- Business
- Oriental Carbon & Chemicals Limited (OCCL.NS), now operating as OCCL Limited and part of AG Ventures Limited following a corporate spin-off and name change approved by the Ministry of Corporate Affairs in June 2025, manufactures insoluble sulphur, a key vulcanizing agent for the tyre and rubber industries; it also produces sulphuric acid, oleum, single super phosphate, sodium silico fluoride and stabilised liquid sulphur. The company offers customized and value-added grades of insoluble sulphur tailored to the requirements of major global tyre manufacturers, leveraging over 25 years of production expertise with technology from partners like Sanshin Chemical Industry Co., Japan. Founded in 1978 as Dharuhera Chemicals Limited and headquartered in Noida, Uttar Pradesh, India, with manufacturing facilities in Dharuhera, Haryana, and Mundra, Gujarat, OCCL serves customers across more than 21 countries, deriving approximately 80% of revenues from repeat business and holding about 60% share of the Indian market.
OCCL focuses on the chemicals segment of the materials industry, targeting tyre manufacturers, rubber processors and related sectors with high-performance, import-substitute products that enhance tyre durability and quality.
In recent developments, the company completed a spin-off of its operations into OCCL Limited in July 2024, with a record date of July 1, 2024, and a distribution ratio of five OCCL Limited shares for every one share of Oriental Carbon & Chemicals; this followed approvals from the National Company Law Appellate Tribunal in May 2024. OCCL reported net profit of Rs. 8.69 crore for Q2 FY26 ended September 30, 2025, reflecting ongoing operational performance amid tyre industry demand. The company maintains a history of capacity expansions, including brownfield additions at Mundra in 2016-2017 and prior phases since 2005, supporting sustained growth in insoluble sulphur output.