Balaji Amines: Betting on new projects in FY 2024-25
Chemical

Balaji Amines: Betting on new projects in FY 2024-25

Methylamines, Electronic Grade DMC, DME, N-Methyl Morpholine (NMM), N-(n-butyl) Thiophosphoric triamide (NBPT) and Isopropylamine projects to be commissioned by FY 2024-25

  • By Pravin Prashant | August 08, 2024

Balaji Amines, a leading manufacturer of Aliphatic Amines & Speciality Chemicals in India, specialised in manufacturing of Methyl Amines, Ethyl Amines, Derivatives of Amines and other Specialty Chemicals is betting on new plants and projects which will be commissioned in FY 2024-25.  

Methylamines: The project implementation is progressing as planned. The project is likely to be commissioned around the end of Q3 of FY 2024-25.

Electronic Grade DMC: Electronic Grade DMC plant is under execution and will be commissioned during FY 24-25. This has good demand for EV Batteries which has good potential in the coming years as we are the only manufacturers of DMC in India right now with an installed capacity of 15,000 MTPA.

Dimethyl Ether (DME): The project for manufacture of DME is under execution at Unit-IV. The plant is expected to be commissioned during Q4 of FY 2024-25. This has an application in the Aerosol industry apart from using it as a replacement to LPG for Industrial and Commercial usage. The Bureau of Indian Standards (BIS) has initiated a Standard to blend DME 20% with LPG, seeing the advantages of DME. The same is approved by the Committee of experts and under final printing as a Gazette Notification.

The company is proposing to take up the following projects: N-Methyl Morpholine (NMM) - 5,000 TPA; N-(n-butyl) Thiophosphoric triamide (NBPT) - 2,500 TPA; Isopropylamine: Company is proposing to manufacture Isopropylamine (Mono & Di) in the existing plant of Ethylamines at Unit -I by modifying the existing Ethylamines plant which is not in operations as we have set up a New and high output plant for manufacturing of Ethylamines at Unit – IV.

The company has received all approvals for setting up of a greenfield solar power plant of 20 MW capacity near MIDC, Solapur, Maharashtra and works are progressing at a brisk pace. In the first phase, the company has taken up to 8 MW capacity Solar Power plant in phase I and the same is expected to be operational during the Q4 of FY 2024- 25.

All the above projects would be completed at the earliest with the internal accruals.

The company has also received the BIS Certification for the product 'Morpholine' from the Bureau of Indian Standards for Unit I and Unit-III. 

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