The company has decided to increase its capacity for DAP (most widely used phosphate fertiliser), melamine (used in laminates, consumer moulded goods adhesives etc), Nylon and caprolactam (a raw material for Nylon-6). GSFC is already the biggest producer of caprolactam and melamine in the country.
"Our diammonium phosphate (DAP) plant in Sikka in Gujarat would be roughly doubled to 13 lakh metric tonne per annum.
Also Read
The caprolactam capacity will be increased by another one lakh metric tonne over the next two years period. The expansion project is estimated to cost around Rs 15,000 crore," said GSFC Chairman and Managing Director S K Nanda.
The company is also looking at increasing fibre capacity to 20,000 tpa and high speed chips to 30,000 tpa, Nanda said.
Among other projects, the company is putting up 15,000 MT per annum of nylon-6 project, 10 lakh litres per annum of liquid biofertiliser and 45 lakh per annum of tissue culture plants.
As part of diversification, the company has invested Rs 100 crore to venture into nylon fibres manufacturing for construction and infrastructure industries.
"We have invested Rs 100 crore to diversify into concrete reinforced fibre (CRF) and nylon reinforced fibre (PRF) manufacturing for construction and infrastructure industries," Nanda said.
The company has set up a unit having capacity of 750 tpa of CRF/PRF at Surat in Gujarat.
The facility also has inbuilt capacity expansion of upto 3,600 tpa and company has developed in-house technology and has already obtained patent for the same, he said.
GSFC claims its a pioneer in caprolactum having 70,000 MTPA and nylon value chain products. From caprolactum, the company produces nylon-6 polymer for engineering plastic, film and fibre applications.
It has now introduced Gujcon CRF-PRF nylon-6 for construction and infrastructure industries.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%