National Peroxide (NPL) was co-founded by The Bombay Dyeing & Manufacturing Company and Laporte Industries, UK. Within the company, the peroxygens division specializes in the production of hydrogen peroxide and persalts, while the plastic additives division focuses on litharge and PVC stabilisers. Established in 1954, NPL is a pioneering force in India for peroxygen chemicals and holds the title of the largest manufacturer of Hydrogen Peroxide in India, boasting an installed capacity of 150 KTPA on a 50% w/w basis. Renowned for its robust client relationships, NPL is backed by strong technological expertise, advanced production facilities, and top-notch solutions. Operating its cutting-edge factory near Kalyan, Maharashtra, NPL produces international standard Hydrogen Peroxide using auto-oxidation technique. Presently, the company is undergoing a composite scheme of arrangement involving the demerger of its chemical business into NPL Chemicals Ltd., a wholly-owned subsidiary, and the amalgamation of Naperol Investments Limited, a subsidiary engaged in long-term investments and corporate lending. In addition to its domestic operations, NPL serves as a global supplier of Hydrogen Peroxide, Peracetic Acid, and Compressed Hydrogen Gas. The company's history is marked by milestones such as the adoption of auto oxidation technology in 1972 and the establishment of a captive hydrogen gas plant in 1987. Collaborations with international entities like Solvay, Belgium, and Akzo Chemie, Germany, have contributed to its growth, including the establishment of a litharge and plastic additives plant in Dewas, Madhya Pradesh, in 1989. Notably, in 2000, NPL divested its Dewas division to M/s Barlocher India Additives Pvt. Ltd. to alleviate high-cost loans. The company's commitment to innovation is evident through the establishment of an integrated research center in Kalyan in 1979, aimed at advancing the applications of hydrogen peroxide and persalts across various industries. Additionally, NPL has ventured into real estate with projects like Naperol Tower, facilitating residential sales. Over the years, NPL has witnessed increased adoption of Hydrogen Peroxide in various industries, particularly in waste water treatment and the Pulp & Paper Industry. Strategic expansions have been undertaken to meet growing demand, with capacity enhancements and plant upgrades implemented periodically. As of recent developments, the company is reorganizing its structure through a composite scheme of arrangement to streamline operations and enhance shareholder value.