About Hindustan Organic Chemicals Limited

Hindustan Organic Chemicals Limited (HOCL) is a Government Company and Central Public Sector Enterprise engaged in manufacturing basic chemicals, with its sole operating unit located at Ambalamugal, Kochi, Kerala. The company’s product portfolio includes Phenol, Acetone and Hydrogen Peroxide, which cater to end-use sectors such as dyes & pigments, agrochemicals and pharmaceuticals . HOCL maintains Integrated Management System certifications—ISO 9001:2015, ISO 14001:2018 and ISO 45001:2018—and is in the process of implementing ISO 50001; all products are certified by BIS.

The registered office was shifted from the State of Maharashtra to the State of Kerala with effect from May 12, 2023, aligning the head office with the operating plant and supporting closer oversight by the top management. The company has additional offices in Mumbai and New Delhi to support sales and corporate coordination . HOCL serves both domestic and international customers, reflecting its mission to produce and market basic chemicals efficiently and economically .

A major milestone in recent years has been the government-approved restructuring plan. Under this plan, the Rasayani Unit was closed and disposal of plant and equipment undertaken; sale of unencumbered land at Rasayani and Panvel is in progress. The Kochi Phenol plant remains operational and has ramped up utilisation following the restructuring . As of FY 2022-23, installed capacities stood at 40,000 MT for Phenol, 24,640 MT for Acetone and 10,450 MT for Hydrogen Peroxide . HOCL has 1 subsidiary.

Hindustan Organic Chemicals Limited Key Management

• Sajeev B – Chairman & Managing Director
• Yogendra Prasad Shukla – Director (Finance) & CFO
• Subramonian H – Company Secretary

Latest Updates on Hindustan Organic Chemicals Limited

• The registered office shifted to Ambalamugal, Kochi (Kerala) with effect from May 12, 2023, following approvals from regulatory authorities; this is expected to reduce operational costs and improve supervision over operations.
• Operational performance improved in FY 2022-23, with Phenol plant utilisation at 93% and Hydrogen Peroxide at 99%.
• The government-approved restructuring continues: Rasayani Unit remains closed; disposal and land sale processes (Rasayani and Panvel) are in progress while the Kochi unit sustains production.
• The Board recorded that the Kochi unit manufactures Phenol, Acetone and Hydrogen Peroxide, with production targets exceeded during FY 2022-23 (actual output vs target for overall chemicals was 102.41%).
• HOCL’s Integrated Management System certifications remained in place at the Kochi unit; the company is working towards ISO 50001, and all products continue to carry BIS certification.
• For the subsidiary, the Cabinet Committee on Economic Affairs in its meeting on January 22, 2020 approved closure of operations at Hindustan Fluorocarbons Ltd., including an interest-free loan of Rs 77.20 crore from the Government of India for closure-related expenses.