SINGAPORE: Meghmani Organics Limited (MOL) has commenced Commercial production of the following two plants on 25th November, 2020:
(1) Herbicide 2, 4D Acid Plant at GIDC, Dahej – District Bharuch
The Cost of setting up the Herbicide 2, 4 D Acid with an annual capacity of 10,800 MTs is Rs. 127 Crore. MOL expects to achieve additional Turnover of Rs. 200 Crores on full year of operation. With this expansion the total production capacity of Herbicide 2,4D Acid Plant is now 21600 TPA.
(2) Formulation Plant at GIDC Panoli – District Bharuch
The Cost of setting up the Agrochemical Formulation plant is Rs. 25 Crores. MOL expects to achieve additional Turnover of Rs. 150 Crores on full year of operation.
MOL is also planning to set up the multipurpose plant at Dahej at the cost of Rs. 310 Crores and the Plant is expected to be commissioned by Q4 FY22. The detailed announcement will be made in due course.
Meghmani Organics Limited (MOL) is in the business of Manufacturing of Agrochemical and Pigments. Agrochemical Manufacturing facilities are situated at GIDC panoli, GIDC Ankleshwar and GIDC Dahej at District Bharuch.