Tata Chemicals

Tata Chemicals Limited
Public company (BSE: 500770)
Industry Chemicals
Founded 1939
Founder J. R. D. Tata
Headquarters Mumbai, Maharashtra, India
Area served
Global
Key people
Cyrus Pallonji Mistry
(Chairman)[1]
Products Basic and industrial chemicals, nitrogenous and phosphatic fertilizers, industrial (re)finishing products, coatings and crop nutritions
Revenue 139.7 billion (US$2.1 billion) (2012)[2]
Profit 8.37 billion (US$120 million) (2012)
Number of employees
4,752 (2011)
Parent Tata Group
Subsidiaries Tata Chemicals Europe
Website www.tatachemicals.com

Tata Chemicals Limited (TCL) (BSE: 500770) is an Indian global company with interests in chemicals, crop nutrition and consumer products headquartered in Mumbai, India.[3] The company is one of the largest chemical companies in India with significant operations in India and Africa.[4] Tata Chemicals is a subsidiary of Tata Group conglomerate.[5]

Plant locations

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 "Mitha" 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 27 March 2008, Tata Chemicals Ltd acquired 100 per cent[7] stake in US-based General Chemical Industrial Products Inc (GCIP) for US$1.05 billion 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 tons of soda ash.

In April 2010, Tata Chemicals acquired 25% stake in ammonia-urea fertilizer complex in Gabon for US$290 million.[4] The first phase of the plant will have a full operational capacity of 2.2 billion tons of ammonia and 3.85 billion tons of urea per day.[4]

Research and Development Center

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.

Product range

References

  1. "Tata Chemicals working on a green makeover - Corporate News". livemint.com. 8 September 2009. Retrieved 16 July 2010.
  2. BSE 2009-2010 Data
  3. Br Natarajan. "BITS Pilani and Tata Chemicals Join Hands for HRD". Indiaprwire.com. Retrieved 16 July 2010.
  4. 1 2 3 "TCL buys 25% stake in urea complex in Africa for $290 mn". 11 April 2010.
  5. "Tata Chemicals Ltd. (878472): Company Description - BusinessWeek". Investing.businessweek.com. 24 May 2010. Retrieved 16 July 2010.
  6. "Contact us". Tata Chemicals. 30 November 2008. Retrieved 16 July 2010.
  7. "Tatas acquire General Chemical of US for $1 b". The Hindu Business Line. 1 February 2008. Retrieved 16 July 2010.

External links

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