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{{short description|Indian chemical company}}
{{Short description|Indian chemical company}}


{{Promotional|date=May 2025}}
{{Use dmy dates|date=April 2018}}
{{Use dmy dates|date=April 2018}}
{{Use Indian English|date=April 2018}}
{{Use Indian English|date=April 2018}}
{{Infobox company
{{Infobox company
| name = Atul Limited
| name = Atul Limited
| logo = Atulnew.png
| logo = Atul logo.svg
| logo_size = 200px
| logo_size = 200px
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{ubl|{{BSE|500027}}|{{NSE|ATUL}}}}
| traded_as = {{ubl|{{BSE|500027}}|{{NSE|ATUL}}}}
NIFTY MIDCAP 150 Constituent
| ISIN = {{ISIN|INE100A01010}}
NIFTY MIDSMALLCAP 400 Constituent
| industry = [[Chemical industry]]
NIFTY LARGEMIDCAP 250 Constituent
| founded = 5 September 1947
NIFTY 500 Constituent
| founder = [[Kasturbhai Lalbhai]]<br>{{small|([[Founder CEO|Founder]])}}
INE100A01010
| hq_location = [[Atul, Gujarat|Atul]], [[Valsad district]], [[Gujarat]], [[India]]
| industry = Chemicals
| area_served = Worldwide
| foundation = 5 September 1947
| key_people = Sunil Siddharth Lalbhai (Chairman and MD), Gopi Kannan Thirukonda (CFO)
| founder = [[Kasturbhai Lalbhai]]
| revenue = {{INRConvert|5583|c}}
| location_city = Atul 396020, [[Gujarat]]
| operating_income = {{INRConvert|692|c}}
| location_country = India
| net_income = {{INRConvert|499|c}}
| key_people = {{ubl|Sunil Siddharth Lalbhai (Chairman and Managing Director)|Gopi Kannan Thirukonda (Chief Financial Officer)}}
| assets = {{INRConvert|7001|c}}
| products = Life science chemicals, performance and other chemicals
| equity = {{INRConvert|5662|c}}
| revenue = {{loss}} ₹ 3,616 crore (US$ 487 million) (2021)
| num_employees = 4,341 (as on March 31, 2025)
| operating_income = {{profit}}₹830 crore (US$ 112 million) (2021)
| parent = Lalbhai Group
| net_income = {{loss}}₹ 631 crore (US$ 85 million) (2021)
| website = {{URL|https://www.atul.co.in}}
| assets = {{profit}} ₹4,587 crore (US$ 624 million) (2021)
| equity = {{profit}} ₹ 3,711 crore (US$ 505 million) (2021)
| num_employees = 2,907 (March 31, 2020)
| homepage = {{URL|http://www.atul.co.in/}}
| footnotes = [https://www.bseindia.com/bseplus/AnnualReport/500027/5000270320.pdf]
[https://archives.nseindia.com/corporate/ResultsForSEs_30042021140458.pdf]
[https://www.moneycontrol.com/india/stockpricequote/chemicals/atul/A06#sec_newsv]
[https://economictimes.indiatimes.com/atul-ltd/infocompanyhistory/companyid-14027.cms]
[https://www.moneycontrol.com/india/stockpricequote/chemicals/atul/A06]
| parent = [[Lalbhai Group]]
}}
}}


