Indian Extractions Limited (IEL), established in 1956, specializes in the trading of chemicals and marketing support services. Originally, IEL operated a solvent extraction plant in Jamnagar, which was later expanded to process 200 MT of de-oiled cakes daily. The company's primary product, refined solvent-extracted groundnut oil, is marketed under the brand name 'Diamond'. IEL ventured into organic chemicals and dye intermediates, operating a factory in Vapi, but sold this division in 1999-2000 to focus on its core business.
By 2009, IEL had modernized its solvent extraction plant and enhanced its edible oil refining capacity. In 2017-18, the company renewed its focus on expanding its chemicals trading business. IEL's strategic shifts indicate a focus on core competencies while exploring growth in the chemicals sector, making it a noteworthy participant in the chemical trading market.
