Page 128 - CW E-Magazine (19-8-2025)

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LEVERAGING SYNERGIES
Atul sets up water treatment solutions joint venture

with US-based Buckman

Buckman Laboratories (Asia) Pte. rating conditions. A full suite of digital
Ltd., a wholly-owned subsidiary of monitoring and process control tools
Bulab Holdings, Inc., a US-based leader will be off ered to help customers with
in water treatment, process chemistry process control, reduce water consump-
and digital solutions, and Gujarat-based tion, optimise performance and meet
Atul have agreed to set up a joint ven- environmental compliance.
ture to manufacture, market and deliver
advanced water treatment with digital Speaking on the collaboration,
and chemical solutions in India and Mr. Junai Maharaj, President and CEO of
Sri Lanka. Buckman, said, “Our collaboration with
Atul refl ects our commitment to growth
The partners anticipate ancillary in high-potential markets like India and
agreements and incorporation related to creating meaningful impact through
documentation to be completed by chemistry and innovation for our custo-
early October 2025. mers and communities. Together, we
will deliver smart water treatment
The jv, which will do business as solutions that drive both performance
L to R: Mr. Sunil Lalbhai Chairman and
‘Atul-Buckman’, will leverage and Managing Director Atul Ltd. with Mr. Junai and environmental responsibility”.
combine the portfolio of water treat- Maharaj President and CEO Buckman
ment chemistries, digital solutions and pulp and paper, textiles, as well as Mr. Sunil Lalbhai, Chairman and
technical expertise of Buckman and municipal and commercial utilities. Managing Director of Atul, added,
manufacturing capabilities, market “The proposed jv will off er comprehen-
access and distribution strength of Atul The jv will manufacture a range of sive and technology-driven solutions to
in India. water treatment chemicals in India to customers in India and Sri Lanka, while
meet the growing domestic demand and contributing to the responsible manage-
Headquartered in India, the jv com- support import substitution. It will also ment of water, one of the most critical
pany will cater to key industries includ- market solutions and technologies of resources for industry and society at
ing chemical, food processing, power, Buckman, adapted to suit Indian ope- large.”
EXPANDING CAPACITIES
Fineotex commences operations at new facility in Ambernath

Fineotex Chemical Ltd. (FCL), the lity off ers connectivity to Nhava Sheva
Mumbai-based speciality chemicals fi rm Port (JNPT), Bhiwandi, and Fineotex’s
supplying to industries like textile & existing Ambernath plant ensuring
garment processing, personal and effi cient logistics and faster delivery to
home-care, water treatment, oil & customers.
gas, among others, has announced the
commencement of its new manufacturing “With enhanced production capa-
facility from 7 August 2025. city and strategic connectivity, we are
well-positioned to add more products
Fineotex said it has invested ap- of additional facility will increase the and avenues to meet the evolving needs
proximately Rs. 60-crore in the facility, company’s production capacity to of our customers while strengthening
funded through internal accruals and 15,000 metric tonnes. our market leadership,” commented
capital raised, adding 7 acres of land to Mr. Sanjay Tibrewala, Executive
its operational footprint. The fi rst phase Strategically located, the new faci- Director, FCL.

128 Chemical Weekly August 19, 2025

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