The company plans to invest Rs 50 crore for adding incremental capacity in the bulk chemicals segment
Mumbai-based Dharamsi Morarji Chemical Company (DMCC) plans to invest about Rs 90 crore for ramping up its volumes and expansion capacities at Dahej facility in Gujarat.
DMCC will be investing Rs 50 crore for adding incremental capacity in the bulk chemicals segment at Dahej facility. While the commercial production has started, the company expects to ramp up the production to optimum utilisations by the end of the first quarter of FY23.
The company aims to invest Rs 20 crore in a dedicated speciality chemical plant at the Dahej facility. The plant is expected to begin commercial production by the fourth quarter of FY22. The company will use this facility for manufacturing products under contract.
DMCC plans to invest Rs 20 crore for expansion to manufacture intermediates for the pharmaceutical and agrochemical industry. This project is expected to complete by the first quarter of FY23.
