Current Date: 22 Dec, 2024

Shivanku Chem Tech Unveils Plans for New Synthetic Organic Chemicals Plant in Gujarat

Shivanku Chem Tech is developing a synthetic organic chemical manufacturing plant in Kadi, Mehsana, Gujarat. This massive project costs Rs. 8 crore and produces 260 MTPM. The project location, Plot No. 23, Survey No. 300, Umiya Industrial Estate, Village – Indrad, Ta - Kadi, Dist - Mehsana, has excellent road and rail connectivity. Logistical activities are easy because to State Highway 41 (1.00 Km, NE), Jhulasan Junction Railway Station (5.22 Km, E), and Ahmedabad Airport (34 Km, SE).

Synthetic organic dye, medicinal, agrochemical, and fine chemicals are produced by the project. The project targets local and international markets and forecasts a 10% domestic CAGR over five years. Medicine, agrochemicals, and textiles are driving demand. Growing market necessities drive global market expansion.

Due to its commitment to environmental sustainability, the EIA Notification, 2006 rated the project B1, indicating a moderate environmental impact. The project painstakingly completed a Gujarat Pollution Control Board-approved EIA report to fulfill environmental standards.

As on December 2023, The project is now in the stage of receiving approvals. The project has received all necessary clearances. By the end of the year 2023, development on the project will have begun. 

News by Rahul Yelliegetti

Source : Projxnews