Alkyl Amines plans methylamine unit at Dahej

Image
Press Trust Of India Mumbai
Last Updated : Jan 25 2013 | 5:33 AM IST

Chemicals maker Alkyl Amines Chemicals is planning to set up a methylamine manufacturing facility at Dahej in Gujarat with an estimated investment of Rs 250 crore.

"We are adding capacity every year based on our own R&D technology. We are now setting up a 100 tonne per day methylamine manufacturing facility at Dahej in Gujarat. The project cost is estimated at Rs 250 crore," Alkyl Amines Chairman and Managing Director Yogesh Kothari said here.

The company has acquired the land in Dahej and project is expected to commence production within next three years, he said.

Alkyl Amines which currently manufactures amines, amine derivatives, speciality chemicals is planning expansion by setting up the unit to cater to the needs of the pharmaceutical, agrochemical, rubber chemicals and paints and dye industry. The company has two manufacturing sites, one at Patalganga and another at Kurkumbh. It had also set up R&D Centre at Pune equipped with advanced equipment and analytical instruments.

Kothari said the in-house R&D department has been consistently developing quality products and is also striving for achieving cost efficiencies.

On chemical industry scenario, Kothari said the Indian chemicals industry was estimated at USD 100 billion and is growing at a rate of 10 per cent per annum. "Global recession has not hit the industry due to our own large domestic market," he added.

Kothari, who is the president of Indian Chemical Council (ICC), the apex body of the chemical industry in India, said that a global conference on 'Responsible Care', a global initiative on industrial safety was held recently.

Through Responsible Care, ICC helps domestic chemical industry improve its performance by being open and transparent with regulatory authorities and general public.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 15 2012 | 12:19 AM IST

Next Story