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IGPL has reengineered processes to reduce waste
Total demand for phthalic anhydride in India is approximately 350,000 metric tonne (MT). IG Petrochemicals Ltd is the leading player in this industry with production capacity of 1,69,110 MT, with exports accounting for 30,000 MT. Other players include Thirumalai Chemicals, Asian Paints (mostly for captive consumption), Schenectady Chemicals (erstwhile Herdelia Chemicals), etc. Imports have been rising continuously in the last 3 years – growing from 35,400 MT in FY15 to 85,000 MT in FY17.Read more