Meghmani Finechem commissions additional caustic soda plant in Gujarat
The company has completed additional caustic soda plant of 1,28,000 tpa along with captive power plant of 36 MW
Meghmani Finechem (MFL), a material subsidiary of Meghmani Organics (MOL), has commenced commercial production of additional caustic soda plant along with captive power plant in the existing chlor-alkali and derivative complex at Dahej in Bharnch, Gujarat.
The company has completed additional caustic soda plant of 1,28,000 tpa along with captive power plant of 36 MW in the existing chlor-alkali and derivative complex.
The company has started commercial production from June 20, 2020.
The caustic soda expansion has been set up at a cost of Rs 300 crore and captive power plant at Rs 150 crore.
MFL expects that the expansion will add revenue of Rs 200 crore in FY21 and Rs 360 crore in full year of operation in 2021-22.
With this additional caustic soda, the company will reach to 2,94,000 tpa and captive power plant to 96 MW. This will significantly contribute to reduce the country’s dependence on import.
The chlorine and hydrogen being co-product, after this expansion, its capacity will increase by 1,10,000 tpa and 37 million NM3 per annum, respectively.
Additional chlorine and hydrogen generated from this plant will ensure continuous supply to the existing customer, agrochemical, pharmaceutical industries and upcoming downstream project of chlor-alkali derivative complex viz Hydrogen Peroxide, Epichlorohydrin and CPVC resin in the existin gchlor-alkali complex.
Caustic soda plant will cater various applications such as aluminia, soaps and detergents, paper and pulp, agrochemicals, textile, etc.