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GSFC to invest Rs 1,200 crore for capacity expansion this year

22 Jan 2015 Evaluate

In a bid to expand its capacity, state-run Gujarat State Fertilizers and Chemicals (GSFC) is planning to invest over Rs 1,200 crore this year. The company will invest the same for the ongoing and future expansions in the Fertilizers and Nylon-6 manufacturing among others. While the company will soon commission its large scale 60,000 MTPA plant of Water Soluble Fertilizers with an estimated investment of Rs 44 crore.

Among others, the company is also setting up a venture for Nylon-6 Fully Drawn Yarn (FDY) with capacity of 2,600 MTPA with an investment of Rs. 40 crore while considering the increasing demand of Melamine, GSFC will come up with a melamine plant of 40,000 MTPA at a cost of Rs 1,000 crore in addition to its existing capacity of 15,000 MTPA.

GSFC is a leading manufacturer of quality products of Chemical Fertilizers and Industrial Products. The company’s manufacturing units is located at Kosamba, Sikka and Nandesari. It has marketing network spread across India in states like Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Daman and Uttar Pradesh.

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