National Safety Award for meritorious performance in industrial safety, in achieving longest accident-free period
National Safety Award for outstanding performance in industrial safety as runner up in achieving lowest average frequency rate
1992:
Award of Merit for operating 27,55,364 employee hours without occupational injury or illness
1997:
Award for Best Project / Entrepreneur in the biomethanation sector.
1998:
Safety Award in recognition and commendation of services rendered to the cause of safety
1999:
Safety Award in recognition and commendation of services rendered to the cause of safety
2002:
Safety Award in recognition and commendation of services rendered to the cause of safety
National Safety Award for outstanding performance in industrial safety, in achieving longest accident-free period
Perfect Record Award for operating 7,208,784 employee hours without occupational injury or illness
2004:
International Safety Award in recognition of proven track record of maintaining excellent safety standards
2008:
Best Quality ENA Award in recognition of quality ENA production
Best Enhanced Performance for enhanced performance in exports, northern region
Milestones
Set up in 1983, India Glycols has come a long way in establishing itself as a leading chemicals manufacturer. Here are some of the key milestones the company has achieved along its journey:
1983: Incorporated on 19th November 1983, as UP Glycols Limited
1986: Renamed as India Glycols Limited on 28th August 1986
1989: Commercial production commenced at MEG plant from 25th April 1989: capacity, 20,000MTPA
1994: Commissioning of 13,000MTPA EO purification plant
1995: De-bottlenecking of MEG facility (20,000 to 25,000 MTPA)
1997: Commissioning of 10,000MTPA formulation plant
1998: De-bottlenecking of MEG facility (25,000 to 30,000 MTPA)
1999: Commissioning of 85,000 BL PD new continuous process distillery. Increase in power generation capacity (6 to 18 MW)
2001: Commissioning of glycol ether plant
2002: Commissioning of bottling plant
2003: Addition of GE acetate facility
2005: Expansion of MEG production to 1 lakh MTPA
2006: Commissioning of Gorakhpur unit
2007: Acquisition of Shakumbhari Sugar
2008: Commissioning of CO2 plant
2009: Commissioning of Ennature Biopharma, Dehradun.
Vision & Mission
Vision:
To be one of the most respected and innovative manufacturers of internationally sustainable products derived from natural, green or renewable resources, which add value and continuous growth to all stakeholders and the society at large.
Mission:
To manufacture and promote products, with concern for the environment and the wellness of people across the globe, by deriving them from renewable, natural, agro and waste feed stock. And to achieve this mission by deploying safe, eco-friendly and cost-effective processes and technologies.
Team / Manpower
India Glycols has a dynamic team of well-qualified and experienced professionals at its helm. Drawn from diverse streams including finance, engineering, marketing and management, the team provides key management, technical and other skills required for successful day-to-day business operations. Leading the company are:
Mr Rakesh Bhartia, Chief Executive Officer
Mr Anand Singhal, Chief Financial Officer
Mr R Pabi, President - Marketing
Mr IB Lal, President - Spirits division
Dr Shyamal Purkayastha, President - Natural Gums Division
Mr K Suresh Kumar, President - Marketing, Ennature Biopharma
Mr JD Kumar, Head - Technology
Mr VP Garg, Head - Projects and Purchase
Mr RS Yadav, Head - Human Resources
Dr GBS Reddy, Head - Operations and R&D, Ennature Biopharma
Dr BK Mishra, Head - R&D
Mr Lalit Kumar Sharma, Head - Legal and Company Secretary
IGL businesses
IGL’s flagship chemicals division started out with a path-breaking green approach to manufacturing ethylene oxide and derivatives. Using the molasses-ethyl alcohol-ethylene 'green route', the company is the only one of its kind in the world. With the emphasis now increasingly shifting to green manufacturing, the chemical division is well poised to meet the industry’s need for environmentally responsible products and production techniques.
Keeping in mind the critical dependence on agricultural feedstock, the company has taken up several initiatives including backward integration into sugar manufacturing to ensure seamless raw material availability. Other complementary initiatives include co-opting the cane growing community to ensure cane availability while providing adequate returns to the farmer.
Apart from chemicals, India Glycols has a significant presence in the natural active pharmaceuticals and nutraceuticals space with Ennature Biopharma; a well-established natural gum division manufacturing guar gum and a variety of derivatives; a spirits division that manufactures country and Indian-made foreign liquor adhering to the highest quality standards; and Shakumbari Sugar – a well-established player in the Indian sugar industry.
Exports
IGL has traditionally looked to leverage the export potential of its products. The company has therefore initiated the process of aligning to emerging global trends and has established facilities and operations that are in compliance with global good manufacturing practices.
