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chemicals Sector News & Updates - July 22, 2024



Caplin Point allocates Rs 550-crore for capital expenditures
Chemicals   -  Aug 16,2023
Chennai's Caplin Point Laboratories plans a 500-550 crore capex for expanding current capacity, broadening the product line, and achieving backward integration. The pharmaceutical company started .


Insecticides India to invest Rs 150 crore on capacity expansion in next two years
Chemicals   -  Aug 14,2023
Insecticides India Ltd (IIL) MD Rajesh Aggarwal announced a Rs 150 crore investment for capacity expansion in Rajasthan and Gujarat, along with new product launches before 'Navratri'. About .


Amit Shah lays foundation of IFFCO Nano DAP
Chemicals   -  Aug 14,2023
Union Home Minister and Minister of Cooperation, Amit Shah, performed the Bhumi Pujan for the IFFCO Nano DAP Plant in Gandhidham, Gujarat. Present were Gujarat Home Minister Harsh Sanghavi, IFFCO offi .


Chemplast Sanmar officially launches first phase of Rs 680 crore expansion plans
Chemicals   -  Aug 11,2023
Chemplast Sanmar, a prominent chemical manufacturer and flagship business of the Sanmar group, inaugurated the first phase of its multipurpose production block project. The custom chemicals division i .


Centre looking to allow private firms to develop small modular reactors
Chemicals   -  Aug 08,2023
The Indian government is considering provisions in the Atomic Energy Act of 1962 to involve private sector and startups in setting up small modular reactors (SMRs). These advanced nuclear reactors pro .


Laxmi Organic Industries gets approval to establish new manufacturing site in Gujarat
Chemicals   -  Aug 04,2023
Laxmi Organic Industries received authorization for a Rs 710 crore capital investment to establish a new production plant in Dahej, Gujarat. The plant aims to increase capacity by over 100,000 tonnes .


Gujarat govt inks 4 MoUs for investment of Rs 1,401 crore in chemical sector
Chemicals   -  Aug 04,2023
Four MoUs were signed ahead of Vibrant Summit 2024, amounting to 1401 crores investment in Gujarat's Chemicals sector. The projects include a battery chemicals unit by Gujarat Fluoro Chemicals (R .


Laxmi Organic Industries Limited approves investment of Rs. 710 crore
Chemicals   -  Aug 02,2023
Laxmi Organic Industries Limited's Board of Directors approved a capital investment of Rs. 710 crore for a new production site in Dahej, Gujarat. The facility will be capable of producing multipl .


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