million tons in
2010, compared to a negative growth of 4.2% during 2009. Global synthetic
rubber production during 2010 registered a growth of 14.2 % to 14.00 million
tons as against 12.26 million tons in 2009. Global natural rubber consumption
increased to 10.67 million tons in 2010 registering a growth of 14.4% compared
to 9.33 million tons in 2009 due to demand for vehicles and tyres. Global
synthetic rubber consumption increased to 13.86 million tons during 2010 from
11.94 million tons during 2009, recording a growth of 16.1%. World NR and SR
consumption ratio remained unchanged during 2010 and it was 44:56.
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World rubber consumptionI RSG: Wor ld Rubber I ndustry Outlook
Jun/2011,
TOTAL RUBBER
VOLUME %ANNUAL
GROWTH
(IN TONES)
2008 22656 -3.6
2009 21348 -5.8
2010 24610 15.32011 25718 4.5
2012 27637 7.5
2013-2015 31044 3.9
2015-2020 35852 2.9
1.1
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2.3 INDIAN SCENARIO
The history of the Indian Rubber Industry dates back to 1921
with the setting up of the first rubber goods manufacturing unit in Kolkata, Dixie
Aye Rubber Factory (now Bengal Water Proof Ltd.) for water proofing of fabrics.
The Bengal Water Proof Ltd. is now a leading manufacturer in the non-tyre sector
under the trade name Duck Back. Since then the industry has completed eight
decades of fruitful development and growth particularly in the post-independence
period and at present, it plays a vital core sector role in national economy. It
reflected in the consumption of raw rubber by 28 fold from 29 KT to 802 KT by
1955 56 to 2000-01. The number of rubber industries has shot up from about
500 to over 6000. What is more remarkable is the annual compound growth rate
of 8%, which it has achieved over the last four and a half decades NR Production
- Backbone of the Industry
Since the establishment of the first
rubber products manufacturing unit in 1921, the Indian rubber products
manufacturing industry has undergone remarkable growth and expansion,
particularly during the post-independence era. It has achieved overall
development by increasing its size, spatial distribution, technological
sophistication and more prominently the wide range of products manufactured.
Besides its self-sufficiency by catering to the entire domestic demand, the
industry has broken new barriers on the export front as well.
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INDIAS POSITION IN GLOAL SCENARIO OF NATURAL
RUBBER-
SECOND IN PRODUCTIVITY FOURTH IN PRODUCTION FOURTH IN CONSUMPTION FIFTH IN AREA
Since the establishment of the first rubber goods
manufacturing unit in 1921 at Kolkata, the Indian rubber industry has maintained
its forward march, particularly during the post-independence period. It has
achieved overall expansion through increase in the range of products
manufactured, in the number of units, in technological sophistication and self-
sufficiency. Besides catering to the entire domestic demand, the industry is
breaking new barriers on the export front. It projects tremendous growth in the
21st century. The factors responsible for this phenomenal expansion are vast
internal market, rapid industrialization, on-going economic reforms, and
improved living standards of the masses.
India is the fourth largest producer of natural rubber and
second largest consumer of natural rubber; and fifth largest consumer of natural
rubber and synthetic rubber together in the world. India is the worlds largest
manufacturer of reclaim rubber. India is first in productivity of natural rubber.
The per capita consumption of rubber in India is only 990 Gms. against 9 to 16
kilos in Japan, USA and Europe. This envisages tremendous growth prospects of
the industry in the years to come. With around 6000 units comprising 30 large
scales, 300 medium scales and around 5670 SSI / tiny sector units, manufacturing
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35000 rubber products, employing directly 400 hundred thousand people,
including around 22000 technically qualified support personnel. The Indian
Rubber Industry plays a core sector role in the Indian national economy. The
industry has certain distinct advantages like - an extensive plantation sector;
indigenous availability of the basic raw materials, like natural rubber, synthetic
rubber, reclaim rubber, carbon black, rubber chemicals, fatty acids, rayon, and
nylon yarn and so on; large domestic market; availability of cheap labour; training
facility in various technical institutes; improved living standards of the masses.
All these ground support help the Indian rubber industry to poise for an all-round
development and a quantum jump in production and technology up gradation innear future. The wide range of rubber products manufactured by the Indian rubber
industry comprises all types of heavy duty earth moving tyres, auto tyres, tubes,
automobile parts, footwear, beltings, hoses, cycle tyres and tubes, cables and
wires, camelback, battery boxes, latex products, pharmaceutical goods, besides
moulded and extruded goods for mass consumption. The products manufactured
also cover hi-tech industrial items.
The important areas which the industry caters to include all
the three wings of defense, civil, aviation, aeronautics, railways, agriculture,
transport as also textiles, engineering industries, pharmaceuticals, mines, steel
plants, ports, family planning programs, hospitals, sports, i.e. practically to every
conceivable field. India rubber industry is basically divided into two sectors - tyre
and non-tyre. The tyre sector produces all types of auto tyres, conventional as
well as radial tyres and exports to advanced countries like USA, EU etc. The non-
tyre sector comprises the large, medium scale, small scale and tiny units. It
produces high technology and sophisticated industrial products. The small-scale
sector accounts for over 50% of production of rubber goods in the non-tyre sector.
The Indian rubber products have been exported to around 190 countries in the
world including USA, Russia, UK, Bangladesh, Italy, Nepal, Germany, Oman,
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France, Saudi Arabia, UAE, African countries etc. and exports have gone up
manifold. The yardstick to measure the growth rate of the industry is rubber
consumption. Besides yearly consumption of rubbers - natural, synthetic and
reclaim, there are other raw materials like carbon black, rubber chemicals, tyre
cords, plasticizers, process oils, zinc oxide, stearic acid, titanium dioxide, and
other miscellaneous chemicals which are mostly available indigenously. This
apart, almost all types of major rubber machinery are being manufactured in the
country.
