Gulshan Polyols has received signed and executed a Long Term Offtake Agreement, on January 8, 2022 for setting up of upcoming Standalone dedicated ethanol plant of 500 KLPD at M P A K V N Industrial Area, Borgaon, Tehsil Sausar, Distt. Chhindwara, Madhya Pradesh in ethanol deficit states for supply of Indigenous Denatured Anhydrous Ethanol to Oil Marketing Companies (OMCs) under Ethanol Blending Petroleum Program to meet ethanol requirements for 20% blending by year 2025 by using corn / maize and rice combination.
The Long-term Offtake Agreement with OMCs effective from January 15, 2022 and valid for 10 years, offered jointly by and brief executed with i.e IOCL, BPCL & HPCL for an annual off take quantity of 8.91 crore Litres per annum of Ethanol.
Gulshan Polyols is engaged in manufacturing of ‘Sorbitol-70%’. Sorbitol, a starch derivative, sweet in taste, finds wide range application, the major uses in dentrifice, cosmetic, Pharma, Vitamin-C, food products etc.
Company Name | CMP |
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Nestle | 2510.00 |
Britannia Inds | 4783.75 |
Varun Beverages | 1479.00 |
Marico | 518.20 |
Hatsun Agro Product | 1092.00 |
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