Expansion2 Mar 2026, 07:11 pm
IOL Chemicals & Pharmaceuticals Expands Ethyl Acetate and Acetic Anhydride Manufacturing Capacities
AI Summary
IOL Chemicals & Pharmaceuticals Ltd. has expanded its manufacturing capacity for Ethyl Acetate from 1,00,000 MT per annum to 1,20,000 MT per annum and for Acetic Anhydride from 25,000 MT per annum to 32,000 MT per annum. The expansion was funded through internal accruals, amounting to approximately Rs. 4 Crore for Ethyl Acetate and Rs. 5.71 Crore for Acetic Anhydride. The proposed capacity additions have been completed on 2nd March 2026 and 24th March 2026 respectively.
Key Highlights
- Ethyl Acetate manufacturing capacity expanded from 1,00,000 MT per annum to 1,20,000 MT per annum.
- Acetic Anhydride manufacturing capacity expanded from 25,000 MT per annum to 32,000 MT per annum.
- Expansion funded through internal accruals, amounting to approximately Rs. 4 Crore for Ethyl Acetate and Rs. 5.71 Crore for Acetic Anhydride.
- Proposed capacity additions completed on 2nd March 2026 and 24th March 2026 for Ethyl Acetate and Acetic Anhydride respectively.