THE INDIAN RUBBER BOARD
The Indian Rubber Board was constituted under the Rubber
(Production and Marketing) Act, 1947. This act was passed on the recommendation of an
adhoc committee appointed by the Government of India in 1945 and it came into force on
19 April 1947. The Rubber Production and Marketing (Amendment) Act of 1954 made
certain changes in the constitution of the Board and amended its name as The Rubber
Board. This act came into force on 1st August 1955. The Rubber Act was furtheramended by the Rubber Amendment Act 1960 which made certain alterations in the rate
and procedure of collection of cess on rubber. It was again amended by the Rubber
(Amendment) Act 1982 to enable the Central Government to appoint a part-time
Chairman/whole time Chairman for the Board and an Executive Director on whole time
basis (if considered necessary by the Central Government) to exercise such powers and
perform such duties as may be prescribed or delegated to him by the chairman. This Act
came into force on 23rd October 1982. The Chairman who is the administrative head of
the Board, exercises control over all the nine departments. Viz. Administration, RubberProduction, Research, Rubber Processing & Product Development, Statistics & Planning,
Finance & Accounts, Training, Market Promotion and Licensing & Excise duty. Publicity
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& Public Relations, Planning, Internal Audit & Vigilance Divisions function directly
under the Chairman. The functions of the Board as defined under the Act are:
1. To promote by such measures as it thinks fit the development of the
rubber industry.
2. Without prejudice to the generality of the foregoing provision the
measures referred to therein may provide for:
a) Undertaking, assisting or encouraging scientific, technological or economic
research.
b) Training students in improved methods of planting, cultivation, manuring and
spraying.
c) The supply of technical advice to rubber growers.
d) Improving the marketing of rubber.
e) The collection of statistics from owners of estates, dealers and manufacturers.
f) Securing better working conditions and the provision and improvement of
amenities and incentives to workers.g) Carrying out any other duties which may be vested with the Board as per rules
made under this Act.
3. It shall also be the duty of the Board:
a) To advise the Central Government on all matters relating to the development of
the rubber industry, including the import and export of rubber.
b) To advise the Central Government with regard to participation in any
international conference or scheme relating to rubber.
c) To submit to the Central Government and such other authorities as may be
prescribed, half
Yearly reports on its activities and the working of this act, and
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d) To prepare and furnish such other reports relating to the rubber industry as may
be required by
The Central Government from time to time.
India is a country of great human resources. In India, Rubber production has rose
by 4.3% this is because of the excessive rain and favorable natural conditions of
environment. In Sep 2009 total rubber production is 77,500 tones. At present
rubber industry is one of the fastest growing industries than other industries. One
record shows that India has about 6000 rubber manufacturing units. This unit
produced 35000 kinds of different rubber items
Boom comes in the automobile industry is one of the biggest factor of this big
growth. If we took a glace in the production of tyre production than
manufacturing has increased from 3.48 lakh tones (last year) to 3.75 lakh tones
(this year). Natural rubber production is increase 7.6%. This is also a major
contributing factor to the growth of rubber production India is the largest
manufacturer of reclaim rubber. It comes on the third largest producer of rubber
all over the world and this is a record.
In the part of consumption of rubber goods India comes on the fourth position. In
natural and synthetic rubber goods consumption it comes on the fifth largest
country. At present India is not only supplying the rubber of domestic market but
also fulfilling the International requirements. UAE, Germany, UK, USA and
France are the biggest customer of these rubber products. As consumption level
has increased so more avenues are explored for the export in Asian countries. The
demand of rubber products can never vanish because of engineering,pharmaceutical and railways industries has developed, in which these rubber
products are used. Thus we can say there is always a scope for betterment. In
India, There are basically two types of rubber industries. One is latex uses as a
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raw material and the second one uses rubber sheets for the production of rubber
products. Various natural factors and manmade factors played a part in the
development in the rubber production. There is an easy availability of raw
material and labor. Training institutes also provide the training to this labor that
helped in the growth of this sector. Due to this the lifestyle of common man and
the demand of quality products increased all over the world. Because of this there
has been seen 8% growth in this sector. This gives the boost of Indian economy
and livelihood to many homes. Advance machinery like Rubber cutting machines
giving a new way to Rubber industry.
Tires are the number one product that the rubber industry makes. Many people
who have firestone tires in their vehicles went out and bought new tries because
they know this is safe. Dueto the new techniques and good public relations rubber
industry gives an economical strength to India. Rubber products are mainly used
in industry for commercial purpose and also for residential use. Rubber has
positioned itself quite strongly in every sector. And this industry is serving
various applications used for day to day life. This is great achievement for India.
Sun Exim, reclaimrubber manufacturers & exporters, has established its worth and
versatility by use in automobile tyres, butyl tubes, cycle tyres & tubes, battery
containers, tread rubber, belts & hoses, molded & extruded products. Recycling
is an ecological necessity; but reclaiming plays a crucial role in the economy as
well. Reclaim rubber helps in save energy and it is ecofriendly. Reclaim is a
process of de-polymerization, wherein vulcanized waste rubber is ground, treated
with application of heat, chemicals and is then intensely worked mechanically. A
total re-use of waste rubber.
