India Glycols Ltd

India Glycols Limited is one of the leading manufactures of Glycols, Ethoxylates PEGs, Performance Chemicals, Glycol Ether Acetates, Guar Gum and Potable Alcohol. India Glycols Ltd is the First company in the world to produce Ethylene Oxide (EO) / Mono Ethylene Glycol (MEG) from renewable agro route based on molasses, since 1989. The company is the Leading manufacturers of Glycols, Ethoxylates, Performance Chemicals, Glycol Ethers Acetates, Guar Gum and Potable Alcohol.The company has more than 1,000 customers in various such as Textile, Agrochemical, Oil Gas, Personal Care, Pharmaceuticals, Brake Fluids, Detergent, Emulsion Polymerisation paints etc.India Glycols (IGL) was promoted by Vam Organics to manufacture 20,000 tpa of monoethylene glycol (MEG) at Kashipur, UP. It produces diethylene glycol (DEG) and triethylene glycol (TEG) as byproducts and ethylene oxide (EO) as an intermediary.The company, controlled by Delhi based Bhartia family was incorporated as UP Glycols, a public limited company and subsequently the name was changed to India Glycols with effect from Sept.86.The company has its plant located at Kashipur in Uttranchal. The company has one Subsidiary namely IGL Finance Ltd. The companies another subsidiary CDL International ltd is to be amalgamated with the company as per Court orders.The company had technical tieup with Scientific Design Company, US, for the knowhow to convert ethanol into MEG. Further it tied up with Sanyo Chemical Industries Ltd. of Japan during 199596 to secure world class technology in the field of Industrial Surfactants covering major industries like Textiles, Toiletries etc. The company diversified into the manufacture of ethylene oxide condensates/derivatives and its new plant for this at a cost of Rs.40 Crores has commenced commercial production in Feb.95. The Company set up an 100% Export Oriented Unit for manufacture of Guar Gum Powder and its derivatives and it has been registered as a 100% EOU. The company has also successfully commissioned speciality surfactants project in collaboration with Sanyo Chemical Industries Ltd in September 1997.During 20002001, CDS International Ltd became a subsidiary of the company.During 200102 the expansion of EO/MEG was completed and the production for the expanded capacity has also been commenced.In February 2005, the company commissioned enhanced capacity of MEG. The company undertook a scheme to produce RAB (concentrated sugarcane Juice) to product ethanol to supplement feed stock requirement for expanded capacity of MEG. The unit will be fully completed and commissioned by December 2005. The Honble High Court of Uttaranchal vide their order dated July 15, 2004 and Honble High Court of Karnataka vide their order dated September 12, 2005 amended on January 30, 2006 have approved the scheme of amalgamation of M/s. CDS International Limited (100% subsidiary of India Glycols Limited) with India Glycols Limited.During 20052006, the company commenced production at the newly set up facility to manufacture RAB on 1st February 1, 2006. Production at the new industrial gases plant commenced in January, 2006 and capacity of Oxygen, Nitrogen, Argon are installed with 10400 NM3/Hr, 2828 NM3/Hr, 232 NM3/Hr. A new distillery plant has been set up with an annual production capacity of 66,000 KBL, at Gorakhpur in Eastern UP. The plant has been commissioned in March 2006.The company is enhancing the existing capacity of Glycol Ether division from 17000 MT to 44000 MT. Glycol Ether Acetate capacity is also increased to 18000 MT. The company is diversifying in to the field of herbal farming and for the purpose herbal farms have been leased from Uttaranchal State Government. The company is also setting up Herbal Extraction unit under Foreign Technology Collaboration. The company is also adding up a Chiller Plant and carrying out modification to use methane blast in place of nitrogen blast. The company is setting up a Turbo Generator of 12 MW capacity.A new distillery was set up with an annual production capacity of 66000 KBL, at Gorakhpur in Eastern U.P. The Company installed Multi Effect Evaporator at Gorakhpur and Kashipur distilleries for concentration of spent wash (effluent) from distillery, utilised in boiler as fuel to produce steam and power in 2007. During the year 200607, newly set up RAB (concentrated sugarcane juice) unit was completely operational.During the year 200708, the Company acquired controlling stake in the Shakumbari Sugar Allied Industries Limited (SSAIL), which operates a sugar manufacturing plant in the state of Uttar Pradesh with a crushing capacity of 3200 tones per day (TCD) along with a modern distillery of 40 kl per day (KLPD), producing highquality rectified spirit, ethanol and country liquor and an internal bagassefired cogeneration plant of 3 MW catering to the captive power needs of the sugar and distillery units. It set up a 100% exportoriented unit (100% EOU)by the name of Ennature Biopharma Division. It also established a subsidiary in Singapore to augment its activities in the South East region and help the marketing of products from the supercritical fluid extraction facility at Dehradun to large buyers in the US and Europe.The Company completed Phase I of sugar manufacturing plant, which enhanced its expansion capacity from 3200 TCD to 5500 TCD and cogeneration plant capacity was enhanced from 3 MW to 11.4 MW of power generation during FY 200809.During FY 201112, the Company set up two 45 TPH SLOP boilers, one at Kashipur and other one at Gorakhpur for fuel saving and for treatment of effluent. It expanded Guar Gum plant capacity to meet huge demand of Guar oil field derivatives in international market.During the year 201314, Company launched premium products under the brand name of V2O Vodka in three flavors viz. Orange, Green Apple and Smooth. It extended the launch of Beach House Premium XXX Rum. The Ennature Biopharma division established Supercritical Fluid Extraction CO2 and solvent extraction facility at Dehradun. The Gorakhpur Unit, commissioned a 12 MW Biomass based cogeneration plant based on Multifuel i.e. Rice Husk Concentrated Spent Wash (Slop) for Power generation and sale of the surplus power was started to the Power Grid.As on 31st March, 2015, the Company had 5 subsidiaries and 1 joint venture company. Further, during the year 201516, IGL Infrastructure Private Limited ceased to be subsidiary w.e.f. 14th September, 2015.In FY 201617, the Company launched Soulmate Blu, a Premium Whisky in semipremium segment in the eastern states of Uttarakhand and Haryana. It started Country Liquor operations from its Gorakhpur Unit during FY 201819. It setup Power Alcohol plants at Kashipur and Gorakhpur units each with a capacity of 100 KL per day.The Company launched IMFL brands namely, IGL Bunty Vodka Green Apple and IGL Salute Premium Whisky in Tetra Pack (180 ML), a Premium Vodka and Whisky in semipremium segment in the State of Uttar Pradesh in FY 201920.During the year 202021, two new whollyowned subsidiaries namely IGL Green Chemicals Private Limited and IGL Chemicals and Services Private Limited were incorporated. In FY 202122, the Company formed a 49:51 Joint Venture with Clariant International Limited for Companys BioEO (Speciality Chemicals) Business and approving setting up grain distilleries at Kashipur and Gorakhpur sites.