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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

operations. One such project to recover methanol

vapours from vent gases was successfully

commissioned in one of its Divisions. It is a patented

technology from a manufacturer in Europe. Other

projects to recover various by-products from waste

streams have helped reduction in pollution and

at the same time improve profit. As a result of

vigorous efforts towards implementation of cleaner

production technologies, it was given a ‘Certificate

of Appreciation’ from the Government of Gujarat.

Through involvement of all levels, the Company

considerably improved its house-keeping during the

year. Systems were put in place to maintain house-

keeping as a year round activity.

Environment Laboratory at Valsad site was upgraded

to make it a state of the art laboratory. The amount

was mostly spent on developing infrastructure in

the existing facility. Two scrubbing systems were

installed in the main ETP at Valsad site to make the

place dust and smell free. Substantial amount has

been allocated to ensure hygiene at work place, in

all new projects or projects under implementation.

A new emergency control center was developed in

the manufacturing area equipped with latest audio

visual aids.

The Company has installed online ambient air

monitoring station to monitor level of pollutants

online, round the clock. It will be the first company

in Gujarat to have such type of advance instrument

facility. Being a responsible care company, it has

proactively conducted various surveys and audits

like Bio-monitoring of river Par, Fire audit, Health

monitoring of employees associated with Phosgene

and Quantitative risk assessment of eight major

hazardous chemicals. As a new initiative and

proactive measure, it has started regular training

to the drivers coming to its manufacturing sites,

who carry hazardous goods. This initiative will also

help in reducing the number of accidents involving

chemicals on the road.

The Company is preparing for registration of its

chemicals in European Chemical Agency as per

the deadline promulgated in REACH (Registration,

Evaluation, Authorisation and Restriction of

Chemicals) legislation of European Union. Some

of its products are required to be registered within

the first deadline of November 2010. It is working

for joint registration along with other companies

manufacturing similar products.