Founded by Mr [[Kasturbhai Lalbhai]] on September 5, 1947 in India,<ref name=":0">{{Cite web|title=A story of 70 years: Atul serving diverse industries, touching lives with quality products, services|url=https://www.aninews.in/news/business/business/a-story-of-70-years-atul-serving-diverse-industries-touching-lives-with-quality-products-services20210326155659/ |date=26 March 2021|access-date=2021-05-04|website=ANI News|language=en}}</ref> '''Atul''' Ltd (Atul) is an integrated chemical company.<ref name=":1">{{Cite web|title=Ideas For Profit {{!}} Atul Industries - Company On Strong Footing; Accumulate|url=https://www.moneycontrol.com/news/business/moneycontrol-research/ideas-for-profit-atul-industries-company-on-strong-footing-accumulate-3702021.html|access-date=2021-05-04|website=Moneycontrol}}</ref> The Company manufactures 900 products and 400 formulations<ref>{{Cite web|title=Atul Ltd - A Chemical Company with Clean Management|url=https://finmedium.com/2020/10/atul-ltd-analysis/|access-date=2021-05-04|website=FinMedium|language=en-US}}</ref> and owns 140 retail brands.<ref name=":0"/> It serves 4,000 customers belonging to 30 diverse industries<ref name="atulabout"/> and has established subsidiary companies in the US, the UK, the UAE, China and Brazil<ref>{{Cite web|date=2020-02-14|title=Top 10 Chemical Companies in India|url=https://indiancompanies.in/top-10-chemical-companies-in-india/|access-date=2021-05-04|website=IndianCompanies.in|language=en-US}}</ref> to serve its customers.
'''Atul Limited''' is an Indian [[chemical industry|chemical]] manufacturing company headquartered in [[Atul, Gujarat|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]].<ref name="ANI2021">{{Cite web|date=26 March 2021|title=A story of 70 years: Atul serving diverse industries, touching lives with quality products, services|url=https://www.aninews.in/news/business/business/a-story-of-70-years-atul-serving-diverse-industries-touching-lives-with-quality-products-services20210326155659/|access-date=2021-05-04|publisher=ANI News}}</ref><ref name="INDIANCOMPANIES">{{Cite web|title=Top 10 Chemical Companies in India|url=https://indiancompanies.in/top-10-chemical-companies-in-india/|access-date=2021-05-04|publisher=IndianCompanies.in}}</ref><ref name=dd>{{cite book |last1=Jones |first1=Geoffrey |title=Deeply Responsible Business: A Global History of Values-Driven Leadership |date=21 March 2023 |publisher=Harvard University Press |isbn=978-0-674-91653-1 |pages=175 |url=https://books.google.com/books?id=ro-kEAAAQBAJ&dq=ATUL+LALBHAI&pg=PA175 |access-date=13 May 2025 |language=en}}</ref><ref>{{cite book |last1=Piramal |first1=Gita |title=Smart Leadership: Insights for CEOs |date=8 December 2005 |publisher=Penguin UK |isbn=978-81-8475-118-5 |url=https://books.google.com/books?id=OYEtAAAAQBAJ&dq=ATUL+LALBHAI&pg=PT19 |access-date=13 May 2025 |language=en}}</ref><ref>{{cite book |last1=Purohit |first1=Devesh |title=Theory of Reference Building - Legacy Matrix: An innovative IP for Public Relations and Brand Management |date=4 February 2024 |publisher=OrangeBooks Publication |pages=94 |url=https://books.google.com/books?id=vTDyEAAAQBAJ&dq=ATUL+INAUGURATED+NEHRU&pg=PA94 |access-date=13 May 2025 |language=en}}</ref><ref>{{cite book |title=Dataquest: DQ. |date=1991 |publisher=Cyber Media (India), 1991 |pages=104 |edition=1991 |url=https://books.google.com/books?id=x1cTAQAAMAAJ&q=ATUL+LALBHAI+1947%0D%0A+1947 |access-date=13 May 2025}}</ref><ref>{{cite book |title=The Textile Magazine, Volume 37, Issues 7-12 |date=1996 |pages=64 |url=https://books.google.com/books?id=vOfxAAAAMAAJ&q=ATUL+LALBHAI+1947%0D%0A+1947 |access-date=13 May 2025}}</ref><ref>{{cite book |title=Encyclopaedia of India: Gujarat |pages=226 |edition=1992 |url=https://books.google.com/books?id=c_NtAAAAMAAJ&q=ATUL+LALBHAI+1947%0D%0A+1947 |access-date=13 May 2025 |last1=Chopra |first1=Pran Nath |date=1992 }}</ref><ref>{{cite book |title=The Far East and Australasia |date=2002 |publisher=Europa Publications |pages=508 |edition=2003 |isbn=978-1-85743-133-9 |url=https://books.google.com/books?id=LclscNCTz9oC&q=ATUL+LALBHAI+1947+++1947&pg=PA508 |access-date=13 May 2025}}</ref><ref>{{cite book |title=American Shadow Over India |date=1956 |publisher=L. Natarajan |pages=73 |edition=1956 |url=https://books.google.com/books?id=Ze4iAAAAMAAJ&q=ATUL+LALBHAI+1947%0D%0A+1947 |access-date=13 May 2025}}</ref><ref>{{Cite journal |last1=Rajmohan |first1=K. |last2=Mohanan |first2=B.N. |last3=Batra |first3=A.M. |date=December 2010  |title=Data palm development mission of Atul Ltd. in India |url=https://www.actahort.org/books/882/882_31.htm |journal=Acta Horticulturae |issue=882 |pages=289–292 |doi=10.17660/actahortic.2010.882.31 |issn=0567-7572|url-access=subscription }}</ref>{{Excessive citations inline|date=May 2025}}
 
The first manufacturing site of the Company in Atul, Gujarat is spread over 1,250 acres.<ref name=":3">{{Cite web|title=Atul Ltd Growing Business with Social Purpose since Independence|url=https://www.aninews.in/news/business/business/atul-ltd-growing-business-with-social-purpose-since-independence20210106152232/|date=6 January 2021|access-date=2021-05-04|website=ANI News|language=en}}</ref> The company has its registered office in Ahmedabad and head office at Atul, both in Gujarat, India.
 
