|₹21.3 / ₹3.47|
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Incorporated on 2 Dec. '91, and promoted jointly by T V Sandeep Reddy and D S P Reddy and associates, Gayatri Starchkem Ltd. , formerly known as Starchem Industries Ltd. , is engaged in the manufacture of sorbitol with an installed capacity of 8550 tpa, it has a technical collaboration with Lurgi Oil Gas Chemie, Germany, for transfer of know-how, to manufacture sorbitol by adopting state-of-the-art low-pressure hydrogenation technology. Sorbitol is used in tonic/liquid formulations, toothpastes, cosmetic products like face creams and lotions, in tobacco processing for cigarettes, and in the paint, leather, paper, textile and food industries, etc. Sorbitol is more immune to bacteriological degradation than sugar, and is less vulnerable to mould growths than most other humectants and plasticising materials. The company came out with a public issue in Apr. '94 to part-finance a project to manufacture 8550 tpa of sorbitol.