I G Petrochemicals Ltd - Company Profile
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I G Petrochemicals Ltd (IGPL) is a manufacturer and distributor of petrochemical products. Its products include phthalic anhydride (PAN), maleic anhydride (MAN), benzoic acid, and diethyl phthalate (DEP). IGPL's products are used in various industries, including plastics, paints, coatings, packaging, agriculture, automotive, electronics, construction and personal care. The company's products find application in plasticizers, unsaturated polyester resins, alkyd resins, and CPC pigments. IGPL products are also used in pharmaceuticals, perfumes and fragrances, personal care products, incense sticks, cosmetics, toiletries, and other industrial applications. Its manufacturing unit is located at Taloja, Maharashtra. The company offers its products to chemical manufacturers, detergent producers, insecticide and fungicide companies, and personal care product manufacturers globally. IGPL is headquartered in Mumbai, Maharashtra, India.
I G Petrochemicals Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Benzoic Acid |
| Diethyl Phthalate |
| Maleic Anhydride |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2017 | Acquisitions/Mergers/Takeovers | In March, the company completely acquired the MaleicAnhydride (MA) business from Mysore Petro Chemicals Ltd. (MPCL). |
| 2016 | Corporate Changes/Expansions | In September, IG Petrochemicals formed a subsidiary IGPL International Ltd. |
| 2015 | Contracts/Agreements | In November, I G Petrochemicals entered into a joint venture agreement with Dubai Natural Gas Company (DUGAS) to setup a Maleic Anhydride manufacturing facility. The joint venture company will be named as ENOC - I G Petrochemicals LLC. |
Competitor Comparison
| Key Parameters | I G Petrochemicals Ltd | UPC Technology Corp | Tata Chemicals Ltd | Pidilite Industries Ltd | Thirumalai Chemicals Ltd |
|---|---|---|---|---|---|
| Headquarters | India | Taiwan | India | India | India |
| City | Mumbai | Taipei | Mumbai | Mumbai | Chennai |
| State/Province | Maharashtra | Taipei | Maharashtra | Maharashtra | Tamil Nadu |
| No. of Employees | 500 | 1,381 | 4,789 | 8,153 | 533 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nikunj Dhanuka | Chairman; Managing Director | Executive Board | 2025 | - |
| Mayank Dhanuka | Chief Executive Officer; Director | Executive Board | 2025 | - |
| Pramod Bhandari | Chief Financial Officer | Senior Management | - | - |
| Umang Dhanuka | Chief Marketing Officer | Senior Management | - | - |
| Rajkumar VP | Chief Human Resources Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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