UPL (company)

UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers crop protection solutions.[4] Headquartered in Mumbai, Maharashtra, the company engages in both agro and non-agro activities. The agro business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds and other agricultural related products. The non-agro segment includes the manufacture and marketing of industrial chemical and other non agricultural related products such as fungicides, herbicides, insecticides, plant growth and regulators, rodenticides, industrial and specialty chemicals, and nutrifeeds. UPL products are sold in 150+ countries.[5][6]

UPL Limited
Formerly
United Phosphorus Limited (1969-2013)
Public
Traded as
ISININE628A01036
Industry
Founded29 May 1969 (1969-05-29)
HeadquartersUPL House, 610 B/2, Bandra Village, Bandra (East),
Mumbai, Maharashtra
,
India[1]
Area served
Worldwide
Key people
  • Rajnikant Shroff (Chairman & MD)
  • Jaidev Shroff (CEO)[2]
Revenue ₹35,756 crore (US$5.0 billion)[3] (FY20)
₹3,384 crore (US$470 million) (FY20)
₹2,718 crore (US$380 million) (FY20)
Total assets ₹23,043 crore (US$3.2 billion) (FY18)
Total equity ₹9,188 crore (US$1.3 billion) (FY18)
Number of employees
7,435 (FY18)
Websitewww.upl-ltd.com

United Phosphorus Limited was established on 29 May 1969.[6] The company changed its name to UPL Limited in October 2013.[7]

On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc. The acquisition was completed in February 2019,[8][9] making UPL the fifth largest generic agrochemicals company in the world after Bayer, Dupont, Syngenta and BASF.[10][11]

References
  1. "Contact Us". UPL Limited. Retrieved 16 March 2019.
  2. "Global Leadership". UPL Limited. Retrieved 16 March 2019.
  3. "UPL-Results-2019-20" (PDF). UPL Limited. Retrieved 31 May 2020.
  4. "Company Overview of UPL Limited". Bloomberg.
  5. "Company Profile for UPL Limited". Reuters. Retrieved 16 March 2019.
  6. "UPL Limited on the Forbes Asia's Fab 50 Companies List". Forbes. Retrieved 16 March 2019.
  7. "UPL LTD - GDR (UPL:Singapore): Company Description - Bloomberg". Bloomberg. Retrieved 16 March 2019.
  8. "UPL completes acquisition of Arysta LifeScience for $4.2 billion". The Economic Times. 4 February 2019. Retrieved 16 March 2019.
  9. "UPL Jumps The Most In Four Years After $4.2 Billion Deal To Acquire Arysta Lifescience". BloombergQuint. Retrieved 16 March 2019.
  10. "All You Need To Know About UPL's Latest Buyout Plan". BloombergQuint. Retrieved 16 March 2019.
  11. "UPL Completes Acquisition of Arysta LifeScience". Successful Farming. 1 February 2019. Retrieved 16 March 2019.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.