Atul (company)

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Atul Limited
Company type
Public
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HeadquartersAtul, Valsad district, Gujarat, India
Area served
Worldwide
Key people
Sunil Siddharth Lalbhai (Chairman and MD), Gopi Kannan Thirukonda (CFO)
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Total equity5,662 crore (US$590 million)
Number of employees
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ParentLalbhai Group
Websitewww.atul.co.in

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Atul Limited is an Indian chemical manufacturing company headquartered in Atul, Gujarat and is listed on both stock exchanges of India. Founded on 5 September 1947 by industrialist Kasturbhai Lalbhai, it was one of the first private‐sector enterprises established in post‐independence India and is part of the Lalbhai Group. It serves over 4,000 customers across more than 30 industries in 90 countries through wholly owned subsidiaries in the United States, United Kingdom, United Arab Emirates, China, and Brazil.[2][3][4][5][6][7][8][9][10][11][12][excessive citations]

Atul has diversified itself into a chemical conglomerate from a small company making a few textile dyes into a chemical conglomerate manufacturing 900 products and 400 formulations to 4,000 customers belonging to 30 diverse industries in the process making India self-reliant in manufacturing of several chemicals.[13] The company has established 41 operating subsidiary, a joint venture and associate entities over the seven decades.[13][14][2]

Atul is the largest producer of para Cresol, para-anisic, aldehyde and para-anisic alcohol in the world with almost 55% of total global capacity at a single location.[15]

Atul also manufactures many pharmaceuticals and drugs and it is the first company in India to manufacture Dapsone.[16]

In 2024 Atul village developed by Atul and with help of its Atul Foundation got the Platinum Green Village certification.[17]

History

Atul was incorporated on 5 September 1947 by Kasturbhai Lalbhai. The manufacturing plant at Atul village inaugurated by Prime Minister Jawaharlal Nehru in 1952.[4] Early international partnerships included American Cyanamid (1952) to form Cyanamid India Ltd for industrial chemicals and Imperial Chemical Industries (ICI) in 1955 to create Atic Industries Ltd for textile dyes. In 1960, a joint venture with Ciba-Geigy resulted in the creation of Cibatul Ltd for manufacturing epoxy resins.[18][full citation needed][19]

See also

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content."Atul AR 24-25" (PDF).
  2. ^ a b Page Module:Citation/CS1/styles.css has no content."A story of 70 years: Atul serving diverse industries, touching lives with quality products, services". ANI News. 26 March 2021. Retrieved 4 May 2021.
  3. ^ Page Module:Citation/CS1/styles.css has no content."Top 10 Chemical Companies in India". IndianCompanies.in. Retrieved 4 May 2021.
  4. ^ a b Page Module:Citation/CS1/styles.css has no content.Jones, Geoffrey (21 March 2023). Deeply Responsible Business: A Global History of Values-Driven Leadership. Harvard University Press. p. 175. ISBN 978-0-674-91653-1. Retrieved 13 May 2025.
  5. ^ Page Module:Citation/CS1/styles.css has no content.Piramal, Gita (8 December 2005). Smart Leadership: Insights for CEOs. Penguin UK. ISBN 978-81-8475-118-5. Retrieved 13 May 2025.
  6. ^ Page Module:Citation/CS1/styles.css has no content.Purohit, Devesh (4 February 2024). Theory of Reference Building - Legacy Matrix: An innovative IP for Public Relations and Brand Management. OrangeBooks Publication. p. 94. Retrieved 13 May 2025.
  7. ^ Page Module:Citation/CS1/styles.css has no content.Dataquest: DQ (1991 ed.). Cyber Media (India), 1991. 1991. p. 104. Retrieved 13 May 2025.
  8. ^ Page Module:Citation/CS1/styles.css has no content.The Textile Magazine, Volume 37, Issues 7-12. 1996. p. 64. Retrieved 13 May 2025.
  9. ^ Page Module:Citation/CS1/styles.css has no content.Chopra, Pran Nath (1992). Encyclopaedia of India: Gujarat (1992 ed.). p. 226. Retrieved 13 May 2025.
  10. ^ Page Module:Citation/CS1/styles.css has no content.The Far East and Australasia (2003 ed.). Europa Publications. 2002. p. 508. ISBN 978-1-85743-133-9. Retrieved 13 May 2025.
  11. ^ Page Module:Citation/CS1/styles.css has no content.American Shadow Over India (1956 ed.). L. Natarajan. 1956. p. 73. Retrieved 13 May 2025.
  12. ^ Page Module:Citation/CS1/styles.css has no content.Rajmohan, K.; Mohanan, B.N.; Batra, A.M. (December 2010). "Data palm development mission of Atul Ltd. in India". Acta Horticulturae (882): 289–292. doi:10.17660/actahortic.2010.882.31. ISSN 0567-7572.
  13. ^ a b Page Module:Citation/CS1/styles.css has no content."Atul Ltd. enters 70th year of Operations". Business Standard. 17 March 2021. Archived from the original on 22 April 2021. Retrieved 13 May 2025.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Siddharth Kasturbhai Lalbhai's Atul entering 70th year of operations". BW Businessworld. 2 February 2021. Retrieved 13 May 2025.
  15. ^ Page Module:Citation/CS1/styles.css has no content."United Nations Industrial Development Organization (UNIDO) RECP Experiences in M\/s. Atul Limited (Aromatic Division)" (PDF). Retrieved 13 May 2025.
  16. ^ Page Module:Citation/CS1/styles.css has no content."Atul Ltd receives USFDA's approval for Dapsone facility". Business Standard. 17 January 2015. Retrieved 17 May 2025.
  17. ^ Page Module:Citation/CS1/styles.css has no content."Atul village received Platinum Green Village certification". 8 January 2024. Retrieved 13 May 2025.
  18. ^ Page Module:Citation/CS1/styles.css has no content."Joint Ventures in Indian Chemical Industry". Chemical Weekly: 45–48. 20 March 1965.
  19. ^ Page Module:Citation/CS1/styles.css has no content.Penguin-CNBC TV18 Business YRBK10 (2010 ed.). Derek O'Brien. August 2010. p. 116. ISBN 978-0-14-341419-3. Retrieved 13 May 2025.