The Company was incorporated as Aether Industries Limited on January 23, 2013 at Surat, as a public limited company under the Companies Act, 1956 and received the certificate for commencement of business from RoC on March 18, 2013.
Major events and milestones of the Company : 2013 - Incorporation of the Company - Commencement of R&D operations at Manufacturing Facility 1
2014 - Commenced the Pilot-Plant Operation at Manufacturing Facility 1 - Implementation of the in-house developed web / mobile portal for employees - AIRIS (Aether Integrated Resources Information System) - Implementation of the SAP B-1 ERP System - Company team grows to over 50 employees
2015 - Acquired land of 10500 Sq. Mtr. at Manufacturing Facility 2 (Plot No. 8203) and commenced the construction for two production facilities - Company team grows to over 100 employees
2016 - Completed the construction of two production facilities and started commercial production at Manufacturing Facility 2 (Plot No. 8203) - Started commercial production of the signature product 4MEP - Company team grows to over 200 employees
2017 - Expansion of the QA / QC facility at Manufacturing Facility 1 - Company team grows to over 300 employees
2018 - Achieved the turn-over of Rs. 1,000 Million - Started commercial production of the signature product OTBN
2019 - Achieved the turn-over of Rs. 2,000 Million - Added a warehouse at Plot No. 6,714, GIDC Sachin - Started commercial production of the signature product MMBC - Company team grows to over 400 employees
2020 - Achieved the turn-over of Rs. 3,000 Million - Pilot plant of the Company was expanded at Manufacturing Facility 1 - Added a unit for expansion of R&D and Pilot Plant at Manufacturing Facility 1 - Received the recognition from Department of Scientific and Industrial Research at Manufacturing Facility 1 for R & D Facilities - Added a Warehouse at Plot No. 8,206, GIDC Sachin - Commenced the construction of Solvent Recovery Plant at Manufacturing Facility 2 - Implemented in-house developed web-based safety / mobile based safety / security system - Completed the construction of the remaining production facilities at Manufacturing Facility 2 and started commercial production - Company team grows to 500 employees
2021 - Achieved the turn-over of Rs. 4,500 Million - Launched commercial production of BFA - Added a warehouse at Plot No. 8208, GIDC Sachin - Acquired land of 5,250 Sq. Mtrs. at Proposed Greenfield Project from GIDC and started construction. - Company team grows to over 700 employees
2022
-Aether Industries announces launch of initial public offering.
2023
--The chemicals company inked a licence agreement with Saudi Aramco Technologies Company.
The Company will manufacture 2 (two) new products (specialty chemicals and intermediates), at this extended Manufacturing Site - 3++. These two products are developed in Company's in-house R&D Centre. These products will be manufactured for the first time in India, like most of our products. Once all the plants at this merged site (Site - 3, Site - 3+ and Site - 3++) are operational, there would be total 10 products, which will be manufactured by the Company.
2024
- The Company Informed about the Execution Of Order For 15 MW Solar Power Project (Auto-Tracker Modules)
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