Shree Pushkar to double chemicals & triple fertilizers capacities
Chemical

Shree Pushkar to double chemicals & triple fertilizers capacities

The total Capex planned for doubling chemicals and tripling fertilizers capacities is Rs. 120 - 130 crore and it is 100% funded through internal accruals.

  • By ICN Group | June 10, 2021

Shree Pushkar Chemicals & Fertilizers Limited, a leading manufacturer of dyes, dye intermediates, and fertilizers is planning to double chemicals and triple fertilizers capacities in the next 1-2 years.

The total Capex planned for doubling chemicals and tripling fertilizers capacities is Rs. 120 - 130 crore and it is 100% funded through internal accruals.

Capex Planned

  • Dye-intermediates Unit 5
  • Planned Capex - Rs. 75-85 crore 
  • Rs. 67 crore already incurred

Acquisition of Madhya Bharat (2 units)

Planned Capex - Rs. 28 crore

100% Capex of Rs. 28 crore incurred

Solar Power Plant

Planned capex - Rs. 12 crore

Rs. 1.4 crore already incurred

Revamp Unit 1

Planned Capex - Rs. 5 crore

Full Capex already done

Source: Indian Chemical News

The company is looking at expansion of Madhya Pradesh Phosphates Pvt. Ltd. and expansion of current Unit V facility. Chemical facility is planned to be doubled from 14,060 MTPA in FY 21 to 30,000 MTPA in FY 22-23E whereas fertiliser facility is to be tripled from 149,200 MTPA in FY21 and 444,400 MTPA in FY 22-23E.

Shree Pushkar Chemicals & Fertilizers Ltd., established in 1993 is a leading manufacturer of Dyes, Dye Intermediates, and Fertilizers. Having started manufacturing in the year 2001 with a single product, the company has aggressively expanded its portfolio to over 25 products.

Promoted by first generation entrepreneurs, Shree Pushkar Chemicals & Fertilizers Ltd. has always been towards a stable and sustainable operating system. The company is constantly engaged in strategic planning encompassing forward & backward integration, improvising optimum utilization of inputs, upgrading technology and most of all identifying areas for improvements for eco-friendly products and processes.

With recent ventures in the manufacturing of Reactive Dyes and Textile Chemicals, the company has headed towards being a “one-stop shop” for the Textile Effects industry. Shree Pushkar also manufactures a wide range of Fertilizers and Soil Conditioners, thus catering to the widest range of customers; from the smallest of “Farmers to Multinationals”.

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