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Forecast
According to Rubber Board, the production of naturalrubber for the year 2011-12 is projected at 9.02 lakh tons with a growth rate of
4.6% and the projected consumption for the year 2011-12 is 9.77 lakh tons with a
growth of 2.9%. For the year 2011-12, import and exports are projected at 1.2
lakh tons and 50,000 tons respectively.
IMPORT AN EXPORT
As per the statistics published by the Directorate General of
Commercial Intelligence & Statistics (DGCI&S), India has imported 177,637 tons
of natural rubber during 2010-11 against the import of 177,130 tons during 2009-
10. Exporters have utilized the advantage of price differential between domestic
and international price during the initial and terminal months and exported 29,851
tons of natural rubber during 2010-11 compared to 25,090 tons exported during
the previous year. The stock of natural rubber as on 31st March 2011 was at
277,600 tons.
Import of synthetic rubber by the user industry during
2010-11 increased to 302,030 tons compared to 250,210 tons during 2009-10.
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2.4 STATE SCENARIO
Rubber is an important crop of Kerala. Lots of rubber
products are made now which are inevitable for modern life. Prosperity of a
country is measured by the percapita consumption of rubber also. Rubber plays an
important role in Kerala which decides the economy and social development of
Kerala. India is in third place in the production of rubber in world. 90% of rubber
in India is produced in Kerala. Rubber Technology course deals with the
production of rubber, processing of rubber and rubber product manufacture.
Rubber is a significant commodity for
Kerala economy and any price falls follows political ramifications in the state.
Price increases are also not received well by the tyre manufactures and other
consuming industries. Moreover, large number of small growers, significant
presence of growers, cooperatives, State administered procurement programs,
inconsistent import and export policies and manufacturing facilities spread across
the country are factors that has made rubber prices significantly volatile.
The Company expects rubber futures could help the rubber cooperatives
who have commitment to provide remunerative prices to growers significantly
because futures contracts will help them to decide the procurement price, will
help to design forward contracts to suit the needs of growers. And also will help
growers through price discovery. Industries with natural rubber as the raw
material too would be able take advantage of rubber futures to manage the price
risk in a better way.
Most traded grades in India are ISNR 10 (Indian Standard Natural Rubber)
and ISNR 20. In Kerala, Kottayam and Kochi are the major trading centers
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3.1 COMPANY PROFILE
ROYAL LATEX
It is this very ethos that has shaped their vision over the years,
unwavering attention to the needs of their customers in India and abroad.
Established in 1999, Royal Latex is a producer of high quality 60% Centrifuged
Latex HA and LA, Skimmed Crepe, RSS4, ISNR and EBC. Located in
Kanjirapally amidst Indias largest rubber plantations, the state of the art factory
possesses a production capacity of 6000MT annually .The climate and the soil
conditions in Kanjirapally, laterite and alluvial soil, rainfall of around 250cm per
annum, a temperature range of about 200c to 340c and atmospheric humidity of
80%, ensure that Royal Latex receives a consistent supply of the finest quality
Field Latex, the raw material for the production of rubber
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The climate and the soil conditions in Kanjirapally,
laterite and alluvial soil, rainfall of around 250cm per annum, a temperature range
of about 200c to 340c and atmospheric humidity of 80%, ensure that Royal Latex
receives a consistent supply of the finest quality Field Latex, the raw material for
the production of rubber. Royal Latex is proud to proclaim itself as ecologically
friendly company. Impact on the environment is controlled by a biological
treatment plant that functions without the use of chemicals and reductants. Timely
delivery of consignments to customers the world over is ensured by a dedicated
transportation fleet and the proximity of the factory to Kottayam, the hub of the
rubber industry in India and the port of Kochi on the south western coast of India.factory
Royal latex is a multinational company which has Export to
different countries. Royal latex has export to countries such as Brazil, Mexico,
USA, Iran, Malaysia, Pakistan, Germany, Italy, Turkey, Etc. Royal latex have
employees ranging from 150 to 200.Royal latex works 24 hours in a day, with 2
shifts. Employees are divided into two groups, which one group works in the
morning shift and the other at night. Most of the employees are north Indians, so
the company provides them accommodation facilities
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QUALITY POLICY OF THE COMPANY
We committed to customer delight by providing excellent quality, products andservices achieved through continued improvement of our quality management
system
3.2 PRODUCTS
CENTRIFUGED LATEX
Royal Latex manufactures Centrifuged Latex considered among
the best in the world for a host of customers including manufacturers of condoms,
Balloons, Adhesive mattresses and other rubber products. The machinery that is
used to produce Centrifuged Latex are the Alfa Laval 710 Centrifuges
manufactured in Sweden.
DOUBLE CENTRIFUGED LATEX
Double Centrifuged Latex is highly purified Latex concentrate prepared by
recentrifuging centrifuged latex that has been suitably diluted. As a result the
water extractable proteins and non- rubber constituents are further reduced. Films
prepared from DC latex exhibit greater clarity, low water absorption and high
dielectric properties. DC Latex finds applications in surgical dipped goods and
other specialized premium latex products where these properties are important.
The Latex is generally very stable and has good storage properties
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ROYAL SPECIAL GRADE
Royal Special Grade is high quality Latex, which can be made
according to the specific requirements of customers who require higher quality
Latex with low VFA & Non Rubber content. For Royal Special Grade VFA 0.02
max and NRC 1.2 max is standard.
ROYAL LATEX HA
Royal Latex HA, Ammoniated Latex, is a high quality, high
performance Latex. The primary applications for Royal Latex HA include dipped
goods, carpet backing, foam rubber and rubberized coir.
