India Glycols Ltd - Company Profile
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Business Description
India Glycols Ltd (IGL) manufactures and sells a wide range of chemicals. The company's products include glycols, ethylene oxide derivatives (EOD), ethoxylates, glycol ethers and acetates, performance chemicals, guar gum and ethyl alcohol (potable). IGL serves various industries such as agrochemicals, automotive, detergents, healthcare and food processing, mining, oil and gas, paper, personal care, pharmaceuticals, paints, and textiles.
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R&D Overview
IGL has undertaken several R&D initiatives focused on innovation and sustainability. These include setting up new pilot plant facilities for process and product development, formulating a comprehensive NPD plan for novel specialties, expanding the nutraceutical value-added business with a new lab facility, and initiating preclinical and clinical evaluations for new products. The company is also focused on developing indigenous products using local resources while meeting global quality standards, emphasizing green chemistry and sustainable practices. The R&D unit of India Glycols Ltd is located at the newly established R&D facility in Kashipur. This unit is responsible for expanding pilot plant facilities, developing novel specialties, and enhancing the company's capabilities in designing and developing products with a low carbon footprint. In FY2025, the company spent INR104.2 million on R&D, which as a percentage of revenue stood at 0.1%.
Business Segments
Overview
It manufactuires and supplies chemicals including glycols, ethoxylates and polyethylene glycols, glycol ethers and acetates, and various performance chemicals. Produces bio-ethylene glycols using monoethylene glycol (MEG), diethylene glycol (DEG) and triethylene glycol (TEG) molasses. These products are used in the manufacturing of polyester film, yarn, fiber, and resin and as an automobile coolant. Aims to grow its business by developing new products and applications in the areas of textile business, oil field business, and paper chemicals
Performance
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Overview
Comprises of Ethanol, DDGS & DWGS
Performance
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Overview
Manufactures and sells nutraceutical products
Performance
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Overview
Manufactures and markets ethyl alcohol Produces three types of alcohol: Indian Made Foreign Liquor (IMFL), country liquor, and extra neutral alcohol or rectified spirit. The company has a presence in the semi-premium, regular and prestige segments within the whiskey, brandy, rum, vodka and gin product categories
Performance
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Geographical Segments
Performance
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Performance
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