National Peroxide Rs 65 cr expansion soon

National Peroxide Ltd, one of the largest manufacturers of hydrogen peroxide, is completing its capacity expansion from 84,000 tonne to 95,000 tonne.

The Rs 65 crore expansion will it a capacity to supply for the next couple of years, said managing director SR Lohokare. The Wadia Group company has a 42 per cent market share in the hydrogen peroxide market. Once the capacity is established, the company will be looking at the second half of the current fiscal year.