Meghmani Organics' material subsidiary -- Meghmani Finechem has decided to foray into project of Epichlorohydrin having annual capacity of 50,000 tones which will be based on TechnipFMC’s EPICEROL technology. The project will be setup with capex of around Rs 275 crore and is expected to generate revenue of approximately Rs 460 crore per annum at optimum operating rate.
Epicerol technology is based on glycerine as feed stock which is obtained from 100% renewable resources. This proven technology is of great interest to downstream users who are concerned about a cost-effective production route whilst taking advantage of an abundant renewable feedstock to reduce their carbon footprint. Project will be set at Chlor Alkali and Derivatives Complex, Dahej.
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.
