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Gulshan Polyols bags order worth Rs 572 crore

05 Dec 2023 Evaluate

Gulshan Polyols has been awarded a contract for supplying 89404 Kilolitres of Ethanol from its 500 KLPD Ethanol plant at Boregaon with an order value of around Rs 572 crore. The company will supply Ethanol to BPCL, IOCL and HPCL.

Earlier, the Company had participated in a tender floated by Oil Marketing Companies (OMCs) inviting various molasses and grain based distilleries for supplying Ethanol under EBPP during Ethanol Supply Year (ESY) till October 31, 2024 at their various locations across the country.

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.


Peers
Company Name CMP
United Spirits 1422.15
United Breweries 1253.30
Radico Khaitan 4555.00
India Glycols 310.10
Allied Blenders&Dist 715.20
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