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Grasim Industries’ Chemical Division commissions additional of Advanced Materials manufacturing capacity

30 Dec 2023 Evaluate

Grasim Industries’ Chemical Division has successfully commissioned additional 123,000 tons’ annual capacity of Advanced Materials (Epoxy Resins and Formulation) manufacturing capacity at Vilayat, District Bharuch, Gujarat. With this expansion, the total capacity of Advanced Materials is 246,000 tons’ per annum. The expansion shall facilitate the growth in speciality chemical business of the company.

Grasim Industries is the flagship company of the Aditya Birla Group. The company’s businesses comprise viscose staple fibre, cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.


Peers
Company Name CMP
Grasim Industries 3171.00
DCM Shriram 998.35
3M India 34233.10
Hindustan Foods 625.90
Balmer Lawrie & Co 168.10
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