Himadri Speciality Chemicals has announced brownfield expansion of a new speciality carbon black line.

The capacity will be increased to 130,000 tpa. The expansion is estimated to cost Rs 220 crore with completion scheduled in 18 months.

Himadri Speciality Chemicals, is a global speciality chemical conglomerate with focus on research & development, innovation and sustainability

Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical said, We are delighted to announce that the company has become debt-free with positive net cash balance as a result of our relentless focus on disciplined capital deployment and working capital utilization. We also take pride in announcing that the company has achieved highest ever sales, EBITDA, and PAT.

Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. The Company has operations in India and caters to both domestic and international markets.