Its shares are listed both at National Stock Exchange and Bombay Stock Exchange.<ref>{{Cite web|title=Atul Ltd. Share Price Today, Stock Price, Live BSE/NSE Prices and News for Atul Ltd. {{!}} Bloomberg-Quint|url=https://www.bloombergquint.com/stock/248522/atul|access-date=2021-05-04|website=www.bloombergquint.com}}</ref>
 
== History ==
1947: Incorporated by Kasturbhai Lalbhai as the first private sector company of independent India to be inaugurated by its first Prime Minister<ref name=":0" />
 
1947: Established a joint venture (JV) with American Cyanamid Company of the US, Cyanamid India Ltd, to produce crop protection chemicals and pharmaceuticals<ref name=":0" />
 
1955: Established a JV with Imperial Chemical Industries (ICI) plc of the UK, Atic Industries Ltd (Atic), to produce textile dyestuffs<ref name=":0"/>
 
1960: Established a JV with Ciba-Geigy Ltd (Ciba-Geigy)<ref name=":3"/> of Switzerland, Cibatul Ltd (Cibatul), to produce epoxy resins and curing agents.<ref name=":0"/>
1967: Started to manufacture phenoxy herbicides and in subsequent years added more products to the range<ref>{{Cite web|title=Atul: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Atul - NDTV|url=https://www.ndtv.com/business|access-date=2021-05-04|website=www.ndtv.com|language=en}}</ref>
 
1978: Set-up Atul Rural Development Fund to formalize programs undertaken since inception related to serving society.<ref name=":3" />
 
1985: Acquired controlling interest in Piramal Rasayan Ltd engaged in the production of dye-intermediates and renamed Amal Ltd.<ref name=":0"/>
 
1988: Acquired loss-making Gujarat Aromatics Ltd through a reverse merger and got its second production site in Ankleshwar.<ref name=":0"/>
 
1996: Merged Atic after the JV partner ICI PLC exited.<ref name="atulheritage">{{Cite web|title=Heritage {{!}} Atul|url=https://www.atul.co.in/about/heritage|access-date=2021-05-04|website=Atul Ltd|language=en-US}}</ref>
 
1997: Established a wholly owned subsidiary company, Atul Bioscience Ltd, to produce Active Pharmaceutical Ingredients (APIs) and their intermediates.<ref name="atulheritage"/>
 
1999: Merged Cibatul after the JV partner Ciba-Geigy exited. <ref name="atulabout">{{Cite web|title=About {{!}} Atul|url=https://www.atul.co.in/about/|access-date=2021-05-17|website=Atul Ltd|language=en-US}}</ref>
 
2009: Established a JV with the Government of Rajasthan, Atul Rajasthan Date Palms Ltd, to produce tissue culture raised date palms for the first time in India.<ref name="atulabout"/>
 
2010: Acquired Anchor Adhesives Pvt Ltd which owned Polygrip, a leading Rubber and Polyurethane based adhesive brand in India.<ref>{{Cite web|date=2010-06-24|title=Atul acquires India's leading Rubber & PU based adhesive brand Polygrip|url=https://equitybulls.com/admin/news2006/news_det.asp?id=76233|access-date=2021-05-04|website=EquityBulls}}</ref>
 
2011: Acquired DPD Ltd in the UK engaged in the production of tissue culture raised date palms.<ref>{{Cite web|title=Acquisition|url=https://www.thehindubusinessline.com/companies/announcements/others/article2369172.ece|access-date=2021-05-16|website=@businessline|language=en}}</ref>
 
2011: Established a JV with Rudolf GmbH of Germany, Rudolf Atul Chemicals Ltd, to produce textile chemicals.<ref name=":1" />
 
