Kiri Industries Limited (KIL) has started the first phase of commercial production of Specialty Intermediates at its plant located at Vadodara from 25 January, 2021.

The combined installed capacity of the first phase of the new plant is 6,000 MTPA which shall add several new products in dyes intermediates & specialty chemicals sector with incremental revenue of about Rs. 300 crore considering full capacity utilization progressively in the next few months and considering current price levels in the market.

This specialty intermediate plant shall reduce dependency on Chinese supplies and shall make the company self-reliant on several raw materials requirements. The company shall utilize around 30% production for its own consumption and remaining 70% production shall be sold in domestic and international markets for dyestuff, pharmaceuticals and chemical sector.

KIL is one of the largest manufacturers and exporters of a wide range of dyes, intermediates and chemicals from India. KIL is an accredited and certified Key Business Partner with world’s top Dyestuff majors across Asia-Pacific, the EU and Americas.

The company came into being in 1998 with the setting up of Dyes manufacturing unit at Vatva, Ahmedabad. In 2007, KIL embarked upon two stage backward integration by setting up India’s largest dyestuff intermediate manufacturing facility and largest basic chemicals facility at Padra (Baroda, Gujarat).

To strengthen its competitive edge in the Dyes vertical, KIL formed a Joint Venture with Long Sheng (China) and set up a manufacturing facility for Dyes at Padra (Baroda, Gujarat). On 4th February, 2010, Kiri Industries Limited acquired DyStar Group through SPV Kiri Holding Singapore Pvt. Ltd. Dystar acquisition is considered to be a historical development in the global dyes industry.