GACL ramps up its production capacity
Gujarat Alkalies and Chemicals has taken up various new projects planned to be executed by financial year 2020-21. Such projects include increasing the production capacity for chloromethanes plant from 37,950 TPA to 56,100 TPA at Vadodara Complex, expanding hydrogen peroxide capacity by putting up another new 14,000 TPA plant, establishment of a new 1,05,000 TPA chloromethanes plant and 33,870 TPA food grade phosphoric acid plant at Dahej Complex.
The company is also expanding capacity of Stable Bleaching Powder (SBP) by putting up a new 15,000 TPA plant and Anhydrous Aluminum Chloride (AAC) by putting up a new 16,500 TPA plant at Dahej Complex. A pilot project on converting waste liquid into a marketable products, anhydrous sodium sulphate project is under implementation and is expected to be operational during the financial year 2017-18. This information was revealed during the company’s recently concluded 44thAnnual General Meeting.
GACL also formed a joint venture company with National Aluminium Company Ltd. (NALCO) – GACL-NALCO Alkalies & Chemicals Pvt. Ltd. -which was incorporated on4thDecember, 2015 for setting up a new 800 TPD caustic soda plant integrated with a 130 MW coal-based power plant at Dahej.
During the financial year 2016-17, the company has once again surpassed the highest ever sales, achieving a turnover of Rs. 2,255 crore in the financial year 2016-17 as against Rs. 2,179 crore in the previous financial year. This could be achieved despite keen competition and adverse market conditions. The company generated gross profit of Rs. 506 crore in the financial year 2016-17 as against Rs. 380 crore during the previous year, registering a growth of 33%.
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