2017: Established a JV with Nouryon of the Netherlands, Anaven LLP, to produce MCA.<ref>{{Cite web|last=cosmeticsdesign-asia.com|title=AkzoNobel and Atul gear up for 2019 Indian production plans|url=https://www.cosmeticsdesign-asia.com/Article/2017/05/22/AkzoNobel-and-Atul-gear-up-for-2019-Indian-production-plans|access-date=2021-05-16|website=cosmeticsdesign-asia.com|language=en-GB}}</ref>
 
2019: Acquired a manufacturing site for Atul Bioscience Ltd at Ambernath, Maharashtra.<ref>{{Cite web|title=Atul Ltd. enters 70th year of Operations|url=https://www.aninews.in/news/business/business/atul-ltd-enters-70th-year-of-operations20210317150819/ |date=17 March 2021 |access-date=2021-05-04|website=ANI News|language=en}}</ref>
 
== Products ==
Atul manufactures 900 products and 400 formulations. It also owns around 140 brands. The prominent products manufactured by Atul include:
 
* ''para-''Cresol, ''para''-Anisic aldehyde, ''para''-Cresidine
* Resorcinol formaldehyde resins, 1,3 Cyclohexanedione
* Vat Green 1, Vat Red 10, Vat Brown 1, Sulphur black, Pigment Red 168, Pigment Yellow 139
* 2,4-Dichloro phenoxy acid and its derivatives, Chlorimuron ethyl, Isoprothiolane, Indoxacarb,  Propoxur,  Sulfosulfuron
* APIs - Venlafaxine HCl,  Desvenlafaxine succinate, Valacyclovir HCl,  Acyclovir, Fluconazole
* API intermediates - Phenyl chloroformate and CBZ-L-valine
* 3,3’ and 4,4’ Diaminodiphenyl sulphone
* Multi-functional resins (tri-functional and tetra functional), epoxy systems for infusion, hand layup and adhesives for wind turbine blades, epoxy phenol novolac resins
* Reactive diluents (aliphatic, aromatic, mono, di and tri functional) <ref name=":0" />
 
== Operations ==
 
Atul is headquartered at Atul in Valsad district in Gujarat, India. It has its registered office in Ahmedabad, Gujarat. It also has offices in Ahmedabad, Mumbai, New Delhi, Thane and other parts of India. It has manufacturing facilities in Ankleshwar, Atul and Panoli in Gujarat and Tarapur in Maharashtra in India. The Group companies have production facilities in Ambernath, Ankleshwar and Atul in Gujarat, India and Bristol in the United Kingdom.<ref name=":3"/> The joint venture companies have production facilities in Atul in Gujarat and Jodhpur in Rajasthan, India.
 
The company has presence in 90 countries and wholly owned subsidiary companies in Brazil (São Paulo), China (Shanghai), the UAE (Dubai), the UK (Wilmslow) and the USA (Charlotte).<ref>{{Cite journal|last=Ltd.|first=Atul|date=2021-04-05|title=BSE Report|url=https://www.bseindia.com/bseplus/AnnualReport/500027/5000270320.pdf|journal=BSE Report}}</ref>
 
== Philanthropy ==
Atul is engaged in serving society particularly in the fields of national priorities like education, empowerment and health, amongst others, which are carried out with the support of its companies and trusts. Atul Foundation was set up in 2011 as an umbrella trust.
 
=== Education ===
Kalyani Shala was set up in 1953 for providing quality and affordable education to children living in Atul and surrounding towns and villages. It offers classes from kindergarten to 12 and the medium of instruction is Gujarati. It has 1,800 students.<ref name=":3"/>
 
Atul Vidyalaya was set up in 1991. It is providing quality education to children living in Atul and surrounding towns and villages. It offers classes from kindergarten to 12 and the medium of instruction is English. It has 1,200 students.<ref name=":3"/>
 
Atul Vidyamandir, a residential school for tribal students, was set up in 2009 based on the public-private partnership model with the Government of Gujarat.  It offers classes from 6 to 12 and the medium of instruction is Gujarati. It has 380 students.<ref name=":3"/>
 
=== Empowerment ===
Urmi Stree Sanstha was established in 1953 to empower women from nearby villages. It is engaged in production and supply of pure and traditionally prepared spices.<ref name=":3"/>


