Himadri Speciality Chemical has received approval for setting up of the manufacturing facility for the production of Lithium-ion Battery (LiB) components with total annual production capacity of 200,000 MT either directly and/or through its subsidiaries with an estimated project cost of Rs 4,800 crore in phases over a period of 5 to 6 years. This investment will be made largely from internal accruals and balance from debt.
The Board of Directors of the Company at its’ meeting held on December 05, 2023, inter-alia has considered and approved the same.
Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. The company has operations in India and caters to both domestic and international markets.
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