Zuari - Chambal ...A Profile

Zuari Chambal, part of the K.K. Birla Group, is a professionally managed, diversified Conglomerate with a turnover of Rs. 5,000 crores and an asset base of Rs. 4,500 crores. It has investments in fertilisers, cement, hybrid seeds, biotechnology, ready-to-assemble furniture, chemicals, software, investments, home finance and engineering services.

People

Zuari-Chambal relies on the strength it derives form its human resource. Its pool of professionals have years of experience in their respective fields. The thread that binds Zuari-Chambal in harmony is its unique culture. A culture steeped in the tradition of integrity and ethical business practices.

International Collaborations

Zuari-Chambal has several reputed International Groups as Joint Venture partners. These include
· US Steel Corporation, USA
· Office Cherifien des Phosphates (OCP), Morocco - Largest producers of phosphoric acid in the world

Community Initiatives

Zuari-Chambal believes in contributing positively to the social and economic development of the communities in which it operates. The initiatives are community based, diverse and multi-faceted in nature. They stem from an in-depth assessment of the needs and priorities of the communities. Contribution on the social front include adoption of villages adjoining the plant site, health care, elementary education, water-harvesting and rural development.

Environmental Protection

Zuari Chambal is deeply committed to environmental protection, pollution control and maintenance of ecological balance. A corporate conscious of its responsibilities, the Companies have consistently taken upon itself major environmental projects. Zero affluent discharge, (the first in the fertiliser industry), afforestation programme to transform large stretches of barren terrain into strips of green, wild life protection are a part of its enterprise. Chambal Fertilisers has been certified as an ISO14001 Company as a result of its environmental practices.

Three decades of growth...

1967

Zuari Agro Chemicals Limited is incorporated in financial and technical collaboration with US Steel Corporation, USA to manufacture urea, compound nitrogenous fertilisers and phosphatics in Goa. In 1973, Zuari Agro Chemicals Limited, Goa's first mega industrial undertaking commences commercial production. In 1998 Zuari Agro Chemicals Limited is renamed Zuari Industries Limited.
1985
Zuari promotes Chambal Fertilisers and Chemicals Limited. The urea and ammonia facility set up at Gadepan, near Kota (Rajasthan) starts commercial production in 1994. Chambal Fertilisers and Chemicals Limited doubles its capacity in 2000 and today, is the country's largest urea producer in the private sector.
1994
Zuari promotes Zuari Investments Limited to take advantage of the growing capital market short-term investment opportunities. Chambal Fertilisers and Chemicals Limited is now an equal partner in its equity. The company is registered with the Securities and Exchange Board of India as a Category I Merchant Banker and dealer of OTC Exchange of India and is also a participant of NSDL.
1995
Zuari takes over Texmaco Cement and Zuari Cement is conceived as a division. In the year 2000, Zuari enters into a joint venture with the Italcementi Group-the second largest Cement producer in Europe and Zuari Cement Limited is hived off as a separate company.
1995
Zuari promotes Zuari Seeds Limited to deliver quality crop seeds to the Indian farmer. The company has a wide range of superior crop hybrids sourced from its own R&D, through acquisitions and by synergistic linkages with other players.
1997
Zuari sets up Indian Furniture Products in collaboration with Groupe Seribo of France to manufacture Ready to Assemble (RTA) furniture of contemporary European designs. Gautier India Limited being the company's marketing arm.
1997
Chambal enters into a joint venture with Office Cherifien Des Phosphates (OCP), a Moroccan Government Company and Indo Maroc Phosphore SA (IMACID) is set up in Morocco with an investment of approximately US $204 million. The world-class 3,30,000 tonnes per annum capacity of merchant grade phosphoric acid unit goes into stream in 1999.
1998
Chambal promotes India Software Group (ISG) a software division and the Group makes inroads into the software business. ISG's technology partners include IBM, Oracle, Microsoft, SAS and Lotus Notes
1998
Zuari incorporates Simon India Limited as a joint venture with Simon Carves of UK, to independently execute engineering projects on a Large Scale Turn Key basis with full responsibility upto commissioning
1999
Chambal acquires ITC Classic Home Finance Limited and renames it Birla Home Finance Limited. In 2000, Birla Home Finance Limited takes on BHW Holding AG of Germany, as 50:50 joint venture partner.
1999
Chambal incorporates Chambal Agritech Limited as a joint venture with Technico Pty Ltd., Australia, to produce high-quality potato seed Technituber in India. The facility at Himachal Pradesh is one of the largest Technituber producers in the world.
2000
Zuari forms Zuari Indian Oiltanking Limited in collaboration with Indian Oiltanking with an objective to establish storage and port handling facilities for petroleum products at Goa.
2001
Zuari acquires controlling interest in Green Tech Seeds International Private Limited to increase the range of crop and vegetable seeds under the 'Jai Kisaan' brand.
2001
Chambal acquires majority stake in Novasoft Information Technology Corporation of New Jersey to integrate and broaden its IT service business.
2002
Zuari Joint Venture, Zuari Maroc Phosphates Pvt Ltd., buys out a majority (74%) stake in Paradeep Phosphates Limited with the aim to eventually convert the Zuari - Chambal - PPL combine, the largest player in phosphatic fertilisers in the country.
2003 Chambal Fertilisers and Chemicals Limited acquires 51% stake in Technico Pty. of Australia through a special purpose vehicle incorporated in Singapore.
2003 Chambal Fertilisers and Chemicals Limited hikes stake in New Jersey based Novasoft Information Technology Corporation to 90%.