Strategic Priorities
Strategic Priorities for sustained Value Creation
We are a leading chemical player in the domestic market as well as have a growing presence in the international market. As we intend to strengthen our market leading position in an external environment marked by rising shift in supply chain from China to India, we will need to expand our manufacturing capacities, and continue our drive for operational excellence. Our strategic priorities directed towards this will enable us to ensure sustained value creation.
- Greenfield land development at Dahej and brownfield expansion at Nandesari, Roha and Taloja plants to enhance capacity of key products
- Brownfield expansion to double IPA capacity to 60,000 MTPA nearing completion
- Completion of captive power plant is nearing
- Setting up world-class Technology Centre to strengthen R&D
S1
Expand Capacities
- Optimise product mix with additional value-added products
- Continued process optimisation,productivity improvements and energy conservation initiatives to reduce costs
- Improve asset fungibility in line with customer’s schedule for key intermediates
S2
Enhance Margins
- Asset integrity study & OEE across all locations to improve productivity and reduce effluents in existing plants
- Enhance use of narrow band technologies for manufacturing and automation
- Newly developed Technology Centre to have a specially designed intesification cell
- Ensuring better capacity utilisation and better process towards cost leadership
S3
Operational Excellence and Safety
- Exploring forward integration potential across all business segments
- Develop core technology platforms including nitration, reduction and diazotisation; and build new platforms of fluorination and photochlorination
- Investment towards manufacturing products that utilise core technology
platforms for new agrochemical and pharmaceutical intermediates
S4
Widen Product Portfolio
- Sustained alignment to Responsible Care, Together for Sustainability (TFS), and Nicer Globe principle: our TFS score improved from 65 in FY 2019-20 to 97 in FY 2020-21 for our Roha plant; and our target is to achieve a score of 90+ across all our plants
- Transition to circular economy by increasingly reducing, recycling and reusing resources, minimising carbon footprint, and generating value from by-products
- Promote a positive HSE culture and maintain operations and workplace free from incidents and significant risk to the health and safety: 12.85 Million safe man hours
- Proactive compliance with all regulatory and other requirements
S5
Sustainable Growth
