Atul Ltd expands Sulphur Black manufacturing capacity to 26,000 MTA - completes 70 years of operations

Atul Ltd (Atul) has recently completed the expansion of its Sulphur Black manufacturing facility - the production capacity will increase from 9,800 tonnes per annum to 26,000 tonnes per annum. Atul is one of the leading producers of Sulphur Black in the world. The state-of-the-art integrated plant will produce both, liquid as well as powder formulations. The automated packing and stacking system with zero manual intervention will further increase production efficiency. The plant will be equipped with a zero liquid discharge facility in line with the commitment of the Company towards sustainability. The products are GOTS approved and Oeko-Tex Standard 100 compliant.

Atul started its manufacturing operations 70 years ago on March 17, 1952, as a dyes manufacturer to meet the needs of the then growing textile industry and make the country self-reliant in its requirement of dyes. The first Sulphur Black plant of the Company was commissioned in 1952 and had a production capacity of 2,500 tonnes per annum. Sulphur Black production capacity has steadily grown in the last seven decades, catering to the Textile, Paper and Leather industries.

Atul is also one of the leading producers of Vat dyes in the world and offers a range of Reactive, Disperse, Acid and Direct dyes and some high performance pigments. Colors Business of the Company serves customers in about 40 countries with a diverse product portfolio.

Shares of Atul Limited was last trading in BSE at Rs. 9107.70 as compared to the previous close of Rs. 8600.95. The total number of shares traded during the day was 2896 in over 1368 trades.

The stock hit an intraday high of Rs. 9170.00 and intraday low of 8515.55. The net turnover during the day was Rs. 25582355.00.

Source : Equity Bulls

Keywords

AtulLimited INE100A01010 SulphurBlack CapacityIncrease