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Vishnu Chemicals gets nod to invest Rs 1000 crore for development of Green Field Project

27 Feb 2023 Evaluate

Vishnu Chemicals has received an approval for the investment proposal upto Rs 1000 crore for development of Green Field Project in the states of Gujarat and Andhra Pradesh by way of setting up Speciality Chemicals Integrated Plant in a span of next five years. The Board of Directors of the Company at their meeting held on February 27, 2023 has approved the same.

Vishnu Chemicals pioneered manufacturing chrome chemicals like sodium dichromate, potassium dichromate, basic chromium sulphate and yellow sodium sulphate at its plants in Medak District in Andhra Pradesh and Bhilai in Chattisgarh.

Peers
Company Name CMP
Godrej Industries 1103.75
SRF 2544.90
BASF India 3664.25
Pidilite Inds. 1575.00
Tata Chemicals 694.60
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