Atul Ltd 2012-13

Atul Ltd | Annual Report 2012-13 Our Company has immense hidden potential; we are committed to realise it on the one hand with the knowledge and application of science and technology and on the other by increasing our breadth and depth in the marketplace. We have also commenced putting in place several Standard Operating Procedures so as to encapsulate and institutionalise the improvements achieved over time. ¾ Made the process of identifying Key Initiatives more objective and less time consuming ¾ Changed Variable Pay Scheme so that higher management earns proportionately more through variable pay and less through ‘fixed’ increment and vice versa ¾ Simplified 360 degree feedback and for the first time introduced it for middle management People ¾ Decreased (gaseous) emissions in 3 products by 50% on an average ¾ Decreased (liquid) effluents in 8 products by 15% on an average ¾ Decreased (solid) waste in 1 product by 40% Environment ¾ Increased yields of 27 products by 2% on an average ¾ Increased recovery of solvents in 30 products by 6% on an average ¾ Decreased water consumption in 9 products by 24% on an average Technology and Manufacturing Operational Highlights No problem can withstand the assault of sustained thinking. - Francois-Marie Arouet