Atul Institute of Vocational Excellence, a residential institute to impart skills to tribal youth, was set up in 2011 based on the PPP model with the Government of Gujarat. It offers 11 courses and the medium of instruction is Gujarati. It trains 1,000 students per year.<ref name=":3" />
Atul has diversified itself into a chemical [[Conglomerate (company)|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.<ref name=70c/> The company has established 41 operating subsidiary, a joint venture and associate entities over the seven decades.<ref name=70c>{{cite news |title=Atul Ltd. enters 70th year of Operations |url=https://www.business-standard.com/content/press-releases-ani/atul-ltd-enters-70th-year-of-operations-121031700805_1.html |access-date=13 May 2025 |agency=Business Standard |date=17 March 2021 |archive-date=22 April 2021 |archive-url=https://web.archive.org/web/20210422030542/https://www.business-standard.com/content/press-releases-ani/atul-ltd-enters-70th-year-of-operations-121031700805_1.html |url-status=live }}</ref><ref>{{cite news |title=Siddharth Kasturbhai Lalbhai's Atul entering 70th year of operations |url=https://www.businessworld.in/article/siddharth-kasturbhai-lalbhais-atul-entering-70th-year-of-operations-372824 |access-date=13 May 2025 |work=BW Businessworld |date=2 February 2021 |language=en}}</ref><ref name="ANI2021"/>


Atul has adopted four industrial training institutes (ITI) for upgradation – ITI Khergam, ITI Sagbara, ITI Ankleshwar and ITI Biliomora based on the PPP model with the Government of Gujarat.<ref name=":3"/>
Atul is the largest producer of [[Cresol|para Cresol]], para-anisic, aldehyde and para-anisic alcohol in the world with almost 55% of total global capacity at a single location.<ref>{{Cite news |title=United Nations Industrial Development Organization (UNIDO) RECP Experiences in M\/s. Atul Limited (Aromatic Division). |url=https://downloads.unido.org/ot/46/86/4686108/SCHWAGER_ENV_IRE_IND_2015_100050_001.pdf |access-date=13 May 2025}}</ref>


Atul Foundation through its implementing agencies undertakes various training programs to train ~300 women every year from nearby villages in beauty and styling, garment making, handicraft and soft toy making and beauty. Women are also trained as teachers of village schools.<ref name=":3" />
Atul also manufactures many pharmaceuticals and drugs and it is the first company in India to manufacture [[Dapsone]].<ref name=ph>{{cite news |agency=Business Standard |title=Atul Ltd receives USFDA's approval for Dapsone facility |date=17 January 2015 |url=https://www.business-standard.com/content/b2b-pharma/atul-ltd-receives-usfda-s-approval-for-dapsone-facility-115011700275_1.html |access-date=17 May 2025}}</ref>


=== Health ===
In 2024 Atul village developed by Atul and with help of its Atul Foundation got the Platinum Green Village certification.<ref>{{cite news |title=Atul village received Platinum Green Village certification |url=https://www.business-standard.com/markets/capital-market-news/atul-village-received-platinum-green-village-certification-124060800314_1.html |access-date=13 May 2025 |date=8 January 2024}}</ref>
Atul organises various health camps, which benefit 5,000 less privileged people every year. Atul has so far constructed 5,500 household toilets.<ref name=":3"/>


Atul Foundation takes up relief measures and reaches out to disaster affected people | communities. It also tries to improve rural infrastructure by renovating | building better amenities such as roads, streetlights, water facilities, schools and anganwadi structures.<ref name=":3"/>
==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.<ref name=dd/> 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.<ref name="CHEMWEEK">{{Cite journal|title=Joint Ventures in Indian Chemical Industry|journal=Chemical Weekly|date=20 March 1965|pages=45–48}}</ref>{{full citation needed|date=May 2025}}<ref>{{cite book |title=Penguin-CNBC TV18 Business YRBK10 |date=August 2010 |publisher=Derek O'Brien |pages=116 |edition=2010 |isbn=978-0-14-341419-3 |url=https://books.google.com/books?id=E1_97rguSuAC&q=ATUL+LALBHAI+1947+++1947&pg=PA116 |access-date=13 May 2025}}</ref>


== Employees ==
==See also==
As of March 31, 2020, the company has 5,370 employees, 2,463 of whom are temporary, contractual or casual employees. The company has 2,907 permanent employees, of which 115 are women (4%) and six are differently abled (0.2%).<ref name=":3"/>
* [[Chemical industry in India]]
* [[Pharmaceutical industry in India]]
* [[Kasturbhai Lalbhai]]


