Atul Ltd 2009-10

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.