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Monday, 30 July 2012

TATA STEEL - India's most Ethical company.


Company Profile:



Established in 1907, Tata Steel is among the top ten global steel companies with an annual crude steel capacity of over 28 million tonnes per annum (mtpa).

The Tata Steel Group, with a turnover of US$ 22.8 billion in FY '10, has over 80,000 employees across five continents and is a Fortune 500 company.


Tata Steel’s vision is to be the world’s steel industry benchmark through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency.

   

Operating companies within the Group include Tata Steel Limited (India), Tata Steel Europe Limited (formerly Corus), NatSteel, and Tata Steel Thailand (formerly Millennium Steel).



Vision:


The vision of TATA STEEL is "to be the global steel industry benchmark for value creation and corporate citizenship."

Milestones

1929

Discovered manganese in India

1949

Discovered chrome in India

1958

FAP Joda set up as the first plant of its kind in India

1960

Chrome mining started at Sukinda-First Chromite Mine in India

1982

Mechanization of Sukinda Chromite Mine

1988

FeCr Conversion - First Conversion Model in India

1989-90

FAMD enters the export market in a major way

1990

COBP Commissioned – First Beneficiation plant in India

1991

FAP Bamnipal acquired with a production capacity of 50000 tpa

1991

FAMD carved out for greater focus in Chrome & Manganese

1991-92

Introduced new product like Chrome concentrate etc.

1991

First overseas representative office at Japan

1994

First Overseas Office at Hong Kong – First in Industry/India

1993-94

ISO 9002 Certification

1993-94

FAMD established long-term business relationship with premier stainless steel mills worldwide and expanded business

1995-96

Introduced low Titanium ferro chrome in the world market.

1997-98

- Introduced customized chrome concentrate for refractory and chemical sectors.
- Developed more customized products for high charge Ferro Chrome consumers.

1999-00

ISO 14001 Certification

2000

Introduced low Phosphorus ferro chrome (P<0.018%) in the world market – patent for low phosphorus ferro chrome.

2000

First Office in Shanghai

2001-02

Introduction of Total Operational Performance (TOP) task force to reduce cost

2003-04

ERP implementation(E Biz Frame) at Sukinda Chromite Mines

2004-05

- ERP implementation(E Biz Frame) at Bamnipal Ferro Chrome Mines
- Total Productive Maintenance (TPM) kicked off at all units
- OHSAS, SA-8000 Certification

2006

Rawmet acquired with a production capacity of 50,000 tpa

2008

TSKZN Operation Started- First Overseas Greenfield Project of Tata Steel

2008

FAMD implements SAP across all locations

2009

First Tata Steel SBU to set up overseas warehouse in Korea

2010

- SAP implemented in Gomardih Dolomite Mines
- Introduction of Kar Vijay Har Shikhar initiative along with McKinsey &Co for
   breakthrough, sustainable improvements in EBITA.
- Introduction of Udaan project with BCG to accelerate change in growth trajectory
   and value creation
- Launch of new  Ferro  alloy  plant projects at Gopalpur and Nayagarh
- Rawmet 100% subsidiary of Tata Steel Ltd renamed as TS Alloys


Products

Chrome Alloys:
1)Ferro Chrome
2)Charge Chrome

Manganese Alloys:
1)Ferro Manganese
2)Silico Manganese.

Chrome Concentrate

Fluxes:
1)Dolomite
2)Pyroxenite.

Manganese Oxide.

Manganese Di-Oxide.

Major projects:



Major expansion projects planned by Tata Steel include:

1) 6 million tonne plant in Orissa, India: Tata steel is setting up 6 million tonne per annum capacity plant at Kalinganagar.

2) 10 million tonne in Jharkhand, India: The capacity of Jamshedpur steel plant has already been increased to 6.8 MTPA. It is expected that its capacity will increase by 10 MPTA in near future.

3) 5 million tonne in Chhattisgarh, India:Tata steel signed MOU with Chhattisgarh government in 2005 for setting up 5 MTPA plant. But, it is facing strong protest from tribal people.

4) 3-million tonne plant in Iran

5) 2.4-million tonne plant in Bangladesh
6) 10.5 million tonne plant in Vietnam (feasibility studies underway)
7) Tata Steel signed up an EoI to set up a 6 MTPA plant in Haveri district of Karnataka.
8) Tata Steel to invest $5 billion in setting up a steel factory in Vietnam. Negotiations with the government are in process.

Market Sectors:

Tata Steel serves customers in these market sectors globally:
Automotive
Construction
Consumer goods
Engineering
Packaging
Lifting and Excavation
Energy and Power
Aerospace
Shipbuilding
Rail
Defence and Security.




Corporate Social Responsibility

  • Urban Services, development and management of utilities as well as road infrastructure
  • Rural Services, including the creation of sustainable livelihoods
  • Sports and Youth Welfare
  • Education & Employability Training
  • Healthcare Facilities and Services
  • Conservation and promotion of traditional Culture & Heritage
  • Environment Conservation and Preservation of Biodiversity
  • Employability Training
  • Disaster Management
  • Support to non-profit organisations.

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