Milestones of Balmer Lawrie
Corporate Journey – Early Years
1867 | Partnership firm established on 1st. Feb.1867 Agent for Tea trading, shipping & forwarding S.G.Balmer passes away India Tea Co. set up to blend & export tea |
1872 | Banking operations started Appointed managing agents for Jokai Tea |
1873 | Anglo Indian Carrying Co. set up for shipping & forwarding Insurance Agency started |
1882 | Appointed managing agents for Crystal Ice Supply, Kolkata |
1888 | Commences food exports to West Indies |
1889 | Annual Bonus paid to employees |
1890 | Appointed managing agents for Bengal Paper Mills First use of typewriters |
1891 | Appointed managing agents for New Beerbhoom Coal |
1894 | Electric power in Office at 103 Clive Street |
Corporate Journey – Maturing Years
1908 | Alex Lawrie passes away Bombay branch opened |
1909 | New 4 storied Office constructed ( Present HO) |
1917 | First motor car acquired |
1919 | Appointed managing agents for Aurther Butler & Co. First audit of accounts by Price Waterhouse |
1920 | Biecco and Bridge & Roof promoted Appointed managing agents for Indian Galvanising Co. |
1924 | Became a Pvt. Ltd. Co. on 1st. January, share capital of 40 L |
1932 | Delhi branch opened |
1936 | Became a Public Ltd. Co. on 6th. January |
Corporate Journey – Growth Years
1937 | Grease production commences in Pilkhana, Howrah |
1944 | Grease production commences in Sewree, Bombay Barrel production commences at Indian Galvanizing Provident Fund introduced for staff |
1946 | Employee Trade Union formed |
1947 | Branch Offices opened in Karachi & Chittagong |
1949 | Balmer Lawrie & Co (Pakistan) Ltd. Formed |
1951 | Tribeni Tissue commissioned with BL as managing agent |
1952 | Branch Office started at Madras, later discontinued |
1956 | 25% of BL divested by Alex Lawrie & Co. in favor of Indo-Burma Petroleum |
1958 | Insurance agency (Sun Insurance) terminated |
1963 | Banking operations discontinued |
1968 | Duncan Brothers take over management control |
1969 | Managing Agency system abolished, BL looses managing rights in respect of more than 40 tea gardens |
Corporate Journey – Uncertain Years
1972 | Indo Burma Petroleum Co. acquires control by taking over all shares from Alex Lawrie & Duncan Brothers. BL becomes a subsidiary of Indo Burma Petroleum |
Corporate Journey – Public Sector Era
1987 | Schedule B PSE |
1992 | Wholly owned subsidiary incorporated in the UK – Balmer Lawrie (UK) Ltd. for Container Leasing on global scale MoU signed with Van Leer to form a Joint Venture company for manufacture of "Valerex" plastic drums |
1993 | Barrel Division, Chembur commenced production of drums Balmer Lawrie ties up with Hispano Quimica SA, Spain for marketing Leather Chemicals in India |
1994 | CFS Kolkata commissioned Taloja plant for blending of lubricants set up |
1995 | First export of Leather Chemicals products started |
1996 | Balmer Lawrie undertook the packaging of tea for the world’s most exclusive store – Harrods of Knightsbridge |
1998 | Facility to produce grease and blended oils commissioned at Sayli, Silvassa |
1999 | Bitumen processing and packaging plant commissioned in Uluberia Barrel plant for manufacturing Bitumen Drums was set up at Panipat |
2000 | Packet Tea was launched in domestic market under the "Tarang" brand name CFS at Navi Mumbai commissioned CFS at Manali, Chennai commissioned |
2001 | IBP Co. Limited, transferred their holding of 61.8% in Balmer Lawrie & Co. Ltd. To Balmer Lawrie Investments Limited. The equity shares of Balmer Lawrie are listed with Mumbai and National Stock Exchanges. |
2003 | Mini Ratna II PSE |
2006 | Mini Ratna I PSE |
2007 | Container division, Mathura closed Barrel/ drum manufacturing plant at Asaoti, Haryana commissioned |
2008 | Refinery & Oil Field Services carved out to function as a SBU |
2010 | Chittoor plant of SBU: IP at Andhra Pradesh commenced operation PT Balmer Lawrie Indonesia (PTBLI) to manufacture lubricating greases & oils formed at Jakarta, Indonesia |
2011 | Manufacturing of some selected range of Construction Chemicals started at the Leather Chemicals plant, Chennai Plant of PTBLI to manufacture lubricating greases & oils in Indonesia commissioned |
2013 | Tea activity fully closed |
2014 | Tours & Leisure Travel business of Vacations Exotica Destinations acquired Taloja plant of SBU:IP commenced operation |
2015 | Vishakhapatnam Port Logistics Park Ltd. incorporated |
2016 | Balmer Lawrie celebrates 150th Foundation Day First of the three Cold Chain Logistics facilities commissioned in Hyderabad |
2017 | The Cold Cahin Unit at Rai in NCR commenced operations in the month of May Balmer Lawrie Start-up Fund launched to support starts-ups An MOU was signed between Balmer Lawrie and IIM Calcutta Innovation Park for selection and incubation of Start-ups on 14th September The first meeting of the Board of Directors of Visakhapatnam Port Logistics Park Limited 20th September Project E-Saksham launched to provide payroll, PMS and ESS solutions 100th Annual General Meeting held on 14th September |
2018 | The newly modernised ARL, the state-of-the-art R&D Centre of SBU:G&L inaugurated on 20th July AVI-OIL India Private Ltd. (AVI-OIL), a joint venture company of Balmer Lawrie completed 25 years in November |
2019 |
Inauguration of the 200 Ltr Plastic Drum Line and 20 Ltr PPCP Conipail Line at BL-UAE on 5th March Cold Chain Unit at Patalganga, Maharashtra was inaugurated |
2021 |
SBU: Leather Chemicals renamed as SBU: Chemicals owing to its foray in Agro and Textile Chemicals SBU: Cold Chain formed and brand LOGICOLD launched |
2022 | Cold Chain Unit at Bhubaneswar commissioned in July |
Last updated on : 06/10/2022
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