Atul further said that the plant will be equipped with a zero liquid discharge facility in line with the commitment of the company towards sustainability. The products are GOTS approved and Oeko-Tex Standard 100 compliant.
Atul is an integrated chemical company. The company operates through two segments: life science chemicals, and performance and other chemicals.
The company posted a 17.6% decline in consolidated net profit of Rs 155.43 crore in Q3 FY22 from Rs 188.58 crore posted in Q3 FY21.
Shares of Atul were trading 2.39% lower at Rs 8890 on BSE.