Urmi Chemicals Paves the Way: ₹65 Crore Monochloroacetic Acid Project in Maharashtra

Urmi Chemicals Private Limited is set to make a significant impact on the chemical industry landscape with its upcoming monochloroacetic acid (MCA) manufacturing unit in Lote Parshuram, Ratnagiri, Maharashtra. With an investment of ₹65 crore, this project is not just a testament to the company's growth ambitions but also to its commitment to contributing positively to the regional economy and the broader chemical sector.

Monochloroacetic acid, the focal product of this venture, is a crucial ingredient in numerous applications across different industries. From the production of vital herbicides and pesticides in the agricultural sector to its role in pharmaceuticals, dyes, and the textile industry, the demand for MCA underscores the strategic importance of this project. Moreover, its utility in synthesizing other chemicals further amplifies its significance in the market.

The choice of Lote Parshuram in Ratnagiri for this project is strategic, leveraging the locale's connectivity and skilled workforce to optimize operations. This location choice not only benefits Urmi Chemicals in terms of logistics and talent acquisition but also promises to boost the local economy through job creation and increased industrial activity.

News by Rahul Yelligetti