AeonX Digital Technology Ltd. (India)

Ashok Alco-Chem Ltd. (AACL) is a Public Limited Company located in Mumbai, Maharashtra. It was incorporated on November 18, 1992, under the Companies Act, 1956. The company was founded by Shri. Manilal H. Kadakia, who had extensive business experience in the cotton trade and various chemical companies. AACL specializes in the manufacturing and marketing of industrial alcohol, acetic acid, and other downstream products like ethyl acetate. Their products are used in various industries such as pharma, ink, paint, adhesive, resin, flexi packaging, and perfumery. The company's manufacturing facility is located in Mahad MIDC, Maharashtra, which is close to the JNPT port terminal. The facility has the capacity to produce 13,000 MTs of glacial acetic acid, 30,000 MTs of ethyl acetate, and 10,500 MTs of acetaldehyde per annum. In addition to chemical manufacturing, AACL also trades in mineral products for exports. The company has become a key player in the chemical industry in India. Their main products include ethyl acetate, glacial acetic acid, and acetaldehyde. Ethyl acetate is used as a solvent in various coating formulations, inks, and pharmaceutical production. Glacial acetic acid is used in paint, varnish, lacquer, and related products. Acetaldehyde is an important intermediate for the synthesis of other chemicals and is used in the production of perfumes, polyester resins, and basic dyes. AACL's corporate office is located in Fort, Mumbai.