Current Date: 21 Nov, 2024

Deep Finechem to Invest ₹27 Crore in Fine Chemicals Facility in Maharashtra

Deep Finechem Pvt. Ltd. has announced a ₹27 crore investment in a new fine chemicals manufacturing facility at Nardana, Dhule, Maharashtra. The project will span 4.94 acres, reflecting the company’s commitment to expanding its footprint in the fine chemicals sector.

The facility is strategically located in Nardana, an emerging industrial hub in Maharashtra, which offers logistical advantages and access to key raw materials. This investment is expected to enhance Deep Finechem's production capacity, enabling the company to meet the growing demand for high-quality fine chemicals in both domestic and international markets.

The new plant will focus on the production of specialized fine chemicals, which are crucial for various industries, including pharmaceuticals, agrochemicals, and dyes. The project is anticipated to create job opportunities in the region, contributing to local economic development.

By establishing this facility, Deep Finechem aims to strengthen its market position and cater to the evolving needs of its clients. The company's expansion aligns with broader industry trends, as the demand for fine chemicals continues to rise globally.

With construction expected to commence soon, the Nardana project marks a significant milestone in Deep Finechem’s growth strategy, positioning it as a key player in the fine chemicals industry.

News by Rahul Yelligetti

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Source : Projxnews