Customer Focus
The company strives to achieve excellence through proactively addressing customer needs and requirements. Integral to this approach is the identification and development of customised products backed by research and development support.
IGL's R&D function is not only driven by organisational needs, but more importantly by customer needs. Its R&D centre employs state-of-the-art equipment that empowers IGL scientists and engineers to consistently deliver customised solutions that meet, and at times, even exceed customer expectations.
Board of Directors
India Glycols Limited is a professionally managed public limited company with Mr US Bhartia leading the business operations. The company’s board of directors comprises:
Mr. US Bhartia: Mr US Bhartia, the promoter and Chairman of the Rs16,000 million Bhartia Group, is a renowned industrialist. He holds an Honours Bachelor's degree in Commerce from the University of Kolkata and has over 30 years of experience in managing large- scale industrial companies. He has been associated with India Glycols Limited for over 12 years as the Managing Director.
Mr Pradip Kumar Khaitan: Mr Pradip Kumar Khaitan is a legal professional, holds a Bachelor of Law degree from the University of Calcutta and is an Attorney-at-Law (Bell Chambers gold medallist). He is also a member of the Bar Council of India, West Bengal; Incorporated Law Society, Kolkata; and Indian Council of Arbitration, New Delhi.
Mr Autar Krishna: Mr Autar Krishna is an industrialist and holds a Bachelor's degree in Science from St Stephens College, New Delhi, and GM Mech (E), London. He has over 35 years of experience in the steel and engineering industry.
Mr RC Misra: Mr RC Misra is the former Chairman of the Central Board of Excise and Customs, and holds a Master's degree in Arts and a Bachelor of Law degree from the University of Delhi.
Ms Jayshree Bhartia:
Ms Jayshree Bhartia holds a Bachelor's degree in Arts from the University of Kolkata. She is a Director in various companies.
Ms Bhartia has a keen interest in social work and is an Associate with various renowned social welfare organisations. She joined India Glycols in 1999.
Mr MK Rao:
Mr MK Rao holds a BTech (chemical engineering) degree from Andhra University College of Engineering and an MTech (chemical plant design) degree from IIT, Madras. Mr Rao possesses 26 years of experience in plant operations, maintenance and projects execution.
Mr Ravi Jhunjhunwala:
Mr Ravi Jhunjhunwala, is an Industrialist. He manages the Rs3,600 crores LNJ Bhilwara Business Group. He holds a Bachelor degree in Commerce from Delhi University and Master in Business Administration from the Centre D’etudes Industrielles (CEI) Geneva.
Mr Jitender Balakrishnan:
Mr Jitender Balakrishnan, recently retired from IDBI Bank Ltd. as Deputy Managing Director, has more than 30 years of experience.
During his tenure with IDBI Bank, he has held various positions and has obtained experience in various areas of banking and financial services. After holding the post of Executive Director of IDBI Bank in July 2004, he was promoted as Deputy Managing Director of IDBI Ltd. in 2006.
Note From The Chairman
We believe in green:
India Glycols is a leading public listed company that manufactures bulk, specialty and performance chemicals and natural gums, spirits and nutraceuticals. It is an ISO 9001, ISO 14001, OHSAS 18001 and ISO 22000 certified company.
Our company holds the distinction of being the only green petrochemical company of its kind. It is the first and only company in the world to have commercialised the production of ethylene oxide, its derivatives and glycols from renewable agricultural resources, namely molasses or sugar cane.
We believe in green. Not only have we adopted several green technologies, we continuously work to evolve new green methods, materials, innovative technologies and systems to meet the specific requirements of global clients.
Our aim is to be at the forefront of efforts against global threats such as global warming, stratospheric ozone depletion, resource depletion, bioaccumulation and persistent chemicals.
To do this, we have implemented several green methodologies, including:
New solutions and products made via the green route, ie, from raw materials that are renewable resources
Novel technologies, including super critical technology for nutraceuticals. We use super critical carbon dioxide as a green solvent during extraction processes
Novel catalysts and process improvements
Separation and post-refining technologies
Energy-efficient, renewable energy and water conservation projects
A focus on improving sustainability, by looking at energy usage, carbon footprints and life cycle assessment of products
At India Glycols, we work towards lowering our impact on the planet by reducing:
Use of raw materials and non-renewable resources (for instance, by recycling carbon dioxide used as a solvent)
Product toxicity
Wastes and emissions during manufacture
Risk and hazards from manufacturing
Environmental impact of products
Even our administrative processes are green; we have implemented SAP ERP solutions to achieve paperless work and minimise time frames and paper usage.
