|IG Petrochemicals Limited (IGPL) was incorporated on 18th October, 1988, and obtained a certificate of commencement of business on 31st October, 1988. It is promoted by Mysore Petro Chemicals Limited (MPCL) together with its associate companies in technical and financial collaboration with Lurgi GmbH, Germany.
The immediate object of the Company is to set up a 100% Export Oriented Unit (EOU) for the manufacture of Phthalic Anhydride (PAN) at Taloja in Maharashtra. The licensed capacity of the plant is 45,000 tpa and compares well with international plant sizes and would be the largest plant in India.
The Company is promoted by M/s Mysore Petrochemicals Limited (MPCL) together with its Associate Companies in financial and technical collaboration with M/s Lurgi GmbH of Germany.
Shri S S Dhanuka (Chairman) has more than 20 years experience in the same Industry and he is the Managing Director of Mysore Petro Chemicals Limited (MPCL) since 1973. Shri M M Dhanuka (Director) is a qualified Chemical Engineer and he has extensive experience of the working of Phthalic Anhydride plant being associated with MPCL since 1982.
-Delists shares from Delhi Stock Exchange (DSE) w.e.f. March 20, 2006.
- IG Petrochemicals Ltd has informed that the Board of Directors of the Company at its meting held on July 28, 2009, inter alia, has appointed Prof. A K A Rathi as an Additional Director (Non-Executive and Independent) on the Board of the Company.