MoneyWorks4Me

JG Chemicals purchases piece of Land in Gujarat

24 May 2025 Evaluate

JG Chemicals has purchased a piece of Land admeasuring more or less 11.43 Acres situated at Dahej Petroleum, Chemicals and Petrochemicals Investment Region, Gujarat at a cost of Rs 24.05 crore, excluding Taxes, Levies & Registration Charges for future expansion.

This Investment is aimed at expanding the company’s zinc chemicals and other sustainable recycling product portfolio. It marks JGC’s entry into the West India market and is an important strategic step for the Company’s growth. 

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
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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