The decision to invest 250 crore in building a new, specialised plant in Dahej to produce advanced intermediates for agrochemicals has been approved by the board of SRF Limited.
It is projected to add a thousand MTPA of capacity, and it will be operational by May 31st, 2023. The company’s board has also given the go-ahead for a $162 crore project to modernise and expand the operations for belting fabric.
The present capacity is being utilised entirely, and the company has proposed a 700 MTPA capacity extension.