Atul Ltd 2008-09

20 Bulk Chemicals & Intermediates Products Resorcinol Caustic | Chlorine Chlorsulphonic acid Sulphuric acid Sulphur trioxide Oleum 65% Oleum 25% Others Sales increased mainly because of higher selling prices triggered by a rise in the prices mainly of two key raw materials, namely, Sulphur and Benzene and in a small way due to higher volumes. The products made by the Division are used in varied Industries like Crop Protection, Dyestuff, Paper, Pharmaceutical, Textile and Tyre among others, and also for captive consumption. Many of these industries are shifting to Asia. The main competitors are based in India, China, the US and Japan. The Division enjoys an assured customer base given the captive consumption (which is increasing) and has leadership in selected products in India. Its plants are old with small capacities and will require upgradation and expansion involving a sizable investment. The Division is exploring the possibility of expanding its capacities and introducing selected value-added downstream products. It is hoping to grow in the export market. The Division faces stiff competition in some of its products from large manufacturers based in China, India, Japan and the US. 2007-08 2008-09 % change over 2007-08 Operating revenues (Rs crores) 71 81 13 Contribution to total operating revenues (%) 7 7 -