Chemicals sector projects by Vinati Organics Limited in
Project Information
6034
Vinati Organics Limited
Vinati Organics, a specialty chemical company producing aromatics, monomers, polymers and other speciality products, is planning to invest Rs 150 crore in capacity expansion (capex) over a period of the next 18 months. "The capex entails introducing new products as well as setting up of captive cogeneration plant at our Lote facility (Maharashtra)," said Vinati Mutreja, Executive Director, Vinati Organics Ltd, during earnings conference call.
Vinati Organics will spend about Rs 50 crore on a cogeneration plant, while rest Rs 100 crore will be used for debottlenecking its existing capacity and adding some new products, which would be derivatives of the existing products. The company expects capex will result in revenues of about Rs 200 crores in the next few years.
Vinati Organics is one of India’s leading manufacturers of acrylamido 2-methylpropanesulfonic acid (ATBS), isobutyl benzene (IBB), isobutylene (IB), and other related chemicals.
Project Value
INR 15 Crore /-
Advanced Stages of Commissioning
Maharashtra
India
Chemicals
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