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GACL, NALCO incorporate new JV company ‘GACL-NALCO Alkalies & Chemicals’

09 Dec 2015 Evaluate

Gujarat Alkalies and Chemicals (GACL), a company promoted by Government of Gujarat and National Aluminium Company (NALCO), a Government of India enterprise (A Navratna company) have jointly incorporated a new joint venture (JV) company -- ‘GACL-NALCO Alkalies & Chemicals’ for setting up of 800 TPD Caustic Soda Plant and 100 MW Coal Based Power Plant at Dahej in Gujarat.

Gujarat Alkalies and Chemicals is engaged in business of manufacturing basic chemicals such as sodium cyanide, sodium ferrocyanide, chloromethanes, hydrochloric acid, caustic potash, potassium carbonate, phosphoric acid (85%) and hydrogen peroxide.

Peers
Company Name CMP
Godrej Industries 1054.40
SRF 2434.70
BASF India 3440.10
Pidilite Inds. 1470.00
Tata Chemicals 614.70
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