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Atul Ltd | Annual Report 2012-13

Our Company has immense hidden potential; we are committed to realise it on the one

hand with the knowledge and application of science and technology and on the other by

increasing our breadth and depth in the marketplace. We have also commenced putting

in place several Standard Operating Procedures so as to encapsulate and institutionalise

the improvements achieved over time.

¾

Made the process of identifying Key Initiatives

more objective and less time consuming

¾

Changed Variable Pay Scheme so that higher

management earns proportionately more

through variable pay and less through ‘fixed’

increment and vice versa

¾

Simplified 360 degree feedback and for the first

time introduced it for middle management

People

¾

Decreased (gaseous) emissions in 3 products

by 50% on an average

¾

Decreased (liquid) effluents in 8 products by

15% on an average

¾

Decreased (solid) waste in 1 product by 40%

Environment

¾

Increased yields of 27 products by 2% on an

average

¾

Increased recovery of solvents in 30 products

by 6% on an average

¾

Decreased water consumption in 9 products by

24% on an average

Technology and Manufacturing

Operational Highlights

No problem can withstand the assault of sustained thinking.

- Francois-Marie Arouet