Page 91 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 Management Discussion and Analysis 147-300

The emerging Performance Materials division includes high The Company believes in ‘Science-led Differentiation’ that
performance silica products based on patented technology creates value for its customers. The Company has made
for the rubber applications, food, feed, detergents and oral consistent and significant investments in innovation, be it
care. in process innovation, product innovation or those that have
led to a great customer experience. It has two world-class
The Company has a domestic market leadership position Research and Development (R&D) facilities in Pune and
in the Nutrition Sciences. It offers edible salt, sodium Bengaluru from where products such as Highly Dispersible
bicarbonate (food, feed and pharma grade) and prebiotics Silica (‘HDS’), FOS and Ayaan (fungicide), amongst others
(fructooligosaccharides [‘FOS’]).
have emerged.
The Company in recent years has built a robust and Operational excellence permeates every aspect of the
high-growth fermentation platform that provides attractive Company’s operations and its people. On-going initiatives
future growth opportunities. Currently, the platform of cost reduction, faster resolution of customer issues,
supports the prebiotics category with its FOSSENCE® and go-to-market approach for new products and world-class
GOSSENCE® brands targeted at food and nutraceutical manufacturing facilities are a few of how this pillar manifests
applications. itself.
Rallis India Limited, a subsidiary of the Company (‘Rallis’) is Investments in digitisation have enabled the Company
a leading Agri Sciences Company with product portfolio to implement several initiatives that have accelerated the
in Crop Care and Seed categories. It connects with farmers Company’s journey towards excellence. Several analytics, IoT,
through 4,000+ dealers and has a presence in the export remote sensing and automation-based initiatives have been
Business-to-Business (B2B) market with formulations and implemented across the Company’s operations leading to
actives. Its key products are acephate, hexaconazole, substantial gains.
pendimethalin and metribuzin in which it holds a leadership
position in the domestic market. Rallis is expected to drive 4. Operational Performance
its growth with a robust product innovation pipeline and a. Tata Chemicals Overview
manufacturing capacity expansion.
I. Impact of Covid–19
The Company’s businesses are supported by pillars of FY 2020-21 has been a challenging year which tested
safety, sustainability, operational excellence, customer focus, the Company’s intrinsic strength in the face of the global
innovation and digitisation. The Company has committed Covid-19 pandemic. After initial operational hiccups, the
to Science Based Targets initiative (‘SBTi’), with a target of Company was able to adapt to the changed circumstances
2 degrees reduction for its operations. Its Carbon Capture and operations normalised relatively quickly.
and Usage plant in the UK is one of the first of its kind
globally. It captures CO emitted by the gas-powered energy The Company responded swiftly to support its key asset,
2
system and uses it as a feedstock to manufacture high purity its people, by deploying a slew of initiatives related to
sodium bicarbonate for the pharma and food industries. employee well-being. These included remote working,
medical support for the affected, rigorous safety protocols,
The Company supports key communities with development amending human resource (HR) processes and the launch
models that are sustainable, replicable and scalable. It of an assistance program ‘We Care’ to support its people’s
also promoted biodiversity in a significant way through physical and emotional well-being. Frequent updates,
plantation, ecosystem creation, species conservation, water advisories, notifications, virtual town halls reinforced
and resource conservation around its plants. the connection and belongingness to the Organisation.

The Company has committed to Science Based Targets initiative (‘SBTi’), with a target
of 2 degrees reduction for its operations

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