Corporate News     31-Jul-23
Laxmi Organic Industries approves capex of Rs 710 cr for new manufacturing unit at Dahej
On 30 July 2023
The Board of Laxmi Organic Industries at its special strategy meet on 29 and 30 July 2023 has approved a capital expenditure of Rs 710 crore for setting up a new manufacturing site at Dahej, Gujarat. This new manufacturing facility will have capability to produce multi products.

Product portfolio of the first phase will be:

• Specialties – Diketene and Ketene derivatives
• Essentials – Esters, Anhydrides and Aldehydes derivatives

The proposed capacity addition will be more than 1,00,000 tonnes per annum. The new site is expected to come on stream approximately in 3 years.

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