Thirumalai Chemicals (TCL) has received an approval to enhance the capacity of phthalic anhydride and fine chemicals in India, while its Malaysian arm - Optimistic Organic Sdn Bhd (OOSB) - will set up food ingredients and fine chemicals plants. The board of directors at its meeting held on October 19, 2016 has approved for the same.
The company is already executing an up-gradation project of its Fine Chemicals & Food Ingredients Units which is nearing completion. This will add about 40% capacity by Q4 of the current year in these divisions.
Besides, OOSB which has recently completed expansion of maleic anhydride capacity to 45,000 tonnes, is planning further increase the capacity of this unit. OOSB will also build food ingredients and fine chemicals plants based on TCL India’s technology in Malaysia.
Company Name | CMP |
---|---|
Tata Chemicals | 1099.00 |
SRF | 2630.70 |
Pidilite Inds. | 3024.20 |
Aarti Inds | 753.75 |
Gujarat Fluorochemic | 3633.25 |
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