UpdateBot at 04:53, 25 March 2022

2022-03-25T04:53:06Z

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{{Use dmy dates|date=June 2021}}
{{Infobox company
| name = Gujarat Alkalies and Chemicals Limited
| logo =
| logo_size =
| logo_alt =
| type = [[Government of Gujarat|Government Corporation]]
| traded_as = {{ubl|{{BSE|530001}}|{{NSE|GUJALKALI}}}}
| industry = [[Chemical industry|Chemicals]]
| foundation = 1973
| founder =
| location_city = [[Vadodara]]
| location_country = [[India]]
| key_people = Anil Mukim (Chairman)
| products = [[caustic soda]], [[sodium cyanide]], [[sodium ferrocyanide]], [[hydrochloric acid]], chloromethanes, [[caustic potash]], [[potassium carbonate]], [[phosphoric acid]] (85%) and [[hydrogen peroxide]].
| revenue = {{increase}} {{INRConvert|2724|c}} (2020)<ref name=":0">{{Cite web|title=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|url=https://www.moneycontrol.com/india/stockpricequote/chemicals/gujaratalkalieschemicals/GAC01|url-status=live|archive-url=https://web.archive.org/web/20210421132053/https://www.moneycontrol.com/india/stockpricequote/chemicals/gujaratalkalieschemicals/GAC01|archive-date=2021-04-21|access-date=2021-04-21|website=www.moneycontrol.com|language=en}}</ref>
| operating_income =
| net_income = {{decrease}} {{INRConvert|332|c}} (2020)<ref name=":0" />
| assets = {{increase}} {{INRConvert|5890|c}} (2020)<ref name=":0" />
| equity =
| owner = [[Government of Gujarat|Ministry of Chemicals and Petro-Chemicals]], [[Government of Gujarat]]
| num_employees =
| homepage = {{Url |www.gacl.com/}}
}}
'''Gujarat Alkalies and Chemicals Limited (GACL)''' is an state government owned chemical and alkalis manufacturer under the [[ownership]] of [[Government of Gujarat]]. Its manufacturing facilities are located at [[Dahej]] and [[Vadodara]] in [[Gujarat]].<ref>{{Cite web|author=Ankur Jain|date=Sep 29, 2012|title=IICT: GACL to set up caustic soda plant with Nalco - Times of India|url=https://timesofindia.indiatimes.com/business/india-business/gacl-to-set-up-caustic-soda-plant-with-nalco/articleshow/16604080.cms|url-status=live|archive-url=https://web.archive.org/web/20210422163512/https://timesofindia.indiatimes.com/business/india-business/gacl-to-set-up-caustic-soda-plant-with-nalco/articleshow/16604080.cms|archive-date=2021-04-22|access-date=2021-04-22|website=The Times of India|language=en}}</ref> The company manufactures chemicals such as [[Sodium hydroxide|caustic soda]], [[sodium cyanide]], [[chloromethane]]s, [[sodium ferrocyanide]], [[Potassium hydroxide|caustic potash]], [[potassium carbonate]], [[hydrochloric acid]], [[phosphoric acid]] (85%) and [[hydrogen peroxide]].<ref name=":0" /><ref name=":1" />

