Anaven, a joint venture (JV) of Nouryon and Atul, has received the environmental clearance for its 32,000 metric tons monochloroacetic acid (MCA) plant in Gujarat, India. Construction is due to be completed this year to supply MCA to the Indian market by the end of the year.
The 50-50 joint venture will become the largest MCA plant in India. It will use chlorine and hydrogen manufactured by Atul to produce up to 32,000 metric tons of MCA per year, with the possibility to expand this to 60,000 metric tons per year in the future. Atul will consume a portion of the MCA directly in its own production and the balance will be supplied to the Indian market.
Atul operates through six business divisions, namely, Agrochemicals, Aromatics, Bulk Chemicals & Intermediates, Colors, Pharmaceuticals & Intermediates and Polymers.
