Our Journey

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Mr Turner and Mr Morrison, two Britishers established “Turner Morrison Limited (TML)”, which grew into a conglomerate having mining, Shipping, Construction & Fabrication Business.


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TML established STP Limited for Production and Distribution of Coal Tar and Bituminous Products in India.

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STP Introduced Hessian Based Bitumen Impregnated Pre-Formed Membrane, in India initiating membrane based waterproofing for the first time in India.


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Introduced TarFelt, the hessian based membrane, which became a generic product.

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Established Jharia Factory for Coal Tar Products


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Established Bhandup, (Near Mumbai) Factory for Bituminous Products

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Established Ambattur, Chennai Factory.


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Established Kosi Kalan, Mathura Factory

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Times of India Group took over Reins of Turner Morrison Limited and consequently STP Limited.


Name Changed from Shalimar Tar Products (1935) Ltd. to STP Ltd.

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Established Jamshedpur Factory for Coal Tar Products, post nationalisation of Jhaira coal mines.


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Established Goa Factory for Construction Chemical Products.


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Introduced New Products like Polyester based Felts.

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Established Kosi Factory.


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Acquired Panoli Factory.


Set up Central R&D named “Avishkar”

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Established Hooghly Factory for Bituminous and Construction Chemical Products.


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Established PU Plant in  Goa.

Milestone of New Products (2012 – 2018)

Introduction of New Innovative Products by “Avishkar”,


TarFelt LM, First Bituminous Based Liquid Membrane (2012).

ShaliUrethane BTD: Low Temperature (-20°C) Flexible Water Based PU Liquid Membrane (2013).

ShaliUrethane BTD: Low Temperature (-20°C) Flexible Water Based PU Liquid Membrane (2013).

ShaliUrethane PC: Plural feed PU Coating of 1 mm DFT in Single Coat (2014).

ShaliCryl LM HI: Heat Insulated Acrylic Coating with exceeding 113 SRI value (2014).

ShaliUrethane LHM: 1K PU Moisture Cure Liquid Membrane (2014).

ShaliUrethane LM: 1K PU Moisture Cure Aliphatic Liquid Membrane (2015).

ShaliBond TPE: Epoxy adhesive for Thermoplastic Elastomeric Tape (2015).

ShaliSeal CSS A: MMA based Cycle Track & Sport Court Coating (2016).

STP Color Asphalt: Road Demarcation & Low Light Absorption (2016).

ShaliPoxy GF: Glass Flake Epoxy Coating (2017).

ShaliPoxy CTE 406: Plural feed Coal Tar Extended Epoxy Coating up to 400 microns DFT in Single Coat (2017).

ShaliPoxy CTE 403: Single feed Coal Tar Epoxy Coating up to 400 microns DFT in Single Coat (2017).

ShaliUrethane LHM 2K: 2K PU Waterproofing Liquid Membrane (2018).

ShaliKote NES 70: High Chemical Resistance and Flexible Epoxy Coating (2018).

ShaliPoxy 400 FG: Single and Plural feed WRAS approved Food Grade Epoxy Coating (2018).

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STP changed corporate vision to “Enhancing Structures Life” to capture its new identity.


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STP became a Berger Group of Company, w.e.f. November 1.