I G Petrochemicals Limited (IGPL) is the largest producer of Phthalic Anhydride (PAN) in India and possesses a domestic market share of ~49% with an installed capacity of 1,75,110 Metric Tonnes Per Annum (MTPA). The company has a total of three plants situated at a single location in Taloja, currently operating at maximum utilizations (~95%) catering to domestic (~80%) and international markets (~20%). PAN is utilized as an intermediate in production of Plasticizers, Alkyd Resins, Unsaturated Polyester Resins (UPR) and Copper Pthalocyanine (CPC). It is used in a broad spectrum of industries like plastics, PVC pipes, paints & coatings automobile, pigments, building & constructions and electrical amongst others. Witnessing a sturdy demand scenario, IGPL plans to expand its capacity by ~53,000 MT lifting its total capacity to 2,28,110 MT by FY19E. Further, enhanced thrust by the Government of India (GOI) in infrastructure development and rural water management coupled with surge in disposable income should result into buoyant...