Ashok Alco - chem Limited (AACL) was incorporated as a Public Limited Company on 18th November 1992 under the Companies Act, 1956 in Maharashtra. The Company was promoted by the Kadakia family for manufacturing and marketing of Industrial Alcohol, Acetic Acid and other downstream products like Ethyl Acetate for industrial use in pharma, ink, paint, adhesive, resin, flexi packaging, perfumery and many other industries.
Shri. Manilal H.Kadakia, the patriarch, freedom fighter, fondly called ‘Papaji’, was the founder Chairman having several decades of business experience in Cotton Trade and various other Chemical Companies.
The manufacturing facility was set up at Mahad MIDC, Maharashtra which is 170 kms from Mumbai and offers excellent logistics facility being very close to JNPT port terminal. The plant is spread over a land area of about 28000 sq.mts. Apart from this, the Company also has a residential plot ad-measuring 2438 sq.mts and buildings for residential quarters for its employees.
The Company’s plant is one of the leading alcohol based facility currently having installed capacity to produce 13,000 MTs of Glacial Acetic Acid, 30,000 MTs of Ethyl Acetate and 10,500 MTs of Acetaldehyde per annum.
Apart from the manufacture of Chemicals, the Company also commenced trading in some mineral products mainly for exports from the year 2009 which has given a substantial boost to the top line figures and a ramp-up in revenues as well as profitability.
Shri. Manilal H.Kadakia, the patriarch, freedom fighter, fondly called ‘Papaji’, was the founder Chairman having several decades of business experience in Cotton Trade and various other Chemical Companies.
The manufacturing facility was set up at Mahad MIDC, Maharashtra which is 170 kms from Mumbai and offers excellent logistics facility being very close to JNPT port terminal. The plant is spread over a land area of about 28000 sq.mts. Apart from this, the Company also has a residential plot ad-measuring 2438 sq.mts and buildings for residential quarters for its employees.
The Company’s plant is one of the leading alcohol based facility currently having installed capacity to produce 13,000 MTs of Glacial Acetic Acid, 30,000 MTs of Ethyl Acetate and 10,500 MTs of Acetaldehyde per annum.
Apart from the manufacture of Chemicals, the Company also commenced trading in some mineral products mainly for exports from the year 2009 which has given a substantial boost to the top line figures and a ramp-up in revenues as well as profitability.
