Union Carbide India Limited

Union Carbide India Limited (UCIL) was a chemical company founded in 1934. At the time of its rebranding in 1994, UCIL employed 9,000 people. UCIL was 50.9% owned by Union Carbide and Carbon Corporation (UCC) located in the United States and 49.1% by Indian investors, including the Government of India and government-controlled banks.