Alkyl Amines Chemicals' Board of Directors has approved the capital investment for the setting up a plant at Dahej, Gujarat.

The objective is to manufacture a new product in specialty chemicals, and  the investment required is between Rs 115 crore to Rs 150 crore.

The proposed capacity is to be added between 15 months to 50 months, and will help increase the product base, with the growing demand for company's products in domestic and international markets. It will replace the imports gradually.

The company has established a position in domestic market and a presence in international market for services and quality products.