Gujarat Alkalies and Chemicals Limited

Gujarat Alkalies and Chemicals Limited
Company typePublic
IndustryChemicals
Founded1973
Headquarters
Vadodara, Gujarat
,
India
Key people
Hasmukh Adhia (Chairman)
ProductsCaustic soda, sodium cyanide, sodium ferrocyanide, hydrochloric acid, chloromethanes, caustic potash, potassium carbonate, phosphoric acid (85%) and hydrogen peroxide.
RevenueIncrease ₹3,762.2 crore (US$430 million) (2022)[1]
Increase ₹788.39 crore (US$91 million) (2022)
Increase ₹559.76 crore (US$65 million) (2022)[1]
Total assetsIncrease ₹5,890 crore (US$680 million) (2020)[1]
OwnerGovernment of Gujarat
Websitewww.gacl.com

Gujarat Alkalies and Chemicals Limited (GACL) is an Indian chemical substance manufacturing company, promoted by the 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 the Vadodara plant with a capacity of 37,425 MTPA 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 the Vadodara and Dahej plant the total caustic soda productions reach 4,29,050 MTPA.[4]

GNAL

GACL and National Aluminium Company (NALCO) will jointly expand the GACL's plant at Dahej. The joint venture plant, named GNAL, will have a capacity of 266,667 MTPA caustic soda plant along with a 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 a minimum of 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. ^ Ankur Jain (29 September 2012). "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.
  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. 11 November 2016. 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.