Makino India's ₹125 Crore CNC Parts Unit in Haryana

Mak Leon Organics Private Limited's ambitious venture into the chemical manufacturing sector with their Formaldehyde & Resins Unit Project at Manakpur, Haryana, marks a significant milestone for the company. Despite a relatively modest investment of ₹5 Crores, the project aims to establish a foothold in this niche market.

The project's focus on producing 200 tonnes per day of formaldehyde and 25 tonnes per day of resins or glue underscores Mak Leon Organics' commitment to meeting the demand for these essential chemical products. Formaldehyde is widely used in various industries, including furniture, construction, and automotive, while resins find applications in adhesives and coatings.

By entering the formaldehyde and resins market, Mak Leon Organics positions itself as a player in the chemical manufacturing landscape, catering to diverse industrial needs. This move not only diversifies their product portfolio but also opens up new revenue streams and business opportunities.

The choice of Manakpur, located in Yamunanagar district, Haryana, as the project location is strategic, considering the region's industrial infrastructure and proximity to raw materials. This decision may enable cost-effective operations and efficient supply chain management for Mak Leon Organics.

While the investment may seem relatively smaller compared to larger chemical projects, the Manakpur Project holds significant potential for Mak Leon Organics to establish itself as a reliable supplier of formaldehyde and resins in the market. Further developments in the project's progress and its impact on the company's growth trajectory remain eagerly anticipated.

News by Rahul Yelligetti