Royal Latex LA
Royal Latex ammoniated latex is high quality
Centrifuged Latex designed primarily for processes where low ammonia is
preferred. The ammonia content of LA Latex does not exceed 0.29%. The
Preservation system in Royal Latex LA consists of a low ammonia concentration
in combination with Tetramethlythiuram Disulfide and Zinc Oxide. It is primarily
used for the manufacture of dipped goods, coatings, adhesives and extruded
rubber thread
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ROYALS RIBBED SMOKED SHEETS
Produced exclusively from properly dried and
smoked, coagulated rubber sheets by excluding block, cuttings, scrap, frothy,
weak, heated, burnt, air dripped or smooth sheets and visually graded.
Royal Latex manufactures specialized Sheet Rubber
under the brand names RSS 001, RSS 004 and RSS 005. RSS 001 is specially
made for sports bladder and other rubber sports goods manufacturers, tyre tubes
and aircraft tyres, which require higher tensile strength. By using RSS 001, tensile
strength of the product increases by 20 to 30 percent more than a competitors
product. Foam manufacturers use this rubber, which helps provide better
compression results (10% to 20%) RSS 004 and RSS 005 are used in tyres, rubber
mats, chapels and rubber bushes. Consumption of rubber coir is brought down by
10% to 15% without affecting quality. Skim Crepe The skim fraction that is a by-
product of centrifuging processes has 3% - 4% rubber content. Such a lowpercentage plus an increased proportion of non-rubber constituents demand that to
recover the rubber, a very strong acid be used. Such a recovery using sulphuric
acid has its ill effects on the rubber content. This grade, though not technically
good, is still very viable economically and is used in non-critical applications. The
coagulated rubber is thoroughly washed with water and creped by passing through
a battery consisting of coarse rollers and finally smooth rolled. The sheet obtained
is dried and is marketed as skim crepe. This rubber is very fast curing and results
in hard vulcanisates. The manufacturer can thus save on expensive accelerator
dosage.
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Applications
Binding agent for:
* Recon, leather board
* Rubberized hair
* Granules (i.e. cork)
* Foam rubber
* Adhesives
* Textile coating and impregnation
* Can sealants
Dipped articles such as:
* Household gloves
* Examination gloves
* Industrial gloves
* Surgeons gloves* Catheters
* Teats and soothers
* Breather bags
* Tubing
* Balloons
* Condoms
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Estate Brown Crepe
This is an economically important rubber, though of a lower
grade. The tree lace (rubber in the tapping cut, channel and spout) and cup lump
(rubber in collection cups) are the chief raw materials in the production of Estate
Brown Crepe. It is first soaked in water and creped, first through coarse rollers
and finally in a smooth roll mill. The crepe thus formed is dried and usually has a
brown to tan color. Estate Brown Crepe is used in applications like shoe soles and
in non-critical tyre compounds. Specifications for ISNR Grades achieve d by
Royal Latex
Quality Control Our quality control
department continually monitors the processes that manufacture the Latex that we
supply. Right from the Field Latex that is procured from the rubber estates in
Kottayam district to the packaged end products that leave our factory, we ensure
that the benchmarks in quality parameters are strictly adhered to.
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3.3 PRODUCTION PROCESS
COLLECTING FIELD LATERoyal latex collects field latex from its own plantation and
from primary producers from all over Kerala. The employees of royal latex
collect the field latex in drums
STORING. The latex so collected contains high ammonia content. The
collected field latex is stored in the store house of the company and it is taken
when it is required.
COLLECTING TANKFirst the field latex is poured into a tank which is called the
collecting tank. 250 drums of latex is required to fill the tank. The tank is tiled
inside in order to avoid the gluing of latex over the walls. The field latex so
collected is added with chemicals and kept for 30 hours. During this time the
unwanted dust particles in the field are removed. During this time the dust
particles are drawn to the bottom. The top latex are further collected to the
secondary tank
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CENTRIFUGATION MACHINEAfter the filtration the latex is further moved to the centrifugation
machine, which centrifuges the latex. The machine rotates 7200 times in one
minute. Centrifugation is a process by which the DRC content of the latex is
increased. DRC means dry rubber content. The field latex contains only 30% of
DRC, and by centrifugation the denser content in the latex is accumulated to the
bottom, that is DRC. Thus produced DRC latex is moved to two different tanks
which one is used to make HA latex and other for LA latex. The high ammonia
latex dont need further purification because the ha latex contain high ammonia.
LA LATEXThe second latex is added with chemicals and kept for some
hours in order to reduce the ammonia content. This latex is called LA latex. This
is collected in plastic bags in drums as prescribed by the customers. It is loaded in
trucks and thus transported .The byproduct of this production process is calledskim. Skim is a type of latex which contains very low DRC. The skim is collected
to a tank called skim tank. This is added with sulphuric acid and left for
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coagulation. After this process we get skim creep, it is almost like smock sheet
which is used to make chapels bed etc.
PACKAGING OPTIONS
Royal Latex is available in bulk in tank containers or tank
lorries and in drums. Both centrifuged and creamed latex is packed in barrels. One
barrel contains 205 litres .These barrels are sealed .centrifuged latex is also
packed in polythene bags also.
Drums
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ISO CERTIFICATION
ISO is a set of international standards which
ensures the quality of products and operations. ISO 9000 is rapidly becoming the
most important quality management standard in the world. Thousands of
companies in over 100 countries have already adopted it, and many more are in
the process of doing so. Why? Because it controls quality. It saves money.
