Uniphos Enterprises Ltd, originally established as United Phosphorus Ltd in 1969, began as a manufacturer of red phosphorus. It expanded its production to include various specialty chemicals, notably becoming a leading producer and exporter of organic and inorganic mercury compounds in India. As part of a strategic restructuring, the company demerged its manufacturing facilities into its subsidiary, Search Chem Industries, focusing on trading chemicals, engineering goods, and agricultural products.
The company has implemented an ERP system to streamline its national and international operations, enhancing export activities. Financial restructuring includes converting loans to preference shares in its subsidiary, SCIL, to strengthen its specialty chemical segment. Uniphos holds a 53% stake in SCIL and has demonstrated interest in acquiring a majority stake in Hindustan Insecticides Ltd. In recent years, the company has traded in chemicals such as Propionic Acid, Hydrazine Hydrate, and Ethylenediamine, indicating its ongoing focus on chemical trading.
