Andhra Petrochemicals has temporarily shut-down operations at its Visakhapatnam plant from June 15, 2016 due to un-remunerative realisation of the company’s products, i.e., Oxo-Alcohols, coupled with surge in imports.
Andhra Petrochemicals was promoted by the Andhra Pradesh Industrial Development Corporation (APIDC) and The Andhra Sugars (ASL) as a joint sector company The company's principal activity is manufacture and sale of oxo alcohols. The oxo alcohol products are ethyl hexanol, normal butanol and iso butanol.
