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The Andhra Petrochemicals Ltd.   (APL)   was promoted by The Andhra Pradesh Industrial Development Corporation   (APIDC)   and   The Andhra Sugars Ltd (ASL) in   1984 as joint sector Company.    Subsequently the structure of the Company has changed into an assisted sector Company with ASL being the major share holder.

M/s APL was established with a capacity to produce 30,000 MTPA of Oxo Alcohols at Visakhapatnam, Andhra Pradesh, India. The Plant has recently undergone an Optimization & Modernization Scheme to increase the capacity to 73,000 MTPA. The Registered Office of the Company is situated at Tanuku.

The Plant employs the latest State of Art of Technology from M/s Davy Process Technology, London, U.K., with total capital investment of around Rs. 4970 million. The Company commenced Commercial Production in February 1994 and after the Modernization on 1st May, 2010.