Balaji Amines is proposing to set up a plant for manufacture of N-(N-Butyl) Thiophosphoric Triamide (NBPT) with a capacity of 2500 TPA which will be taken up next Financial Year. The company is also proposing to set up an ACN plant with a capacity of 60 MT/Day at Unit-III MIDC, Chincholi. The project is under detailed engineering and ordering of critical and long delivery equipment are in progress and the plant is expected to be commissioned during the FY 2025-26.

The N-Methyl Morpholine (NMM )plant with a capacity of 15 MT/Day is under execution at Unit IV. The detailed engineering is in the final stage and most of the equipment is ordered. The civil works are in progress. The plant is likely to be commissioned in the next Financial Year.

The company is modifying the existing Ethyl Amines plant at Unit-I suitable to manufacture Iso Propyl Amines (MIPA/DIPA). The capacity of the plant will be around 20 to 21 Tons per day. Most of the existing equipment of the Ethyl Amines plant will be used. The plant is likely to be commissioned before June 2025.

“We are adding additional equipment to be integrated in the existing DMC/PG plant. Most of this equipment was received at site and the plant is likely to be commissioned by the end of March 2025. Moreover, we are adding additional equipment to the existing DMC/PG plant. Presently the company is producing technical and ultra-pure grades and after adding these additional equipment, the plant can produce IP/USP/BP/EP grades of PG. This is likely to be commissioned by end of March 2025,” the company said in a release.

Balaji’s di methyl ether is under construction and likely to be commissioned by the end of first quarter of next Financial Year 2025-26.

The company has received required approvals for setting up a Greenfield Solar Power plant with 20 MW capacity near MIDC, Chincholi, Maharashtra. In the first stage the company is setting up an 8 MW DC (6 MW AC) solar power plant and the same is expected to be commissioned in this Financial Year. This will reduce the power bills of all the plants substantially in line with our commitment of Carbon emission reduction under ESG declarations.

All the above projects are likely to be completed by using internal accruals.

New expansion of approx. Rs. 750 crs in Subsidiary Balaji Speciality Chemicals Limited

Investment will be made for wide range of products, including Hydrogen Cyanide (HCN), Sodium Cyanide (NaCN) 30% (Solution), Sodium Cyanide (NaCN) 100% (Solid), Ethylene Diamine Tetra Acetic Acid (EDTA), Ethylene Diamine Tetra Acetic Acid Disodium Salt (EDTA-2Na), Benzyl Cyanide (BnCN), Phenylacetic Acid (PAA), and Tri Ethyl Ortho Formate (TEOF) / Tri Methyl Ortho Formate (TMOF).

Notably, the Industries, Energy, and Labour Department, Government of Maharashtra, has granted Mega Project status to our Expansion Project for Balaji Speciality Chemicals under the Packaged Scheme of Incentives (PSI), 2019, with a proposed investment of Rs. 750 Crores in a phased manner.