| Type | Public (BSE: 500770) |
|---|---|
| Founded | 1927 |
| Founder(s) | Dorabji Tata |
| Headquarters | Mumbai[1], India |
| Number of locations | Maharashtra , Gujarat, UP and West Bengal |
| Key people | Ratan Tata, Murali Sastry (Chief Innovation Officer)[2] |
| Services | Inorganic Chemicals |
| Revenue | 9,543.79 crore (US$1.81 billion) (2009-2010) [3] |
| Operating income | 1,559.47 crore (US$296.3 million) |
| Net income | 723.58 crore (US$137.48 million) |
| Parent | Tata Group |
| Subsidiaries | Tata Chemicals Europe, Tata Chemicals North America, Tata Chemicals Kenya |
| Website | Official Website |
Tata Chemicals Ltd (BSE: 500770) is a Tata Group Company (India) based in Mumbai.[4] The company is one of the largest chemical companies in India with significant operations in India and Africa.[5]
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Tata Chemicals has the second largest soda ash production capacity plant in India. This was the second soda ash plant built in India by Shri Kapilram Vakil that started operating in the year 1944. The township Mithapur, derives its name from "Mith" which means salt in Gujarati language.
Since 2006 Tata Chemicals has owned Brunner Mond, a United Kingdom-based chemical company with operations in Magadi (Kenya) and General Chemicals, in United States of America.
On March 27, 2008, Tata Chemicals Ltd acquired 100 per cent[7] stake in US-based General Chemical Industrial Products Inc (GCIP) for $1.05 billion (around Rs 4,000 crore) to become the world’s second largest maker of soda ash.[8] With all these acquisitions, combined capacity of production has increased to around 5.17 million tonnes of soda ash.
In April 2010, Tata Chemicals acquired 25% stake in ammonia-urea fertilizer complex in Gabon for US$290 million.[5] The first phase of the plant will have a full operational capacity of 2,200 million tonnes of ammonia and 3,850 million tonnes of urea per day.[5]
The Research and Development Center Tata Chemicals Innovation Center located at Pune, Maharashtra started operations in 2004. The team of scientists is working in the following areas: Advanced Materials, Green Chemistry, Biochemicals, Metabolites, and Nutraceuticals.