GACL to invest Rs 2,500 cr in venture with German major

April 2011
Chemical Business;Apr2011, Vol. 25 Issue 4, p60
Trade Publication
The article reports on the joint venture formed by Gujarat Alkalies and Chemicals Ltd. (GACL) with Evonik-Degussa GmbH for the diversification of its product portfolio and reduction of dependence on caustic soda. A total of 1,800 crore rupees will be invested by GACL for the establishment of a plant to manufacture polyols. A memorandum of understanding (MOU) was signed by the companies at the Vibrant Gujarat Global Investors' Summit in January 2011. A brief background on GACL is presented.


Related Articles

  • GACL to invest Rs 2,500 cr in venture with German giant. Desai, Suresh Thakur // Chemical Business;May2011, Vol. 25 Issue 5, p39 

    The article reports on the plan of Gujarat Alkalies and Chemicals Ltd. (GACL) to invest 2,500 crore rupees in a joint venture with Germany-based specialty chemicals company Evonik-Degussa GmbH in 2011. The investment is part of the diversification of the product portfolio of GACL. A polyols...

  • NALCO and Gujarat Alkalies to jointly set up Rs 1,800 crore caustic soda plant.  // Chemical Industry Digest;12/30/2015, p1 

    The article reports on joint venture launched by aluminium industry National Aluminium Co. (NALCO) with Gujarat Alkalies and Chemicals Ltd. (GACL) to set up a caustic soda plant at Dahej in Gujarat, India. It mentions the plans for production of caustic soda under the joint venture firm...

  • Gujarat Alkalies and Chemicals Limited: (1994-95). Desai, Suresh Thakur // Chemical Business;Mar1996, Vol. 9 Issue 8, p55 

    Reports on the financial results at India's Gujarat Alkalies and Chemicals Ltd. for 1994-1995. Gross income; Gross profit; Profit after tax; Dividend.

  • Kingboard Chemical Kicks off Caustic Soda Project Phase IV.  // China Chemical Reporter;9/6/2009, Vol. 20 Issue 25, p16 

    The article reports on the foundation laid by Chemical Holdings Ltd. for the construction of its 100 tons ion-membrane caustic soda and 50,000 tons epichlorohy drin project at Songmu Industry Park in Hunan, China. It mentions that it is part of the company's phase IV project, which has an...

  • Evonik Sanzheng JV Builds Cyanuric Chloride Plant in Chongqing.  // China Chemical Reporter;1/6/2008, Vol. 19 Issue 1, p8 

    The article reports on the announcement of Evonik Degussa GmbH that its Sanzheng (Yingkou) Fine Chemicals Co. will construct a cyanuric chloride plant in China. The chemical plant will be manufacturing 30,000 tons of cyanuric chloride annually aimed at meeting the demands of agriculture,...

  • india.  // TCE: The Chemical Engineer;Feb2008, Issue 800, p9 

    This section offers news briefs on the chemical industry in India as of February 2008. Evonik, the German industrial group, announced that it has expanded its five-year old research and development (R&D) center in Mumbai. IChemE, Center for Process Safety (CCPS), and the Indian Chemicals Council...

  • Guj Alkalies to spend Rs 500 cr for expansion.  // Chemical Business;Oct2007, Vol. 21 Issue 10, p70 

    The article reports on the expansion of Indian caustic soda producer Gujarat Alkalies and Chemicals (GACL), in 2007. Reportedly, Rs 500 crore will be invested for the reported expansion to take up new projects and add power generation capacity. The decision by GACL to increase their...

  • INDIAN SCENE.  // Chemical Business;Feb2001, Vol. 15 Issue 2, p43 

    Presents news briefs related to the chemical industry in India as of February 2001. Export target of the Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council for 2006 and 2007; Increase in caustic soda prices from domestic producers; Phosphoric acid anti-dumping action taken by...

  • GACL to invest Rs. 490 cr in power projects.  // Chemical Business;May2008, Vol. 22 Issue 5, p59 

    The article reports on the plan of Gujarat Alkalies and Chemicals Ltd. (GACL) to set up a gas-based power unit at Dahej and a wind mill project in Kutch in India. The plants are expected to help in meeting energy equipment requirements as the company is in the process of increasing the capacity...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics