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Tata Chemicals Limited
Background
Tata Chemicals Ltd (Tata Chemicals) began operations as Okhamandal Salt
Works in 1927 and was taken over by the Tatas in 1937. In 1939, the company
was incorporated under its current name. In 1943, Tata Chemicals commenced
production of caustic soda, liquid chlorine, bleaching powder & other chemicals
and the following year commenced production of soda ash. In 2007, the company
forayed into vegetables and fruits distribution business in partnership with Total
Produce, Ireland. Tata Chemicals operates in two main businesses viz. Fertilisers
and Chemicals.
Business Profile
Tata Chemicals' fertiliser segment includes crop nutrition and agri-business while inorganic chemicals segment include
industrial chemicals and consumer products. Tata Chemicals' crop nutrition & agri business segment includes production
of fertilisers like urea, DAP and SSP, among others. It provides agri inputs through its retail network - Tata Kisan Sasar and
as on Mar 31, 2009 it operated around 600 retail outlets. The company has a JV which deals in distribution of fresh fruits
and vegetables. In its inorganic chemicals segment the company produces soda ash, sodium bicarbonate, STPP, cement
and consumer products like salt which is marketed under Tata Salt and I-Shakti brands. |
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It has an annual installed capacity of 440,000 MT of cement; 917,700 MT of soda ash; 70,000 MT of sodium bicarbonate
and 742,500 MT of urea. During FY09, the fertiliser business contributed around 56% to the revenues of the company.
As a part of its foray into bioduels segment, the company is setting up a bioethanol facility at Nanded in Maharashtra.
During FY09, the company acquired stake in Singapore based JOil Pte Ltd, promoted by Temasek Life Sciences Laboratory
(TLL), which is engaged in producing tissue culture seedlings of Jatropha. The company also has an exclusive arrangement
for marketing of JOil's seedlings in India and East Africa. |