India Glycols to invest Rs. 304 Cr for ethanol manufacturing
Chemical

India Glycols to invest Rs. 304 Cr for ethanol manufacturing

The grain distillation capacities at Gorakhpur and Kashipur are expected to be commissioned by 31st March, 2022

  • By ICN Bureau | August 11, 2021

The Board of Directors of India Glycols Limited (IGL), a leading company that manufactures green technology based bulk, specialty and performance chemicals and natural gums, spirits, industrial gases, sugar and nutraceuticals, has approved to set up, install and commission grain based distillery units with a capacity of 180 KLPD and 110 KLPD at its Kashipur and Gorakhpur sites.

The grain distillation capacities at Gorakhpur and Kashipur are expected to be commissioned by 31st March, 2022 at an estimated total capital expenditure of approximately Rs. 304 crore.

The board has taken the decision considering the Government of India's program to increase Ethanol blending fuel in order to save valuable foreign exchange, benefit the farm sector, and also to go towards less polluting fuels. Accordingly, the industry is also encouraged to produce Ethanol from damaged grains in addition to molasses which is a byproduct of the sugar Industry.

Manufacture of good quality Ethanol and its value added derivatives has been a strength of India Glycols. The company is now planning to step up the production capacity of Ethanol considering the expected increase in demand of Ethanol on account of policies of the Central Government for achieving higher ethanol blending of 20% and also to cater to the growing demand for potable spirits.

India Glycols was established as a single mono-ethylene glycol plant in 1983. Since then, IGL has brought together cutting-edge technology, innovation and an unflagging commitment to quality, to manufacture a wide range of products that have found global demand. The company's integrated facilities manufacture chemicals including glycols, ethoxylates, glycol ethers and acetates, and various performance chemicals. Its product range spans the chemicals, spirits, herbal and other phytochemical extracts and guar gum, industrial gases and realty sectors, and finds application across an increasing number of industries.

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