Atul has received approval for a capital expenditure proposal for manufacturing facility of Mecoprop-p (MCPP-p) 1,000 tpa, 2-methyl-4-chlorophenoxyacetic acid (MCPA) 750 tpa. The investment required is Rs 167 crore, excluding working capital and goods and services tax, and will be funded entirely through internal accruals.
The proposed capacity is to be added within a period of 67 weeks. The Board of Directors of the company at their meeting held on July 24, 2026, inter-alia, approved the same.
Atul is one of the largest integrated chemical companies of India. The company has one of the biggest integrated chemical complexes in India with a well-diversified product portfolio of around products and formulations.