Page 20 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
Integrated Annual Report 2021-22 REPORT REPORTS STATEMENTS
Strategy: Pursuing Growth
and Competitiveness
Focussed on Green Chemistry
Strategy: Pursuing Growth and Competitiveness

Focussed on Green Chemistry Strategic Objective 2 Focus Specialty Products on Green Chemistry

Our resilience is an outcome of competencies and enablers that we have implemented Key growth lever Key challenges
across our business segments and operations. We continue to nurture these by Focus on Green Chemistry Product Portfolio Impact on Agrochemicals demand due to high
delivering greater value to stakeholders, ensuring sustainable growth and improved Status and action plan inflation and seasonal uncertainties
business resilience. Silica: Commercialise Highly Dispersible Silica (HDS) and Long gestation period of product trials and
approvals in HDS and FOS
expand customer base. Further, focus on developing
Our strategic framework Specialty Silica grades for personal care and food. KPIs tracked
Fermentation Platform - Prebiotics & Formulations: Capacities: Customer acquisitions:
Segments Strategic Objectives Gaining increasing experience in Green Chemistry
Fermentation Platform. Obtained product and plant Silica Silica
Growth Operational excellence approvals with pharmaceutical and nutraceutical customers. 10.8 KT More than 100
Target to focus on new export markets and introduce
new formulations.
Basic Chemistry Grow capacities Functional FOS FOS
Products Maintain leadership excellence in 5 KT More than 50
Productivity &
Competitiveness
Enablers: Innovation,
Focus on Green Digitalisation &
Specialty Products Chemistry solutions Sustainability Driving Operational Excellence through Focussing on Key
Build a Green Product Portfolio Strategic Objective 3 Efficiency Levers

Efficiency lever Key challenges KPIs tracked
Functional excellence in productivity, cost Rising input costs mainly energy and materials Capacity utilisation:
Strategic Objective 1 Grow Basic Chemistry Products Business competitiveness and supply chain resilience
Supply chain challenges:
Mithapur - Soda Ash
Status and action plan Disrupted supplies caused by COVID
Key growth lever KPIs tracked Ongoing fixed cost optimisation plan at all pandemic and geopolitical situation 88%
Capacity expansion (brownfield and debottlenecking) Current Capacities: manufacturing facilities Limited alternatives to China for material
supply (mainly for Agrochemicals) Cuddalore - Silica
Status and action plan Soda Ash Sodium Bicarbonate Maximise capacity utilisation Shipment challenges - container and vessel 76%
Phase I expansion at Mithapur on schedule. New 4,100 KT 240 KT Efficient cash flow management across availability and congestion at ports
salt capacities are expected to commence from both Basic Chemistry and Specialty Rising cost of fuel and energy
H2 FY 2022-23. Intent to further consolidate. Salt Products businesses Mambattu - FOS
To further plan for capacity expansion of Soda Ash, 1,630 KT Supply chain resilience: 67%
Bicarb, Salt and Silica Reduce dependency on country / supplier
Key challenges Develop robust partner network
Slowing of estimated demand due to rising Capacities Expansion: Upstream and downstream integration
inflation and global geopolitical situation Soda Ash (Phase I & II) Salt Hedging of energy and raw material
(especially in Europe) Optimising logistics network
Escalation in capex due to rising input costs 545 KT 325 KT

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