ARCL Organics has signed a memorandum of understanding (MOU) with Industrial and Investment Corporation of Odisha for setting up a project in Paradip Port. The proposed investment for project is Rs 500 crore.
ARCL Organics is more than a Fifty-year-old company in eastern India with headquarters based in Calcutta, engaged in manufacturing petrochemicals and its downstream products like Formaldehyde, Para Formaldehyde, Penta, Hexamine and various types of spray dried powder resins, liquid glue etc. for wood based panel industry.