Customers expect it. And competitors use it. ISO 9000 can be applied to all types
of organizations. It doesn't matter what size they are or what they do. It can help
both product and service oriented organizations achieve standards of quality that
are recognized and respected throughout the world. ISO is the International
Organization for Standardization. It is located in Switzerland and was established
in 1947 to develop common international standards in many areas. Its members
come from over 150 national standards bodies.
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Why is ISO 9000 Important?
ISO 9000 is important because of itsorientation. While the content itself is useful and important, the content alone
does not account for its widespread appeal.
ISO 9000 is important because of its
international orientation. Currently, ISO 9000 is supported by national standards
bodies from more than 150 countries. This makes it the logical choice for any
organization that does business internationally or that serves customers who
demand an international standard of excellence. ISO is also important because of
its systemic orientation. We think this is crucial. Many people wrongly emphasize
motivational and attitudinal factors. The assumption is that quality can only be
created if workers are motivated and have the right attitude. This is fine, but it
doesn't go far enough. Unless you institutionalize the right attitude by supporting
it with the right policies, procedures, records, technologies, resources, and
structures, you will never achieve the standards of quality that other organizations
seem to be able to achieve. Unless you establish a quality attitude by creating a
quality management system, you will never achieve a world-class standard of
quality. Simply put, if you want to have a quality attitude you must have a quality
system. This is what ISO recognizes, and this is why ISO 9000 is important.
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3.4ORGANIZATIONAL STRUCTURE
MD
Finance
Manager
Purchase
Manager
Sales
Manager
Marketing
Manager
HR ManagerProducti
Manag
Accou
ntant
Cashier Office
Assistant
Stock Accountant Computer
Assistant
Despatch Manager Service Manager
Factory
Manager
Manager
Accounts &
Administration
Depo Manager Sales Executive
Shift
Supervisor
Loading
Supervisor
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4.1 DEPARTMENTAL STUDY
There are 5 Departments in royal latex, they are
1. Finance department2. Purchase department3. Sales department4. HR department5. Production department
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4.2 FINANCE DEPARTMENT
The field of finance refers to the concept of time, money, risk and how they are
related. Thus the term finance incorporates the following.
1. The study of money and other assets.2. The management and control of those assets3. Profiling and managing project risks4. The science of managing money
Finance is the base of all the corporate activities in the day to day world.
Management of finance is broadly concerned with acquisition and use of funds by
business firm. Financial management is the job of finance department. Royal
Latex financial department is headed by general manager administration; major
functions of finance department can be summarized in to three that is planning of
resources, allocation of resources and control resources
OTHER FUNCTIONS
Banking relationship
One of the most important functions of finance department is the relationship with
bank. Royal latex is having the transactional relationship with the South Indian
Bank. The banking relationship includes
Bank deposit Providing loans
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Over draft Discounting of bills Issuing and collection of cheques etc.
These banking functions help the smooth and easy functioning of the finance
department. In Royal Latex the banking functions are used for issuing cheques to
the suppliers, to rediscount the bills received from the customers, to take loans for
financial assistance etc.
Internal audit
Internal audit is the audit conducted by the company itself. Royal latex also
conducts internal auditing of the financial records periodically and employees are
recruited for this purpose
Cash management
Cash management involves the management of cash out flow and inflow of the
company, In Royal latex a large amount of cash is received from the customers
and paid to the dealers, the cash flow is managed by the accountant under the
guidance of the finance manager 54
Taxation
Taxation is another procedure related to finance, hence it is something related to
money, it is deled by the finance department. It includes the valuation of assets
and liabilities and making the payment to the tax authorities
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Expense analysis
Hence Royal latex is associated with a big factory; there are a lot of expenses
incurred for the company. For that the Royal latex prepares a income and
expenditure account, which would record in detail the income and expenses of the
company
Preparation of final account
One of the important functions of the finance department is to prepare the finalaccounts, which includes the preparation of journals, ledger, trail balance, profit
& loss account, balance sheet etc. It is also a complex job performed by the
finance department. And it is also important for the purpose of auditing
RESPONSIBILITIES OF FINANCE MANAGER
Arrangement of short term and long term funds
To make decisions regarding the financial feasibility of projects To focus on the cost minimization and profit maximization Right mixture of the debt and equity Prepare the right financial statement Capitalization Evaluation of financial activities
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VALUATION OF INVENTORY
PARTICULAR METHOD
Raw materials At cost based on monthly weighted average method
Stores and spares At weighted average cost
Waste At the rate actually realized for the stock
Work in progress At cost of net usable value whichever is lower the latterbeing actual value subsequently realized for the stock
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DEPARTMENTAL STRUCTURE
MD
Manager of Finance
Account
Cashier
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4.3 SALES DEPARTMENT
The concept of sales department is that the company has to promote and
push their products and in the market, it cannot expect its products to get picked
up automatically by the customers. Heavy advertising, high power personal
selling, price discounts and strong publicity and public relation are the normal
tools by which organizations relay on this concept
FUNCTIONS
The sales of all the Royal Latex products are based on the head office policies and
norms. The sales department receives orders from agents and dealers and passes
the orders to the factory managers for production. The final product is then moved
to the dispatch manager and then sold to the customers as per the order and finally
reaches the customer. Receiving orders and giving report the productiondepartment are the leading functions of sales department
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DEPARTMENTAL STRUCTURE
MD
Sales Manager
Stock Assistant
Accountant Computer assistant
General
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SALES PROCESS CHART
Sales order/Sales manager
Factory Manager/Final Production
Dispatch Manager
Customers
Consumers
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DISTRIBUTION CHANNELS
Direct Dealers International Agents Retail Dealers
SALES PROMOTIONAL ACTIVITY
To safe guard its customers and to keep a very strong
relationship with them, they are considered as the family members to the
company. The sales executive makes regular visit to the agents and retarders and
provides all kinds of information, agreement and facilities. The prime factor of
Royal Latex sales promotion policy is that the right quality product at the right
time to the right party
PRICING
The company adopts cost of profit pricing policy for its products.
