Laffans Petrochemicals Limited was incorporated on November 27, 1992. Initially, the Company was engaged in manufacturing of petrochemicals products. The Company set up in 1994 to manufacture ethylene oxide derivatives such as Ethoxylates, Glycol Ethers, Acetates, Triethonal-amine, and Brake fluids is located in Ankleshwar, Gujarat.
A recent entrant in the petrochemical industry, Laffans Petrochemicals manufactures petrochemical derivatives for supply to the paint and automobile industries. Its product range includes speciality chemicals like surfactants (based on fatty alcohol), solvents (like glycol ethers), amines (like ethanol amines), polyethylene glycols, etc. To manufacture these petro products, which are termed ethylene oxide derivatives, a plant has been set up with technical assistance from Reliance Industries. It has a locational advantage since the site at Panoli, Ankleshwar, is about 60 km from Reliance and 70 km from IPCL. Both these supply it with ethylene oxide, its basic raw material.
In Oct.'93, it commenced commercial production and started supplying glycol ether and ethoxylate. The glycol ether capacity is being expanded to 10,000 tpa. The company came out with a public issue in Mar.'94 for the purpose. It was set up with a total investment of Rs 10 cr. It is the only supplier of butyl carbitol and acetates which were being imported by all the paint companies in India.
Major customers of the company include Goodlass Nerolac, Jenson & Nicholson, Be ...rger Paints, Asian Paints, Castrol, Kalyani Brakes, Pidilite Industries, etc. Its products are sold under the Laffcols brand. They find application in the adhesives, ceramics, cosmetics, leather processing, pharmaceutical, textiles, inks, paints, lubricants and paper industries.
Laffans Petro recently tied up with Altachem, Belgium, to manufacture building chemicals. This collaboration involves technology transfer and investments by the foreign partner. They have agreed to take an equity stake in Laffans Petro. The company has tied up with Akzo Nobel, Sweden, to manufacture petrochemical products in India to meet part of their global requirements. This collaboration, too, involves technology transfer and investments by the Akzo group.
In 1995-96, company came out with an expansion plan to expand its Glycol Ether capacity to 10000 MTPA with an investment outlay of Rs. 800 lacs to be funded with institutional loan components of Rs. 600 lacs and internal generation of Rs. 200 lacs without any addition to Equity.
The Company entered into collaboration with global leader Huntsman chemicals in 2009 for manufacturing of ethylene oxide derivatives under Huntsman brand and technology. Laffans was the single largest buyer of Ethylene Oxide in India.
In year 2011, the Company's manufacturing unit was acquired by Huntsman Corporation, which presently has engaged in the business of trading in chemicals and API and in commodities arbitrage.
In 2025, Company has started imports of chemicals from Dubai and is seeking opportunities towards Leasing and Rental Services and commodities.
FAQs on Laffans Petrochemicals Ltd
1. Can I buy Laffans Petrochemicals Ltd from PL Capital? ›
Yes, you can invest in Laffans Petrochemicals Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Laffans Petrochemicals Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Laffans Petrochemicals Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Laffans Petrochemicals Ltd pay dividends? ›
Laffans Petrochemicals Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Laffans Petrochemicals Ltd ? ›
As of
06-Feb-2026 , 16:00:01 the share price for Laffans Petrochemicals Ltd. is ₹ 26.8 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Laffans Petrochemicals Ltd ? ›
The 52-week high and low of Laffans Petrochemicals Ltd share price is ₹ 23 - ₹ 44.26 as of
06-Feb-2026 , 16:00:01 .
