Aditya Birla Chemicals to merge with Grasim Industries

The Board of Directors of Grasim Industries Limited on 11 February 2015 approved the proposed merger of Aditya Birla Chemicals (India) Limited (ABCIL) with Grasim. The proposed scheme is subject to approval of the high court and regulatory authorities.
•Grasim is a leading manufacturer of caustic soda in India, with an installed capacity of 452500 tonnes per annum. Its plants are located at Nagda in Madhya Pradesh and at Vilayat in Gujarat.
•Aditya Birla Chemicals (India) Limited (ABCIL) is a leading manufacturer of bulk and specialty chemicals and viscose filament yarn. The business is spread across multiple manufacturing locations in four countries namely India, Thailand, Germany and China.

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