Laxmi Organic Industries Ltd
Laxmi Organic Industries Ltd Company History
Laxmi Organic Industries is in the business of acetyl intermediates and specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and busine
1992
Commission of the AI Manufacturing Facility at Raigad for manufacturing of glacial acetic acid 1996 Commenced production of ethyl acetate
1992
2004
Installation of two windmills at Chitradurga district, Karnataka with capacities of 0.6 MW each.
Receipt of ISO 9001-2000 certifications for manufacture and marketing of ethyl acetate, acetic acid and absolute alcohol.
2004
2006
Installation of windmill at Ghatnandre, Sangli, Maharashtra with capacity of 1.25 MW
2006
2008
Expansion of ethyl acetate manufacturing capacity at the AI Manufacturing Facility to 51,000 MT
Setting up of distillery at Jarandeshwar
2008
2010
Acquisition of ClariantÂs ketene/diketene business and expansion into diketene and diketene derivatives products by commissioning of the SI Manufacturing Facility
Receipt of ISO 14001:2009 and OHSAS 18001:2007 certifications for manufacturing and marketing of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol
2010
2011
Increase from 8,900 MT to 13,380 MT in the capacity of diketene and diketene derivatives and expansion of ethyl acetate capacity to 120,750 MT
Setting up of DSIR approved R&D centre at the SI Manufacturing Facility
2011
2012
Investment by the International Finance Corporation in the Company
2012
2013
Incorporation of the Subsidiary, Laxmi Organic (Europe) B.V., in Netherlands, Europe
Incorporation of the Subsidiary, Laxmi Petrochem Middle East FZE in Sharjah
2013
2018
Commissioning of the hydro-electric power project at Yedgaon
2018
2019
Receipt of DSIR registration for the Rabale Innovation Centre
2019
2020
Acquisition of assets from Miteni by VLPL
2020
2021
Receipt of USDA Certified Biobased Product label from U.S. Department of Agriculture for ethyl acetate
Signing of definitive agreements for the YCPL Acquisition
Receipt of ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certification for the manufacturing, marketing and sales of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol
Investment in Cleanwin Energy One LLP, which is engaged in the business of generation of renewable energy to acquire 26% stake, and execution of a power purchase agreement in connection therewith.
2021
