Eastmen Chemicals: Government Tender Performance Analysis

Eastmen Chemicals has begun establishing presence in India's government tender ecosystem with participation in 5 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Superior Tender Success Rate of 60.0%

Eastmen Chemicals demonstrates exceptional government tender performance with an impressive win ratio of 60.0%. Out of 5 tenders, they have secured 3 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Eastmen Chemicals has bid on contracts with a total value of ₹9,24,23,303.0, successfully securing ₹9,24,23,303.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Indian Oil Corporation Limited, Na, where they have demonstrated specific procurement expertise. They have experience bidding with Iocl- Panipat Refinery, showing familiarity with diverse organizational procurement requirements.