IG Petrochemicals through its wholly owned subsidiary IGPL (FZE) has entered into a Joint Venture (JV) with Dubai Natural Gas Co., UAE (DUGAS) for the manufacturing of Maleic Anhydride with a capacity of 45,000 MTPA. DUGAS is a wholly owned subsidiary of the Emirates National Oil Company (ENOC) and are a well diversified large conglomerate with interest in the oil and gas industry. The JV will be called ENOC - I G Petrochemicals LLC.
IG Petrochemicals is a dominant player in the domestic Phthalic Anhydride (PAN) industry. IGPL has its manufacturing facilities located at Taloja, Maharashtra.