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Ganesh Benzoplast gets additional land on lease for 25 years at JNPT

06 Jul 2022 Evaluate

Ganesh Benzoplast has been allotted additional land for 25 years at Jawaharlal Nehru Port Trust (JNPT). The land, admeasuring 4.5 hectares (45,090 square meters), has been leased out to Ganesh Benzoplast from 2022 to 2047. The company has signed lease deed on July 04, 2022 with Jawaharlal Nehru Port Trust in respect of the allotment. The company intends to build storage tanks at the site for the handling and storage of liquid cargo -edible oil, acetone, acetic acid, ammonia, propane etc. and with the addition of new capacity there will be substantial increase in the LST revenue and profit of the Company.

Ganesh Benzoplast is engaged in the manufacturing and exporting of drug intermediates, pharmaceutical intermediates, bulk drug intermediates, food preservatives, lubricants, API/bulk drug, etc.

Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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