Balaji Amines Limited, 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, has announced four new projects to be commissioned in FY25.

Electronic Grade DMC - The company is adding additional equipment to be integrated in the existing DMC/PG plant. The company has received most of the equipment at its site and the plant is likely to be commissioned in this financial year.

Propylene Glycol Pharma Grade - The company is adding additional equipment to the existing DMC/PG plant. Presently the company is producing technical and ultrapure grades and after adding these additional equipment, the plant can produce IP/USP/BP/EP grades of PG. This is likely to be commissioned in this financial year.

Dimethyl Ether - The plant is under construction and likely to be commissioned by the end of this financial year or first quarter of next financial year.

N-Methyl Morpholine (NMM) - The NMM plant with a capacity of 15 MT/Day is under execution at Unit IV. The detailed engineering is in the final stage and 50% of the equipment ordered. The civil works are likely to start before the end of November 2024. The plant is likely to be commissioned in the next financial year.

Iso Propyl Amine - 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 during the next financial year.

Greenfield Solar Plant - 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.

The company is proposing to set up a plant for manufacture of N-(N-Butyl) Thiophosphoric Triamide(NBPT) with a capacity of 2,500 TPA which will be taken up next financial year.

The company is proposing to set up an ACN plant with a capacity of 60 MT/Day at Unit-III MIDC, Chincholi. The discussion for transfer of the latest technology (reducing the cost of production) is under final stage and the company may sign the agreement by the end of November 2024. New equipment as per the latest technology will be integrated with the existing ACN plant at Unit-III.

New expansion of approximately Rs. 750 crore 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).

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 crore in a phased manner.