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Specialty Chemicals
Joint Venture7 Aug 2025, 04:18 pm

Atul Ltd and Buckman Laboratories (Asia) Pte. Ltd sign Joint Venture Agreement for Water Treatment Solutions in India and Sri Lanka

AI Summary

Atul Ltd, a leading chemical company in India, and Buckman Laboratories (Asia) Pte. Ltd, a subsidiary of Bulab Holdings, Inc., have signed a joint venture agreement to manufacture, market, and deliver advanced water treatment solutions with digital and chemical solutions in India and Sri Lanka. The JV, named 'Atul-Buckman', will leverage Buckman's portfolio of water treatment chemistries, digital solutions, and technical expertise, and Atul's strong manufacturing capabilities, market access, and distribution strength. The JV aims to become a leading and trusted partner for water and environmental management in India and Sri Lanka.

Key Highlights

  • The JV company will manufacture a comprehensive range of water treatment chemicals in India to meet the growing domestic demand and support import substitution.
  • The JV company will also market the proven solutions and technologies of Buckman, adapted to suit Indian operating conditions.
  • A full suite of digital monitoring and process control tools will be offered to help customers with process control, reduce water consumption, optimise performance and meet environmental compliance.
  • The initiative aligns with the goals of India for sustainable industrial development, water conservation and the ‘Make in India’ initiative of the government.
  • The JV aims to become a leading and trusted partner for water and environmental management in India and Sri Lanka by bringing next-generation treatment chemistries to market, enabling digital, data-driven water management, and offering total solutions backed by deep technical service and support.
ATUL
Specialty Chemicals
ATUL LTD.

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