By: ICN Bureau
Last updated : October 16, 2026 8:10 am
Kronox Lab Sciences is acquiring this asset to expand its chemical manufacturing capacity
The Board of Directors of Kronox Lab Sciences Limited has officially approved the strategic acquisition of a 5,000-square-meter manufacturing plant in the Dahej Special Economic Zone (SEZ) from Axiom Chemicals.
This transaction includes only the physical plant asset; the corporate entity of Axiom Chemicals Private Limited is not part of the acquisition.
Kronox Lab Sciences is acquiring this asset to expand its chemical manufacturing capacity and support ongoing business growth. The acquisition will be fully funded through internal cash accruals, covering the purchase price alongside all associated taxes, registration fees, stamp duties, and transaction costs.
Axiom Chemicals operates within the chemicals industry, and the Dahej facility is configured for chemical manufacturing.