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Gujarat Alkalies eyes Rs 5,000 crore top-line by 2020

29 May 2017 Evaluate

Gujarat Alkalies and Chemicals (GACL) is planning to garner a top-line of Rs 5,000 crore by 2020. The Gujarat PSU currently has a turnover of more than Rs 2,000 crore.

The company is in advance stage of implementing various projects on hand. It included setting up Rs 1,800 crore caustic soda plant, establishment of 33,870 TPA food grade phosphoric acid unit at Dahej and a hydrogen peroxide (H2O2) plant, also in Dahej.

GACL 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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