
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.