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Corporate Identity Serving Diverse Industries Purpose and Values Overview by the Chairman Operational Highlights Financial Analysis
Research and Technology
Safety, HealthandEnvironment Serving the Society Directors’ Report Management Discussion andAnalysis Report on Corporate Governance Financial Statements
Research and Technology are two of the
core foundations on which Atul will drive its
performance and build its future. Supporting normal
manufacturing, improving existing processes,
reducing gaseous, liquid and solid wastes,
introducing new products and enhancing people
productivity are the key focus areas to which the
people of the Company are fully committed.
During the year, the Company undertook several
initiatives in which Manufacturing, Research and
Technology people with togetherness achieved
further progress in the above areas some of which
are highlighted on pages 10 and 11.
The Company is building a state-of-the-art R&D
centre for Pharmaceuticals and Intermediates
Division which is expected to be ready during
2010-11. APIs and their intermediates have good
potential, offer higher margins and have synergy
with the existing operations. The new R&D centre
will help introduce new products which have been
identified by the Division.
It may be worthwhile to mention that using Research
and Technology it is possible to increase the current
manufacturing capacities of many products with
relatively small investments, the impact of which on
sales and profit can be significant.