Tata Chemicals

Last updated

Tata Chemicals Limited
Company type Public
Industry Chemicals
Founded1939;85 years ago (1939) [1]
Headquarters
Mumbai, Maharashtra
,
India
Area served
Global
Key people
 Natarajan Chandrasekaran
(Chairman)
Ramakrishnan Mukundan
(MD & CEO)
ProductsBasic and industrial chemicals, nitrogenous and phosphatic fertilizers, industrial refinishing products, coatings and crop nutritions;
RevenueIncrease2.svg₹15,707 crore (US$2.0 billion) (2024) [2]
Increase2.svg₹1,623 crore (US$200 million) (2024) [2]
Increase2.svg₹435 crore (US$54 million) (2024) [2]
Total assets Increase2.svg₹36,756 crore (US$4.6 billion) (2024) [2]
Total equity Increase2.svg₹23,114 crore (US$2.9 billion) (2024) [2]
Parent Tata Group
Subsidiaries
Website www.tatachemicals.com

Tata Chemicals Limited is an Indian multinational corporation with interests in chemicals, crop protection and specialty chemistry products. [3] The company is headquartered in Mumbai and has operations across India, Europe, North America and Africa. [4] Tata Chemicals is a part of the Tata Group and its shares are traded on the NSE and BSE. [5] Tata Chemicals has a publicly listed subsidiary called Rallis India. [6] [7]

Contents

History and operations

Tata Chemicals has the third largest soda ash production capacity plant in India. This was the second soda ash plant built in India by Kapilram Vakil (grandson of late Indian justice Nanabhai Haridas) that started operating in the year 1944. [8] 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 [9] [10] 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]

In 2016, Tata Chemicals sold its urea business to Pune-based Yara India, part of the Norwegian chemical company, Yara International. [11]

In 2019, Tata Group transferred Tata Chemicals' branded food business to Tata Global Beverages (now Tata Consumer Products), in an all-share deal. [12]

In 2022, Tata Chemicals, through its subsidiary Tata Chemicals Europe, set up the UK's first industrial-scale carbon capture and usage plant. [13] The plant can capture 40,000 tonnes of carbon dioxide per annum. [13]

Plant locations

Tata Chemicals Europe plant in Winnington, UK Tata Chemicals Winnington Plant - geograph.org.uk - 4961491.jpg
Tata Chemicals Europe plant in Winnington, UK

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: Food Science & Technology, Advanced Materials, Green Chemistry, [15] Biochemicals, Metabolites, and Nutraceuticals. Other innovation centers include Rallis Innovation Chemistry Hub (RICH) and Metahelix Life Sciences in Bengaluru, and Tata Chemicals R&D Centre in Mithapur, Gujarat.

Product range

Rallis India

Rallis India is a subsidiary of Tata Chemicals, and is listed on both the National Stock Exchange and the Bombay Stock Exchange. [6] [7] Rallis India operates in the agriculture sector and has an India focused business, an international focused business, and a seeds business. [17] Both the India and international businesses focus on crop nutrition and crop protection products. [18] The international business also offers active ingredients, formulations and contract manufacturing services. [18]

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References

  1. ↑ "TATA CHEMICALS LIMITED". Zauba Corp.
  2. 1 2 3 4 5 "Tata Chemicals Share Price, Tata Chemicals Stock Price, Tata Chemicals LTD. Stock Price, Share Price, Live BSE/NSE, Tata Chemicals LTD. Bids Offers. Buy/Sell Tata Chemicals LTD. News & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes" (PDF).
  3. ↑ Br Natarajan. "BITS Pilani and Tata Chemicals Join Hands for HRD". Indiaprwire.com. Archived from the original on 21 July 2011. 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. Archived from the original on 3 October 2012. Retrieved 16 July 2010.
  6. 1 2 "About Rallis India Limited". rallis.com. Retrieved 18 April 2022.
  7. 1 2 "Rallis India History | Rallis India Information". The Economic Times. Retrieved 18 April 2022.
  8. ↑ "Chemicals with a capital sea". Tata.in. 1 April 2004. Archived from the original on 9 August 2016. Retrieved 4 June 2016.
  9. ↑ "Tatas acquire General Chemical of US for $1 b". Business Line. 1 February 2008. Retrieved 16 July 2010.
  10. ↑ "Tata plans to invest in lithium ion battery manufacturing in Gujarat". Business Line. 18 January 2019. Retrieved 16 July 2019.
  11. ↑ ET Bureau (11 August 2016). "Tata Group sells Urea business to Pune-based Yara Fertilizers India". The Economic Times. Retrieved 13 June 2022.
  12. ↑ PTI (15 May 2019). "Tata Group to consolidate FMCG Business; announces Tata Chemicals transfer to Tata Global Beverages". Business Today. Retrieved 14 June 2022.
  13. 1 2 Livemint (24 June 2022). "Tata Chemicals Europe opens UK's largest carbon capture plant". mint. Retrieved 26 June 2022.
  14. ↑ "Contact us". Tata Chemicals. 30 November 2008. Retrieved 16 July 2010.
  15. ↑ John, Satish (8 September 2009). "Tata Chemicals working on a green makeover". Mint .
  16. ↑ "Rallis". www.rallis.com. Retrieved 15 April 2022.
  17. ↑ "Rallis : Business Review". www.rallis.com. Retrieved 21 April 2022.
  18. 1 2 "Rallis Annual Report 2020-2021" (PDF). Rallis.com. 2021. p. 2. Retrieved 22 April 2022.
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