![]() | This article includes a list of general references, but it lacks sufficient corresponding inline citations .(January 2023) |
![]() | |
Company type | Public |
---|---|
NSE: EVEREADY BSE: 531508 | |
Industry | |
Founded | 1905 |
Headquarters | Kolkata, , India [1] |
Area served | India |
Products | |
Brands |
|
Owners | Burman family (38.38%) [2] |
Website | www |
Eveready Industries India Ltd. (EIIL) (originally known as Union Carbide India Limited (UCIL)) is an Indian company that manufactures and markets batteries and lighting products. The Eveready brand has been present in India since 1905. It also manufactures photogravure plates, castings, carbon electrodes and related products.
EIIL is the world's third largest producer of carbon zinc batteries, selling more than a billion units a year. EIIL is India's largest selling brand of dry cell batteries and flashlights (torches), with dominant market shares of about 46% and 85% respectively. [3] The Group's operating facilities are located at Kolkata, Bengaluru, Noida, Haridwar, Lucknow and Matia (Assam).
In February 2022, the Burman family, which held a 19.84% stake in Eveready, made an open offer to acquire an additional 26% stake for ₹604 crore. Following this, Chairman Aditya Khaitan and Managing Director Amritanshu Khaitan accepted the offer and resigned from the company. [4]
EIIL started its operation in India in 1905. The first dry cell batteries were imported from the US and sold in the major cities of the country. These batteries were primarily used in imported torches.
In 1939, the company set up its first battery plant in Kolkata. This was followed by another battery manufacturing plant in Chennai in the year 1952. A torch manufacturing plant was set up at Lucknow in 1958. Today it is one of the largest torch manufacturing plants in South East Asia. The plant manufactures a wide range of brass, aluminum, and plastic torches.
In 1969, the now infamous factory in Bhopal was opened.
By the time of the Bhopal Disaster in 1984, the company was ranked twenty-first in size among companies operating in India. It had revenues of Rs 2 billion (then equivalent to US$170 million). Fifty-one percent of the company (known at the time as UCIL) was owned by Union Carbide Corporation; remaining shares were held by 24,000 stockholders. Ten thousand people were employed in five operating divisions that manufactured batteries, carbon products, welding equipment, plastics, industrial chemicals, pesticides, and marine products. EIIL became part of the Williamson Magor Group through McLeod Russel Ltd in the latter half of 1994 following the sale of Union Carbide Corporation's stake in UCIL. UCIL is primarily a dry-cell battery manufacturer at the time, but as part of the Williamson Magor Group EIIL launched three brands of packet tea under the Greendale Brand umbrella – Tez, Jaago and Premium Gold. Coupled with EIIL's brands of packet tea are now easily available in most states in India. In 1997, the Eveready brand was extended to its packet tea business. McLeod Russel Ltd. eventually merged with Eveready Industries.
EIIL has the licence for the Eveready brand only in India, Bhutan and Nepal from Energizer Holdings, so it had to create a new brand for export to other markets where Energizer Holdings still has the rights to the Eveready brand. [5] The brand LAVA was launched in 1999. LAVA batteries and flashlights have been sold in Dubai, Bahrain, Jordan, Sudan, Egypt, Bangladesh, Mauritius, Sri Lanka, Azerbaijan, Mexico, US, Lebanon, Saudi Arabia, Ethiopia and Nigeria.
During the fiscal year 2002, the group sold its wholly owned subsidiaries Dufflaghur Investments Limited and Natex Investment and Marketing Limited.
In 2005, EIIL celebrated its 100 anniversary in India. That same year, EIIL separated its bulk tea business and de-merged as McLeod Russel. EIIL also acquired BPL Soft Energy System in 2005.
The Bhopal disaster took place in the early hours of the morning of 3 December 1984, in the heart of the city of Bhopal in the Indian state of Madhya Pradesh. A Union Carbide subsidiary pesticide plant released 40 tonnes of methyl isocyanate (MIC) gas, immediately killing nearly 3,000 people and ultimately causing at least 15,000 to 22,000 total deaths. Bhopal is frequently cited as one of the world's worst industrial disasters. [6] The International Medical Commission on Bhopal was established in 1993 to respond to the disasters.
Eveready Industries have business interests spreading across batteries, flashlights, lighting and packed Tea.
Batteries
Flashlights
Lighting
In 1992, Rediffusion Y&R, the agency on record, released the ‘Give me Red’ tagline that Eveready Industry continues to use. In 2004, Amitabh Bachchan was appointed as brand ambassador for two years, during which the agency came up with another ‘Give me Red’ campaign. In 2009 Eveready released an ad titled ‘Boxing’. [9]
Eveready Industries has launched an advertising campaign for Eveready Ultima Batteries. The animation team created controlled trails of light derived from light painting. Recognizable shapes were made with a torch and captured on a digital still camera. The film comprises over 3000 such photographs, played back quickly, one after the other, like in a flicker book. [10]
The Bhopal disaster or Bhopal gas tragedy was a chemical accident on the night of 2–3 December 1984 at the Union Carbide India Limited (UCIL) pesticide plant in Bhopal, Madhya Pradesh, India. In what is considered the world's worst industrial disaster, over 500,000 people in the small towns around the plant were exposed to the highly toxic gas methyl isocyanate (MIC). Estimates vary on the death toll, with the official number of immediate deaths being 2,259. In 2008, the Government of Madhya Pradesh paid compensation to the family members of 3,787 victims killed in the gas release, and to 574,366 injured victims. A government affidavit in 2006 stated that the leak caused 558,125 injuries, including 38,478 temporary partial injuries and approximately 3,900 severely and permanently disabling injuries. Others estimate that 8,000 died within two weeks, and another 8,000 or more have since died from gas-related diseases.