This is due to the fact that there are agriculture based products and are seasonal in
nature. The price rate is adopted by the company with regard to the leading
competition also
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4.4 MARKETING DEPARTMENT
Marketing is the economic process by which goods and services are
exchanged between the market and the user, and their values determined in terms
of money. Marketing is the process by which the products are made bought by the
customers by providing required products in the specified quality. The concept of
marketing was born out of the awareness that a business to start with the
determination to the customer wants and ends with satisfaction of those want.
MARKETING DISTRIBUTION CHANNEL
Company Deposit Stockiest Dealers Customers
EXPORT MARKETING
Royal latex is a multinational company which has Export to
different countries. Royal latex has export to countries such as Brazil, Mexico,
USA, Iran, Malaysia, Pakistan, Germany, Italy, Turkey; Etc. Royal Latex is
having an immediate plan to expand the export business
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DEPARTMENT STRUCTURE
MARKETING MANAGER
Dispatch Manager Service Manager
Depot Manager Sales Executive
MD
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4.5 HUMAN RESOURCE DEPARTMENT
HR management is the planning, organizing, directing and
controlling of the human resource in the organization. The personal department is
responsible for recruitment, selection, placement, training, performance, keeping
of records, compensation etc. of the employees. The office assistants assist them
in the procedures.
In royal Latex, the personal department keeps full record for every
worker employed in the organization. The record is kept on a card known as
employees history card, this card includes the following details about the worker.
1. Name2. Department3. Grade4. Starting pay5. Address6. Date of birth7. Marital status
FUNCTIONS
1. HR planning2. Selection3. Recruitment4. Performance appraisal5. Organizational change and development6. Training
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RECRUITMENT
Royal Latex recruitment board consists of 3 members who handlethe recruitment process in which applications are collected and called for
interview. The board is the final authority regarding the appointment of staff.
Factory manager is entrusted with the duty of recruiting the factory
workers. Nearby locality people are usually recruited as workers. And workers are
recruited on contract basis
SELECTION PROCESS
The selection procedure adopted by Royal Latex;
1. Scrutiny of applications
The personal department will first scrutinize all the applications
received. Only those applications will be taken as the criteria for the post
2. Blank application form
A bank application form is used for getting written information about
the candidates in his or her own handwriting. The application form contains the
information like name, place of birth, date of birth, marital status, qualification,
experience etc.
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3. Interview
A group of selected candidates are interviewed in a face to face contact
with the interview board; they are given a topic to discuss. When the candidate
makes comments and counter points, the board evaluates their ability to
communicate, presence of mind, confidence; language, expression etc. and
judgments are made.
REFERENCE
References are conducted on those candidates who are found suitable
in the tests and interviews. Reference can be collected from previous employees
also.
TRAINING AND DEVELOPMENT
Training is given periodically to both staffs and workers.
Training is given by the managers as well as the private consultants. Training is
given on the subject matter of machinery, chemicals, pavements etc.
MONETARY BENEFITS
Basic pay DA Production bonus Incentive
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STATUTORY WELFARE MEASURES
Canteen facility Rest room Lunch room Drinking room Safety measures Protection against fire Medical benefit PF
NON STATUTORY MEASURES
Job opportunity to dependence Uniform Advance payment Training facilities
REWARD
Wages is being given to the workers as per the agreement.
Workers are given daily wages and are collected in monthly base. The wages
includes the dearness allowance and basic payment.
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MEETINGS
Meetings are conducted every month. Directions are given to theemployees and suggestions are invited. Changes in the working of the company
and future plans regarding the growth and development of the company
JOB OPERATIONS AND SCHEDULE
Job rotation and job schedule are favorably done for both office
staff and workers. Factory manages job relation and schedule for workers.
TIME KEEPING
Methods of time keeping:-
Attendance register method Punching system
SHIFTS
The company adopts 3 shifts in the factory and only 1 shift in the office
Factory Office
8.30 am to 4.30 pm 8.30 am to 4.30 pm
4.30 pm to 12.30 am
12.30 am to 8.30 am
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DEPARTMENTAL STRUCTURE
MD
HR manager
Factory Manager
Manager Accounts and
Administration
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4.6 PRODUCTION DEPARTMENT
Production is one an important function in all the industries.
Production means converting the raw materials into finished products with the
help of certain process. Production is the transformation of input into output. It is
the core function of every business.
Production department is one of the busiest departments in Royal latex.
