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In 1973, the
company's name was changed to Diamond Shamrock (I)
Ltd. due to change of Nopco's name worldwide. In 1979,
another plant at Ratnagiri was started for the manufacture of
ion-exchange resins under the know-how of Diaprosim, France ( a
division of Duolite International) then a subsidiary of Diamond
Shamrock, U.S.A.
In 1985, when Diamond Shamrock
decided to divest from process chemicals business worldwide, the
company changed its collabration with Henkel KGaA and the company's
name was also changed to HenKel Chemicals (India)
Limited.
In 1996, Henkel KGaA signed an
agreement to divest its holding in favour of Indian shareholders.
The share purchase agreement stands consummated, and w.e.f. 9th May,
1997 company's name has been changed to its present
name Auchtel Products
Ltd |