Scaling up for the next level of growth

We consistently invest in augmenting our capabilities and best-in-class equipment and machinery to achieve excellence in manufacturing and ensure safe and efficient operations. Our integrated operations, efficiency-enhancing efforts and capacity expansion projects set us up well for an accelerated growth path.

Augmenting manufacturing capabilities

Leveraging our robust manufacturing infrastructure and extensive expertise in chemistry, we have emerged as a key partner for major Indian and international conglomerates. We see significant opportunities going forward which will necessitate us to enhance our capacities and competencies. FY 2022-23 has been a year in which a lot of our growth initiatives have taken shape.

We are making significant strides towards scaling manufacturing capacities. Debottlenecking is a crucial development as it enables us to enhance production. As Phenol capacity utilisation has peaked, we are undertaking debottlenecking of the Phenol facility which will increase production by about 10% from current levels; and is expected to come on stream in the first half of FY 2023-24. We have successfully commissioned the installation of SAC unit which has significantly enhanced sustainability at Nandesari plant. Our photochlorination and chlorination plants are slated to be commissioned in the third quarter of FY 2023-24 and the acid project in the fourth quarter of FY 2023-24. Both these plants will significantly enhance profitability once commissioned and fully ramped up. It will also cater to internal captive consumption needs.

Our MIBK and MIBC plants are scheduled for commissioning by next year. These are derivative products of acetone and the objective is to captively use acetone to manufacture MIBK and MIBC thereby going into downstream value-added products. Our hydrogenation and multipurpose distillation facility has been approved marking further progress in our expansion plans. With multiple brownfield and greenfield projects underway to be commissioned in the coming year, we are poised to deliver improved performance and growth. More significantly, we have also approved investment to set up a facility in Oman to manufacture key chemicals and benefit from low-cost inputs of raw materials and energy to serve global markets.