The production department is given more care hence there is mass production and
complicated processes. The production department makes planning and directions
on amount of raw materials available, capacity of the production unit, amount to
be produced etc. Thomson rubbers now have a cool dry storage area with a
minimum capacity of 6000 to 8000 barrels of field latex and desludging tank with
a capacity of 70000 litres
CONTENTS IN THE PRODUCTS
Double centrifuged royal DC
i. Dry Rubber Content, - wt. % 60ii. Total Solids Content,- wt. % 60.5 - 61
iii. Alkalinity - ammonia,- wt. % 0.6 - 0.78iv. Non Rubber Content,- wt. % 0.5 - 1v. Volatile Fatty Acid,- wt. % 0.025
vi. KOH No.- 0.3 - 0.5vii. pH - Value -10.5
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viii. Mechanical Stability, -sec- 800 - 1200ix. Coagulum,- wt. % 0.002x. Sludge,- wt % 0.004
xi. Chemical Stability,- sec 100xii. Viscosity,- cps 50 -100
xiii. Copper,- ppm Tracexiv. Manganese,- ppm Tracexv. Odour after boric acid - No putrefactive
xvi. Neutralization - odourxvii. Colour - White
Centrifuged latex Royal HA
I. Dry Rubber Content, wt.% 60II. Total Solids Content, wt.% 61.5
III. Alkalinity - ammonia, wt.% 0.6 - 0.8IV. Non Rubber Content, wt.% 1.5V. Volatile Fatty Acid, wt.% 0.03 - 0.05
VI. KOH No. 0.5 - 0.8VII. pH - Value 10.5
VIII. Mechanical Stability, sec. 800 - 1200IX. Coagulum, wt. % 0.004
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X. Sludge, wt % 0.006XI. Chemical Stability, sec 100
XII. Viscosity, cps 50 -100XIII. Copper, ppm TraceXIV. Manganese, ppm TraceXV. Odour after boric acid neutralization No putrefactive odour
XVI. Colour - White
Centrifuged latex Royal Latex
I. . Dry Rubber Content, - wt. % 60II. Total Solids Content, - wt. % 61.5
III. Alkalinity - ammonia, - wt. % 0.25 - 0.3IV. Non Rubber Content, - wt. % 1.5V. Volatile Fatty Acid, - wt. % 0.03 - 0.05
VI. KOH - No. 0.5 - 0.8VII. PH - Value 10.5
VIII. Mechanical Stability, - sec. 800 - 1200IX. Coagulum, - wt. % 0.004X. Sludge, - wt % 0.006
XI. Chemical Stability, - sec 100XII. Viscosity, - cps 50 -100
XIII. Copper, - ppm Trace
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XIV. Manganese, - ppm TraceXV. Odour after boric acid neutralization - No putrefactive odour
XVI. Colour - White
Estate Brown Crepe
I. Nitrogen (Max) 0.60 0.60 0.50 0.60 0.60II. PO (Min) 30 30 35 30 30
III. PRI (Min) 60 50 57 40 30IV. Grade ISNR 5 ISNR 10 ISNR 20 ISNR 20 ISNR 50V. Dirt % 0.05 0.10 0.15 0.20 0.50
VI. Volatile Matter % 0.80 0.80 0.80 0.80 0.80VII. Ash Content (Max) 0.50 0.75 0.75 1.00 1.50
FUNCTIONS
1. RoutingRouting deals with laying down of path along which materials are
to travel in the process of production. To determine the sequence in which
various operations are to be performed
2. LoadingAfter establishing the route, the work is to be loaded against the
concerned machines and equipment. It implies the quantity of work
assigned to a machine or worker.
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3. DispatchingDispatching deals with the release of orders and instructions in
accordance with the planned timings as embodied in operation sheets,
route cards and loading schedules in order to make the action
4. ProcessingPerforming the production process, it includes the working of the
machines, equipment and workers to produce the product.
5. Follow upIt includes collecting the information about the amount of
production, the percent of defective and giving detailed report the
departments
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PRODUCTION PROCESS
Collecting field latex
Storing in the store house
Field latex poured into the tank
Top latex collected into a secondary tank
Filtration
Moved into the centrifugation machine
DRC latex is produced
Adding chemicals to the second latex
LA latex is produced
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DEPATMENT STRUCTURE
MD
Production Manager
Shift Supervisor Loading Supervisor
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4.7PURCHASE DEPARTMENT
The purchasing department will be responsible for
providing the materials, components and equipment required to keep the
production process running smoothly. A vital aspect of this role is ensuring
stocks arrive on time and to the right quality. Purchase is an important
boundary function that support operations by acquiring major resources
for the conversion process. Purchasing functioning which provides materials
supplies and service from outside vendors for manufacturing firms involved
in assembly. It is not unusual of the cost of purchased materials to exceeded
as a percent of total product cost, the value added internality to the product
through manufacturing and assembly. The purchase procedure covers the
following areas procurement of goods and service for the company.
1. Capita items (For project and other purposes)
2. Equipment and spares.
3. Raw material & Intermediary materials
4. Package items involving design, supply, erection and commissioning.
To perform the functions effectively, the purchase department is guided by
the following procedures
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PURCHASE REQUISITIONS
The purchase officer does not initiate any action for the purchasing ofmaterials in his own accord. With the help of purchase requisitions, the
purchase officer comes to know the type of materials needed by organization.
A purchase requisition is a form used as a formal request for the purchasing
department to purchase materials
EXPLORING THE SOURCES OF SUPPLY & SELECTING
THE SUPPLIER
The source of supply of materials is to be selected after the receipt of
purchase requisition. The process of choosing the supplier is not a hard task.
The store keeper generally mentions the name of current suppliers, their price
quotations and the purchase department also has a series of good suppliers.
Choosing the right supplier from the supplier list involves a process of
comparison of statement of purchases. It is prepared by the purchase
department
PURCHASING ORDER
After choosing the supplier, the purchase department prepares the order for
the supply. The order is a written authorization to the suppliers to supply the
particular materials or material. It is the documentary evidence between the
buyer and the supplier having the terms and conditions of the purchasing order
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RECEIVING & INSPECTING MATERIALS
In large concerns, a separate receipt & inspection department independent ofstocking location should be set up to receive and inspect the materials. But in
small concerns, the work is done by the store keeper. In Royal Latex, the
production department effects the general purchase. When goods are received
in stores , the consuming department is informed and its personnel inspect the
quality, quantity etc.