Uniross is a brand with presence mainly in Europe & UK markets. Founded in 1968 in Bristol, UK it primarily deals in manufacturing of consumer & industrial batteries, chargers & lighting products.
A flashlight (US) or electric torch (CE), usually shortened to torch, is a portable hand-held electric lamp. Formerly, the light source typically was a miniature incandescent light bulb, but these have been displaced by light-emitting diodes (LEDs) since the early 2000s. A typical flashlight consists of the light source mounted in a reflector, a transparent cover to protect the light source and reflector, a battery, and a switch, all enclosed in a case.
Union Carbide Corporation (UCC) is an American chemical company. UCC is a wholly owned subsidiary of Dow Chemical Company. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume commodities and others are specialty products meeting the needs of smaller markets. Markets served include paints and coatings, packaging, wire and cable, household products, personal care, pharmaceuticals, automotive, textiles, agriculture, and oil and gas. The company is a former component of the Dow Jones Industrial Average.
Eveready Battery Company, Inc. is an American manufacturer of electric battery brands Eveready and Energizer, owned by Energizer Holdings. Its headquarters are located in St. Louis, Missouri.
Energizer Holdings, Inc. is an American manufacturer and one of the world's largest manufacturers of batteries, headquartered in St. Louis, Missouri. It produces batteries under the Energizer, Ray-O-Vac, Varta, and Eveready brand names and formerly owned several personal care businesses until it separated that side of the business into a new company called Edgewell Personal Care in 2015.
Warren M Anderson was an American businessman who was the chair and CEO of the Union Carbide Corporation (UCC) at the time of the Bhopal disaster in 1984. He was charged with manslaughter by Indian authorities. In 1989 UCC paid $479 million dollars to the Indian government to settle litigation stemming from the disaster.
A Carbide lamp or acetylene gas lamp is a simple lamp that produces and burns acetylene (C2H2), which is created by the reaction of calcium carbide (CaC2) with water (H2O).
Union Carbide India Limited (UCIL) was a chemical company founded in 1934. UCIL employed 9,000 people. UCIL was 50.9% owned by Union Carbide and Carbon Corporation (UCC) located in the United States and 49.1% by Indian investors including the Government of India and government-controlled banks. UCIL produced batteries, carbon products, welding equipment, plastics, industrial chemicals, pesticides and marine products. A UCIL facility located in Bhopal, Madhya Pradesh was responsible for manufacturing various chemical products this primarily included pesticides. In 1984, a gas leak occurred at the UCIL plant in Bhopal, killing thousands of people, and harming victims by causing chronic illness. At the time of the disaster, UCIL was ranked twenty-first in size among companies operating in India. It had revenues of ₹2 billion.
Andrew Yule & Co. Ltd. is an Indian central public sector undertaking under the ownership of the Ministry of Heavy Industries, Government of India. It is currently headquartered in Kolkata, and has offices in the main Indian cities. The majority of the products and services offered by the cpsu's subsidiaries are related to heavy industry and engineering.
Sony Energy Devices Corporation, is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established on February, 1975 in Fukushima, Japan.
UCIL may refer to:
Eveready East Africa is a Kenyan manufacturer and marketer of battery brands. It is headquartered in Nairobi, while maintaining a plant in Nakuru, Kenya.
P. R. Mallory and Co Inc was a US producer of dry cell batteries, electronic components including electrolytic capacitors, and audible warning devices ("Sonalert"). It also was the parent firm of Mallory Batteries Ltd., an Irish producer of Ever Ready batteries. British Ever Ready had a large stake in it by World War II and had a close relationship with Mallory by the late 1960s.
The National Carbon Company was founded in 1886 by the former Brush Electric Company executive W. H. Lawrence, in association with Myron T. Herrick, James Parmelee, and Webb Hayes, son of U.S. President Rutherford B. Hayes, in Cleveland, Ohio. In 1890, National Carbon merged with Thomson-Houston, Standard Carbon, and Faraday Carbon.
A headlamp, headlight, or head torch (UK) is a light source affixed to the head typically for outdoor activities at night or in dark conditions such as caving, orienteering, hiking, skiing, backpacking, camping, mountaineering or mountain biking. Headlamps may also be used in adventure races. Headlamps are often used by workers in underground mining, search and rescue, surgeons, and by other workers who need hands-free directed lighting.
A lantern battery is a rectangular battery, typically an alkaline or zinc–carbon primary battery, used primarily in flashlights or lanterns. Lantern batteries are physically larger and consequently offer higher capacity than the more common flashlight batteries. Lantern batteries comprise multiple cells inside a housing.
Solar powered flashlights or solar powered torches are flashlights powered by solar energy stored in rechargeable batteries. Most of these flashlights use light-emitting diodes lamps since they have lower energy consumption compared to incandescent light bulbs.
McLeod Russel India Ltd is an Indian tea company. It is currently the world's largest tea growing company.
The Remember Bhopal Museum is a museum in Bhopal, Madhya Pradesh, India that commemorates the Bhopal disaster. It collects and exhibits artifacts and records of the affected communities. The museum was opened on 2 December 2014, the 30th anniversary of the disaster.