Vinati Organics, as part of its growth and expansion plans is envisaging a capex of about Rs 150 crore aimed for manufacturing 4 new specialty chemicals and for expanding the present capacity of the PTBBA plant.
These new products will be used in sectors like agrochemicals, dyes and plastic additives. Further the capex is expected to derive additional revenues of about Rs 240 crore and is expected to be completed during the FY21.
Vinati Organics is a specialty chemical company producing organic intermediates, monomers and polymers.
| Company Name | CMP |
|---|---|
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| Tata Chemicals | 709.05 |
| SRF | 2493.65 |
| Pidilite Inds. | 1393.25 |
| Deepak Nitrite | 1538.00 |
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