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Gujarat Alkalies & Chemicals informs about updates

09 Nov 2021 Evaluate
Gujarat Alkalies & Chemicals has informed that patent has been granted to the patentee., Council of Scientific and Industrial Research & Gujarat Alkalies and Chemicals for an invention entitled 'An Improved Process For Production Of Hydrazine Hydrate' by the Controller of Patent, the Patent Office, Government of India. As informed earlier, 10000 TPA (80%) Hydrazine Hydrate Project, with forward integration to Hydrogen Peroxide, for the manufacturing of an import substitute at Dahej, is under implementation and it is expected to go live in the last quarter of the current FY 2021-22. This is a major step towards 'Atmanirbhar Bharat' - vision of the Honarable Prime Minister of India for making the India a self-reliant nation, in Chemical Sector.

The above information is a part of company’s filings submitted to BSE.

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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