By: ICN Bureau
Last updated : February 03, 2021 6:22 am
The proposed capacity is expected to be added between 15 months to 20 months.
The Board of Directors of Alkyl Amines Chemicals Ltd has approved the investments for enhancement of capacity for Aliphatic Amines at Kurkumbh and Patalganga sites in Maharashtra.
The current capacity is of 80,000-90,000 MTs per annum of various Aliphatic Amines and existing capacity utilization is currently 80% to 90%.
With the growing demand for company's products, the company has approved additional Capacities of approx. 30-40% in Aliphatic Amines depending on mix.
The proposed capacity is expected to be added between 15 months to 20 months and the investment of Rs. 300 to Rs. 350 crores approximately will be financed through internal accruals.
The company has established a leading position in domestic market and a presence in international market with a reputation for reliable service and quality products.