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Futura Polyesters Ltd. (formerly Indian Organic Chemicals Ltd) is into manufacture of Speciality Fine Chemicals and Polyesters. The company was promoted by B M Ghia and D S Dalal as a public limited company in Feb. '60. The Chemical division of the company manufactures Alcohol based cheimicals like acetic acid, acetic anhydride, acetaldehyde, benzyl products, plasticisers and glyoxal from its plant at Khopoli Maharashtra. The Polyester division has manufacturing facility at Manali near Chennai in Tamilnadu. The main products of this division is PSF and PFY and PET Resins. The PET resin business of the company owns an export oriented unit enagaged in PET resins exporting mainly to USA and Eastern Europe.