Business

IOL Chemicals and Pharmaceuticals receives REACH certification

Gains access to European markets for supply of Ethyl Acetate

IOL Chemicals and Pharmaceuticals Limited (IOL), a leading manufacturer of pharmaceutical (APIs) and specialty chemicals, announced receiving REACH certification for Ethyl Acetate (CAS: 141-7-86) supply in the European market.

Ethyl Acetate is exported by the company to over 40 countries. The company also announced the appointment of REACHLaw as its Only Representative (OR) to help the company widen its arms and grow its territory in European countries.

REACH is a European Union (EU) law designed to improve human health and environmental protection.

The bill intends to improve the competitiveness of the EU Chemicals Sector. This certification will allow IOL to export Ethyl Acetate within the European Union.

In 1996, IOL began producing Ethyl Acetate. It has the largest single location plant of Ethyl Acetate in India, with a production capacity of 120,000 tonnes per annum.

Beside Ethyl Acetate, the company also produces other key speciality chemicals such as- Acetyl Chloride, Mono Chloro Acetic Acid and Iso-Butyl Benzene. 

About IOL Chemicals and Pharmaceuticals Limited (IOL)-

The company, which was founded in 1986 and is listed on the National Stock Exchange of India Ltd (Code: IOLCP) and the Bombay Stock Exchange Ltd (Code: 524164), is a prominent pharmaceutical (APIs) company with world-class facilities.

IOLCP has a strong presence in key therapeutic areas such as pain management, anti-convulsants, anti-diabetes, anti-cholesterol, and anti-platelets.

APIs, Metformin, Fenofibrate, Clopidogrel, Lamotrigine, Pantoprazole, Paracetamol, and speciality chemicals like as Ethyl Acetate, Iso Butyl Benzene, Mono Chloro Acetic Acid, and Acetyl Chloride are among the products offered by the company.

With an installed capacity of 12,000 TPA and a completely integrated manufacturing facility, the company is the world’s largest manufacturer of ibuprofen.
The company has DSIR-approved research and development that is fully prepared to validate existing procedures.
For self-sufficiency, the Central and State Government approved Effluent Treatment Plant (ETP) was built with a Zero Liquid Discharge (ZLD) system and a 17 MW captive Co-Generation plant. The company is certified to ISO 9001:2015, 14001:2015, and BS OHSAS 18001:2007.
IOLCP’s overseas customers come from a variety of countries, including the United Kingdom, Belgium, Hungary, Spain, Germany, Italy, the Netherlands, Switzerland, Poland, Ireland, the United States, Peru, Brazil, Argentina, Colombia, Indonesia, South Korea, Thailand, Bangladesh, Turkey, the United Arab Emirates, China, Hong Kong, Egypt, and others.
Products are mostly sold to branded generic formulators in India and abroad.
This article was shared with Prittle Prattle News as a Press Release.
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