Buckman Laboratories (Asia) PTE LTD, a wholly owned subsidiary of Bulab Holdings, Inc., is a global player in water treatment, process chemistry, and digital solutions. Atul Ltd, one of India’s leading chemical companies, has partnered with Buckman to announce a strategic joint venture. The new company, to be known as Atul-Buckman, will focus on manufacturing and marketing advanced water treatment solutions. It will deliver these solutions across India and Sri Lanka. The partners anticipate completing all ancillary agreements and incorporation documentation by October 2025.
Combining Strengths for Sustainable Impact
The joint venture will integrate Buckman’s globally recognized portfolio of specialty water treatment chemistries, cutting-edge digital technologies, and technical expertise. It will combine these with Atul’s robust manufacturing capabilities, market reach, and distribution strength in India. Headquartered in India, Atul-Buckman aims to provide performance-driven, sustainable water treatment and process optimisation solutions. These will cater to a broad range of industries including:
*Chemicals
*Food Processing
*Power
*Pulp and Paper
*Textiles
*Municipal and Commercial Utilities
Key Strategic Highlights
Domestic Manufacturing for Import Substitution: Atul-Buckman will produce a wide range of water treatment chemicals in India to meet the growing domestic demand. This will also help reduce dependency on imports.
Localized Global Solutions: The JV will tailor Buckman’s proven technologies to meet the unique operating conditions of Indian and Sri Lankan industries.
Digital Innovation for Efficiency and Compliance: A suite of digital monitoring and process control tools will be offered to help industries reduce water consumption. These tools will also optimise system performance and ensure environmental compliance.
Supporting National Priorities: The partnership aligns with India’s “Make in India” initiative. It also supports national goals for sustainable industrial development and water conservation.
Leaders Speak on the Vision
Junai Maharaj, President and CEO of Buckman, expressed enthusiasm about the partnership, “Our collaboration with Atul reflects our commitment to growth in high-potential markets like India and to creating meaningful impact through chemistry and innovation. Together, we will deliver smart water treatment solutions that drive both performance and environmental responsibility. We are very excited to partner with Atul, as we share very similar values and culture.”
Sunil Lalbhai, Chairman and Managing Director of Atul Ltd, echoed, “We are pleased to partner with Buckman, a global expert in water treatment and sustainability. The joint venture will offer comprehensive and technology-driven solutions to customers in India and Sri Lanka, while supporting responsible water management—one of the most critical needs for industry and society today. This initiative reinforces our deep commitment to environmental stewardship and sustainability.”
Strategic Vision for the Future
With this joint venture, Atul-Buckman sets out to become a trusted leader in water and environmental management across India and Sri Lanka. The company will:
*Introduce next-generation treatment chemistries
*Enable digital, data-driven water management
*Deliver total water solutions, backed by strong technical service and expert support
As per the press release, Buckman and Atul will together transform water treatment into a smarter, more sustainable, and performance-oriented industry standard. This transformation will create lasting value for customers, communities, and the environment.
