India Pesticides Ltd. will be setting up an agrochemicals, active pharmaceutical ingredients and intermediates, and fine chemicals manufacturing unit at Sumerpur in Uttar Pradesh’s Hamirpur district.
According to Chief Executive Officer DK Jain, “With the new plant, total capacity of India Pesticides will expand to 57,500 tonnes per annum from 23,500 tonnes per annum over the next three to four years.”
The new facility will have a capacity of 100 tonnes a day for active ingredients and intermediaries and a capacity of 2 tonnes per day for APIs.
The company’s current unit has a total capacity of 23,500 tonnes per annum of agrochemical intermediaries and chemicals and 100 tonnes of APIs. Existing unit capacity will increase to 27,500 tonnes per annum and the capacity at the new site will be additional.