Laxmi Organic Industries Limited had approached the Odisha Government for a parcel of land to explore the possibility of establishing a manufacturing facility. 

Presently, no investment decision has been finalized and approved. Investment decisions by the company will be based on land availability and a thorough feasibility assessment.  

Deccan Herald had published a news item “Odisha Govt. approves investment proposals worth Rs. 39,271 crore,” published on September 19, 2024. The article also mentioned that "Laxmi Organic Industries Limited will set up a synthetic organic chemical manufacturing unit in Jagatsinghpur."

The company is exploring the availability of land with the Odisha Govt. Once it is available, the company will finalize the investment decision based on a thorough feasibility assessment.

The company is top player in Acetyl Intermediaries in India and No. 3 globally (excluding China) and has a capacity of 232 KTPA. The company is also top player in Ketene & DiKetene Intermediaries in India and in the top 5 globally. The company has more than 30 products developed inhouse through its R&D efforts.