GACL and Vedanta Aluminium Ink MoU for Collaborative Business Exploration in Caustic-Chlorine Sector

3 Jan 2024 , 12:11 PM

Gujarat Alkalies and Chemicals Ltd (GACL) signed an initial pact with Vedanta Aluminium on Tuesday. The Memorandum of Understanding (MoU) aims to explore business opportunities in caustic-chlorine and other allied businesses.

GACL and Vedanta Aluminium intend to recognize the potential for mutual value addition by adopting a collaborative approach in common business interests.

Both companies express a desire to explore cooperation opportunities in greater detail, with the goal of pooling resources in a mutually beneficial manner.

The MoU signifies an agreement to jointly explore business opportunities, either through a joint venture project or contractual arrangements of mutual interest.

Vedanta Aluminium, a business of Vedanta Ltd, is involved in this collaborative effort.

GACL, based in Gujarat, boasts a production capacity of 8,52,400 tonnes per annum, with manufacturing facilities in Vadodara and Dahej.

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