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NACL Industries gets nod to expand business portfolio

28 Jul 2023 Evaluate

NACL Industries has received approval to expand its business portfolio with entry into Specialty Materials and Intermediates (including Fluorinated compounds), Specialty Nutrition and Bioproducts, addressing Agriculture, Healthcare, Industrial and other sectors. The company envisages an investment of about Rs 1000 crore over the next three years for the said businesses including expansion of its existing Manufacturing and R&D facilities for captive as well as Custom Development and Contract Manufacturing opportunities. The Board of Directors in its meeting held on July 27, 2023 has approved the same. 

NACL Industries produces a comprehensive range of pesticide Technicals and Formulations.

Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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