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]
| Company type | Public |
|---|---|
| Industry | Chemicals |
| Founded | 1973 |
| Headquarters | , India |
Key people | Hasmukh Adhia (Chairman) |
| Products | Caustic soda, sodium cyanide, sodium ferrocyanide, hydrochloric acid, chloromethanes, caustic potash, potassium carbonate, phosphoric acid (85%) and hydrogen peroxide. |
| Revenue |  ₹3,762.2 crore (US$450 million) (2022)[1] |
| ₹788.39 crore (US$94 million) (2022) | |
| ₹559.76 crore (US$67 million) (2022)[1] | |
| Total assets | ₹5,890 crore (US$710 million) (2020)[1] |
| Owner | Government of Gujarat |
| Website | www |
History
editGACL 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
editGACL 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
editReferences
edit- ^ 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.
- ^ 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.
- ^ 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.
- ^ a b "Gujarat Alkalies & Chemicals Ltd". Business Standard India. Archived from the original on 21 April 2021. Retrieved 21 April 2021.
- ^ 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.
- ^ 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.
- ^ "Gujarat Alkalies to set up ₹1,936-crore caustic soda plant". @businessline. Press Trust of India. 11 November 2016. Retrieved 22 April 2021.
- ^ "GACL-NALCO Alkalies & Chemicals Pvt. Ltd". www.gnal.co.in. Retrieved 22 April 2021.
- ^ 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.