Yasho Industries has received approval from its board capital expenditure of Rs 350 crore in Phase 1 for its Greenfield project at Pakhajan (Dahej), Gujarat. The company intends to manufacture lubricant additives and rubber chemicals with a total capacity of 15500 MT per annum in phase 1 at this new facility.
Post expansion, the total manufacturing capacity will increase from 11,000 MTPA to 26,500 MTPA with a revenue potential of Rs 500 crore to Rs 550 crore in Phase 1 at full capacity utilisation. The project is expected to be completed in 24 months after receiving all necessary governmental approval. The capital expenditure towards the project will be financed through a combination of internal accruals and debt.
Yasho Industries is a manufacture and exporter of speciality and fine chemicals. Its products include aroma, antioxidants lube addictives rubber and speciality range chemicals.