== References ==
==References==
{{Reflist}}
{{Reflist}}
{{Lalbhai Group}}


[[Category:Chemical companies of India]]
[[Category:Chemical companies of India]]
[[Category:Manufacturing companies based in Ahmedabad]]
[[Category:Manufacturing companies based in Ahmedabad]]
[[Category:Indian companies established in 1947]]
[[Category:Indian companies established in 1947]]
[[Category:Lalbhai Group]]
[[Category:Chemical companies established in 1947]]
[[Category:Chemical companies established in 1947]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Family-owned companies of India]]
[[Category:Lalbhai Group]]
[[Category:Lalbhai family]]

Latest revision as of 05:18, 27 January 2026


Template:Promotional

Atul Limited
Traded as
ISINTemplate:ISIN
IndustryChemical industry
Founded5 September 1947
Founder(s)Kasturbhai Lalbhai
(Founder)
HeadquartersAtul, Valsad district, Gujarat, India
Area served
Worldwide
Key people
Sunil Siddharth Lalbhai (Chairman and MD), Gopi Kannan Thirukonda (CFO)
Revenue₹5,583 crore (US$780 million)
₹692 crore (US$97 million)
₹499 crore (US$70 million)
Total assets₹7,001 crore (US$980 million)
Total equity₹5,662 crore (US$790 million)
Number of employees
4,341 (as on March 31, 2025)
ParentLalbhai Group
Websitewww.atul.co.in

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.[1][2][3][4][5][6][7][8][9][10][11][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.[12] The company has established 41 operating subsidiary, a joint venture and associate entities over the seven decades.[12][13][1]

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.[14]

Atul also manufactures many pharmaceuticals and drugs and it is the first company in India to manufacture Dapsone.[15]

In 2024 Atul village developed by Atul and with help of its Atul Foundation got the Platinum Green Village certification.[16]

History[edit | edit source]

Atul was incorporated on 5 September 1947 by Kasturbhai Lalbhai. The manufacturing plant at Atul village inaugurated by Prime Minister Jawaharlal Nehru in 1952.[3] 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.[17][full citation needed][18]

See also[edit | edit source]

References[edit | edit source]

  1. ↑ 1.0 1.1 "A story of 70 years: Atul serving diverse industries, touching lives with quality products, services". ANI News. 26 March 2021. Retrieved 4 May 2021.
  2. ↑ "Top 10 Chemical Companies in India". IndianCompanies.in. Retrieved 4 May 2021.
  3. ↑ 3.0 3.1 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.
  4. ↑ Piramal, Gita (8 December 2005). Smart Leadership: Insights for CEOs. Penguin UK. ISBN 978-81-8475-118-5. Retrieved 13 May 2025.
  5. ↑ 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.
  6. ↑ Dataquest: DQ (1991 ed.). Cyber Media (India), 1991. 1991. p. 104. Retrieved 13 May 2025.
  7. ↑ The Textile Magazine, Volume 37, Issues 7-12. 1996. p. 64. Retrieved 13 May 2025.
  8. ↑ Chopra, Pran Nath (1992). Encyclopaedia of India: Gujarat (1992 ed.). p. 226. Retrieved 13 May 2025.
  9. ↑ The Far East and Australasia (2003 ed.). Europa Publications. 2002. p. 508. ISBN 978-1-85743-133-9. Retrieved 13 May 2025.
  10. ↑ American Shadow Over India (1956 ed.). L. Natarajan. 1956. p. 73. Retrieved 13 May 2025.
  11. ↑ 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.
  12. ↑ 12.0 12.1 "Atul Ltd. enters 70th year of Operations". Business Standard. 17 March 2021. Archived from the original on 22 April 2021. Retrieved 13 May 2025.
  13. ↑ "Siddharth Kasturbhai Lalbhai's Atul entering 70th year of operations". BW Businessworld. 2 February 2021. Retrieved 13 May 2025.
  14. ↑ "United Nations Industrial Development Organization (UNIDO) RECP Experiences in M\/s. Atul Limited (Aromatic Division)" (PDF). Retrieved 13 May 2025.
  15. ↑ "Atul Ltd receives USFDA's approval for Dapsone facility". Business Standard. 17 January 2015. Retrieved 17 May 2025.
  16. ↑ "Atul village received Platinum Green Village certification". 8 January 2024. Retrieved 13 May 2025.
  17. ↑ "Joint Ventures in Indian Chemical Industry". Chemical Weekly: 45–48. 20 March 1965.
  18. ↑ Penguin-CNBC TV18 Business YRBK10 (2010 ed.). Derek O'Brien. August 2010. p. 116. ISBN 978-0-14-341419-3. Retrieved 13 May 2025.
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