== History ==
GACL was incorporated by Gujarat Industrial Investment Corporation (GIIC) on 29 March 1973. The [[Government of Gujarat]] is the owner and major promoter of GACL.<ref name=":1">{{Cite web|title=Guj. Alkalies & Chem: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Guj. Alkalies & Chem - NDTV|url=https://www.ndtv.com/business/stock/gujarat-alkalies-chemicals-ltd_gujalkali/reports|url-status=live|archive-url=https://web.archive.org/web/20210421133534/https://www.ndtv.com/business/stock/gujarat-alkalies-chemicals-ltd_gujalkali/reports|archive-date=2021-04-21|access-date=2021-04-21|website=www.ndtv.com|language=en}}</ref> The production began in 1976 at Vadodara plant with 37,425 MTPA capacity of caustic soda.<ref name=":2">{{Cite news|title=Gujarat Alkalies & Chemicals Ltd.|work=Business Standard India|url=https://www.business-standard.com/company/gujarat-alkalies-217/information/company-history|access-date=2021-04-21|archive-url=https://web.archive.org/web/20210421133543/https://www.business-standard.com/company/gujarat-alkalies-217/information/company-history|archive-date=2021-04-21}}</ref> The company along with other corporations like [[Gujarat State Fertilizers and Chemicals|GSFC]], Petrofils Co-operative Ltd. and Gujarat Electricity Board promoted [[GIPCL Vadodara Gas based Power Station]] to fulfill electricity demand.<ref>{{Cite news|last=Market|first=Capital|date=2020-12-09|title=GIPCL jumps on securing land in Gujarat|work=Business Standard India|url=https://www.business-standard.com/article/news-cm/gipcl-jumps-on-securing-land-in-gujarat-120120900215_1.html|access-date=2021-03-02|archive-url=https://web.archive.org/web/20210302063945/https://www.business-standard.com/article/news-cm/gipcl-jumps-on-securing-land-in-gujarat-120120900215_1.html|archive-date=2021-03-02}}</ref> After subsequent expansion at both Vadodara and Dahej plant the total caustic soda productions reach 4,29,050 MTPA.<ref name=":2" />

== GNAL ==
GACL and [[National Aluminium Company]] (NALCO) will jointly expands the GACL's plant at Dahej. The GNAL named joint ventured plant will have capacity of 266667 MTPA caustic soda plant along with 130 MW [[Captive power plant|CPP]] at Dahej.<ref>{{Cite news|last=Market|first=Capital|date=2020-08-12|title=Board of Gujarat Alkalies & Chemicals approves revision in project costs|work=Business Standard India|url=https://www.business-standard.com/article/news-cm/board-of-gujarat-alkalies-chemicals-approves-revision-in-project-costs-120081200302_1.html|access-date=2021-04-21|archive-url=https://web.archive.org/web/20210421153007/https://www.business-standard.com/article/news-cm/board-of-gujarat-alkalies-chemicals-approves-revision-in-project-costs-120081200302_1.html|archive-date=2021-04-21}}</ref><ref>{{Cite web|agency=Press Trust of India|title=Gujarat Alkalies to set up ₹1,936-crore caustic soda plant|url=https://www.thehindubusinessline.com/companies/gujarat-alkalies-to-set-up-1936crore-caustic-soda-plant/article9335038.ece|access-date=2021-04-22|website=@businessline|language=en}}</ref> The equity holding of GACL and NALCO for the GNAL is in the ratio of 60: 40.<ref>{{Cite web|title=GACL-NALCO Alkalies & Chemicals Pvt. Ltd.|url=http://www.gnal.co.in/|access-date=2021-04-22|website=www.gnal.co.in}}</ref> NALCO will purchase minimum 50,000 MTPA caustic soda from GNAL for its aluminium refineries.<ref>{{Cite news|last=Mazumdar|first=Rakhi|title=NALCO, GACL form JV to set up caustic soda plant|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/nalco-gacl-form-jv-to-set-up-caustic-soda-plant/articleshow/50094132.cms|access-date=2021-04-22|archive-url=https://web.archive.org/web/20210422144351/https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/nalco-gacl-form-jv-to-set-up-caustic-soda-plant/articleshow/50094132.cms|archive-date=2021-04-22}}</ref>

== See also ==

* [[Deepak Nitrite]]

== References ==
{{Reflist}}

[[Category:Manufacturing companies of India]]
[[Category:1973 establishments in Gujarat]]
[[Category:Companies based in Vadodara]]
[[Category:Manufacturing companies established in 1973]]
[[Category:Indian companies established in 1973]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Gujarat Alkalies and Chemicals Limited - Revision history

UpdateBot at 04:53, 25 March 2022