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India Glycols to expand facilities for New Value-Added chemical Products

07 Aug 2023 Evaluate

India Glycols is in the process of expanding facilities for New Value-Added chemical Products, in view of growing demand for speciality chemicals for various end markets. This is the areas of Bio-based Specialty and Performance Chemicals segment which includes carbon smart products. The project is being implemented in phases having total production capacity of approximately 10,000 MT/year and involves a cost of approximately Rs 82 crore and is expected to be completed by Q4FY24. 

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.


Peers
Company Name CMP
United Spirits 1409.10
United Breweries 1199.00
Radico Khaitan 4488.10
India Glycols 292.90
Allied Blenders&Dist 709.40
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