India Glycols has received approval to set up, install and commission grain based distillery units with a capacity of 180 KLPD and 110 KLPD at its Kashipur and Gorakhpur Sites. An estimated total capital expenditure of approximately Rs. 304 crore would be incurred on the project. The grain distillation capacities at Gorakhpur and Kashipur are expected to be commissioned by March 31, 2022. The Board in its meeting held on August 10, 2021 has, inter-alia, considered and approved the same.
India Glycols manufactures Industrial Chemicals such as green technology based bulk, specialty and performance chemicals and natural gums and industrial gases; Ethyl Alcohol (Potable) and nutraceuticals.
