Atul Ltd 2008-09

| Annual Report 2008-09 23 Polymers Products Epoxy Resins Others Sales remained almost stagnant during the year, mainly because of poor exports to Europe and due to the non-availability of products consequent to a fire accident in the main plant. Brand sales registered a good growth. The products made by the Division are used mainly by the Construction and Paint & Coatings Industries. There are large capacities installed by established companies operating world-wide, most of whom are well integrated. In India, there are two large producers, and the Division happens to be one of them. The Division is well established in the domestic marketplace in terms of quality and reach. Though a large producer in India, it has a small capacity compared to world standards. The Division is exploring new products based on synergy and strengths. The competition is from within India and outside. 2007-08 2008-09 % change over 2007-08 Operating revenues (Rs crores) 192 194 1 Contribution to total operating revenues (%) 19 16 (3)