UPL Limited | |
Logo Alt: | United Phosphorus Ltd - UPL official logo |
Image Alt: | United Phosphorus Ltd - UPL official logo |
Former Name: | United Phosphorus Limited (1969–2013) |
Type: | Public |
Isin: | INE628A01036 |
Founder: | Rajnikant Shroff |
Hq Location: | UPL House, 610 B/2, Bandra Village, Bandra (East) |
Hq Location City: | Mumbai, Maharashtra |
Hq Location Country: | India[1] |
Area Served: | Worldwide |
Revenue: | (FY23) |
Operating Income: | (FY23)[2] |
Profit: | (FY23)[3] |
Assets Year: | 2022 |
Equity: | [4] |
Equity Year: | 2022 |
Num Employees: | 10,000+ |
Num Employees Year: | FY21 |
UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers pesticides.[5] Headquartered in Mumbai, the company is engaged in both agro and non-agro activities. The agro-business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds, and other agriculture-related products. The non-agro segment includes manufacturing and marketing industrial chemicals and other non-agricultural products such as fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial & specialty chemicals, and nutrifeeds. UPL products are sold in 150+ countries.[6] [7]
United Phosphorus Limited was established on 29 May 1969.[7] The company changed its name to UPL Limited in October 2013.[8]
On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc. The acquisition was completed in February 2019,[9] [10] making UPL the fifth largest generic agrochemicals company in the world after Bayer, Corteva, Syngenta and BASF.[11] [12]