Atul Ltd, one of India’s leading chemical companies, has partnered with Buckman Laboratories (Asia) PTE LTD, a subsidiary of US-based Bulab Holdings, Inc., to form a strategic 50:50 joint venture (JV) in the field of advanced water treatment and process optimization. The new company, to be called Atul-Buckman, is set to begin operations by October 2025.
The JV will manufacture and market a full range of water treatment chemicals and digital solutions tailored for industries across India and Sri Lanka. The goal is to meet rising domestic demand, reduce reliance on imports, and promote sustainable, high-performance solutions for industrial water use.
Atul-Buckman will be headquartered in India and focus on key sectors such as chemicals, textiles, pulp and paper, power, food processing, and municipal utilities. While Buckman brings its globally recognized portfolio of digital tools, chemistries, and technical know-how, Atul adds strong manufacturing capacity, market access, and an extensive distribution network across the region.
The JV also plans to offer advanced digital monitoring systems to help customers manage water more efficiently, reduce consumption, enhance operational performance, and ensure environmental compliance.
This move supports India’s “Make in India” initiative and national goals for sustainable industrial development and water conservation. Together, Atul and Buckman aim to become a trusted partner for integrated water and environmental management in the region.