[Top 10 In 2022] Ethanol Producing Companies In India
Ethanol is a chemical compound used in a wide variety of products. Apart from this, it is used as medicine like antiseptic and disinfectant. Although there are many companies producing ethanol in India. But in today’s article, we are talking about some of the Top Ethanol Producing Companies In India.
As we know that we can use any chemical in many ways whether it is harmful or beneficial for our health. Because each chemical has its own characteristics and some products are made by mixing that chemical with other chemicals which can be both good and bad for us. If we mix the yeast in ethanol, it becomes a drink that is a harmful chemical for us and it also causes many diseases.
According to the report, India’s ethanol market is worth about $4.5 billion. Ethanol is also used in large quantities as a fuel. There are big companies in India that produce ethanol, these companies produce ethanol in a variety of forms, such as sugar and molasses-based ethanol, grain-based ethanol, an industrial solvent, and fuel and fuel additives. Let’s see all the companies.
Top Ethanol Producing Companies In India List
1. India Glycols Limited
India Glycols Limited is an Indian multinational chemical producing company started in 1983. The company works in the industries like Agrochemicals, Automotive Detergent, Health, and Food Processing, Mining, and Oil and Gas. It is one of the largest chemical processing companies in India with highly developed R&D centers.
It is only one and 1st company in India that set up the cellulosic alcohol technology demonstration. Due to this, the company is able to produce ethanol from lignocellulosic biomass. The company planted 63,000 trees around their factories to save our planet and to contribute greenery to nature.
2. Bajaj Hindusthan Sugar Limited
Bajaj Hindustan Sugar Limited is one of the oldest Indian multinational chemical companies, which was started in 1931. Apart from this, it is also one of Asia’s №1 and the World’s 4th largest Integrated Sugar producer company. The market capitalization of the company is about $150 billion.
3. Simbhaoli Sugars Ltd
Simbhaoli Sugars Ltd is an India-based multinational company founded in 1933. The company works around the staples, food, beverages, home, and personal care, and agri-inputs and has various FMCG leading product brands in India or other countries. Also, it exports its products to more than 45 countries in the Middle East, Africa, and Southeast Asia.
According to the distribution network of the company, it is the largest integrated agri-business and FMCG company in India. The company has set up its first and biggest distillery unit in the 1940s and become one of the largest ethanol producers in India. The company extracts and produces ethanolic products like Fuel, Neutral Alcohol, Hand Sanitizer& Disinfectants, Spirits & Liquor, and Medicines and Drugs
4. HPCL Biofuels Limited
HPCL Biofuels Limited is a chemical-producing India-based multinational company started in 2009. The company is owned by HPCL — Hindustan Petroleum Corporation Limited. In 2007 Government of Bihar invited sugar mills owned by Bihar State Sugarcane Corporation Limited and from that time the HPCL Biofuels Limited works under the Ministry of Petroleum and Natural Gas Government of India.
Majorly the company produces fuel ethanol chemicals and that can be blended with petrol. And the ethanol is sold by the HPCL, BPCL, IOCL’s which are the sister companies of HPCL Biofuels Limited.
5. Shree Renuka Sugars Ltd
Shree Renuka Sugars Ltd is a sugar producer Indian multinational company started in 1998. It is the world’s largest sugar manufacturer and refiner company. Also, the company manufactures fuel ethanol which is used in petroleum. The company has 7 largest manufacturing plants and two port-based refineries in India. The company has 4000 tonnes/day refining capacity with 600 kilolitre/day distillery capacity. The total market capitalization of the company is about 10,000 crores and have 1500 crores dept by the of 2020.
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