Top 10 Chemical Companies in India
Chemical companies of India are highly diversified, covering more than 80,000 commercial products. It is broadly classified into Bulk chemicals, Specialty chemicals, Agro-chemicals, Petrochemicals, Polymers and Fertilizers. Here you will find the list of top 10 chemicals companies of India.
Pidilite Industries Limited is an India-based adhesives manufacturing company. It was founded by Balvant Parekh in 1959. The companies headquarters are at Abdheri, Mumbai, India. Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, Dr. Fixit, Roff, Cyclo,Ranipal, Hobby Ideas, M-seal and Acron. FeviKwik is a popular cyanoacrylate based instant adhesive in the Indian Subcontinent. The company has manufacturing facilities in India, including Mahad (Maharashtra), Vapi (Gujarat), Baddi and Kala Amb (Himachal Pradesh). The company’s key people are Madhuri Parekh (Chairman) and Bharat Puri (MD).
Tata Chemicals Limited is an Indian global company with interests in chemicals, crop nutrition and consumer products headquartered in Mumbai, India. The company is one of the largest chemical companies in India with significant operations in India and Africa. Tata Chemicals is a subsidiary of Tata Group conglomerate. Their major products include Basic and industrial chemicals, nitrogenous and phosphatic fertilizers, industrial (re)finishing products, coatings and crop nutritions. The key person is Natarajan Chandrasekaran (Chairman). Tata Chemicals has the second largest soda ash production capacity plant in India. The company’s plant locations include Mithapur (Gujarat), Tuticorin (Tamil Nadu), Nanded (Maharashtra), Northwich, Cheshire (United Kingdom), Green River, Wyoming (United States), Magadi (Kenya).
UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers crop protection solutions. Headquartered in Mumbai, Maharashtra, the company engages in both agro and non-agro activities. The agro business is the company’s primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds and other agricultural related products. The non-agro segment includes the manufacture and marketing of industrial chemical and other non agricultural related products such as fungicides, herbicides, insecticides, plant growth and regulators, rodenticides, industrial and specialty chemicals, and nutrifeeds. UPL products are sold in 150+ countries. The Key people include Rajnikant Shroff (Chairman & MD) and Jaidev Shroff (CEO).
Gujarat Fluorochemicals Limited (GFL) is India’s largest producer (by volume) of chloromethanes, refrigerants and polytetrafluoro-ethylene (PTFE). GFL has two manufacturing facilities in Gujarat, a refrigerant plant at Ranjitnagar, and a PTFE facility at Dahej. It has two subsidiaries – Gujarat Fluorochemicals Americas LLC and Gujarat Fluorochemicals GmbH. The company’s Headquarters are at Inox Towers, Noida, Uttar Pradesh, India. The company was founded in 1987.
BASF India Ltd was founded in the year 1865. It is headquartered in Ludwigshafen, Germany. Its product range includes plastic, catalysts, crude oil, crop technology, natural gas, chemicals, performance chemicals etc. Their key production sites include Dahej (Gujarat), Manglore, Thane, Chennai, Ankleshwar (Gujarat). The company has a very attractive and catchy tagline “We Create Chemistry”. BASF has various operating sites in India which include Dahej, Mangalore (largest BASF site in South Asia), Thane (First production site of BASF in India), Chennai (BASF Catalysts India Private Limited) and Ankleshwar (BASF Paper Chemicals business).
Aarti Industries owns businesses across India engaged in large scale production of various chemicals like benzene intermediaries, pharmaceuticals, surfactants etc. Aarti is one of the leading suppliers to global manufacturers of Dyes, Pigments, Agrochemicals, Pharmaceuticals & rubber chemicals. Aarti is amongst the largest producers of Benzene-based basic and intermediate chemicals in India. It has corporate office in Mumbai along with representatives in the United States & Europe. Mr. Rajendra V Gogri is the Chairman & Managing Director of the company. The companies other subsidiaries include Aarti Corporate Services Ltd, Aarti Healthcare Ltd and Alchemie Europe Ltd. Aarti Industries has 16 manufacturing units in Vapi, Tarapur, Jhagadia, Dahej, Bhachau, Pithampur, Silvasa, Dombivali, Sarigam, mostly located close to the large ports of western India.
