Gujarat Alkalies and Chemicals Limited

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Gujarat Alkalies and Chemicals Limited
TypeGovernment Corporation
IndustryChemicals
Founded1973
Headquarters
Vadodara
,
India
Key people
Anil Mukim (Chairman)
Productscaustic soda, sodium cyanide, sodium ferrocyanide, hydrochloric acid, chloromethanes, caustic potash, potassium carbonate, phosphoric acid (85%) and hydrogen peroxide.
RevenueIncrease ₹2,724 crore (US$360 million) (2020)[1]
Decrease ₹332 crore (US$44 million) (2020)[1]
Total assetsIncrease ₹5,890 crore (US$780 million) (2020)[1]
OwnerMinistry of Chemicals and Petro-Chemicals, Government of Gujarat
Websitewww.gacl.com

Gujarat Alkalies and Chemicals Limited (GACL) is an state government owned chemical and alkalies manufacturer under the ownership of [[[Government of Gujarat|Ministry of Chemicals and Petro-Chemicals]], Government of Gujarat. Its manufacturing facilities are located at Dahej and Vadodara in Gujarat.[2] The company manufactures chemicals such as caustic soda, sodium cyanide, chloromethanes, sodium ferrocyanide, caustic potash, potassium carbonate, hydrochloric acid, phosphoric acid (85%) and hydrogen peroxide.[1][3]

History[]

GACL was incorporated by Gujarat Industrial Investment Corporation (GIIC) on 29 March 1973. The Government of Gujarat is the owner and major promoter of GACL.[3] The production began in 1976 at Vadodara plant with 37,425 MTPA capacity of caustic soda.[4] The company along with other corporations like GSFC, Petrofils Co-operative Ltd. and Gujarat Electricity Board promoted GIPCL Vadodara Gas based Power Station to fulfill electricity demand.[5] After subsequent expansion at both Vadodara and Dahej plant the total caustic soda productions reach 4,29,050 MTPA.[4]

GNAL[]

GACL and National Aluminium Company (NALCO) will jointly expands the GACL's plant at Dahej. The GNAL named joint ventured plant will have capacity of 266667 MTPA caustic soda plant along with 130 MW CPP at Dahej.[6][7] The equity holding of GACL and NALCO for the GNAL is in the ratio of 60: 40.[8] NALCO will purchase minimum 50,000 MTPA caustic soda from GNAL for its aluminium refineries.[9]

See also[]

References[]

  1. ^ a b c d "Guj Alkali Share Price, Guj Alkali Stock Price, Gujarat Alkalies and Chemicals Ltd. Stock Price, Share Price, Live BSE/NSE, Gujarat Alkalies and Chemicals Ltd. Bids Offers. Buy/Sell Gujarat Alkalies and Chemicals Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes". www.moneycontrol.com. Archived from the original on 21 April 2021. Retrieved 21 April 2021.
  2. ^ Sep 29, Ankur Jain / TNN / Updated; 2012; Ist, 19:52. "IICT: GACL to set up caustic soda plant with Nalco - Times of India". The Times of India. Archived from the original on 22 April 2021. Retrieved 22 April 2021.CS1 maint: numeric names: authors list (link)
  3. ^ a b "Guj. Alkalies & Chem: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Guj. Alkalies & Chem - NDTV". www.ndtv.com. Archived from the original on 21 April 2021. Retrieved 21 April 2021.
  4. ^ a b "Gujarat Alkalies & Chemicals Ltd". Business Standard India. Archived from the original on 21 April 2021. Retrieved 21 April 2021.
  5. ^ Market, Capital (9 December 2020). "GIPCL jumps on securing land in Gujarat". Business Standard India. Archived from the original on 2 March 2021. Retrieved 2 March 2021.
  6. ^ Market, Capital (12 August 2020). "Board of Gujarat Alkalies & Chemicals approves revision in project costs". Business Standard India. Archived from the original on 21 April 2021. Retrieved 21 April 2021.
  7. ^ "Gujarat Alkalies to set up ₹1,936-crore caustic soda plant". @businessline. Press Trust of India. Retrieved 22 April 2021.
  8. ^ "GACL-NALCO Alkalies & Chemicals Pvt. Ltd". www.gnal.co.in. Retrieved 22 April 2021.
  9. ^ Mazumdar, Rakhi. "NALCO, GACL form JV to set up caustic soda plant". The Economic Times. Archived from the original on 22 April 2021. Retrieved 22 April 2021.
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