Meghmani Organics’ material subsidiary---Meghmani Finechem (MFL) has completed installation of Chlormethane (CMS) project with capacity of 40,000 MTs per annum in the existing Caustic Chlorine complex situated at GIDC Dahej, Bharuch, in South Gujarat.
MFL has commenced commercial production in Chlormethane (CMS) from July 4, 2019. CMS Plant will produce Methylene Dichloride (MDC), Chloroform and Carbon Tetra Chloride (CTC). MDC will enable MFL to meet the growing demand of Pharma and Agrochemical customers while Chloroform will meet demand for Raw Material of Pharma & Refrigerant Gases.
The cost of setting up the Chloromethane (CMS) plant with an annual capacity of 40,000 MTs is Rs 160 crore. The company expects to achieve turnover of Rs 80 crore in current financial year 2019-20 and Rs 160 crore in full year of operation in 2020-21.
Meghmani Organics is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.
| Company Name | CMP |
|---|---|
| UPL | 646.15 |
| PI Industries | 3108.10 |
| Bayer CropScience | 4608.85 |
| Sharda Cropchem | 1121.05 |
| Sumitomo Chemical | 485.90 |
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