We believe that the green movement is on the rise with more and more people joining it each year. We are proud of being a green petrochemical company with innovative technologies and a vision of long-term sustainability.
“India Glycols relies on breakthroughs in green technologies. "
Safety, Health & Environment
The safety and health of every IGL employee and preservation of the environment is an integral part of the company's corporate policy. By investing in elaborate safety measures, the company ensures that its employees are assured a safe working environment and that the company's ecological footprint is minimal.
Safety: IGL has set up a number of systems to ensure the safety of the company's plants and personnel. As always, the first line of defence remains prevention. Systems and operations are therefore designed to prevent the smallest of mishaps that could lead to accidents.
As a part of the safety protocol, IGL has laid down strict safety norms that employees, irrespective of their position in the organisation, have to follow. The success of this elementary measure is reflected in the company's excellent safety track record and the number of awards bestowed by national and international organisations in recognition of the safe working environment IGL has been able to secure for its employees. Additionally, the following measures have been taken to continually monitor safety processes:
A Central Safety Committee to review and upgrade safe working practices has been set up
An emergency management plan is in place
Systems have been set up to record and report any accident. All reported incidents are thoroughly investigated and corrective action taken for preventing similar occurrences in the future
Provision of appropriate protective equipment and gear with usage being strictly monitored to ensure safety
Regular safety training programmes are conducted to train employees
Various incentive schemes that serve to motivate employees to follow safe working practices are in operation
The company maintains its own fire station, fully equipped with fire tenders, modern communication facilities and an elaborate auto fire hydrant system, deluge systems, MVWS systems, and fixed foam systems, in addition to other equipment operated by trained experts.
Live fire training drills are periodically organised to provide hands-on training and create confidence among employees.
Health: At IGL, employee health is a paramount consideration. The company has a medical centre at the factory with basic amenities and qualified and experienced medical and paramedical staff in attendance at all times to meet any contingency. An ambulance is also available.
All employees are required to undergo annual medical check-ups for the timely diagnosis of health problems. The company also offers a mediclaim policy that provides for healthcare expenses and other benefits to employees and their family members.
Environment: IGL believes in the principles of good corporate citizenship that mandate the active contribution of companies towards preserving the environment.
Corporate Social Responsibility (CSR)
Good governance demands adherence to social responsibility coupled with the creation of value in the larger interest of the general public. India Glycols is committed to the sustainable and integrated development and upliftment of the communities in and around its facilities.
The company’s directors and employees contribute time and resources to further the company’s various CSR initiatives. IGL’s activities begin in and around Kashipur (Uttarakhand) in the areas of health, education, welfare and environment.
IGL organises medical camps three days a week where villagers can avail of medical assistance, free of cost. IGL actively participates in organising blood donation camps, facilitating tree plantation, facilitating the construction of roads, bridges and drains and installing street lamps and hand pumps for drinking water in areas around the company’s facilities.
The company also extends support to victims of monsoon floods, and participates in other initiatives like distributing blankets to the poor during winter, promoting sports and socio-cultural activities in the state, supporting the local administration in fighting and managing fire accidents and other disasters that occur in the areas neighbouring its plants.
IGL supports a community school at Dwarka, New Delhi, in collaboration with Nirmal Society for Education Promotion, a charitable institution. The school is equipped with modern facilities, good infrastructure, and a qualified and experienced faculty. The company has also sponsored a faculty position in the Herbal Research and Development Institute, Centre of Aromatic Plants, Dehradun, to promote herbal development in the state of Uttarakhand.
India Glycols extends educational and on-job training to students of many professional institutions such as The Institute of Company Secretaries of India, The Institute of Chartered Accountants of India, and professionals from many other management and engineering institutions, thus helping young professionals gain a foothold in the industry.
Division
Chemicals: India Glycols' chemicals division has integrated state-of-the-art technology with its captive feedstock of raw materials to manufacture chemicals in a cost-efficient and environmentally responsible manner.
Constant innovation and a passion to consistently provide quality products have helped the company to establish itself as a market leader in a number of segments in the chemicals industry.
IGL's plants are ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007 certified.
Sub divisions: IGL’s chemicals division manufactures various product groups under the following sub divisions:
Krishna Packaging Deals in manufacturing and supplying containers such as packaging containers, food packaging containers, fruit packaging containers, customized packaging containers and salad packaging containers.
Surya Industries, Faridabad Exporting and manufacturing packaging tubes such as paper cans, cardboard tubes, mailing containers, customized tubes, industrial tubes, shipping tubes, mailing tubes, paper tubes and paper fibre cores.