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Apr 10, 2024
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India's Nocil to expand rubber chemicals capacity
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India's National Organic Chemicals Industries Ltd (Nocil) is to expand production of rubber chemicals at its manufacturing site in Dahej, India by 20%.
In 28th March stock exchange disclosure, the Indian supplier said it is investing INR 2.5 billion (€28 million) in the project to enhance production at Dahej.
The facility currently has a nameplate capacity of 115 kilotonnes per annum, according to the stock exchange filing.
Utilization rate at the plant, Nocil added, currently stands at around 65%.
The Indian supplier said the added capacity will help it "enhance presence in both domestic as well as international markets".
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All India Rubber Industries Association. All rights reserved. |
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All India Rubber Industries Association. All Rights
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