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Balaji Amines receives ‘Mega Project’ status for project expansion

05 Dec 2017 Evaluate

The Department of Industries, Energy and Labour, Mantralya, Mumbai has conferred ‘Mega Project’ status to the expansion project being under taken by Balaji Amines at an project outlay of Rs 296 crore at MIDC Chincholi, Solapur, Maharashtra. The said status of Mega Project entitles the company to various incentives, subject to compliance of conditions of Package Scheme Incentives (PSI) 2013.

Balaji Amines is engaged in manufacturing of methylamines, ethylamines, derivatives of specialty chemicals and natural products. The company was set up to cater to the growing requirements of value based Specialty Chemicals.


Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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