Godrej Chemicals to Invest Over Rs 7.50 Bn for Capacity Expansion
ECONOMY & POLICY

Godrej Chemicals to Invest Over Rs 7.50 Bn for Capacity Expansion

Godrej Industries’ Chemical Business today announced significant capacity expansions in sync with the company’s growth plan to become a $1 Billion global business before 2030. With a total capital outlay for expansions to exceed Rs 7.50 billion over the next few years, the company has already kicked off several projects.

The company announced doubling of its Fatty Alcohol and Euric Acid capacities with an addition of 35,000 tonne per annum and 20,000 tonne per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tons per annum while the glycerine capacity will be doubled with an addition of 24,000 tons per annum. The fermentation capacity will also see a threefold increase with an addition of 1,500 tons per annum. It plans to increase the Primary Surfactants capacity with an addition of 30,000 ton per annum. Additionally, to support the company’s sustainable operations, it will enhance its hybrid power capabilities thereby increasing renewable energy usage to 75 percent.

Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals) said “Consistently achieving double-digit volumes and revenue growth year after year, it’s a very exciting time for us here at Godrej Chemicals. The significant investments in our R&D and Commercial teams reflect our commitment to Sustainable Operations and Green Products in our quest to deliver innovative solutions to our customers across all market segments. Our capacity additions align with our long-term aspirations to become a $1 Billion global business before 2030. On behalf of our entire team, I thank our customers, suppliers and stakeholders for their great support which is enabling our strong progress year after year.”

The company sees Green Chemistry as an important pillar in its growth strategy. While it is reducing its environmental footprint through energy efficient processes, adoption of renewable energy and zero waste goals, it is also leveraging biocatalysis, continuous manufacturing and fermentation for green, efficient and milder innovations. Hence, today’s announcement further reinstates the company’s strong focus on sustainability, innovation, and tailored solutions for its focus segments.

Godrej Industries’ Chemical Business today announced significant capacity expansions in sync with the company’s growth plan to become a $1 Billion global business before 2030. With a total capital outlay for expansions to exceed Rs 7.50 billion over the next few years, the company has already kicked off several projects.The company announced doubling of its Fatty Alcohol and Euric Acid capacities with an addition of 35,000 tonne per annum and 20,000 tonne per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tons per annum while the glycerine capacity will be doubled with an addition of 24,000 tons per annum. The fermentation capacity will also see a threefold increase with an addition of 1,500 tons per annum. It plans to increase the Primary Surfactants capacity with an addition of 30,000 ton per annum. Additionally, to support the company’s sustainable operations, it will enhance its hybrid power capabilities thereby increasing renewable energy usage to 75 percent.Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals) said “Consistently achieving double-digit volumes and revenue growth year after year, it’s a very exciting time for us here at Godrej Chemicals. The significant investments in our R&D and Commercial teams reflect our commitment to Sustainable Operations and Green Products in our quest to deliver innovative solutions to our customers across all market segments. Our capacity additions align with our long-term aspirations to become a $1 Billion global business before 2030. On behalf of our entire team, I thank our customers, suppliers and stakeholders for their great support which is enabling our strong progress year after year.”The company sees Green Chemistry as an important pillar in its growth strategy. While it is reducing its environmental footprint through energy efficient processes, adoption of renewable energy and zero waste goals, it is also leveraging biocatalysis, continuous manufacturing and fermentation for green, efficient and milder innovations. Hence, today’s announcement further reinstates the company’s strong focus on sustainability, innovation, and tailored solutions for its focus segments.

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Next Story
Infrastructure Energy

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Next Story
Infrastructure Energy

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement