The Board of directors of Himadri Speciality Chemical Ltd has approved brownfield expansion of a new speciality carbon black line of 70,000 MTPA (increasing the total speciality carbon black capacity to 130,000 MTPA) at an estimated capex of Rs 220 crores which is scheduled to be operational within 18 months.

The existing capacity is 60,000 MTPA of speciality carbon black out of total carbon black capacity of 1,80,000 MTPA. With this 70,000 MTPA of speciality carbon black, the total carbon black capacity will stand increased to 2,50,000 MTPA (including speciality carbon black of 1,30,000 MTPA).

"To support the growth and increasing market demand, we are announcing a brownfield expansion of a new speciality carbon black line of 70,000 MTPA (increasing the total speciality carbon black capacity to 130,000 MTPA making it world’s largest speciality carbon black capacity at single site) at an estimated capex of Rs 220 crores which is scheduled to be operational within 18 months," Anurag Choudhary, CMD & CEO, Himadri Speciality Chemical Ltd, said. 

The estimated capex will be funded through onternal accruals / borrowings from Banks.