Meghmani Finechem has decided to set up project of Epichlorohydrin, capacity 50,000 tonnes per annum which will be based on TechnipFMC's EPICEROL® technology.
Epicerol® technology is based on glycerine as feed stock which is obtained from 100% renewable
resources. This proven technology is of great interest to downstream users who are concerned
about a cost-effective production route whilst taking advantage of an abundant renewable
feedstock to reduce their carbon footprint. Project will be set at Chlor Alkali and Derivatives
Complex, Dahej.
The project will be setup with Capex of around Rs. 275 crore and is expected to generate revenue of
approximately Rs.460 crore per annum at optimum operating rate. This move is a step forward in the
strategy of integration and value addition. Meghmani from June 2021 (Q2), will meet the growing
demand of ECH in domestic market from their Dahej plant. The company has already moved
forward in growth oriented directions since last five years and have already setup plants of
Caustic Potash and Chloromethanes, further project in advance stage is manufacturing of
Hydrogen Peroxide which is likely to go on stream in current financial year 2019-20.
Meghmani Finechem will be the first to manufacture Epichlorohydrin in India. Currently, this product is imported entirely for the domestic consumption.
The plant will be set to serve the rapidly growing Epichlorohydrin market in India. Epichlorohydrin
is an essential feedstock for the production of epoxy resins, which is increasingly used in various
applications including corrosion protection coatings in Industrial, automotive, packaging. Beside
protective coatings, Epoxy resin is used in Composites which has major application in Aerospace,
Wind mill and automotive Industries. it is also used in adhesive, elastomers, paper and textile
industry as sizing agents and other specialty uses.
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