CHECKING PASSING BILLS OF EXCHANGE
The payment terms of the company are ;-
Against invoice or acceptance of stock a minimum 15 days credit In case of monopoly suppliers, payment is made through banks
VENDOR SELECTION
The company has a list of suppliers for all its purchase. The company invites
tenders through advertisement in newspapers and in the internet. The suppliers
tender quotations and after a detailed study of the concerned department, the
supplier is selected and the order is placed.
VENDOR RATING
A vendor is rated according to his monopoly in the market, brand equity of
the products, his established dealings with other reputed organizations. There is
a vendor evaluation committee for the vendors. The committee consists of
officers from concerning finance and material departments. The vendors rated
below 50% are removed from the lists. Vendors rated between 50% & 75% are
advised to improve their quality
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Point of supply of raw materials
1. Latex Kottayam Idukky Ernakulam Kozhikode and Thrissur
2. Chemicals Bangalore
Chennai Kolkata Mumbai
3. Packing materials Alleppy Mumbai Kolkata Andhra
FUNCTIONS
Turn over analysis Receiving purchase requisition Locating the source of supply Choosing a supplier Purchase order Follow up Purchases monitoring and invoice checking Purchase policies
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DEPARTMENT STRUCTURE
MD
Purchase Manager
Office Assistant
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WEAKNESS
Heavy work load :- Hence the company is working for 24 hours, thereheavy work load
Insufficient sales promotional activities :- Even though many marketingopportunities are available, the company is not performing any
promotional activities
Tax and excise duty :- Hence the company is having more exports, largeamount of tax and excise duty has to be paid
Under developed roads :- The nearby roads to the company are damagedand under developed. This affects the smooth and fast transportation of
products and raw materials
As Royal latex works for 24 hours the human resource managementafter 5pm is not effective. :- After 5pm human body connot work
effectively, therefore work after 5pm is not effective
As 50% of the workers are north Indians the communication is not soeffective :- In Royal Latex about 50% of the employees are north Indians,
therefore ther is a communication gap between the supervisors and the
workers
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OPPORTUNITIES
Reduction in the export restrictions :- Now there are some reductionsin the export restrictions made by the Government, since the Royal Latex
is having more of exports, the company can utilize those opportunities
Plantation of more rubber in the locality :-Plenty of land is availablein thhe company locality, company could buy those lands and make more
rubber plantations, which would be an asset in the future
Improved technologies :- More advanced technologies are availablenow, which would improve the working standard and conditions in the
company
More productive machines :- Since the company is blessed with plentyof raw materials and sales order, more productive machines could change
the present scenario of the company
Better roads :- The company could make a negotiation with thePanchayat to make better roads , which will be also in the interest of the
society
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THREATS
Pollution :- Pollution is a serious threat for the company, hence manychemicals are used in the company, which may cause pollution
Tax :- Tax is another issue of the company. As the company makesheavy purchase of chemicals and more of exports. The tax rates are always
fluctuating
Transportation :- As the roads to the company are damaged. It will bea major threat in the future, if proper maintenance is not made
Increasing cost of production :- The increasing cost of productionis another threat. Cost of raw materials, salary of personnel, transportation
cost, production cost etc. are increasing day by day
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5.2 OBSERVATIONS
The company is providing good working conditions. The production department is having all machineries for the efficient
production.
There is no proper planning and control of the inventory. The process of control and monitoring is not efficient. The new workers are provided with less training. There is not fully fledged Research and development department. Workers health and safety are given prime importantance. The quality of the products manufactured in the company is very high.
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5.3 SUGGESTIONS
Should introduce a research and development department A finer degree of professionalism should be introduced Company can adopt more use of information technology for better
functioning It can expand the capacity of plant to meet the foreign demands. Increase the productivity in order to get more economy in
production
Expand the export relations Should introduce a proper inventory control method A supervisor who could communicate properly with the north
Indian workers must be employed
Proper training programs should be designed for the employees A better pollution control system should be introdused
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6.1 EXPERIENCE IN THE COMPANY
The management and staff as a whole showered its
enormous help towards the completion of the Organization Study. The employees
spent their valuable time irrespective of their work schedule. These 30 days
Organization Study helped me to familiarize with the organization and its
functions. And I got unstinted support and assistance from my Guide and other
officials. This study helped to learn more about organization structure and duties
of its various departments. I got information about various departmental activities
of the company. Moreover I learned how a company is successful in the high
competitive market. The Organization Study is the result of whole hearted support
of the entire staff. The employees were cordial and helping. As a whole I got an
interesting and informative experience in the Royal latex.
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REFFERENCE
Books
1. Arun Kumar and Meenakshi, (2006), - Marketing Management, secondedition, Vikas publishing house Pvt Ltd New Delhi.
2. Kothari.C.R- Research Methodology methods & techniquesNew age international publishers, 2004.
3. Aswathappa K- Human Resource & Personnel ManagementTata McGrawHill publishing co. ltd., 1999.
4 Pandey.I.M -Financial Management
Vikas publishing house pvt ltd, 2000.
Websites
1. https://www. wikipedia.com2. https://www.royallatex.com3. https://www.google.com
http://www.wikipedia.com/http://www.wikipedia.com/http://www.wikipedia.com/http://www.royallatex.com/http://www.royallatex.com/http://www.royallatex.com/http://www.google.com/http://www.google.com/http://www.google.com/http://www.google.com/http://www.royallatex.com/http://www.wikipedia.com/