Aditya Birla Chemicals Overview
Company Headquarters: Mumbai, India
Founded: 1947
Workforce: 10,000
Company Working: Aditya Birla Chemicals (Aditya Birla) is a producer and distributor of specialty chemicals. It is the leading producer of epoxy resin across the globe. The company’s product portfolio includes epoxy resin, sulfites, peroxides, fluorine chemicals, phosphates & phosphoric acid, and chlorine derivatives. On 1 April 2015, Aditya Birla Chemicals (India) Limited ("ABCIL") merged with Grasim. The company operates as a subsidiary of Grasim Industries Limited. The company operates through five business segments—viscose, chemicals, cement, financial services, and others. The fiber and pulp business segment offers viscose staple fiber and wood pulp. The company manufactures epoxy resin under the chemical segment. The chemical segment also offers caustic soda and allied chemicals. The cement business segment offers grey cement, white cement, and allied products. The others segment mainly comprises textile business. Aditya Birla Chemicals manufactures high-quality epoxy that finds application in the construction, automotive, electronics, food and beverage, coatings, adhesives, energy, and aerospace industries. The chemical business has around 16 manufacturing sites located in India, Thailand, China, and Germany. In 2018, Aditya Birla invested USD 19.3 million in research and development.
Strategy
Aditya Birla has implemented a strategic planning process and continues to focus on capital allocation to maximize long-term shareholder value. Moreover, it aims at entering new domestic markets by making acquisitions to complement existing operations and divestitures of assets that are not consistent with assigned strategic goals.
