Nalco India Company and the State Industrial Infrastructure Development Corporation (Idco) established a joint company Angul Aluminium Park, which will create an aluminum park in Angul (Orissa).
50.5% of Angul Aluminium Park received Idco, the remaining 49,5% — Nalco. For the future of an aluminum park is allocated 200 acres of land near the existing metallurgical plant Nalco. It will consist of the company for the production of caustic soda, calcined petroleum pitch, coke, fluorides, aluminum casting, extrusion and other products.
It is worth noting that its intention to organize Nalco aluminum park announced back in September 2009. It seems that the matter is now moved from the dead point.