Vinati Organics is planning to expand ATBS capacity from 40000 MT to 60000 MT. This would entail a capex of Rs 300 crore which will be funded by internal accruals and is likely to get commissioned by December 2023.
The capital expenditure in Veeral Organics (fully owned subsidiary of Vinati Organics) is under progress. The total capex is approximately Rs 280 crore and the products include 2000 MT of MEHQ & Guaiacol and 30000 MT of Iso Amylene. These products are used in polymerization inhibitors, flavours, fragrances, pharmaceuticals and pesticides. The commissioning is expected by September 2023.
Vinati Organics, Established in 1989, is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries.
