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

Inauguration of the 200 Ltr Plastic Drum Line and 20 Ltr PPCP Conipail Line at BL-UAE on 5th March
Baroda plant of SBU: IP inaugurated on 10th June

Cold Chain Unit at Patalganga, Maharashtra was inaugurated


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
Page view: 45
© 2017 Balmer Lawrie & Co. Ltd.
Powered by Experis IT