The Bharuch-based fertiliser and chemical major Gujarat
Narmada Valley Fertilisers Company (GNFC) has planned
an investment to the tune of Rs 250 crore for expansion
of their acetic acid manufacturing capacity, increasing
the production to 100,000 metric tonnes per annum (MTPA)
from the present 50,000 MTPA.
With this expansion,
the company hopes to increase its domestic market share
by 10 per cent. Currently, GNFC enjoys a share of 20 per
cent of the domestic market. The current demand for acetic
acid in India stands at 370,000 MTPA, of which nearly
45,000 MTPA is imported.
GNFC is the only
company in India to manufacture acetic acid through the
methanol route using state-of-the-art technology from
BP Chemicals, UK. The plant is based on the most modern
methanol carbonylation technology and is the first of
its kind in India. Other domestic manufacturers produce
acetic acid through the molasses route, which depends
on the availability of sugarcane crop, which is seasonal.
Acetic acid is
mainly used in textile industries for textile processing
and printing and is widely used as a preservative in food
industry. Besides, it is also used in the manufacture
of other chemicals like acetic anhydride, vinyl acetate
monomer (VAM), purified terephthalic acid (PTA) and a
host of other chemicals.
acetic acid has the reputation having the best quality
and reliable supplies round the year. In view of this,
major industries like Reliance Industries and Gujarat
Dyestuff Industries have tied up with GNFC.
in 1976, GNFC is a joint sector company having established
its reputation as the leading Indian manufacturer of nitrogenous
and phosphate fertilisers such as urea, ammonium nitro-phosphate,
calcium ammonium nitrate and industrial chemicals such
as methanol, formic acid, acetic acid and nitric acid.
The company has also made a foray into the field of information