GACL Partners with Vedanta to Explore Caustic Chlorine Market

Gujarat Alkalies and Chemicals Ltd, a well-known chemical firm based in India, has recently partnered with Vedanta Ltd, to explore the possible opportunities existing in the caustic chlorine market. The companies signed a memorandum of understanding for analyzing the various business opportunities for caustic chlorine and its other allied businesses.

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Gujarat Alkalies and Chemicals Ltd., or GACL, is one of the largest and most prominent producers of caustic soda in India. The firm has been dealing with the supply and distribution of caustic soda with a production capacity of 1087 TPD. The company has recently signed an MoU with another chemical major, Vedanta Aluminium, with the intent to study and understand the current market trends of caustic chlorine. Both companies have collaborated to jointly explore synergies in caustic chlorine and other sectors.

The partnership aims to focus on analyzing the current market status and explore the possible grounds upon which it can work together to attain mutual benefits through the resources. The MoU focuses on understanding the businesses of both companies while adopting a collaborative approach based on their strengths and common business interests to achieve the desired outcomes. The companies have agreed to explore the vast possibilities and business opportunities present in the caustic chlorine market, either in the form of a joint venture project or through contractual arrangements under mutual interests.

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According to Procurement Resource, GACL and Vedanta Aluminium have recently announced a business collaboration. The companies have agreed to jointly analyze the existing possibilities and business opportunities of the caustic chlorine market. The MoU aims to explore the potential grounds in the caustic chlorine market and related sectors.