I G Petrochemicals Ltd

NSE:IGPL

IG Petrochemicals Ltd. is a holding company, which engages in the manufacture and sale of organic chemicals. The company is headquartered in Mumbai, Maharashtra and currently employs 461 full-time employees. The company is engaged in a single business segment of manufacture and sale of organic chemicals. IGPL produces maleic anhydride through wash water generated out of the production process. The company is used in the manufacturing of unsaturated polyester resin which is used in automobiles, tanks and pipes, epoxy resin, lubricating oil additives and in food industries. Its aleic anhydride product is used in agro and food businesses. Its benzoic acid product is an organic compound, a colorless crystalline solid and a simple aromatic carboxylic acid. The company is used in the manufacture of paints, dyes and plastics as well as the manufacture of unsaturated polyester resin. Its also produces diethyl phthalate used as a plasticizer in consumer goods, including plastic packaging films, in-cosmetics formulation, solvent for fragrances, a surface lubricant in food and pharmaceutical packaging.