Gujarat Heavy Chemicals Limited (GHCL) mainly manufactures chemicals such as Soda Ash (Anhydrous Sodium Carbonate) that is a major raw material for Detergents & Glass industries and Sodium Bicarbonate (baking soda). GHCL Limited was incorporated on 14th of October 1983 and since then, it has established itself as a well-diversified group with a market capitalisation of almost Rs 3000 Crores. It has ascertained its footprints in Chemicals, Textiles and Consumer Products segments. The company has a Soda Ash manufacturing plant at Sutrapada in Gujarat with an installed production capacity of 975 Thousand MTPA. GHCL also has lignite mines at Khadsaliya in the Bhavnagar district of Gujarat to supply the raw material needed for the production of Soda ash. GHCL produces 60 Thousand MTPA of Sodium Bicarbonate which is an important raw material for industries like bakery, pharma, fire extinguisher manufacturing, cleaning agents etc.
India Glycols holds the distinction of being the only green petrochemical company of its kind. It is one of the leading manufacturers of glycols, ethoxylates and PEGs, performance chemicals, glycol ethers and acetates, natural gums and potable alcohol. IGL’s state-of-the-art, integrated facilities manufacture chemicals including glycols, ethoxylates, glycol ethers and acetates, and various performance chemicals. Its product range spans the chemicals, spirits, herbal and other phytochemical extracts and guar gum, industrial gases and realty sectors, and finds application across an increasing number of industries.
GACL is one of the largest producers of Caustic Soda in India, with a production capacity of 1087 TPD. From an initial capacity of 37,425 TPA Caustic Soda, GACL is one of the largest producer in India, with a capacity of 4,29,050 TPA. The company hold plants at Vadodara and Dahej both in Gujarat.
Atul Limited, was established on 15 September 1947. It was the first private sector industry inaugurated by Pandit Jawaharlal Nehru, the first prime minister of independent India. It was founded by Shri Kasturbhai Lalbhai and is a part of Lalbhai Group of industries. It’s a chemical conglomerate specializing in the production of over 900 products. The key people include Sunil Siddharth Lalbhai (CEO) and Gopi Kannan Thirukonda (CFO). The company’s headquarters are at a village named Atul in Valsad (Gujarat), it is spread over 1,300 acres of land. It is one of the greenest chemical complexes in the world and is guarded by the Parnera hill on one side and the Par river tributary on the other.
Atul Ltd is a diversified company meeting the needs of varied industries such as Aerospace, Adhesives, Agriculture, Animal Feed, Automobile, Composites, Construction, Cosmetic, Defence, Dyestuff, Electrical and Electronics, Flavour and Fragrance, Glass, Home Care, Paint and Coatings, Paper, Personal Care, Pharmaceutical, Plastic, Polymer, Rubber, Soap and Detergent, Textile and Tyre across the world. It produces various products in the field of bulk chemicals, intermediates, colors, aromatics, polymers, pharmaceuticals, and crop protection bulk actives. It is the solitary indigenous maker of the tissue culture date palm plants, up in Rajasthan utilizing overseas technology. It has approximately 3000 employees and 6000 customers at national as well as international level. As of March 2019 statistics, its turnover sums to Rs.3915.81 crores and the net profit to Rs.428.64 crores.
Chemical industries of India employs more than 2 million people each year. The Indian chemicals industry is projected to reach $ 304 bn by 2025. Indian ranks at 8th position in import of chemicals and 14th in export (Excluding Pharmaceuticals products) globally. Hence in the coming years, how these chemical companies shape the chemical sector of India will of core interest to watch.