1960 |
: |
Mr.
N.R. Shah starts a partnership business in bentonite |
1970 |
: |
An
Office and a factory was set up in Bhuj |
1972 |
: |
First
export order received from Yugoslavia and then
Iraq |
1975 |
: |
Chetan
Shah, the Chairman’s son, joins the business |
1980 |
: |
The
Shah family separated from their partners |
1980 |
: |
Alternate
uses of bentonite explored like oil & water
well drilling, iron ore pelletization, metal
casting, civil engineering, bleaching clay etc |
1982 |
: |
The
partnership firm was converted to a Company |
1991 |
: |
Marketing
alliance established 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 shares |
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 20% stake
in Ashapura Minechem Ltd. |
2001 |
: |
Established
a 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 |
|
|
New
domestic projects - Port infrastructure, Kerala
for Kaolin |
2006 |
: |
Rs.
2500 crore Kutch alumina refinery project receives
final OK from Gujarat Government |
2007 |
: |
Began
setting up a project at Oman |
2009 |
: |
Signed
MoU with Government of Maharashtra to set up a
state-of-the-art Alumina Complex, with a refinery,
smelter and captive power plant |
2010 |
: |
New Initiatives in Indonesia to explore value added Minerals
|