Gulshan Polyols signs long term agreement with OMCs in Madhya Pradesh

Gulshan Polyols Limited has received signed and executed a Long Term Offtake Agreement, today on January 8, 2022 for setting up of upcoming Standalone dedicated ethanol plant of 500 KLPD at M P A K V N Industrial Area, Borgaon, Chhindwara, Madhya Pradesh in ethanol deficit states for supply of indigenous denatured anhydrous ethanol to Oil Marketing Companies (OMCs) under Ethanol Blending Petroleum Program to meet ethanol requirements for 20% blending by year 2025 by using corn / maize and rice combination.

The long-term offtake agreement with OMCs effective from January 15, 2022 and valid for 10 years, offered jointly by and brief executed with i.e IOCL, BPCL & HPCL for an annual off take quantity of 8.91 crores Litres per annum of ethanol.

Zuari Agro Chemicals resumes operations at Zuarinagar NPK B plant

Zuari Agro Chemicals Ltd's NPK B Plant has resumed its operations effective 7th January, 2022. The company had earlier announced the shutdown of NPK Plants of the company at Zuarinagar, Goa.

Investigating agency visits Omkar Specialty Chemicals premises

The officials of the investigating agency visited the office and manufacturing facilities of Omkar Specialty Chemicals Limited and sought certain data and information from the company. The agency officials have interacted with the directors of the company for obtaining relevant information and the management have offered their full cooperation to the investigating officials. The management has confirmed and declared that there is nothing that has adversely affected the present day working of the company.