The Synthetic Organic Chemicals Expansion Project by Makson Fine Chem Private Limited is a significant venture set in Ankleshwar, Bharuch, Gujarat, with a total investment of ₹18.50 Crore. This expansion initiative, costing ₹12.00 Crore, aims to enhance the manufacturing capacity of synthetic organic chemicals, building upon the existing unit's foundation, which was established with an initial investment of ₹6.50 Crore.
Crucial to the project's success is the allocation of substantial plot area, with the existing unit occupying 3615.00 Sq. m. and the expansion utilizing an additional 6920.55 Sq. m., totaling 10,535.55 Sq. m. Furthermore, the project emphasizes environmental stewardship by dedicating green belt areas, with the existing unit accounting for 500.00 Sq. m. and the expansion earmarking 3000.00 Sq. m., totaling 3500.00 Sq. m., to mitigate environmental impact.
However, to comprehensively evaluate the project, it is imperative to address uncertainties such as the specific synthetic organic chemicals to be produced, their market demand, regulatory compliance, and safety protocols. Moreover, understanding the expansion's impact on production capacity and conducting an Environmental Impact Assessment (EIA) are critical steps to ensure sustainable practices and responsible chemical handling throughout the project lifecycle.
News by Rahul Yelligetti