1960 |
: |
Mr.
N.R. Shah starts up a partnership business in
bentonite. |
1970 |
: |
Office
and a factory set up in Bhuj. |
1972 |
: |
First
export orders received from Yugoslavia and next
Iraq. |
1975 |
: |
The
Chairman’s son Chetan Shah, a management
graduate, joins the business. |
1980 |
: |
The
Shah family separated from their partners. |
1980 |
: |
Alternate
uses of bentonite explored like oil and water
well drilling, iron ore pelletization, metal
casting, civil engineering, bleaching clay etc. |
1991 |
: |
Marketing
alliance with Mitsubishi Corporation. Major
support received mainly in developing Bentonite
for Iron Ore Pelletization |
1992 |
: |
Ashapura
Shipping Ltd. (ASL) established. |
1993 |
: |
Ashapura
Minechem Ltd went public with an equity issue
of 600,000 share. |
1995 |
: |
Diversification
into bauxite business. |
1995 |
: |
Cat
Litter business was started. |
1997 |
: |
Indo-American-Japanese
joint venture Ashapura Volclay Limited started
to manufacture value added Bentonite products. |
1999 |
: |
AMCOL
International Corporation acquires a 20% stake
in Ashapura Minechem Ltd. |
2001 |
: |
State-of
the -art Knowledge & Innovation Centre at
Belapur. |
2001 |
: |
Ashapura
acquired 51% stake in M/s. Bombay Minerals Ltd. |
2002 |
: |
Successful
commissioning of Acid Activated Bleaching Clay
plant. |
2003 |
: |
Calcined
Bauxite plant commissioned. |
2004 |
: |
Ashapura
Group crosses Rs. 500 crores turnover. |
2005 |
: |
Received
in-principle approval from Gujarat Government
for setting up Alumina Refinery. |
2005 |
: |
Geosyntheic
Clay Liners (GCL) plant commissioned. |
2006 |
: |
Bleaching
Clay Plant capacity doubled from 25,000 tons
to 50,000 tons. |
|
|
New
global projects- Nigeria, Antwerp, Malaysia,
Brazil… |
|
|
New
local projects- Port infrastructure, Kerala
for Kaolin… |
2006 |
: |
Rs.
2500 crore Kutch alumina refinery project receives
final OK from Gujarat Government. |
