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JG Chemicals gets nod to acquire land in Gujarat

12 May 2025 Evaluate

JG Chemicals has received approval for procurement of land in the State of Gujarat. The company will acquire the land admeasuring more or less 11.43 Acres in Dahej Petroleum, Chemicals and Petrochemicals Investment Region, Gujarat. 

The Cost of the land is Rs 24.05 crore plus applicable taxes, levies, stamp duty and registration charges. The Board of Directors of the Company at its meeting held on May 10, 2025, has approved the same. 

JG Chemicals is India’s largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturing through French process, which is the dominant production technology for producing zinc oxide and has been adopted by all the major producers in Americas, Europe and Asia.


Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
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Pidilite Inds. 1567.45
Tata Chemicals 612.10
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