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Tata Chemicals Live Stock Rates & Online Stock Prices

Tata Chemicals, established in 1939, is one of India`s leading manufacturers of inorganic chemicals and fertilisers. It has an annual turnover of over Rs 35,042 million and is a part of the USD 14.25 billion Tata Group. The company operates in two segments, fertilisers and inorganic chemicals.

The fertilisers segment consists of urea, phosphoric fertilisers and other agricultural inputs. Inorganic chemicals segment includes soda ash, salt, marine chemicals, caustic soda, cement and bulk chemicals. Its products have numerous end-use applications in a variety of industries.

The company is the world`s third largest soda ash producer with a combined capacity of 3 million tons and a market share of 30.8%. It has a capacity of generating over 2 million tonnes of solar salt, used for almost all the 27 basic chemicals that it produces. TCL is also the market leader in the branded, iodized salt category, where it operates under the brand name, Tata Salt. It has installed capacity of 9,69,307 tonnes per year for urea, which constitutes nearly 12% of the total urea produced in the country.

TCL is planning to set up a soda ash unit near Lake Natron, Tanzania. This will be TCL`s second unit in the African belt, following the indirect buyout of Kenya-based Magadi soda. TCL is also planning to foray into the business of flavored salt. It will produce the flavored salt in India and export it to Southeast Asia, the Middle-East and Europe.

In 2007, it entered the fruits and vegetables distribution business by setting up Khet-Se Agriproduce India, a 50:50 joint venture in partnership with Total Produce of Ireland, the world's third largest fresh produce distribution company. In 2008, Tata Chemicals acquired General Chemical Industrial Products, one of the largest soda ash manufacturers in the US. With this, TCL's global soda ash capability stands at around 5.5 million metric tonnes per annum.

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