Assam Petro-Chemicals Limited
| Public | |
| Traded as | BSE: 506267 |
| ISIN | 🆔 |
| Industry | Chemicals |
| Founded 📆 | 1971 |
| Founder 👔 | |
| Headquarters 🏙️ | , Namrup, Assam , India |
Area served 🗺️ | |
Key people | Jagadish Bhuyan (Chairman) Bikul Ch. Deka (Vice-Chairman)[1] |
| Products 📟 | Industrial chemicals |
| Owner |
|
| Members | |
Number of employees | |
| 🌐 Website | assampetrochemicals |
| 📇 Address | |
| 📞 telephone | |
Assam Petro-Chemicals Limited is a semi-government Indian company with major stakes held by Government of Assam, Oil India Limited and Assam Industrial Development Corporation (AIDC).[3] The company was incorporated in 1971 and by 1976 had started production at their small methanol plant located at Namrup along with Formaldehyde and a few urea-formaldehyde resins like urea-formaldehyde glue and urea-formaldehyde moulding powder. Post expansion in 1989 and 1998, the company expanded the Methanol plant to the capacity of 100TPD (tonnes per day) and Formaldehyde Plant to 100TPD.[4] The company announced in September 2017 that it would invest ₹1,337 crore (US$190 million) and expand to produce 500TPD Methanol and 200TPD formalin and become the largest producer of methanol in India.[5][6][7] The required feedstock for these plants are natural gas, urea and carbon dioxide. Natural gas, supplied by Oil India Ltd, is used as feedstock for methanol production.[8] Urea and carbon dioxide are supplied by Namrup Fertilizer Plant.[9]
Methanol production[edit]
The company is among the top five producers of methanol in India; the other four being Gujarat Narmada Valley Fertilisers & Chemicals, Deepak Fertilisers and Petrochemicals Corporation Limited, Rashtriya Chemicals & Fertilizers and National Fertilizers Limited.[10]
In October 2018, the company became the first in India to start a pilot project to use methanol as cooking gas in place of conventions LPG. At the launch, the canisters weighing 1.2kg each were priced at ₹32 each. 18 such canisters of methanol were equivalent to one LPG cylinder which is used for domestic cooking in India. The project was launched in support of NITI Aayog under their concept of “Methanol Economy” to reduce cost of importing LPG.[8][11][12]
References[edit]
- ↑ "Board of Directors". Retrieved 12 June 2019.
- ↑ "Share Holding Pattern". 7 March 2019. Retrieved 12 June 2019.
- ↑ "Assam Petro-chemicals Limited bags Skoch Gold Award". The Sentinel. 2018-12-08. Retrieved 2019-06-12.
- ↑ "Assam Petro-chemicals Limited - About us". 2015. Retrieved 12 June 2019.
- ↑ Singh, Bikash (24 September 2017). "Assam Petrochemicals Limited to invest Rs 1337 crore to set up second unit". Economic Times. Retrieved 12 June 2019.
- ↑ Tripathy, Tejesh (2019-05-03). "BJP respects all views: Sonowal". The Telegrah. Retrieved 2019-06-12.
Addressing the gathering after laying the foundation stone of a formalin plant ... The Assam Petro-Chemicals Limited will supply methanol, the raw material needed to make formalin (preservative), to this plant which will produce 200 tonnes of formalin daily. The plant, for which 163 bighas has been allotted by the government at Dhaknamari, is being set up at a cost of Rs 100 crore.
- ↑ Karamakar, Rahul (5 October 2018). "India's first methanol cooking fuel debuts in Assam". The Hindu. Retrieved 18 June 2019.
- ↑ 8.0 8.1 Kalita, Prabin (28 September 2018). "Assam Petrochemicals Ltd to roll out country's first methanol-based cooking fuel". Times of India. Retrieved 13 June 2019.
- ↑ Atikuddin Ahmed (1987). The Anatomy of Rural Poverty in Assam. Mittal Publications. p. 29. ISBN 8170990092. Search this book on
- ↑ Dr. Saraswat, V. K. "India's Leapfrog to Methanol Economy" (PDF). NITI Aayog. p. 5. Retrieved 13 June 2019.
- ↑ "Pilot project on methanol as cooking gas launched at Assam Petrochemicals Limited (APL)". The Sentinel. 6 October 2018. Retrieved 13 June 2019.
- ↑ "Launch of Methanol Cooking Fuel Program of India". Press Information Bureau. Government of India. 5 October 2018. Retrieved 13 June 2019.
External links[edit]
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