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Apr 10, 2024
 
India's Nocil to expand rubber chemicals capacity
 

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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