Indo Amines has received an approval to commence a new project of manufacturing Speciality Chemicals at plot situated at J-5 Additional Industrial Area, Avadhan, MIDC, Dhule. The company has acquired 9.5 acres land in MIDC, Dhule.
The company is proposing to invest approximately up Rs 100 crore in time span of 5 years (at first stage the company is investing Rs 25 to 30 crore approximately for 12 months). The board of directors at its meeting held on February 9, 2018 approved the same.
Indo Amines manufactures various types of fatty amines, amine derivatives that are used by various industries for direct application. Its products also have specialized process application for various industries and their processes.